Silicon Valley Bank
- Thread starter Babagounj
- Start date
Thebrownblob
Well-Known Member
Crypto firm Circle reveals $3.3 billion exposure to Silicon Valley Bank
Traders have been watching this week for signs of contagion in the financial sector from developments surrounding startup-focused Silicon Valley Bank and Silvergate.www.cnbc.com
Thebrownblob
Well-Known Member
Very well could be, at the very least is exposing the cracks in what people thought was safe.
I never thought the banking system or railways were safe
Robert Kiyosaki warns 3rd U.S. bank to crash, Peter Schiff says 'bigger collapse' ahead
Robert Kiyosaki has warned that a third lender will likely collapse after Silicon Valley Bank and Silvergate Bank crash.
finbold.com
Babagounj
Strength through joy
Home Depot founder Bernie Marcus tells Americans 'wake up' after SVB
Home Depot co-founder Bernie Marcus is urging Americans to pay attention and understand that the country is in 'tough times' following SV Bank collapse.
- Home Depot co-founder Bernie Marcus is urging Americans to pay attention and understand that the country is in 'tough times' following SV Bank collapse
- Marcus said that he doesn't believe President Biden's speeches about the economy improving
- He criticized the bank's management for being more concerned with 'woke issues' than protecting shareholders and employees
Babagounj
Strength through joy
News Headlines | Today's UK & World News | Daily Mail Online
All the latest breaking UK and world news with in-depth comment and analysis, pictures and videos from MailOnline and the Daily Mail.
- The collapsed Silicon Valley Bank had no risk assessment head for nine months
- The bank's previous head left in April 2022, her replacement wasn't named until January
- While the bank's European risk officer is accused of being more focused on diversity efforts
Over70irregs
Well-Known Member
How much more inflation is heading our way. Must be a lot.
Over70irregs
Well-Known Member
BREAKING: The FDIC is already on site at First Republic Bank trying to determine the best path forward to protect depositors. Things are moving way faster than expected given the accelerating bank run that has already reached a tipping point.
Babagounj
Strength through joy
Good, good
Sacrificial Lamb
Package Shepherd
Fractional reserve banking! Sellingthat they never had and when people come to collect…..it’s all gone. This will never stop with laws allowing banks to be so over leveraged. THE RICH MAKE THEIR OWN LAWS BC NORMAL PEOPLE HAVE THEIR FEELINGS INVESTED IN DUMB SOCIAL DISTRACTIONS WHILE THEY STEAL OUR MONEY. Welcome to America.
Treasury Secretary Janet Yellen says U.S. government won't bail out Silicon Valley Bank
Treasury Secretary Janet Yellen says U.S. government will not bail out Silicon Valley Bank
UnionStrong
Sorry, but I don’t care anymore.
They’re already blaming TrumpTreasury Secretary Janet Yellen says U.S. government won't bail out Silicon Valley Bank
Treasury Secretary Janet Yellen says U.S. government will not bail out Silicon Valley Bank
Of course...
Thebrownblob
Well-Known Member
She is correct in 2008 title 2 Frank / Dodd legislation, says no more bailouts only bailins all the depositors are going to receive vouchers, and it will be put into receivership. Everyone’s money will become one giant pool to pay back secured creditor’s. That was the. “Reform”Treasury Secretary Janet Yellen says U.S. government won't bail out Silicon Valley Bank
Treasury Secretary Janet Yellen says U.S. government will not bail out Silicon Valley Bank
Dodd-Frank: Title II - Orderly Liquidation Authority
newolddude
Well-Known Member
Thebrownblob
Well-Known Member
Pretending Frank Dodd legislation is good legislation, and we have avoided this really is very narrow sighted. Typical of someone who asks the same people who broke everything to write rules to fix everything. Your beloved federal government. And the Fed. I’m sure you’ll be begging for them to “help” us some more.
Short Seller Who Predicted FTX, Silvergate Capital Collapses And Shorted SVB Financial Has New Banking Target: 'A Worldwide Money Laundering Story' - Signature Bank (NASDAQ:SBNY)
The short seller who famously predicted the collapse of FTX and Silvergate Capital Corporation (NYSE: SI) has more stocks to call out and warn investors about.
www.benzinga.com
newolddude
Well-Known Member
See what happens when you let banks do whatever they want?
Thebrownblob
Well-Known Member
Perhaps, But your asking which came first the chicken or the egg? The government and the Fed destroyed the economy with 0% interest and Endless money printing first. Pretty important fact your missing there.
