SVB does not deserve a bailout.
— Alf (@MacroAlf) March 11, 2023
A deep look at their financial statement reveals how horrific they were at risk management.
And in my opinion incompetence explains only part of it.
Moral hazard must have been at play.
A thread.
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Orange Site:
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How bad is this for codecels? Need to know if I should be spiffing up the resume.
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Worst time to be spiffing up the resume because you're going to see a flood of unemployed techies
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I'm more concerned about the potential of becoming a part of that flood than the conditions inside it for the moment
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Unless you're at a startup you should be fine
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it's a
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