One Bank Folds, Another Wobbles and Wall Street Asks If It’s a Crisis – ‘Silicon Valley Bank Is Just The Tip of the Iceberg’… UPDATE: Silicon Valley Bank Has Failed, FDIC Takes Over!

Update: BREAKING: Silicon Valley Bank is shut down by regulators, FDIC to protect insured deposits https://t.co/fW1tTq3EKD — CNBC Now (@CNBCnow) March 10, 2023 via Bloomberg: Silvergate Capital Corp.’s abrupt shutdown and SVB Financial Group’s hasty fundraising have sent US bank stocks …

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Another recession indicator…

by Infamous_Sympathy_91 WARNING: the Money Supply is officially contracting. 📉 This has only happened 4 previous times in last 150 years. Each time a Depression with double-digit unemployment rates followed. 😬 pic.twitter.com/j3FE532oac — Nick Gerli (@nickgerli1) March 8, 2023  

Color Revolution in Georgia

by Chris Black Georgia recently passed a law that requires foreign-funded NGOs and media organizations to register as foreign agents. Now the country is filled with (totally organic) Leftist rioters, who are literally protesting for right of Globalist NGOs to …

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This Is It. This Is the Line

by Chris Black Here, you literally have degenerate mutants throwing down the gauntlet, demanding they have the right to rape and mutilate your children in the name of their death cult. And what is their greatest fear? They tell you …

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FICC – MBS Alert! FICC has been notified of Credit Suisse Securities (USA) LLC’s intent to close its FBMA, FBEG, FBEI, FBEP, & FBFC Clearing and EPN accounts effective March 24, 2023.

by Dismal-Jellyfish https://www.dtcc.com/-/media/Files/pdf/2023/3/9/MBS1200-23.pdf ELECTRONIC POOL NOTIFICATION (EPN) Agency mortgage-backed securities trades that are submitted to Fixed Income Clearing Corporation (FICC) for processing are traded on a “to-be-announced” or TBA basis. While some of these are “specified pool trades” (transactions based …

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Global Banking Collapse Has Begun

by Chris Black For you zoomers too young to remember 2008, this is how it starts: When the SEC calls around, it’s usually too late already. This is basically a slow motion mathematical train wreck. There’s always the possibility of …

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Is JP Morgan good? Request an order to permit certain registered closed-end management investment companies to issue multiple classes of shares and to impose early withdrawal charges and asset-based distribution and/or service fees with respect to certain classes.

by Dismal-Jellyfish Source: https://public-inspection.federalregister.gov/2023-04866.pdf An order granting the requested relief will be issued unless the Commission orders a hearing. Interested persons may request a hearing on any application by emailing the SEC’s Secretary at Secretarys-Office@sec.gov and serving the relevant applicant with a copy of …

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Liabilities and Capital: Liabilities: Earnings Remittances Due to the U.S. Treasury (-39.774 billion as of 3/8/2023)–Let’s talk about the Fed’s cumulative losses.

by Dismal-Jellyfish Good afternoon, resident jellyfish here! I hope everyone is enjoying a great Thursday. I want to take a minute to discuss a graph I am sure is going to catch some folks attention pulled from today’s H.4.1 release: https://fred.stlouisfed.org/series/RESPPLLOPNWW …

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There Goes What’s Left of the Economy

by Chris Black Remember how they used to say that “elections have consequences”? Well, stolen elections also have consequences, and “it” just hit the fan: These alleged people fail to realize that all money is on a computer, and they …

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Huge layoffs coming at GM…

via CNBC: DETROIT – General Motors will offer voluntary buyouts to a “majority” of its 58,000 U.S. white-collar employees, as it aims to cut $2 billion in structural costs over the next two years, according to a letter sent to …

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Invasions Are Okay When We Do Them: U.S. Occupation of Syria Will Continue . . . . . . Here Are the 56 Democrats and 47 Republicans Who Voted to Withdraw U.S. Soldiers from Syria

via globalresearch: The sudden unannounced arrival of the top US military officer General Mark Milley, chairman of the Joint Chiefs of Staff, at a dusty American base in Syria’s remote northeast on Friday may call to mind a famous quote by Dick Cheney, …

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