Month: March 2023

Vangaurd is the largest shareholder of Silicon Valley Bank (SVB). Forbes reports less than 3% of accounts at SVB are fully insured (the FDIC insures deposits up to $250,000). Is this the start of the economic and banking collapse?

by

by Settlemente Vangaurd is a 10.85% shareholder in SVB and 3 Vanguard mutual funds are among the top 10 mutual funds invested in SVB. SVB served primarily business customers and fewer than 3% of deposits at SVB are fully insured. The FDIC insured deposits up to $250,000 (per bank, so if you despite $250,000 at … Read more

Ackman: The gov’t has about 48 hours to fix a-soon-to-be-irreversible mistake.

by

Bill Ackman: The gov’t has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowing @SVB_Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is — an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or @BankofAmerica acquiring SVB before the open on Monday, a prospect … Read more

The World is on the Verge of a Bottomless Abyss….

by

https://www.youtube.com/watch?v=D0sCpQ9mlGs The wait for the next “Lehman Brothers moment” is over. On Friday, we witnessed the second biggest bank failure in U.S. history. The stunning collapse of Silicon Valley Bank is shaking the financial world to the core. As of the end of last year, the bank had 175 billion dollars in deposits, and approximately … Read more

If you want more murders, this is how you get more murders. Maryland Democrats want to let young adults off the hook for felony murder

by

via washingtonexaminer: The same Democratic Party that thinks it is imperative to pump children full of hormones and puberty blockers also thinks that young adults should be let off the hook for various crimes. In Maryland, Democrats are taking that to an extreme level. A Maryland bill would prevent anyone from being charged with felony murder … Read more

Rumor: Prince Harry and Meghan Markle ‘lost everything’ at Silicon Valley Bank

by

Rumors swirl that Prince Harry and Meghan 'lost everything' at SV Bank… https://t.co/rCVlfMgn38 — Citizen Free Press (@CitizenFreePres) March 11, 2023 Have Prince Harry and Meghan Markle lost money in the Silicone Valley Bank collapse? That’s an interesting question, as the Sussexes are vain enough about their business acumen to attach themselves to a bank … Read more

Federal reserve to hold a closed door meeting Monday

by

  Closed Board Meeting on March 13, 2023 Government in the Sunshine Meeting Notice Advanced Notice of a Meeting under Expedited Procedures It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 a.m. on Monday, March 13, 2023, will be held under expedited procedures, as set forth … Read more

SVB International Fallout U.K. and E.U. Lenders Lose £30 Billion Overnight as ‘Panic’ Spreads

by

The fallout from the run on the Silicon Valley Bank in California went international overnight, with British and European Union lenders seeing nearly £30 billion wiped off their portfolios and the Bank of England stepping in to take over the insolvency process for the British arm of SVB to protect the deposits of British firms … Read more

LAURA INGRAHAM: Democrats calling driving ‘racist’ is the new liberal insanity

by

Watch the latest video at foxnews.com via FOXNEWS: Fox News host Laura Ingraham sounds off on the growing list of what qualifies as “racist” in the “modern liberal mind” on “The Ingraham Angle.” LAURA INGRAHAM: Now the list of what qualifies as racist grows by the day. Gas stoves, English grammar, mathematics, words like “master bedroom” … Read more

Netherlands bringing in Army Trucks and Water Cannons for Farmers Protest today

by

German (!) water cannons have been spotted on the highway to The Hague, where the farmers’ protest will be held tomorrow. Earlier this week the mayor announced he might deploy army trucks. This is what ‘the right to protest’ looks like in our ‘liberal democracy’. #dutchfarmers pic.twitter.com/Aw6JNSAlWW — Eva Vlaardingerbroek (@EvaVlaar) March 10, 2023 Wat … Read more

LEHMAN 2.0: Silicon Valley Bank Collapse and Closure Foreshadows … the controlled demolition of the Global Economic & Financial System

by

via State of the Nation Dotcom Bubble Burst 2.0 + Silicon Valley Bank Collapse = 2023 Market Crash & Second Great Depression Submitted by The Global Gambling Casino Analyst SOTN Exclusive “Silicon Valley Bank (SVB) was a commercial bank headquartered in Santa Clara, California. SVB was on the list of largest banks in the United States and was the biggest bank in Silicon Valley based on local … Read more

Instagram is “Fact Checking” Elon Musk’s tweet about Jacob Chansley walking around with Capitol Police.

by

Instagram is “Fact Checking” reposts of @ElonMusk’s Tweet with the video of Jacob Chansley walking around with Capitol Police. pic.twitter.com/fIyATxsR7R — ALX 🇺🇸 (@alx) March 11, 2023 The Capitol Police literally opened the Senate chamber door for him on camera! But who are you going to believe, Instagram “fact-checkers” or your own lying eyes!? — … Read more

Monday could be a bloodbath… saved by the bell

by

by TheHiveminder Is First Republic Bank next to fail? Stock dropped 34% in the past week. The San Fransisco headquartered bank, Fist Republic, On Friday a week ago stock was $123, yesterday it’s $81. Monday should be interesting … expect lots of statements Sunday and early Monday from the usual suspects … 🤨 pic.twitter.com/YeSs9g0M2b — … Read more

Too big to fail AGAIN? Rep. Eric Swalwell: “Silicon Valley Bank crisis: We must make sure all deposits exceeding the FDIC $250k limit are honored.”

by

I’m working with my CA colleagues to address the Silicon Valley Bank crisis. We must make sure all deposits exceeding the FDIC $250k limit are honored. Banking is about confidence. If depositors lose confidence on the safety of their deposits over 250k then we are in trouble. — Rep. Eric Swalwell (@RepSwalwell) March 10, 2023

Hedge Fund CEO Christina Qi: Silicon Valley Bank Collapse is Two Steps Back for “women, minorities, & the LGBTQ community”

by

The SVB collapse has been devastating in more ways than one: They supported women, minorities, & the LGBTQ community more than any other big bank. This includes not just diverse events, but actual funding. SVB helped us move one step forward; without them, we move two steps back. — Christina Qi (@christinaqi) March 11, 2023 … Read more