SVB Used Former McCarthy Staffers to Weaken Regulations, Lobby FDIC
This seems pretty knee-jerk, especially given,
 that the current glances that the business was probably too conservatively managed. The problem here was not holding safe assets - but the value of the government bonds depreciating dramatically because of the rising interest rates and a flush supply of higher interest rates due to massive government deficit spending. It’s also a reflection of the extremely aggressive mark to market rules that have been put in place.<p>You can make a very solid argument at the risk here is actually risk that was forced into these companies by the government.