Die Gedanken sind frei, except I'm not allowed to publish all of them.
Wednesday, March 15, 2023
Moody's missed not only Signature Bank's problems, but Silicon Valley Bank's as well
On Wednesday March 8, Moody’s still had an A3 rating on SVB Financial, owner of the now defunct Silicon Valley Bank, as it was already collapsing for all to see. Four notches into investment grade – a very respectable rating!
