• 02/01/2025

Prologue Journal

Understanding current events through the lenses of the past and future.

USA

How the FDIC Rigged the SVB Auction

Wall Street Journal

The agency snubbed nonbank bidders, which cost taxpayers more.

https://www.wsj.com/articles/fdic-nonbanks-silicon-valley-bank-sale-martin-gruenberg-609af47