Silicon Valley bank is under the control of the federal government.
— Andrew Lokenauth | TheFinanceNewsletter.com (@FluentInFinance) March 11, 2023
But right before the bank collapsed, the Bank's management team sold most of their stock:
• CEO sold 11% of his stock
• CFO sold 32% of his stock
• CMO sold 28% of her stock
Did they know something? pic.twitter.com/gq0ME9Pnhd