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Silicon Valley Bank collapse, biggest since 2008

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Rep. Katie Porter on the collapse of Silicon Valley Bank: 'There are real questions about why the bank didn't anticipate one of the most fundamental financial facts... that interest rates go up and they go down. You can't bet on them staying low forever.'

 

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Hi, Katie. Consider their political connections, maybe?

There she is, Ms. Warrens protege. How about interpreting FRA 13(3) and QE?

This is a democrat bailout. All their Silicon Valley friends.

And JenSiebelNewsom has her dirty hands all over it.

How's that diversity and inclusion working out for ya? Maybe we should try to hire the best person for the job....

Biden's America! What a difference a president makes

KrappyPorter fauxgresive

SVB_Financial had a HIGH ESG rating, CEO Jay obsessed with climate & gay agenda NOT business. SVB Exec's paid themselves HUGE bonuses on Friday. HouseDemocrats JoeBiden CNBC All Support ESG 2008 (Obama/Biden) paid $1.6B in bank bailouts that went to exec BONUSES

Incompetent woke People

The CEO dumped a lot of stock a few weeks ago, Didn’t anticipate? Seriously.

And now they svb_financial have pulled down their Twitter feed so the also know how to play on SocialMedia

But they svb_financial certainly did know how to pay bonuses how to celebrate woke how to SkiVacation how to define equity how to define diversity how to define inclusion how to implement ESG how to support democrat party politics BUT THEY DIDN’T KNOW HOW TO MANAGE MONEY…

👀 Ask Katie Porter about her Justice Democrat funding through Silicon Valley. You know, software that breaks huge dark money donations into so called small individual donations!! DarkMoney Russia

Absolutely no bailout from the federal government should be given. SVB knew exactly how this would play out when regulations were lifted.

Love her! She's great and nearly always has great input. She'd make a great president some day.

MSNBC only promotes woke activities.

allot of good questions.

That's the problem with most of the depositors in SVB, they are mostly Stock Market Casino players. And that privileged the Gov't-will-bail-me-out mentality is deeply ingrained with Wall Street.

Most Woke Bank in America

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Silicon Valley Bank shut down; FDIC creates new bank to protect insured depositorsThe Federal Deposit Insurance Corporation (FDIC) has seized the assets of Silicon Valley Bank Friday, the largest bank to fail since the 2008 financial meltdown, The Associated Press reported.
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