Sunday, April 2, 2023

Sources: SVB execs bought long-term assets that paid more interest based on a misplaced profit-driven strategy, falling out of compliance with its risk model (Washington Post)

Washington Post:
Sources: SVB execs bought long-term assets that paid more interest based on a misplaced profit-driven strategy, falling out of compliance with its risk model  —  Focused on profits, leaders made decisions that foreshadowed the bank's surprise failure  —  Flush with cash from a booming tech industry …



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Granta says it will stop publishing short story contest winners or join publishing partnerships it doesn't control after AI use allegations against a winner (Ella Creamer/The Guardian)

Ella Creamer / The Guardian : Granta says it will stop publishing short story contest winners or join publishing partnerships it doesn...