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?
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
DOJ and SEC are investigating Silicon Valley Bank's failure
#SmallBusinesses Can Get $300 for Opening a Checking and Savings Account with Live Oak Bank. -
reminder that Trump’s personal loan officer at Deutsche Bank was SCOTUS Justice Kennedy’s son
Here’s how this scene was viewed live in Australia. One of America’s closest and most dependable allies. Rendered speechless. Just watch.
I am totally devastated watching what is happening in Australia right now with the horrific bushfires. I am pledging a donation of $500,000 directly to the local fire services that are battling so hard on the frontlines. My heart goes out to our friends and family in Oz ❤️
The catastrophic fires in Australia are the latest example of the very real and very urgent consequences of climate change. It’s on us to stay focused and protect the one planet we’ve got for the next generation:
I say to those who are delaying action on climate change: Look at the blood-red sky and unbreathable air in Australia because of raging forest fires. Our futures are all connected. That is why we must bring the world together and enact a Green New Deal.
There was 1 mass shooting in Australia in 97. Laws were put in place & guns were bought back by the gov. How many mass shootings since? 0