Goldman Sachs bought the SVB bonds whose $1.8 billion loss set off the startup lender's meltdown

• Goldman Sachs bought Silicon Valley Bank's bond portfolio whose $1.8 billion loss set off its shocking meltdown. 
• The assets were worth $23.97 billion but sold at a negotiated price of $21.45 billion, SVB said, per Reuters. 
• SVB made a bad bet by staying invested in the long-dated bonds it bought before the Federal Reserve began raising interest rates. 

Silicon Valley Bank revealed Tuesday that Goldman Sachs bought the bond portfolio on which the startup lender booked a multi-billion-dollar loss, setting off the biggest bank failure since 2008.