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. -
Why Silicon Valley’s WOKE fear MUSK: Musk is an entrepreneur. He does not need a job or money. He beat BIG BANKS with PAYPAL. He beat DETROIT with TESLA. He beat NASA with SPACEX. And he will beat COMMUNIST censorship with TWITTER. Thank you and GOD bless ELON MUSK.
reminder that Trump’s personal loan officer at Deutsche Bank was SCOTUS Justice Kennedy’s son
Why is the World Bank loaning money to China? Can this be possible? China has plenty of money, and if they don’t, they create it. STOP!
In the past 24 hours, these companies have ended their relationship with the : Best Western Wyndham Hotels Alamo Rent A Car National Rent A Car Enterprise Rent A Car First National Bank of Omaha #BoycottNRA