$42 billion

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Mar 11, 2023 by David Friedberg · across every show →

Everything said about $42 billion, oldest first

Mar 11, 2023 neutral

Assertion Supported

Friedberg: SVB faced $42B in withdrawals against $40B in liquid assets

“Forty-two billion dollars of withdrawals is 25% of total deposits, but forty-two billion is greater than the fourteen billion of cash they had on hand, and the twenty-six billion of liquid securities that they had.”

David Friedberg Mar 11, 2023 ▶ 1:07:02 E119: Silicon Valley Bank implodes: startup extinction event, contagion risk, culpability, and more

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$42 billion

Everything said about $42 billion, oldest first

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