Of Course He Did; Banksters Ed.

Eight years before the second-largest bank failure in American history occurred this week, the bank’s president personally pressed Congress to reduce scrutiny of his financial institution, citing the “low risk profile of our activities and business model”, according to federal records reviewed by the Lever.

Three years later – after the bank spent more than half a million dollars on federal lobbying – lawmakers obliged.

That lobbying including hosting fundraisers and paying bribes making campaign contributions to prominent politicians.

SVB's presdient, sold over three million dollars worth of his stock holdings in his bank just two weeks ago. Which seems mighty convenient.