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Off-topic but it really BAFFLES me why people don't pay more attention to FHLBs. It's like we don't learned anything from the last 10 crises...

Everybody got bailed and and essentially nobody went to jail. Of course no lessons were learned.

SVB though sounds like nobody should go to jail it was just really bad investment decisions.

The CEO of SVB sold $3.6 million of stock a couple of weeks ago.

I’m sure the SEC will have some questions about that.

Based purely on the amount and timing, it looks pretty typical for him compared to the last 20 years: