Economy FDIC Federal Reserve Masters of the Universe Politics Silicon Valley Bank SVB Tech

Report: Loans to Silicon Valley Bank Insiders Tripled to Record High as Collapse Loomed

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Mar 22, 2023

Report: Loans to Silicon Valley Bank Insiders Tripled to Record High as Collapse Loomed

Following the collapse of Silicon Valley Bank, reviews of the company’s internal practices have revealed that loans to insiders tripled to $219 million before the bank failed.

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