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Silicon Valley Bank failure
What a surprise huh? I also read that 93% of the Baanks assets exceeded the FDIC insurance maximums...ouch Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that led to... -
FDIC and 2013
Interesting read on SD: More: http://www.silverdoctors.com/us-bank-run-imminent-as-fdic-expanded-deposit-insurance-ends-dec-31st/ A lot of assumptions in there, but worth keeping an eye on. -
Guess who is going to bail out Bank of America
http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html They set us up the (derivative) bomb.