RT @ThomasPHI2: (2) reasonable people can disagree. On balance, however, I would have voted against the bailout.
Why?
The first point is that SVB and Signature were outliers. SVB combined aggressive use of HTM (top 10% unrecognized losses, bottom 10% capital) and top 1% uninsured leverage ..
🐦🔗: https://n.respublicae.eu/lugaricano/status/1636516681882411008