Silicon Valley Bank collapses

[Willie99]

Just liberals being liberals, nothing to see here

Welcome to Bidenville, everything is great, just follow the yellow brick road

What a bunch of fucking idiots democrats are. Do you think any of them will admit how wrong they are about policy? I doubt it, too fucking addicted in one manner or another

Just give them a sterile needle, they're fine, as long as we continue to support their base

 

[StevieRay]

Destroying America one day at a time.

 

[roadreeler57]

Heres some good reasons why...."Diversity hires"...

 

[candy7]

Destroying America one day at a time.

that is the soros/obama mantra being perpetrated now by the most inept puppet in the wh aided and abetted by the most inept admin in the history of this country. the sad part is that the little sheep dont even realize that our destruction is occurring on a daily basis but there are no more mean tweets.

 

[roadreeler57]

Trump Curse? Signature Bank FAILS! Same Woke Bank that Closed President Trump’s Accounts Two Years Ago Over January 6 Riot​

Kristinn Taylor

Mar. 12, 2023 10:38 pm

216 Comments

 

[roadreeler57]

OUTRAGEOUS: Silicon Valley Bank Provided Massive Amounts of Capital to Chinese Tech Ventures – Now Biden FDIC and Federal Reserve Are Bailing It Out – Clearly Biden Is Working for China​

Joe Hoft

Mar. 12, 2023 9:00 pm

173 Comments

 

[StevieRay]

Fuck joe Biden

 

[ozark]

 

[rolltide]

just another failed mark to market concept

SIVB was really in a league of its own failing to balance traditional retail deposits with heavily speculative VC funds and crypto. They carved out a riskier niche than any other bank and kept their retail deposit interest rates incredibly low so they gave no consumers a reason to deposit. so without attracting normal consumers and only attracting high-dollar VC funded companies most of this money is uninsured. What happens next? JPM takes them over, the Fed continues to destroy Davos and the Uniparty (first FTX, then SIVB, next First Republic), and retail CBDCs keep fading away as a Liberal authoritarian wet dream. It was never going to be pretty, or easy, to destroy the 200 year relationship between the Fed and the Bank of London / Rothschilds / EU but by July 1 it will be complete. once the Libor/Sofr transition is complete the USD will never have dependency on EU markets again.

Yellen, Biden, and the Uniparty Treasury will try to react but they can't do a damn thing. The Fed will raise rates again this month and further deepen the divide with Davos/EU. Biden can keep lying about higher wages and job adds but it's all bullshit. It's not happening. The US and Fed will finally control their offshore dollar market.

 

[rolltide]

mark to market accounting at its finest. was fine through 2022 because didn't need to be realized but come 2023? uh oh

if these heavily leveraged banks simply raised their bank deposit interest rates to encourage depositors instead of pushing them away to toss $ into MMs then it could have been avoided. There will not be a domino of banks going under but you'll see several this week that are based on heavily speculative VC money tossed around before interest rates rose. But those bank notes come due the following year

 

[StevieRay]

 

[Knightrofins]

mark to market accounting at its finest. was fine through 2022 because didn't need to be realized but come 2023? uh oh

if these heavily leveraged banks simply raised their bank deposit interest rates to encourage depositors instead of pushing them away to toss $ into MMs then it could have been avoided. There will not be a domino of banks going under but you'll see several this week that are based on heavily speculative VC money tossed around before interest rates rose. But those bank notes come due the following year

View attachment 62138

Lets say this happens

Are we still fully insured up to 250k by the FDIC?

 

[StevieRay]

 

[roadreeler57]

Investor Relieved He Pulled Money Out Of Crypto And Put It In The Bank For Safekeeping

 

[rolltide]

Lets say this happens

Are we still fully insured up to 250k by the FDIC?

yes. both companies and individual deposits are insured to 250k. SVB had very few individual deposits as they slurped up the VC money that was flowing with small interest rates back in 2019 through mid-2022. once the Fed rapidly increased interest rates these loans had big gaps in the interest rate they lent out vs the interest rate of today.

the companies that are now in trouble are the ones that had their VC funding sitting in a SVB account which was likely millions or even hundreds of millions of dollars. Since those aren't insured they won't make payroll

but yes as an individual I would suggest making sure you don't have more than 250k at any one bank. you are fully insured to 250k per bank

 

[StevieRay]

During his first comments on the failures of multiple banks, Biden insisted we need to put the situation into “broader context." The broader context? Biden-fueled inflation. Even liberal economists blame his $1.9 trillion stimulus for fueling inflation.

 

[roadreeler57]

Hope this is just click bait...

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Billionaire Investor Gives 48-Hour Warning to Biden Before Financial Meltdown​ ​

 

[rwjr]

View attachment 62134

? ? ? ? ? ?

 

[roadreeler57]

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“Big Short” Investor Michael Burry Tweets Ominous Warning as Bank Failures Pile Up​ ​

 

[rolltide]

dude is killing it in '23!