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helloworld92837 t1_jcmlgt3 wrote

>The immediate cause of SVB's failure, as we've said before, was that the company didn't take into account the risks that a high-interest rate environment, coupled with its concentrated tech-heavy clientele, posed to its balance sheet.

>
>It's certainly possible that if more executives were working in closer proximity those missteps would've been avoided. But it's hard to really know.

I hardly call this blaming remote work for bank failure.

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