Hey #scotus - was this a bailout? #svbcrash
Oh, that’s right. . .rich people get financial assistance, not students
#studentloanforgiveness
#scotus #svbcrash #studentloanforgiveness
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
186 US Banks At Risk Of Silicon Valley Bank-Like Collapse https://www.ndtv.com/world-news/186-us-banks-at-risk-of-silicon-valley-bank-like-collapse-study-3879119 #SVBCrash #BankingCrisis #Silicon_Valley_Bank #SignatureBank #FirstRepublicBank #USA
#svbcrash #bankingcrisis #silicon_valley_bank #signaturebank #firstrepublicbank #usa
This week is an unsettled for those involved in #globestrategy . #CreditSuisse #FederalReserve Interest rate hikes?, BoE rate hikes? Higher mortgage pressures on housing markets, #SriLanka #IMF bailouts, fallouts from #SVBCrash on both sides of the pond, #UkraineRussianWar 1/
#globestrategy #creditsuisse #federalreserve #SriLanka #imf #svbcrash #UkraineRussianWar
Credit Suisse's scale and potential impact on the global economy is greater than U.S. regional banks, and its balance sheet is larger than #LehmanBrothers'. It is also globally interconnected, making an orderly management of its situation even more important.
#UBS buys #CreditSuisse for $3.2 billion as regulators look to shore up the #GlobalBanking system | #SVBCrash
https://www.nbcnews.com/business/ubs-reportedly-offers-buy-credit-suisse-1-billion-rcna75653
#svbcrash #globalbanking #creditsuisse #ubs #lehmanbrothers
“Either this was an indefensible overreaction, or there is much more rot in the American banking system than those of us on the outside of confidential supervisory information can even know.” So which is it?
via @TheEconomist
#SVBCrash #BankingCrisis https://www.economist.com/finance-and-economics/2023/03/16/how-deep-is-the-rot-in-americas-banking-industry
SVB pledged to provide at least $5 billion in financing by 2027 to support sustainability efforts in industries such as #GreenBuildings, #RenewableEnergy, and #WaterTechnology. However, the bank's collapse could lead to more difficult borrowing terms, particularly for companies looking to spend big as they scale.
#SVB's #ClimateTech clients face humbling funding questions | #SVBCrash
https://www.rappler.com/business/silicon-valley-bank-climate-tech-clients-face-humbling-funding-questions/
#svbcrash #climatetech #SVB #watertechnology #renewableenergy #greenbuildings
#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
First Citizens considering takeover of Silicon Valley Bank #SVBCrash #SVBCollapse #svb https://www.jpost.com/breaking-news/article-734745
"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
"When #SVB collapsed, entrepreneurs who feared losing everything spent nerve-wracking days crafting backup plans, seeking new funds, and pleading with politicians."
The Weekend #SiliconValley Stared Into the Abyss | #SVBCrash #Tech #Finance | WIRED
https://www.wired.com/story/silicon-valley-bank-svb-the-weekend-silicon-valley-stared-into-the-abyss/?utm_source=twitter&utm_medium=social&utm_brand=wired&mbid=social_twitter&utm_social-type=owned
#finance #tech #svbcrash #siliconvalley #SVB
Crypto’s banking crunch is in full swing. Silicon Valley Bank, Signature Bank and Silvergate Capital once served as a vital tripartite of lenders happy to take deposits from #crypto companies — but now they’ve all gone.
The demise of the trio has left an industry with already-thin links to the established banking system with even fewer options. conversion.
#RunOnTheBank #Silicon_Valley_Bank #SVBCrash #svb
👇Free to read
https://archive.is/S2Bl2
#crypto #runonthebank #silicon_valley_bank #svbcrash #svb
How Silicon Valley learnt to love the government. There is a broader charge of hypocrisy towards some of the venture capitalists who chafe against government regulation of tech but demanded regulators step in to help SVB depositors. Going online to plead for support “was an ‘atheist in a foxhole’ moment”, says one executive at a venture capital fund who was derisive of his peers’ conversion.
#RunOnTheBank #Silicon_Valley_Bank #SVBCrash #svb
👇Free to read
https://archive.is/ntQTC
#runonthebank #silicon_valley_bank #svbcrash #svb
#SharonStone Tearfully Admits ‘I Just Lost Half My Money To This Banking Thing’ In The Wake of #SVBCrash
https://www.mediaite.com/entertainment/sharon-stone-tearfully-admits-i-just-lost-half-my-money-to-this-banking-thing-in-the-wake-of-svb-crash/
“I don’t know who needs to hear this, but if the wealthiest people in your community kick off the bank run instead of stepping in to end it, what you have on your hands is not in fact ‘a community,’” E.W. Niedermeyer, author of a book about #Tesla
Should the #TechIndustry be blamed for #SVB’s collapse? | #SVBCrash #TechFinnce
https://www.nbcnews.com/tech/tech-news/svb-failure-tech-industry-blamed-collapse-rcna74633
#techfinnce #svbcrash #SVB #techindustry #tesla
#TRON Founder Optimistic About Asian Economy Despite #SVB Collapse
#Crypto #TRX #SVBCrash #CryptoCurrency #svbcollapse
https://www.tronweekly.com/tron-optimistic-asian-economy/
#tron #svb #crypto #trx #svbcrash #cryptocurrency #svbcollapse
🎧 SVB's banking 101 mistake, wider confidence in the banking system, the U.S. government's reaction -- and a bonus reference to Tues. all-office poke bowls: @charlesforelle speaks with @kate_linebaugh on The Journal podcast: https://www.wsj.com/podcasts/the-journal/can-the-government-contain-a-banking-crisis/87C85CF0-DD3B-44EC-998E-6069505F9892 #SVBCollapse #SVBCrash
Barney Frank (D-MA ) of Frank-Dodd is still alive? Dear god!
US banks have well over $1 trillion of #uninsureddeposits. #SignatureBank was among the #mostexposed. https://ca.finance.yahoo.com/news/us-banks-well-over-1-015838333.html … #BankCrash #Bankruns #Banking #SVBCrash #SBBankrun #FinancialCrisis #bankruptcy #stockmarkets #stockmarketcrash #signature_bank #SignatureBankCollapse #Cryptonews #Bankingcrisis
#uninsureddeposits #signaturebank #mostexposed #bankcrash #bankruns #banking #svbcrash #sbbankrun #financialcrisis #bankruptcy #stockmarkets #stockmarketcrash #signature_bank #signaturebankcollapse #cryptonews #bankingcrisis