Silicon Valley Bank failure political tangents
- Thread starter Goldhedge
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- In 2018, Sen. Joe Manchin was one of 13 Democrats to vote for easing some banking regulations.
- The rollback of those regulations meant that Silicon Valley Bank was subject to less scrutiny.
- Now, Manchin says he thinks differently about his vote, but says it wasn't a mistake at the time.
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BANK CONTAGION! What's REALLY Going On, and Where's Gold and Silver Headed?!
It's a BANK CONTAGION! You need to "stack gold and silver" You need to “Be the Bank!” I’ve been chanting those lines for years on my YouTube channel, and it has never rung truer than today! Gold is up and Silver is WAY UP! WHY? Because they're protecting us against failing institutions...like banks! The Federal Reserve finally broke something, and it was the banking system.Bank runs are likely to increase. But what really happened with Silicon Valley Bank? Where does the blame belong, and what does THIS gold and silver stacker think is coming next! Did the government's soft regulations cause this banking crisis? Did the Federal Reserve's zero interest rate policy (ZIRP) create a moral hazard for the banking sector?
What mismanagement went on at Silicon Valley Bank and is another major bank, Credit Suisse, about to fail!? What should bank depositors do RIGHT NOW? Is all hope of a "soft landing" in the real economy lost? And what will the Fed do at their next meeting? Raise interest rates? Cut them?? Finally, what does this all mean for precious metals like gold a silver?
Watch as Lior Gantz and I break it all down for you! Bottom line, this is a major WAKE UP call to gold and silver stackers!
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- Messages
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- Reaction score
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- Points
- 288
Big Banks Take Unprecedented Action to Stop A Total Banking Collapse
Note: This article may contain commentary reflecting the author's opinion.On Thursday, a series of big banks took major action to save First Republic Bank, which was impacted severely by the collapse of Silicon Valley Bank and Signature Bank last week, from its total collapse.
Wells Fargo, JPMorgan Chase, Bank of America, and Citigroup have combined to dedicate $20 billion in deposits in order to save the struggling mid-sized bank from collapse. Each major banking institution will supply $5 billion each while Goldman Sachs Group Inc. and Morgan Stanley will each pitch in $2.5 billion.
PNC, BNY Mellon, Truist, U.S. Bancorp, and State Street also all dedicated $1 billion each to save First Republic.
BREAKING: Big Banks Take Unprecedented Action to Stop A Total Banking Collapse - DC Enquirer
On Thursday, a series of big banks took major action to save First Republic Bank, which was impacted severely by the collapse of Silicon Valley Bank and
dcenquirer.com
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The news of the past few days concerning the failure of Silicon Valley Bank and the cascading set of misfortunes it has spawned has sent my thinking in an unexpected direction.
Just three weeks ago, I found myself sitting in a large auditorium in front of an audience of junior CIA spies. The topic: professional and organizational ethics. Now, the CIA’s clandestine service is not where most people instinctively turn when thinking about ethical behavior. Its practitioners, after all, are carefully instructed in the fine arts of deceit and manipulation. Those undercover are taught, quite literally, to live a lie.
thehill.com
Just three weeks ago, I found myself sitting in a large auditorium in front of an audience of junior CIA spies. The topic: professional and organizational ethics. Now, the CIA’s clandestine service is not where most people instinctively turn when thinking about ethical behavior. Its practitioners, after all, are carefully instructed in the fine arts of deceit and manipulation. Those undercover are taught, quite literally, to live a lie.
For ethical lessons from Silicon Valley Bank, turn to spies
The ways in which the CIA attempts to reinforce ethical behavior on an organizational basis are comparatively novel, and may provide lessons for corporate America.
thehill.com
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The US government printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs and venture capital firms, paying them all of their uninsured deposits.
Meanwhile, some of the very same Silicon Valley tycoons who benefited from this bailout have tried to cynically rebrand themselves as subversive populists, claiming they are fighting against the big Wall Street banks with which they have closely collaborated.
geopoliticaleconomy.com
Meanwhile, some of the very same Silicon Valley tycoons who benefited from this bailout have tried to cynically rebrand themselves as subversive populists, claiming they are fighting against the big Wall Street banks with which they have closely collaborated.
US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs - Geopolitical Economy Report
US Federal Reserve printed $300 billion to save banks and bail out Silicon Valley. 93% of SVB deposits were uninsured, over FDIC limit, 56% of loans went to venture capitalist and private equity firms.
geopoliticaleconomy.com
Haha yeah nobody is going after the paypal mafia, ever. Not the left because they are helping them by fooling the right and not the right because they like getting fooled.The US government printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs and venture capital firms, paying them all of their uninsured deposits.
Meanwhile, some of the very same Silicon Valley tycoons who benefited from this bailout have tried to cynically rebrand themselves as subversive populists, claiming they are fighting against the big Wall Street banks with which they have closely collaborated.
US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs - Geopolitical Economy Report
US Federal Reserve printed $300 billion to save banks and bail out Silicon Valley. 93% of SVB deposits were uninsured, over FDIC limit, 56% of loans went to venture capitalist and private equity firms.
CS bond holders got screwed and the stovk holders got bailed out when bond holders normally take precedence over stock holders.
Is anybodyvadking who are the CS stock holders besides thecSaudi royal family @ 9.9%.
Is anybodyvadking who are the CS stock holders besides thecSaudi royal family @ 9.9%.
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