Biden: 'No one is above the law' in Silicon Valley Bank crash

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Biden says taxpayers won't bail out Silicon Valley Bank and the people responsible for its collapse will be held accountable: 'No one is above the law'

, it won't be taxpayers who pick up the tab, President Joe Biden said in an address Monday morning.

"If the bank is taken over by FDIC, the people running the bank should not work there anymore," he said. Biden also called for a"full accounting" of the factors that led to SVB's collapse, saying,"in my administration, no one is above the law."

 

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That's what they said about the financial crisis and the CEOs who walked away laughing all the way to the bank, never having been prosecuted.

no one is above the law but him and Obama ...and others politicians...👎📺👁️

Where is he gonna find 650 billion, i guess the printer is back on, magic money is not free of consequences like we can all feel in the past year

Really how are you going to arrest ceos who collected millions at the expense of the bottom line?

Hey, Man. Let's get going with your son, oh, and you too!

He also said he wouldn't drill in Alaska, would sign a student debt relief bill for $50k, send $2,000 stimulus checks, said COVID was over, said he was an A student at the top of his undergraduate class, and and and and. He is a LIARRRRR. 😑👎🏾

🤔 POTUS not even government bond creators? Give to’em POTUS

Bullshit

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How Silicon Valley Turned on Silicon Valley BankThe fallout from Silicon Valley Bank threatens to engulf Silicon Valley—and has put the rest of the banking system on edge Biden’s America. Are we having fun yet? 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.
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Can the Government Contain a Banking Crisis? - The Journal. - WSJ PodcastsWhen Silicon Valley Bank imploded last week, it was the second biggest bank failure in U.S. history. Then, over the weekend, another bank, Signature Bank, was also taken over by the government. WSJ financial editor Charles Forelle explains what kicked off this banking crisis and how the government is scrambling to contain it. Further Reading: - How Silicon Valley Turned on Silicon Valley Bank - Silicon Valley Bank Closed by Regulators, FDIC Takes Control - Were SVB and Signature Bank Just Bailed Out by the U.S. Government? charlesforelle According to your opinion piece it is because 12 white men weren’t running it. charlesforelle The Biden government's struggle? Had Dante lived, government would have been the stuff of the Divine Comedy. charlesforelle MeGain has a false ego. She thinks people want to hear her or see her. No one wants her around. She is fake and everything out of her mouth is a lie
Source: WSJ - 🏆 98. / 63 Read more »