The CNN panel was jaw-agape as Kevin O’Leary appeared earlier today to inform them the decision by Joe Biden to guarantee every deposit in U.S. regional banks is akin to “Joe Biden just nationalized the U.S. banking system.”…
Charles Payne Hits the Nail on the Head – The Biden Action Is a Bailout for Silicon Valley…
The installed occupant of the White House said something today that is just brutally false on its face. From the words typed into the teleprompter of Joe Biden you hear, “No losses will be borne by the taxpayers. Instead, the money will come from the fees that banks pay into the Deposit Insurance Fund.” Who the hell does Biden think are paying those “fees”?…
HE’S A LIAR: Biden Admin ‘Radicals’ Blocked SVB Sale, Nationalized It, Then Blamed Trump for Collapse…
Instead of spending taxpayer dollars to nationalize Silicon Valley Bank, a private buyer favored by the Treasury and the Federal Reserve had emerged, only to be nixed by FDIC Chairman Martin Gruenberg, according to the Wall Street Journal, citing a source with knowledge of the situation…
Shade of FTX Here: Only ONE, ONE I REPEAT, Member of Failed SVB’s Board Had a Career in Investment Banking! Filled with Obama, Clinton Mega-Donors…
Just one member of Silicon Valley Bank’s board of directors had a career in investment banking, while the others were major Democratic donors, it has been revealed…
SVB WAS A WALL STREET IPO PIPELINE IN DRAG AS A FEDERALLY-INSURED BANK; FHLB OF SAN FRANCISCO WAS QUIETLY BAILING IT OUT…
Adding further insult to U.S. taxpayers, the Federal Home Loan Bank of San Francisco was quietly bailing out SVB throughout much of last year. Federal Home Loan Banks are also not supposed to be in the business of bailing out venture capitalists or private equity titans…
$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 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…
Silicon Valley Bank Collapse Hits Companies Such As Camp, Compass Coffee…
California state regulators closed Silicon Valley Bank on Friday…
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…
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,..
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