Thread regarding SVB Financial Group layoffs

Here’s how the second-biggest bank collapse in U.S. history happened in just 48 hours

https://www.cnbc.com/2023/03/10/silicon-valley-bank-collapse-how-it-happened.html

Only had $176 billion so only a 1/3 the size of Lehman.......

But not "TOO Big To Fail"! No bailouts for us!!

A long way from 2nd largest - not even top 10