What's an 'illiquid' investment — and what do I need to know about the associated risks?
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Silicon Valley Bank's failure led to several of the largest bank failures in American history, prompting government intervention to prevent widespread contagion. A mark-to-market analysis of American banks’ balance sheets reveals that many are illiquid but not yet insolvent. The government could require banks to raise capital through equity in order to prevent another widespread bank bailout. | Hoover Institution
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