Almost all banks on that list failed during the aftermath of Black Monday (1987)... | Hacker News

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		paulette449 on March 10, 2023 \| parent \| context \| favorite \| on: Ask HN: How is the SVB situation affecting your st... Almost all banks on that list failed during the aftermath of Black Monday (1987) or during the Great Financial Crisis (2007-2010).

raesene9 on March 10, 2023 [–]

Yep banks that took on excessive risk in times of expansion.... And as SVB has failed today as has Silvergate recently, it seems we are looking at some level of issue.

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