Tony D'Amato
It's all about the inches
It sounds bad for her, but if this bank only had 100bili in accounts, isn't that a long way from being 1 of the banks in 08 that collapsed?
FDIC shuts down Silicon Valley Bank, crash incoming? Update: 2nd bank, Signature Bank in NY closed
- Thread starter Paper Boi
- Start date
It sounds bad for her, but if this bank only had 100bili in accounts, isn't that a long way from being 1 of the banks in 08 that collapsed?
The Fukin Prophecy
RIP Champ
NO BAIILOUTS
The Amerikkkan people should be demanding all C level of SVB be investigated and charged with Federal crimes...
Multiple C level were involved with other banks in 2008 and lobbied Trump to ease regulations...
These are criminals and should be sent straight to federal prison...
If you have more than 250k in a bank, withdraw that first thing Monday morning...
The Amerikkkan people should be demanding all C level of SVB be investigated and charged with Federal crimes...
Multiple C level were involved with other banks in 2008 and lobbied Trump to ease regulations...
These are criminals and should be sent straight to federal prison...
If you have more than 250k in a bank, withdraw that first thing Monday morning...
Wargames
One Of The Last Real Ones To Do It
They need to raise the protection to about $1million as a long term solution, and force banks to guarantee that entire amount. The issue is banks have to much money and start speculating on Ponzi schemes. Regulations keep getting gutted whenever the Republicans have a second of control.
FukkaPaidEmail
Retired Hoodrat whisperer
He knows damn well the FDIC won’t do that .
He’s gonna try to cause unnecessary panic ,short stocks and then change positions before everyone realizes it’s been overblown.
Make money both ways
Kyle C. Barker
Migos VERZUZ Mahalia Jackson
Do you think the 2018 repeal of the Dodd frank act had anything to do with this svb situation?
IIVI
Superstar
It's funny, two people who I really think know a lot about the market and are non-shillers have the opposite impressions.
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My theory is that he a agent for the finance industry
pied piper shyt of sorts, curate lemmings looking to get their retirement savings gutted
ORDER_66
I am The Wrench in all your plans....
But but but they told me only criminal organizations use crypto for nefarious reasons. And cryptocurrency is not to be trusted.
FDIC Auction for SVB Said to Be Underway, Final Bids Due Sunday
(Bloomberg) -- The Federal Deposit Insurance Corp. kicked off an auction process late Saturday night for Silicon Valley Bank, with final bids due by Sunday afternoon, according to people familiar with the matter.The FDIC is aiming for a swift deal but a winner may not be known until late Sunday, according to one person, who asked to not be identified because the matter isn’t public. No final decision has been made and it’s possible that no deal may be reached, said the people.
Representatives for the FDIC didn’t immediately respond to requests for comment outside regular business hours.
Silicon Valley Bank collapsed into FDIC receivership on Friday, after its long-established customer base of tech startups grew concerned and yanked deposits.
I agree. He consistently tells people to buy right before crisis.
Elim Garak
Veteran
What do you think is about to go down or is it a nothing burger?
CEO of Y Combinator Garry Tan:
“This is an *extinction level event* for startups and will set startups and innovation back by 10 years or more.“
