[colabot7] The motivations on each side of claim sales are different, but complementary. The seller either needs immediate cash to meet bills, wants to write down their losses for tax purposes, or believes they can earn a greater return by investing the money elsewhere. The buyer, meanwhile, is wagering that the value eventually returned to …
Crypto Bankruptcy Markets Are Thriving After FTX’s Collapse Read More »
[colabot7] In just a few years, news specials and academic papers will mark 100 years since the start of the Great Depression. Archival photographs will be dusted off to display the restive crowds gathering outside bank doors in desperate attempts to collect their life savings. A kind of dress rehearsal for the coming commemorations took …
How the Psychology of Silicon Valley Contributed to a Bank Collapse Read More »
[colabot7] At first glance, the Silicon Valley Bank debacle seems to be a cut-and-dried financial caper. The executives running the 16th-largest bank in the US made the wrong choices in handling what seemed a fortuitous situation—a roster of clients, flush with venture capital funding, handing over billions of dollars of cash for storage in the …
The Ugly Lessons of Silicon Valley Bank’s Collapse Read More »
[colabot7] The collapse of Silicon Valley Bank (SVB) late on 10 March sent science and technology start-up companies into chaos, and has left many questioning where investment will come from in future. Regulators closed the bank after several days of turmoil following an announcement that it needed to raise US$2 billion to cover debts due …
What the Silicon Valley Bank Collapse Means for Science Start-ups Read More »
