As I first read this headline I was hoping for an IT crowd joke about how the 3 day blip in access to deposits is causing a bit of a reboot for startups.
“Silicon valley Bank turned Silicon Valley off and then on again”
SVB wasn't big enough. If Wells Fargo or Chase or some other bulge bracket had a bank run, they would be swimming in bailouts already.
That's sort of a tautology. The agencies bailed out and married systemically important banks, but also put a number of extra restrictions on them after Dodd-Frank. SVB argued that it was not systemically important and didn't need that treatment.
Why should customers go down with the service provider? Who are these idiots reporting at the wsj?