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Finance

Latest News

New_York_Stock_Exchange_NYSE_AFP

March 13, 2023 at 7:57 pm

$100B Wiped Off U.S. Banking System in SINGLE DAY…Bloodbath on Wall Street Saw Regional Banks Fall by Nearly 60% and the Big Four Drawn Into SVB’s Collapse Contagion…

More than $100 billion was wiped off US banks’ value today in a bloodbath on Wall Street sparked by the collapse of Silicon Valley Bank…

HSBC_reuters_UK

March 13, 2023 at 5:10 pm

HSBC Pays £1 for Silicon Valley Bank’s UK Unit in Rescue Deal…

HSBC acquired SVB UK for the nominal sum of £1 (equivalent to $1.21 at current exchange rates). The transaction has been completed with immediate effect, and funding will be sourced from HSBC’s existing resources…

SVB_Bank_GettyImages

March 13, 2023 at 4:53 pm

Silicon Valley Bank Collapse Hits Companies Such As Camp, Compass Coffee…

California state regulators closed Silicon Valley Bank on Friday…

SVB_Bank_GettyImages_4_700

March 13, 2023 at 4:41 pm

Silicon Valley Bank Signed Exclusive Banking Deals with Some Clients, Leaving Them Unable to Diversify…

Silicon Valley Bank required some clients to agree to exclusivity clauses, disabling them from diversifying where they held their money, SEC records show…

Joe_Biden_GettyImages_Anna_Moneymaker

March 13, 2023 at 4:01 pm

Biden Forced to Bail Out a Banking System — and His Donors — He Endangered…

Worse, this “Joe to the rescue” schtick is completely disingenuous. Biden’s dismal economic leadership got us here. He dumped trillions into an economy already running hot in 2021. When inflation headed for the stratosphere,..

Barney_Frank_Signature_Bank_GettyImages

March 13, 2023 at 3:53 pm

Co-Author of the 2008 Dodd-Frank Banking Act Sat on the Board of Doomed Signature Bank…

Ultimate insider rigged the investment banking game by nullifying the Glass-Steagall Act replacing it with the Dodd-Frank Act which is directly tied to the Silicon Valley Bank and now Signature Bank’s collapse…

Donald_Trump_Signature_Bank

March 13, 2023 at 3:52 pm

Donald Trump Gets the Last Laugh at Woke Bank That Closed His Account After the 2020 Election…

Trump has gotten the last laugh in his battle against a ‘Woke’ bank that closed his account in the aftermath of the 2020 election. Signature Bank is now finding itself closed…

SVB_Bank

March 13, 2023 at 2:36 pm

U.S. Treasury Steps In – All SVB Depositors Will Have Access to Their Money on Monday…

The U.S. Treasury, Federal Reserve Board, FDIC and Joe Biden collectively announce that *all* depositors with Silicon Valley Bank (SVB) will have access to their funds – regardless of amount deposited. Also, all senior bank management has been terminated…

skynews_silicon_valley_bank

March 10, 2023 at 6:38 pm

Game Over: FDIC Shutters Silicon Valley Bank, Appoints Receiver…

Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect insured depositors, the FDIC created the Deposit Insurance National Bank of Santa Clara (DINB). At the time of closing, the FDIC as receiver immediately transferred to the DINB all insured deposits of Silicon Valley Bank…

Silvergate_Bank

March 8, 2023 at 8:29 pm

FDIC Investigators Are on the Premises of Collapsing Federally-Insured, Crypto Related Bank, Silvergate: It’s Not a Friendly Visit…

A very peculiar headline appeared at Bloomberg News yesterday concerning the collapsing federally-insured bank, Silvergate Bank, which became the go-to financial institution over the past few years for crypto exchanges around the globe…

CBDC

March 7, 2023 at 4:48 pm

Central Bank Digital Currency Prison – Catherine Austin Fitts…

Catherine Austin Fitts (CAF), Publisher of The Solari Report, financial expert and former Assistant Secretary of Housing (Bush 41 Admin.), says the Central Bank Digital Currency (CBDC) is much easier said than done. There is a monster fight behind the scenes between commercial banks and central banks…

No_Eurodollars_for_You_Gold_Goats_

March 6, 2023 at 7:46 pm

The War for the Dollar is Already Over Part I…

For nearly the past two years I’ve been a nearly lone voice in the wilderness questioning the financial orthodoxy over the behavior of the Federal Reserve. It started with an innocent, if not openly naïve question back in June of 2021, “Could the Fed actually be getting off the globalist train?”…

Larry_Fink_BlackRock_Carolyn_Cole_GettyImages

March 3, 2023 at 6:48 pm

BlackRock’s Tyrannical ESG Agenda…

Is Larry Fink a threat to democracy?…

U.S. National Debt

March 2, 2023 at 7:14 pm

Annual Interest Payments on National Debt Will Exceed Defense Spending This Decade…

“For every dollar that the U.S. government will borrow over the next decade, 50 cents will be just to pay interest on our national debt,” the group added…

Ford_Electric_Vehicles

March 2, 2023 at 5:47 pm

Miss Car Payment? Future Ford Vehicles Could Repossess Themselves…

Ford Motor Company filed a US patent application that shows autonomous or semi-autonomous vehicles could potentially repossess themselves if their owners miss lease or loan payments…

Vanguard_Funds

March 1, 2023 at 8:07 pm

Vanguard’s Break with ESG Investing Clouds Practice’s Future Viability…

“Our research indicates that ESG investing does not have any advantage over broad-based investing,” said the asset management firm’s CEO Tim Buckley…

Sam_Bankman_Fried_The_Enterprise

March 1, 2023 at 7:37 pm

Sam Bankman-Fried’s Donations May Have Been Tens of Millions More Than We Thought…

The founder of FTX used executives as cut-outs for donations, prosecutors allege…

Donald_Trump

March 1, 2023 at 6:06 pm

The Golden Arrow – President Trump Announces Economic Agenda 47 Which Includes “Universal Baseline Tariffs”…

This is it. This is pure MAGA. President Trump is announcing the big one… “Economic Agenda 47“…

FTX_shutterstock

February 28, 2023 at 8:20 pm

FTX’s Singh Pleads Guilty As Pressure Mounts on Bankman-Fried…

Nishad Singh, the former director of engineering at now-bankrupt cryptocurrency exchange FTX, pleaded guilty to U.S. criminal charges on Tuesday, and agreed to cooperate with prosecutors’ investigation into FTX founder Sam Bankman-Fried…

FTX_Ponzi_Scheme

February 28, 2023 at 7:23 pm

Judge John Dorsey Has Effectively Privatized Justice in the FTX Bankruptcy Case…

Heck, why not bake into the FTX money laundering, ponzi scheme crypto scam a bit of rigging by the Judge. Who’d expect anything less these days…

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