Tuesday March 14 2023
Barney Frank co authored the Dodd Frank bill that was supposed to fix the sub prime bank problem.
He joined the Board of Signature bank in 21015 making $12.4 M since.
†he Bank failed Friday due to crypto experiments.
KPMG audited both banks and gave a clean opinion within the last two weeks.
SVB apparently had a fashoinable diverse board with lots more diversity than banking experience, very into social causes.
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