Cathie Wood blames the Fed for driving SVB and Signature Bank to collapse

• Cathie Wood said the central bank's tightening campaign was fuel for the banking crisis. 
• In a series of tweets, she described the Fed as the "primary culprit" for SVB's failure.
• "I am baffled that banks and regulators could not convince the Fed that disaster loomed."

Cathie Wood pointed to the Federal Reserve's monetary tightening campaign as fuel for the collapses of Silicon Valley Bank and Signature Bank. 

The famed money manager cited the US central bank's aggressive approach to raising interest rates in a short period of time. As rates rose, venture funding dried up which led to a massive withdrawal in customer deposits, she said.