The second largest financial institution failure in American historical past is occurring proper now within the coronary heart of California’s tech mecca. Betty Yu experiences. (3-10-23)
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The second largest financial institution failure in American historical past is occurring proper now within the coronary heart of California’s tech mecca. Betty Yu experiences. (3-10-23)
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Bernie Bros told u so! Don't need, don't want "maternity startups". Just need Medicare For All.
Bottom Line,… Investment Banks are the backbone for the innovation and start up business, are the backbone of the America. Powell and FED are directly responsible for the failure of SVB bank which is doing nothing but lending start up businesses.
It's amazing 2 ponder how humans, as the most advanced animal, managed 2 have babies w/o maternity app startups.
So Greenberg had insider information to get out b4 the suckers. Truly privileged information.
So here is my simple take on this. During the Trump years business was booming with lots of start-ups and the bank grew fat. Then Biden systematically broke the economy and the bank didn't see that coming. They won't be the last.
Value at market. That's the key. Accounting rules can keep a pet rock collection valued at billions on purchase price. But pet rocks are worthless. I fear that we will turn to hard currency soon hard as in food, shelter.
Mrs lennox the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy
wait, actual people in line, in person to withdraw money? they couldn’t do it through an app, or pay someone else to stand in line?
on a more serious note, everyone will get their money, even those deposits above $250k. Only people losing are the bank’s shareholders—they are going to zero.
Hope the Fed. chair has learned by now that there is too much leverage and leverage based activity in the economy to raise rates by 600 basis points in a year. Powell will need to walk back from the rate hikes. if this spreads, he’s likely going to be forced to resign.
SVB's Financial Risk manager is a bent, female, Indian immigrant with ZERO relevant job experience.
Bankers: God's filthy crooked demons on Earth.
Good. Let's keep them dropping. Sooner this BS system drops the sooner we can get back to common sense and create a better, less complex system.
The corporate types are scrambling over the details of how this is happening, meanwhile A LOT of country folks saw this coming three years ago without all of your details. More banks will fall.
Danggggggggg
Maybe this is what we needed. Deflate the economy.
Yeah! no surprised . Biden and Obama’s economy is no good! We are in recession .
Banking Should Be Simple. Why are all these people complicate the process ? Now I know all the Banking Employers and Employees are Crooks. They Go Bankrupted and Disrupt the Banking System. The Banking CEOs' make millions dollar a year and they can not run a Bank. The US Government has to bail out the Banks again. The First Time is 2008 Banking Crisis. Give Me Break. This is unreal. Coruption and Under The Table Wheeling and Dealing are ruining the Middle Class Americans. The Riches get Richer and The Poors get Poorer. Capitalism does not work Anymore. American people when do you we start to wake up and see the real and broken Banking System. I Rest My Case. Thank You.
??????. Where was the money transferred to? Offshore? Is this part two of the "Plandemic"?
I will forever be indebted to you, you've changed my whole life i'll will continue to preach about your name for the whole world to hear you've saved me from a huge financial debt with just little investment thanks so much Mrs Mabel Downey
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
This is the best news yet and none too soon for the Biden administration., His policy to have everyone living in tents is finally showing progress. I mean who needs economic success when you can really reduce your carbon footprint with no automobile and really no need for transportation, especially during the midst of an impending worldwide economic collapse and the end of jobs more generally. Biden is going to herald as the soup president and heavy on the water if you please. I congratulate those who decided not to vote for Trump. Who needs houses or cars or all those freaking bills anyway. Yes, your vote has made America into a third-world country. Saying goodbye to first-world problems has finally been realized thanks to all those brilliant Biden voters. Your vision of a free America means mass homelessness. Again, I must congratulate all those Biden voters wanting to simplify life by living off the land. A real getting back to nature agenda is what all the Biden voters wanted, and boy did they ever get it. Well done and three cheers to you. I suggest turning to heavy drinking and med use it will ease the pain of living outside full time. Your tent and your voting again for Biden is all you really need in the future. The economic engine that defined America for generations has finally ended. Thank God. Now we can all gather around the campfire or pass out on the sidewalk or in a public park and simply wait for better times to show up. Let's face it we really need to Get Gavin Knew Some on this. His ability to destroy one of the best economies in the world (california) is quite impressive if you ask me. Just think what he could do in Was. DC. If I had to bet I would bet Knew SOme could derail the world economy much sooner than Biden. It is quite the spectacle watching the collapse of banking in California. I mean wow. So much for the tech industry helping the economy. Absolutely, a great time to choose a tent don't wait for the last minute or alternatively, you could just move to California they have the fastest growing homeless population in the country, and for good reason. Just look at the leadership skills of Knew Some. Wow, California is so progressive. While saving the earth from humans they have done a lot to make sure the car tells get their meds to their customers by ignoring everything under the sun except for carbon emissions. Yes, talk to someone from Cali and they will talk your ear off about the green new deal, carbon emissions, and the state of the world and doing it all from the comfort provided to them in their sidewalk tent. Shout out to the Biden voters as the kids say you crushed it. And we all celebrate your success in making America great for living outdoors as that will be the only option going forward. Oh yeah, your phone bill will likely be paid by turning to the earliest of professions. Never mind that's already happened according to Instagram etc. Well done.
Joe Biden's socialist glass house is starting to break up.
This is just like Alec Badwin in Fun with Dick and Jane. The CEO takes off in his chopper after the place collapses.
Don't vote Blue San Francisco
In conclusion, the government's decision to cover the uninsured portion of a missing fund in the absence of a buyer is a crucial step towards stabilizing the economy. By taking responsibility and acting quickly, the government can prevent a catastrophic collapse of the financial sector and safeguard the interests of companies and their employees.
I’m 50 years old living in California.I’m hoping to retire at 55 if things keep going well for me. Bought my third house last month and I can’t be more proud than I’m today. I’m glad I made a great decision about my finances that changed me forever