Article 6A6CP Consider yourself lucky if your small business worked with Silicon Valley Bank | Gene Marks

Consider yourself lucky if your small business worked with Silicon Valley Bank | Gene Marks

by
Gene Marks
from US news | The Guardian on (#6A6CP)

Yes, there were some scary moments, it was poorly regulated and your bank failed to protect your money - but you got it back

If your business banked with Silicon Valley Bank then count yourself as very, very lucky.

Yes, your bank failed to protect your money. Its managers made unwise investment decisions, it was poorly supervised and poorly regulated. But you still got your money back.

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