A depositors’ bank-run on Silicon Valley (commercial) Bank, in Santa Clara, california forces the institution into insolvency
NOTE: This was the second largest commercial bank failure in United states’ history, up until this time.
[added 8/1/2026] Thanks to Yahoo! News for this entry.
Subsequent Events:
References:
Silicon Valley Bank – Wikipedia
en.wikipedia.org/wiki/Silicon_Valley_Bank
Current U.s. National Debt:
