The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 2 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Dimon: SVB and First Republic took excessive interest-rate risk known to regulators
“Both those had, they took too much interest rate exposure, known to management, and it was known to the regulators, and, you know, ah, and fixable.”
Dimon: Venture capitalists caused SVB and First Republic runs by telling startups to withdraw
“What happened with Silicon Valley Bank and kind of First Republic is some of these large venture capital companies, call them there hundreds of them, maybe a thousand, told their constituent clients that they invested in, who all banked in Silicon Valley and F…”