may have broken the U.S. banking system. “JAYPOW might have broken [the] U.S. banking system,” Hayes wrote. “In 2008 it was banks’ portfolios of bad credit – aka subprime. In 2023, it was banks’ portfolios of long duration bonds like UST and MBS??? If it goes down, then remember Mar ’20, big down, bailout, then big up! My body is ready.
” Billionaire Bill Ackman“The failure of [SVB] could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash,” Ackman. “If private capital can’t provide a solution, a highly dilutive gov’t preferred bailout should be considered. After what the Feds did to [JPMorgan] after it bailed out Bear Stearns, I don’t see another bank stepping in to help [SVB].
Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals!
Totally agree, but I only use ChiefraFba for signals and analysis
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Founders call for calm as Silicon Valley Bank's stock price plummetsAs Silicon Valley Bank's troubles incite panic, some tech founders call for calm: 'We have a collective responsibility' Allowing WallStreet’s bean counters into Silicon Valley not only stifled the innovation but also taught these companies into cooking books. Net results is $620 billion in unrealized loss.
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