Short seller Jim Chanos scoffs at former SVB boss's suggestion that the Fed's sharp policy shift toppled the bank
Jim Chanos scoffed at the former Silicon Valley Bank chief's suggestion that a sharp policy change by the Federal Reserve was largely responsible for the lender's shocking collapse in March.
But Chanos pushed back against Becker in a wry Twitter comment, suggesting SVB brought about its own end after it failed to follow the cardinal banking rule of avoiding asset-liability mismatch.
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