Silicon Valley Bank, the bank of choice for the venture capital and private equity crowd, is now the second-largest bank failure in U.S. history. Some $175 billion in deposits evaporated on Friday in what felt like the blink of an eye. It was an old-fashioned bank run for the modern age—an ugly combination of rising interest rates, some bad investment bets, and an inability to meet a sudden surge in withdrawals. “[M]eaning that as the tech sector freaked out about the solvency of its favorite bank, it didn’t have the cash on hand to pay them,” writes my colleague Tristan...
Monitoring Antisemitism Intel
