Silicon Valley Bank

[UnionStrong]

all banks too big to fail now

theres supposed to be risk and reward in private sector. but now theres reward and no risk.

central bank doesnt understand economics. in fact, im sure most schools dont teach economics properly

Especially in Canada

 

[Thebrownblob]

Opinion | Biden’s Bank Bailout Whoppers

The President offers assurances that markets don’t believe.

www.wsj.com

Subscribe to read

www.ft.com

 

[Thebrownblob]

Because every so often, elected officials decide banks shouldn’t have strict regulation.

But I don’t think you are accurately portraying what’s going on.

“The ultimate result of shielding men from the effects of folly, is to fill the world with fools.”

Herbert Spencer

 

[UnionStrong]

Opinion | Biden’s Bank Bailout Whoppers

The President offers assurances that markets don’t believe.

www.wsj.com

Subscribe to read

www.ft.com

They don’t believe him because they know he’s a lying sack of turds.

 

[Thebrownblob]

They don’t believe him because they know he’s a lying sack of turds.

Yep but I really find it Funny that there’s quite a few people on this website who would be screaming if Trump administration was in charge and did this because he was taking care of the rich people. But since it’s Biden they make excuses. Hypocrites.

 

[rickyb]

Especially in Canada

How about Botsuwana where ur born?

 

[UnionStrong]

How about Botsuwana where ur born?

You racist

 

[qdg2]

So, politically speaking, would the House have to approve the bailout and if so, would they? Would approving it be political suicide or seen as a necessary evil?

Conservatives don’t use banks?

Missed the point again....

No man, liberals woke liberals ran this bank and woke females.....double stupid.

 

[Thebrownblob]

Because every so often, elected officials decide banks shouldn’t have strict regulation.

But I don’t think you are accurately portraying what’s going on.

Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It. | Mises Institute

The Fed is launching a new billionaire bailout designed to keep banks afloat, and the FDIC is promising to back potentially trillions in deposits. The taxpayer

mises.org

 

[UnionStrong]

Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It. | Mises Institute

The Fed is launching a new billionaire bailout designed to keep banks afloat, and the FDIC is promising to back potentially trillions in deposits. The taxpayer

mises.org

Bbbbbut it’s democrats! Lol

 

[Thebrownblob]

Bbbbbut it’s democrats! Lol

I love the fact that this is showing them for who they are. Always pretending they’re for the little guy and then running to hide behind big brother and the rich people when it get rough. I can’t wait to hear some more Bidensplaining.

 

[Babagounj]

• Tom King, 63, was the only member of the Silicon Valley Bank board who had experience in investment banking
• The others were major Obama and Clinton mega-donors, including who cried when Trump won in 2016
• The board is now being investigated for its failure to act ahead of the bank's collapse, as some argue it was too focused on being woke
• 
  The board is now being investigated by federal authorities after it failed to prevent the bank from going under while it was investing clients' money in risky low-interest government bonds and securities.

Only ONE member of failed SVB's board had experience in banking

Tom King, 63, was the only member of Silicon Valley's board of directors with experience in the financial industry, while the others include a former Obama employee and a major Hillary Clinton donor.

www.dailymail.co.uk

 

[Wally]

It is ok dems will bail them out like Obama did

SVB bailout shows ‘capitalism is breaking down,’ Ken Griffin says

“The US is supposed to be a capitalist economy, and that’s breaking down before our eyes,” Ken Griffin, the Citadel founder, told Financial Times.

nypost.com

 

[UnionStrong]

• Tom King, 63, was the only member of the Silicon Valley Bank board who had experience in investment banking
• The others were major Obama and Clinton mega-donors, including who cried when Trump won in 2016
• The board is now being investigated for its failure to act ahead of the bank's collapse, as some argue it was too focused on being woke
• 
  The board is now being investigated by federal authorities after it failed to prevent the bank from going under while it was investing clients' money in risky low-interest government bonds and securities.

Only ONE member of failed SVB's board had experience in banking

Tom King, 63, was the only member of Silicon Valley's board of directors with experience in the financial industry, while the others include a former Obama employee and a major Hillary Clinton donor.

www.dailymail.co.uk

One member was on the feds board of bank examiners

 

[oldngray]

One member was on the feds board of bank examiners

Plenty of diversity hires though which was more important.

 

[Jkloc420]

SVB bailout shows ‘capitalism is breaking down,’ Ken Griffin says

“The US is supposed to be a capitalist economy, and that’s breaking down before our eyes,” Ken Griffin, the Citadel founder, told Financial Times.

nypost.com

Yes

 

[Thebrownblob]

Yes

Dog faced pony soldier’s

 

[Wally]

Yes

Why not take huge risk? No consequences.

 

[Thebrownblob]

Why not take huge risk?

Well, as long as you have the right politics, sounds like there is no huge risk that your “friends” won’t cover you for.

 

[Brownslave688]

Why not take huge risk? No consequences.

Better cash in that 401k and leverage some bitcoin