Apparently Transfer Wise has some exposure in SVB...oh well!
See, there is lots of finger pointing on FR this weekend. This ‘contagion’ is affecting people and small businesses that had no idea they were even remotely connected to SVB in some part of the chain.
from CFP-—
“””Mark Cuban reportedly had between $8-10 Million at Silicon Valley Bank, per the Street.””””
What was the incentive for so many ‘rich and famous’ people to park millions of dollars in SVB??????
Were the ‘rich and famous’ overtaken with empathy regarding the mega-woke culture at SVB????