Based on the actions of the CEO (selling stock right before going belly up), management (paying employees bonuses) and their legal staff (approving what are preferences under bankruptcy law), SVB seems pretty shady or at the very least incompetent.
Based on the actions of the CEO (selling stock right before going belly up), management (paying employees bonuses) and their legal staff (approving what are preferences under bankruptcy law), SVB seems pretty shady or at the very least incompetent.