Not Too Big To Fail…
What do you do, when the one place you’d expect your monies to be safe actually isn’t? Well, for customers and clients of Silicon Valley Bank, Signature Bank, and Silvergate Capital, their recent failing has brought that age old question back to the light.
Silicon Valley Bank (SVB) was actually under Federal review for more than a year with notices that certain practices needed to be modified and actions taken to avoid such a risk. Unfortunately, those requests fell on deaf ears or at least those who weren’t quick enough to take action. As a result, one of the worst case scenarios took place and had many in uproar and panic. We’re taking a deep dive into these three recent bank failures and exactly what happened.
On A Side Note, Be on the lookout for our latest products to hit The Lauren Paige Collection Late March:
Welcome to Season Five Episode Five of Authentic Filters! If you enjoyed what you watched and/or listened to and want to keep the conversation going, be sure to like, subscribe, and share with your family and friends on Apple Podcast, Youtube or wherever you listen! We want to thank you for taking the journey with us thus far…Let's Get Into It.
