Part 8/11:
Musk criticizes regulators and government agencies, particularly the FDIC and OCC, for their failure to prevent SVB’s collapse. With over $200 billion in assets and a significant portion of deposits from business clients, SVB should have been under stricter scrutiny. The failure to act appropriately—despite warnings and the bank’s vulnerabilities—reflects deep flaws in oversight. Multiple insiders reportedly sold stock before the crash, raising questions about transparency and possible misconduct.