On: Joint statement by the Department of the Treasury, Federal Reserve, and FDIC

[moose_is_loose]

Don't forget the benefits they got from white glove treatment and easy access to loans. This wasn't a one way street, there was a reason they deposited the money there.

[scatters → moose_is_loose]

What loans? SVB's problem was that its customers didn't need loans, since they had VC money and just needed somewhere to put it.