SVB-Fueled turmoil junks lessons of the global financial crisis
5 min read . Updated: 21 Mar 2023, 09:29 PM IST 
PremiumFed, Congress thought smaller banks, deposits and bonds were boring and safe; instead, they are the source of new fragility
The turmoil touched off by the collapse of Silicon Valley Bank has demolished much of what the Federal Reserve, political leaders and investors thought they had learned from the global financial crisis of 2007-09.