The president of Silicon Valley Bank appeared before Congress in 2015 to argue that his bank should not be subject to scrutiny - insisting that 'enhanced prudential standards' should be lifted 'given the low risk profile of our activities'.
REVEALED: CEO of collapsed Silicon Valley Bank successfully lobbied Congress against imposing extra regulations on his firm in wake of 2008 financial crisis
| Source: | London Daily Mail |
| Published: | Mar 13, 2023 |
| Author: | Harriet Alexander |
| Post Date: | 2023-03-13 01:41:50 by Charles_Byrd |
| Views: | 178 |