“SVB Bank Run Could Have Been a ‘Coordinated’ Effort by Short Sellers, Says Republican Congressman”

Warning: This article has a paywall, and it’s from MW. If you use etrade I think you have free access to it.

The gist is that a Republican representative from Ohio, Warren Davidson, has requested that bank regulators investigate whether the run on deposits at SVB were orchestrated by short sellers seeking to profit from the bank’s failure.

It will be interesting to see if they find any truth to this, and what the ramifications will be.

Here’s the link, but there’s a paywall, so I hesitated to share it but think it’s interesting, so I did:

https://www.marketwatch.com/amp/story/svb-bank-run-could-have-been-a-coordinated-effort-by-short-sellers-says-republican-congressman-2eba87f1