Silicon Valley Bank collapse..

[siablo14]

Red - You have a timeline on that?

Other the other hand, I see blame being placed on ***** and the bank lobbyists for relaxing regulation:

Anyone who doubted how detrimental ***** administration policies would be should analyze the damage unfolding for those trampled by Silicon Valley Bank’s collapse. On May 24, 2018, ***** signed into law the Economic Growth, Regulatory Relief and Consumer Protection Act (the “Reform Act”). This was a regulatory relief bill for regional and community bill, which bank lobbyists and numerous politicians had fought hard for.

Oregonian, When will they learn not to trust those swampy banks/financial folks?


Silicon Valley Bank workers reportedly received their annual bonuses collapsed — and ahead of an expected Monday morning run by customers desperate

It’s unclear how much cash was distributed, but the bonuses likely ranged from $14,000 each for associates to $140,000 apiece for managing directors, based on figures posted on the Glassdoor website.




Still collecting bonuses even when the sh-t is failing.

[siablo14]

lol of course its not *****s fault, it never is

Is it *****'s fault or is it also never *****'s fault?

[siablo14]

***** is the president right? If this happened on *****s watch you would be quick to blame him right? Why? Because he's the president and dems had power to do whatever they wanted.

Why didn't they fix this? They seemed to want to roll back everything else including the child tax credits that ***** passed. But no one wants to talk about that.

Do you also blame the president who made the regulation lax too?

[man down]

Do you also blame the president who made the regulation lax too?

Here's your admin. Take it up with them. What a joke.

[man down]

This ****! Well, they have changed how they calculate inflation to fit their agenda. They then changed what a recession is. So what the hell eh?

The Federal Reserve is considering easing terms of banks’ access to its discount window.

[Madison Boxing]

Is it *****'s fault or is it also never *****'s fault?

i dont know the details of this but all i know is whenever something goes wrong under a left wing administration it is never ever ever their fault

[man down]

i dont know the details of this but all i know is whenever something goes wrong under a left wing administration it is never ever ever their fault

First of all it was a bipartisan bill. But either way, the admin thats in charge NOW is *****. He's managed to roll back everything including *****s insulin plan and then made a new bill and took credit for it himself lol.



The admin wanted easy money to get the economy going and some how thought there would be no risk. They were wrong again.

[jaded]

The banks are going to take a bath tomorrow.

[man down]

"And another one"

BREAKING: US says Signature bank closed today by state authority.

[man down]

The banks are going to take a bath tomorrow.

BREAKING: US says Signature bank closed today by state authority.