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Friday, 12/08/2023 6:22:05 PM

Friday, December 08, 2023 6:22:05 PM

Post# of 565
Howell told Congress SBNY was solvent, bonds = 100%
Transcript: https://www.banking.senate.gov/imo/media/doc/Howell%20Testimony%205-16-23.pdf

"I believe the Bank was well-capitalized, solvent, and had sufficient borrowing capacity to withstand these and future withdrawals. I was disheartened that this did not come to pass,"

video https://www.banking.senate.gov/hearings/examining-the-failures-of-silicon-valley-bank-and-signature-bank