It’s been three days since a cargo ship took down the Francis Scott Key Bridge.

And it's already shaping up to be the largest single marine insurance loss ever ($2 billion - $4 billion)

Here’s a quick thread breaking down who is going to be liable for what. 1/ To start untangling this web, we have to start with who owned the ship.

The Dali is managed by Synergy Marine Group, a Singapore-based company with over 660 ships.

But Danish shipping giant Maersk chartered the Dali.

For every 10 likes this gets, we'll make Kim shorter and Kendall taller so it begins

Credit Suisse was once the most trusted bank in the world with 166 years of solid track record

Now its stock is down -97% and it's biggest shareholder has refused to provide any capital assistance

It might be failing in front of our eyes 1/ Credit Suisse is considered a globally systematically important bank

Should it fail, it could create a Lehman-style domino effect given its how interconnected it is with other investment banks

The 2nd and 3rd largest bank failures in US history just happened

But over the weekend, the US government stepped in to bail out both

Here's what that actually means 1/ The two banks that failed were

• Silicon Valley Bank: big with startups

• Signature Bank: big with crypto companies

Combined they managed over $310 billion in assets

Silicon Valley Bank is imploding before our eyes

here is how SVB threw 50 years of goodwill and $80 billion down the drain in just 30 hours 1/ To understand this situation is to understand SVB's place within the startup ecosystem

SVB situated itself as the bank for founders

Just signed a fat Series A? Put the money in SVB