Month: March 2023

FDIC Alert! FDIC Chairman Martin Gruenberg begins finger pointing at the Fed in speech 3/6/23: ‘unrealized losses weaken a bank’s future ability to meet unexpected liquidity needs’ ‘especially when interest rates change to the extent they have over the past year’. 4 days later SBV fails…

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by Dismal-Jellyfish Source: https://www.fdic.gov/news/speeches/2023/spmar0623.html ‘Juicy’ sections of his speech: Full speech: Introduction Good morning. I very much appreciate the invitation to speak to you today. I am especially glad to be here in person. Looking back to pre-pandemic days, there may have been a tendency to take events like this for granted.  At least for me, not … Read more

OPRAH STANDS TO LOSE $590 MILLION AFTER COLLAPSE OF SVB

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>>>>>>>>>>>>>>ALERT<<<<<<<<<<<<<< OPRAH STANDS TO LOSE $590 MILLION AFTER COLLAPSE OF SVB "All her biggest accounts were with the bank." said a source familiar with her finances, "Like other tech savvy investors she banked with SVB and now it's all gone." pic.twitter.com/Wvi9x7ZbJ6 — iSource News (@isource_news) March 11, 2023 BREAKING: HARRY AND MEGHAN STAND TO LOSE … Read more

Massive Number of Reddit Leftists Say They Are Not Receiving Paychecks Due to the Silicon Valley Bank Collapse, Their Businesses Are Collapsing

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BANK OF AMERICA: ‘crashy vibes of March’

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Stocks fell as worries flared about the banking system amid the SVB collapse and the painful effects of high interest rates Struggles come amid what Bank of America strategists called ‘the crashy vibes of March’ Analysts have said ‘cracks are appearing’ and the situation at SVB, which was shut down by regulators, was a ‘warning … Read more

BANK RUN USA PANIC – Second USA Bank Collapses in 3 Days, Run of Withdrawals Causes Liquidity Crisis

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  First Republic, Western Alliance seek to calm contagion worries from SVB meltdown March 10 (Reuters) – U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors worried of a spill-over of risks from troubled startup focused-bank SVB Financial Group (SIVB.O). Shares … Read more

Matt Higgins on Silicon Valley Bank: “This is a potential extinction level event. This is going to make FTX look like child’s play.”

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This is a potential extinction level event for many incredible companies. FTX was very painful but the economic consequences did not cascade throughout the broader economy. This is different. Boards are meeting through the wknd to determine how to make payroll. https://t.co/wamCWxhqy1 — Matt Higgins (@mhiggins) March 11, 2023 "This is going to make FTX … Read more

Bank of London is considering a rescue bid for the UK arm of Silicon Valley Bank.

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The Bank of London is exploring the possibility of assembling an offer for SVB UK as start-up founders warn Jeremy Hunt that its collapse will "cripple" the British tech sector. The Bank of London's new finance chief, Gavin Hewitt, was previously at SVB https://t.co/9AZpnRsEnX… — Mario Nawfal (@MarioNawfal) March 11, 2023 The Bank of London … Read more

2nd Biggest Bank Failure In U.S. History – “We Found Our Enron” – “On The Verge Of A Much Bigger Collapse Than 2008”

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by Michael 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 … Read more

Wells Fargo Customers Have “Incorrect Balances And Missing Transactions” Due To An Absolutely Massive “Nationwide Computer Glitch”

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by Michael When it rains, it pours.  On the exact same day that we witnessed the second largest bank failure in U.S. history, Wells Fargo experienced an unprecedented nationwide computer glitch that caused countless numbers of account holders to have “incorrect balances” and “missing transactions”.  This is yet another example that demonstrates why it is never … Read more

The FED Is Breaking the Economy on Purpose

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by Chris Black The banking cabal ruling the world uses a very simple trick to dazzle the goyim: since they have total control over the money supply, i.e. they literally print money out of thin air via fractional reserve banking and QE, then they lend the money with interest, they are creating boom and bust … Read more