https://www.wsj.com/articles/first-republic-bank-executives-sold-12-million-in-stock-in-months-before-crash-ca6ce79e. Top executives of #First Republic Bank sold millions of dollars of company stock in the two months before the bank’s shares plummeted during the panic
Insider sales at bank are exempt from normal disclosure rules
The bank’s chief credit officer sold on March 6, according to government documents. Two days later, SVB shocked the market & sent other banks into freefall. First Republic was among the worst hit
#BankingCrash #CorporateGreed
#First #bankingcrash #corporategreed
PODCAST: Slate Money talks Silicon Valley Bank, #CreditSuisse, and federal policy.
"Credit Suisse is just this bottomless pit of scandals and bribery and money laundering and tax evasion and Greensill and Arcagos and you name it." #CreditSuisse #bankingcollapse #bankingcrash https://slate.com/podcasts/slate-money/2023/03/slate-money-talks-silicon-valley-bank-credit-suisse-and-federal-policy
#creditsuisse #bankingcollapse #bankingcrash
Only another 10% drop in real terms income is required to meet post #Brexit projections.
90% of #UK population will be 25% poorer IN REAL TERMS within 10 years of Brexit. (2016)
The #CONservative plan, post #bankingcrash and the #EU strategy to address wealth hiding tax dodging off shore is progressing at our expense!
#brexit #uk #Conservative #bankingcrash #EU