/biz/ - Business & Finance

>bill ACKman
>The failure of
@SVB_Financial
could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash. If private capital can’t provide a solution, a highly dilutive gov’t preferred bailout should be considered.
GIVE IT UP FOR THE THIRD RECESSION IN 20 YEARS WOOOOOOOOOOOO