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Odds are the San Francisco Fed has been working overtime since last night and announce SVB is bought out by another bank this weekend.



CNBC this morning has had a few chirons implying private capitalization/sales talks have failed

edit: maybe just the raise, and sales talks continue? https://www.cnbc.com/2023/03/10/silicon-valley-bank-financia...


CNBC is not a reliable source for anything except fear mongering


They aren't the only ones reporting on this.




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