Raymond Scott Pert · @raymondpert
266 followers · 538 posts · Server social.targaryen.houseFed faults Silicon Valley Bank execs, itself in bank failure | AP News https://apnews.com/article/silicon-valley-fed-supervision-review-30f56061bf5d103cef7e9445d50fd759 #svbcollapse #svbbank #BankingCrisis #Banking
#svbcollapse #svbbank #bankingcrisis #banking
Ben Lorica 罗瑞卡 · @bigdata
515 followers · 428 posts · Server indieweb.socialFirst responders in the financial system 🚨 @WSJ describes what happened when Tim Mayopoulos and Greg Carmichael were called in to run Silicon Valley Bank and Signature Bank while the FDIC tried to stabilize a banking crisis
#SVBCollapse #SVBBank
https://www.wsj.com/podcasts/the-journal/two-executives-on-what-it-like-to-stop-a-bank-run/4698969F-2803-4752-ADD2-E4DF726024FE
Sir Rochard 'Dock' Bunson · @SrRochardBunson
2897 followers · 5947 posts · Server universeodon.comFirst Citizens Bank, the buyer of Silicon Valley Bank's assets, is run by a billionaire North Carolina family that's bought over 20 failed banks since 2008, per BI.
Using your family's slave labor tobacco fortune to purchase failed banks across the nation is how stolen labor from hundreds of years ago affects wealth and the economy today.
#svbcollapse #economic #racism
Political IQ · @PoliticalIQ
94 followers · 764 posts · Server newsie.social#Biden to Call for New #Banking Regulations in Wake of #SVBCollapse https://politicaliq.com/2023/03/29/biden-to-call-for-new-banking-regulations-in-wake-of-svb-collapse/ #bankingcollapse #SiliconValleyBank #SignatureBank #FederalReserve #Congress #politicaliq #news #politics
#biden #banking #svbcollapse #bankingcollapse #siliconvalleybank #signaturebank #FederalReserve #congress #politicaliq #News #politics
SCOFIELD!®️⛈ · @scofield_fx
5 followers · 410 posts · Server ioc.exchangeThe market is likely to probe any signs of weakness, which would be expressed in banking stocks having a torrid time. #SVBCollapse
SCOFIELD!®️⛈ · @scofield_fx
5 followers · 409 posts · Server ioc.exchangeThe global banking sector contagion is not over, markets remain risk averse. #SVBCollapse
Empathic Times by Amira Napier · @endemictimes
11 followers · 32 posts · Server mastodon.world
Are we IN a #recession now? All signs point to YES!
Check out this video to learn more about the similarities to the 08' crash, the #SVBCollapse & how it all points to a likely 2023 recession.
#economy #SVBBank #Recession2023
Learn more here: https://youtu.be/K4RgU1geoes
#recession #svbcollapse #economy #svbbank #recession2023
Public Bank East Bay · @publicbankeastbay
9 followers · 8 posts · Server sfba.social
Build Public Banks as Response to SVB & Signature Bank Failures, by @nathansnewman
#PublicBank #PublicBanking #SVB #SVBcrash #SVBcollapse #SVBBank #SVBfail
https://open.substack.com/pub/nathannewman/p/build-public-banks-as-response-to?utm_campaign=post&utm_medium=web
#publicbank #publicbanking #svb #svbcrash #svbcollapse #svbbank #svbfail
pxmolina · @pxmolina
26 followers · 70 posts · Server newsie.social
My latest cartoon for Counterpoint #SVB #SVBBank #SVBCollapse #TechBros #bailout
https://www.gocomics.com/pedroxmolina/2023/03/21
#svb #svbbank #svbcollapse #techbros #bailout
pxmolina · @pxmolina
26 followers · 69 posts · Server newsie.socialMy latest cartoon for Counterpoint #SVB #SVBBank #SVBCollapse #TechBros #bailout
https://www.gocomics.com/pedroxmolina/2023/03/21
#svb #svbbank #svbcollapse #techbros #bailout
Scott 🐂 · @bullriders1
47 followers · 1575 posts · Server sfba.social
NEW: The crisis that claimed #CreditSuisseBankruptcy and #SVBCollapse heralds a new chapter for financial capitalism — and governments are picking winners and trying to back the industries of the future. 🏦 @opinion @federalreserve
#creditsuissebankruptcy #svbcollapse
Scott 🐂 · @bullriders1
47 followers · 1575 posts · Server sfba.social
NEW: The crisis that claimed #CreditSuisseBankruptcy and #SVBCollapse heralds a new chapter for financial capitalism — and governments are picking winners and trying to back the industries of the future. 🏦@opinion @federalreserve
#creditsuissebankruptcy #svbcollapse
Badwolf303 · @marcibadwolf303
649 followers · 7149 posts · Server mastodon.world
$17 billion of Credit Suisse bonds worthless following UBS takeover
#svbcollapse #banks #banking #money #bonds #UBS #creditsuisse
#svbcollapse #banks #banking #money #bonds #UBS #creditsuisse
Raymond Scott Pert · @raymondpert
79 followers · 354 posts · Server social.targaryen.house
The Fed Had Already Spotted Big Problems at #SVB Before Its Collapse #SVBCollapse https://yro.slashdot.org/story/23/03/19/2018258/the-fed-had-already-spotted-big-problems-at-svb-before-its-collapse
Alexander Mike · @sciencevienna
5 followers · 93 posts · Server mstdn.socialIf you're a bank employee please be assured that you have so many more talents, too 💪🏻
#bankingsector #svbcollapse #BankCrisis #bankrun
Joseph · @mattixmash
29 followers · 1010 posts · Server mas.toSo after reading how #svbcollapse occured, it's plain to see: a failure to account for interest rates (common sense) and a poor investment into long term bonds over short and mid term shows the bank was a disaster. Last, "A lot of those billions had come from all of the risks the bank took, lending money to start-ups and companies that couldn't get loans at other banks." Poor choice of investment caused the bank to fail.
SVB had to sell US government bonds at a loss. https://www.npr.org/2023/03/19/1164531413/bank-fail-how-government-bonds-turned-toxic-for-silicon-valley-bank
Raymond Scott Pert · @raymondpert
75 followers · 320 posts · Server social.targaryen.house
#SVBcollapse shows Israeli hi-tech should stay in #Israel - opinion - The Jerusalem Post #SVBCrash https://www.jpost.com/business-and-innovation/opinion/article-734109
#svbcollapse #israel #svbcrash
Raymond Scott Pert · @raymondpert
75 followers · 319 posts · Server social.targaryen.houseFirst Citizens considering takeover of Silicon Valley Bank #SVBCrash #SVBCollapse #svb https://www.jpost.com/breaking-news/article-734745
Ursa · @UrsaAshBear
67 followers · 668 posts · Server mas.to
1999: Corporate Lobbyists successfully push for the Repeal of Glass Steagal.
*2008 Recession*
*2023 SVB Collapse*
Corporations:
#svbcollapse #restoreglasssteagal
Heretical_i · @heretical_i
13 followers · 466 posts · Server mastodon.cloud
"Aloha from Hawaii suckers!"
The CEO of the now bankrupt #SVB and his wife got into a limo, went to the airport, and flew first class to their villa in Hawaii, purchased for 3.1 million dollars. #SVBCrash #SVBCollapse #SVBBank #SVBank #EatTheRich https://www.google.com/search?q=The+CEO+of+the+now+bankrupt+SVB+and+wife+to+hawaii
#SVB #svbcrash #svbcollapse #svbbank #svbank #eattherich