Why didn’t Silicon Valley Bank knock on the Fed’s discount window?

Why didn’t Silicon Valley Bank knock on the Fed’s discount window?

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In times of financial turbulence, banks head to the Federal Reserve’s (virtual) discount window for short-term emergency loans. The week after SVB failed, U.S. banks borrowed over $150 billion from the central bank. One listener called in to ask: Why didn’t SVB do the same? We’ll get into SVB’s…

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