How Silicon Valley Bank and Signature Bank compare to Bank of America, Chase and others
💁🏻 Venture capitalists soaked up ten year bonds and used them as a moneymaking strategy since 2020, but then rates rose and kept rising, and they became worthless, so what do they do? They say the bank can't pay for the assets held in accounts, so there might be a bank run.
@NYDFS had a "crisis of confidence" in Signature Bank's leadership due to a lack of reliable data from the bank over the weekend, the regulator said. It rejected claims that it shuttered Signature due to crypto. @nikhileshde reports
A Bank Crisis Was Predictable. Was the #Fed Lying or Blind?
Trump, Under Criminal Investigation for Jan 6, Declares It Was All Pence’s Fault: “In many ways, you can blame him,” Trump said of the former VP - Vanity Fair - Did Trump just admit there was violence on Jan 6? @TuckerCarlson @elonmusk
Pretty wild what's happening in Michigan. "Right-to-work" laws basically never get repealed. This is different from what went down in Missouri, where a voter referendum blocked a RTW law. Here, Democrats are tearing down a law the GOP passed a decade ago.
Innovation Beat: For Boston’s startup community, the sudden failure of Silicon Valley Bank could hardly have come at a worse time.
Democrats Propose Reversal of Trump-Era Bank Rule After SVB Collapse
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The people have spoken. Trump will be reinstated. Vox Populi, Vox Dei.
We mashed up @BarackObama’s Bin Laden speech with @RealDonaldTrump’s al-Baghdadi speech, and the results are amazing
We’re disappointed in the decision to gut #NetNeutrality protections that ushered in an unprecedented era of innovation, creativity & civic engagement. This is the beginning of a longer legal battle. Netflix stands w/ innovators, large & small, to oppose this misguided FCC order.
JOE BIDEN DEFEATS PRESIDENT DONALD TRUMP The Associated Press declares Joe Biden the winner of a grueling campaign for the American presidency. He will lead a polarized nation through a historic collision of health, economic and social crises. #APracecall
In 2016, when Trump won PA, MI, and WI by a handful of votes, the election system worked just great. Now that he's losing, it's a "fraud" and they're "stealing the election." This is how demagogues destroy faith in democracy and move us toward authoritarianism. Count every vote!
To help Donald Trump get the full COVID-19 experience, let’s make sure he loses his job and is evicted from his home next month.
@realDonaldTrump , you are embarrassing our country and the millions of Americans who fought and died to defeat Nazism.
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