Site%3apastebin.com+silicon+valley+bank [upd] -

Fast forward to March 8, 2023. The Fed had been raising rates like a sledgehammer. SVB’s bond portfolio—bought when rates were zero—was now worth 20% less than face value. The leak reveals a panicked 2:00 AM internal memo: "We need to sell $21 billion in available-for-sale securities. We will take a $1.8 billion loss. Do not tell the VCs yet."

And somewhere on a hard drive, svb_bloodbait.txt remains the perfect tombstone for the first bank killed by a group chat. site%3apastebin.com+silicon+valley+bank

The most damaging piece of the Pastebin leak is the . On the morning of March 10, he had a 9:00 AM call with his executive team. Fast forward to March 8, 2023