yuga.eth
@yuga
Does anybody understand why precisely Signature Bank got shut down? Nobody seems to be asking or answering this question.
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phil
@phil
https://warpcast.com/giu/0x199f8e
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daniel
@pcdkd
It's in most of the news articles about it? https://www.nytimes.com/2023/03/12/business/signature-bank-collapse.html
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Metaversity
@metaversity
Throttling crypto flows. Simple.
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Brian 🌎☮️ 🎩
@bp
Bloomberg says there were heavy outflows and that assets were less diversified than peers which made managing erosion of bond value more difficult. Seems preemptive. Given that there are rumors other small banks are going to fail its probably narrative control and getting out in front of the problem.
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