CEO of Silicon Valley Bank #SVB Greg Becker, up until Friday,
was a member of the board of directors at the
๐Federal Reserve Bank of San Francisco ๐
#SVBCollapse
foxbusiness.com/markets/companโฆ
was a member of the board of directors at the
๐Federal Reserve Bank of San Francisco ๐
#SVBCollapse
foxbusiness.com/markets/companโฆ
While #SBV was being promoted as a top bank, the CEO was assuring investors their money was safe, as Greg Becker was selling shares.
#SVBCollapse
#SVBCollapse
https://twitter.com/unusual_whales/status/1634250625319075840
โExpertsโ say Silicon Valley Bank meltdown looks nothing like 2008 crisis ๐๐ฝ
Treasury Secretary Janet Yellen said on Friday the U.S. banking system "remains resilient"
as she continues to advance race and gender identity issues ๐
#SVBCollapse
foxbusiness.com/markets/yellenโฆ
Treasury Secretary Janet Yellen said on Friday the U.S. banking system "remains resilient"
as she continues to advance race and gender identity issues ๐
#SVBCollapse
foxbusiness.com/markets/yellenโฆ
Silicon Valley is the 16th largest bank in the US, holding $210 billion in assets.
95% of Silicon Valley Bank's deposits were FIDC uninsured.
#SVBCollapse
unusualwhales.com/news/roughly-9โฆ
95% of Silicon Valley Bank's deposits were FIDC uninsured.
#SVBCollapse
unusualwhales.com/news/roughly-9โฆ
The FDICโs standard insurance covers up to $250,000 per depositor, per bank, for each account ownership category.
Below are some useful links
๐cnbc.com/2023/03/10/silโฆ
๐fdic.gov/resources/depoโฆ
๐cnbc.com/select/fdic-inโฆ
Below are some useful links
๐cnbc.com/2023/03/10/silโฆ
๐fdic.gov/resources/depoโฆ
๐cnbc.com/select/fdic-inโฆ
SVB was a top lender for the startup community, small businesses with greater than FDIC insured investments.
Absence of a safety net for these start-ups, theyโll crash.
msn.com/en-us/money/peโฆ
Absence of a safety net for these start-ups, theyโll crash.
msn.com/en-us/money/peโฆ
Youโre probably wondering like I am, what institutions are โsafeโ from collapse.
Biden is drafting outrageous โbudgetsโ
handing billions to #ukraine and other countries,
spending on manufactured garbage like โequityโ
while our economy is on the verge of collapse.
#FJB
Biden is drafting outrageous โbudgetsโ
handing billions to #ukraine and other countries,
spending on manufactured garbage like โequityโ
while our economy is on the verge of collapse.
#FJB
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