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Los Angeles Times
Los Angeles Times
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Doyle McManus

Doyle McManus: Silicon Valley Bank's collapse may be a blessing in disguise

Silicon Valley Bank SVB Silicon Valley US Federal Reserve Jerome H Powell FDIC Greg Becker Janet L Yellen

In the brief but spectacular collapse of Silicon Valley Bank, we may just have witnessed the best banking crisis ever.

It might even have been useful.

Nobody got seriously hurt, except bank executives who made bad decisions and shareholders who weren't paying attention.

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