How Silicon Valley Turned on Silicon Valley Bank

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The fallout from Silicon Valley Bank threatens to engulf Silicon Valley—and has put the rest of the banking system on edge

while sitting on a shuttle bus in Montana. The co-founder of insurance startup Coverage Cat, Mr. Cho had landed at the Bozeman airport Thursday and boarded the bus for the hourlong drive to a startup founders’ retreat in Big Sky.

 

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RachelEnsignWSJ They feds should call these ‘measures’ by their real name, that is a corporate bailout for cronies using tax dollars, as guaranteeing deposits beyond FDICgov thresholds potentially involves printing money by the federalreserve, which may mean expanding money supply, and higher…

RachelEnsignWSJ Anyone trying to make political points out of bank mishandled finances simply hates America. SVB senior management is the primary culprit in this matter along with the federal government and both political parties.

RachelEnsignWSJ Look at this administration! They are the collapse of everything!

RachelEnsignWSJ End the Fed

RachelEnsignWSJ This has nothing to do with all the money Biden's spent & the inflation it caused, or the Fed raising rates precipitously to fight it. No...like every other disaster on Biden's watch, It's Trump's fault. Be it Train, spy balloon, bank failure, border, or falling off his bike.

RachelEnsignWSJ Don't worry about anything I'm sure Uncle Joe is all over this.

RachelEnsignWSJ Do I go pull my money from my bank?

RachelEnsignWSJ Study of media networks coverage over 9 months 2021-2022 showed all MSM combined : ONLY16Minutes in total devoted to any criticism of BidenPolicies affecting Inflation . Censorship error of omission critical. CNN NBC MSNBC ABC CBC pay attention

RachelEnsignWSJ Time will tell us how “abrupt” this was. I doubt it was abrupt yet I may be wrong.

RachelEnsignWSJ Everything Trump touches dies

RachelEnsignWSJ Political gold for Trump 2024

RachelEnsignWSJ This is what happens when Joe Biden decides to spend trillions

RachelEnsignWSJ 🤣🤣🤣

RachelEnsignWSJ Déjà vu all over again…

Americanbankscollapse 3 American banks collapsed and 3 others will collapse: 1-Silvergate collapsed last Wednesday 2-SVB collapsed last Friday 3-Signature bank collapsed Sunday. Will collapse: 1-First Republic Bank 2-Pacific Westerns 3-Western Alliance

Oh ffs stop it - it’s obvious what’s going yo happen. 2008 all over again but this time there’s not enough tax payers money to plunder so it will have to be massive “quantitative easing”. Bloody obvious.

have a good DEI.

I know what you don't know!

Meanwhile, Biden Administration today..

Hindenburg team were sleeping over the report for the last two years.

It’s hard to believe when SVB hired the most competent risk management personnel in the banking world.

Maybe VCs cover their own portfolio companies' capital needs? They're essentially using VC $ for payroll while shifting risk to taxpayers via FDIC, no? Doesn't sound, uhm equitable.

A highly leveraged, low cashflow industry with substantially increasing cost of capital, short period of time, along with industry concentrated banks not limiting exposure to said risky industry…… what could possibly go wrong.

We all make bad investments. Time to take your medicine like a man and live within your whatever means is left and rebuild. When did Mulligans become the normal with you people?

Bank runs are going to happen. Most banks are all interconnected. Then, my local news runs this story.

bank crooks with silicon valley tech libs. boo hoo

The money in SVB most are richest's and oversea dirty money from CCP families. Let it fail.

Biden’s America. Are we having fun yet?

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Regulators shut down Silicon Valley Bank in the biggest bank collapse in yearsThe move came after growing concerns over a run at the lender — the 16th largest U.S. bank and a tech-startup favorite — that also led investors to dump shares of other bank stocks. Banks and fraudsters GOING DOWN!!! AMC $AMC 🦍🥊🎨💎🍿💎💣💥🔥🔥🔥🔥🚀🚀🚀🚀 Meanwhile, across town, a mother worries about next month's rent. If 'California regulators' are doing it then it's corrupt.
Source: NBCNews - 🏆 10. / 86 Read more »