Bill Ackman: Feds have 48 hrs to fix 'soon-to-be-irreversible mistake'

Billionaire investor Bill Ackman is calling on the federal government to intervene in the collapse of Silicon Valley Bank after the once-trusted bank of tech and startup founders was shutdown by regulators on Friday. in a lengthy post Saturday morning.this week, prompting the Federal Deposit Insurance Corporation to take over. Ackman warned that if the government or another large bank like J.P.

He continued, chastising the government for its failure to monitor the bank prior to its collapse:"The @FDICgov and OCC also screwed up. It is their job to monitor our banking system for risk and SVB should have been high on their watch list with more than $200B of assets and $170B of deposits from business borrowers in effectively the same industry."it was used by about half of all venture capital-backed startups in the US.

I think the bank 'screwed up' when they designed their operating strategy expecting another decade of 2% interest and inflation rates...

This guy is shady af

“Hell is coming”

The same asholes against student loan forgiveness are AGAIN clamoring for the feds to bail out a bank

I’ll be fine, thanks.

Let’s fix that lede: “I’m going to lose my ass unless the feds bail out tech bro bank.”

Doom and gloom?

So how much of his liquid funds are tied up there? 😃😃😃

Everybody’s gonna blame the regulators, even though The Angry Inch rolled back regs . . . and what was Peter Thiel’s role, again?

manipulation

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