It’s recently retired Ray Dalio, who is weighing in via his popular LinkedIn page to offer his thoughts on the collapse of Silicon Valley Bank, or SVB, and the regulatory response.
SVB, whose client base was heavily concentrated among venture-capital startups, was shut down by California’s bank regulator on Friday, while New York’s Signature Bank was shut down on Sunday – they followed Silvergate Capital’s earlier shutdown. Followed to be Federal regulators announced late Sunday that SVB depositors, who have deposits in excess of …