rates still attest. but in silicon valley it made for an epic pay day. it was soon reflected on the balance sheets of its biggest local lenders which was called silicon valley bank. in 2018, svb had about $49 billion on deposit. three years later that same bank had amassed more than $189 billion. that is a gargantuan amount of deposits over a short period of time. dramatic enough to have raised a serious question and an obvious one. what was silicon valley bank gonna do with all that money? even the san francisco bay area, it would be hard to find qualified borrowers for $189 billion. you could not responsibly loan all of that money even if you wanted to. so what would you do with it? that s the question you would have asked if you were paying attention, both from inside svb or the regulatories action. turns out nobody was paying attention. nobody thought to ask for questions. we thought stress test silicon valley bank in the middle of a room. with a narcissism complex who ta
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The Graham Foundation is pleased to announce Cally Spooner as a 2024 Graham Foundation Fellow. With the fellowship, Spooner presents a repertoire of works from Deadtime, a multi-year research project started in 2018.
For our Track-by-Track feature, we go in-depth with an artist about each song on their new album. This week we are featuring of Shearwater's Fellow Travelers, and for the next three days we'll post commentary by frontman Jonathan Meiburg on each of the al
For our Track-by-Track feature, we go in-depth with an artist about each song on their new album. This week we are featuring of Shearwater's Fellow Travelers, and for the next three days we'll post commentary by frontman Jonathan Meiburg on each of the al