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…
Bond Bloodbath Triggers Biggest Stock Puke of Year…
The ‘one-way-trade’ of January is rapidly unwinding in February with stocks finally getting the joke today and accelerating their catch-down…
From Jeffrey Epstein to Sam Bankman-Fried to Madoff – JPMorgan Banks the Creepy Crooks…
If yesterday had been National Creepy Crooks Day, JPMorgan Chase would have taken top honors. Bloomberg News reported on the creepy emails that former JPMorgan Chase executive Jes Staley was sending back and forth from his email account at the bank to child sex trafficker Jeffrey Epstein, as the bank was only too happy to handle 55 accounts worth hundreds of millions of dollars for Epstein…
Wyoming Wind Projects Pose “Profoundly Dangerous” Threat to Golden Eagles…
Offshore wind projects threaten endangered whales; proposed wind projects in Wyoming “will exponentially impact Golden Eagles.”…
Secretary Yellen, We’ve Got a “Staggering” Problem: New Report Shows Foreign Banks Have Secret Derivative Debt that Is “10 Times their Capital”…
U.S. Treasury Secretary Janet Yellen has the dual role of Chairing the Financial Stability Oversight Council (F-SOC), whose role is to provide “comprehensive monitoring of the stability of our nation’s financial system.” Heads of each of the federal agencies that supervise Wall Street and the mega banks sit in on meetings of F-SOC…
Pretending Continues – Fed Chair Raises Interest Rates 3/4 Point, Blames Russia for U.S Food Prices, Claims Consumer Demand Still Too High…
It’s all a ruse; an economic shell game being played for politics – nothing more…
Joe Biden Claims Current Gas Prices Lower Than When He Took Office, States Falsely Gas Was Over $5/Gal When He Was Inaugurated…
Why is Biden much less his staff incapable of differentiating between facts and disinformation?…
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