Tech News: Twitter played a role in the collapse of Silicon Valley Bank, research finds
Posted: Thu May 04, 2023 1:07 am
Prior to Silicon Valley Bank's March 10, 2023, collapse, conversations on Twitter among investors about the bank spiked—helping fuel the SVB bank run. As we explain in our new working paper, "Social media as a bank run catalyst," those tweets also destabilized other financial institutions with weak balance sheets.
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