Fmr. Obama Treasury Official Rattner: SVB's Risky Behavior Was 'in Plain Sight' and Regulators Failed

On Monday's broadcast of MSNBC's "Morning Joe," Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, stated that most of the risky behavior by Silicon Valley Bank (SVB) "was hiding in plain sight" and should have been detected by regulators by looking at the bank's financial statements.