Yellen: ‘US WON’T Bailout Silicon Valley Bank’. Bonuses Given Hours Before Collapse! 50% of all VC-backed Startups in the U.S. Have Exposure to SVB. FDIC Auction Underway for Silicon Valley Bank

BREAKING: Janet Yellen says the government won't bail out Silicon Valley Bank.

— Genevieve Roch-Decter, CFA (@GRDecter) March 12, 2023

WILMINGTON, Del. (AP) — Treasury Secretary Janet Yellen said Sunday that the federal government would not bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money.

apnews.com/article/silicon-valley-bank-bailout-yellen-deposits-failure-94f2185742981daf337c4691bbb9ec1e?utm_campaign=SocialFlow&utm_source=Twitter&utm_medium=AP

Silicon Valley Bank gave company-wide bonuses hours before it collapsed: report

www.foxbusiness.com/politics/silicon-valley-bank-company-wide-bonuses-hours-before-collapsed-report

SVB collapse could add to China stock investors’ anxiety

finance.yahoo.com/news/svb-collapse-could-add-china-072834021.html

HERE IS THE SVB NEW HAMPSHIRE DRUG CARTEL CONNECTION – Video coming soon.
In 2021 SVB bought a Boston private equity firm registered in Concorde New Hampshire. Its the Drug Cartel money. They just grabbed $42 billion before they lost it. They know whats coming. pic.twitter.com/202fo4Sbml

— Brendon O'Connell (@brendon_connell) March 11, 2023

⚠️BREAKING:

*U.S. TREASURY SECRETARY YELLEN: CERTAINLY NOT LOOKING AT REPEATING BANK BAILOUTS OF PAST$DIA $SPY $QQQ $VIX pic.twitter.com/024mYYE5fn

— Investing.com (@Investingcom) March 12, 2023

If you banked with SVB, I would highly recommend you start making your coffee at home

— Kenny Lay (Parody) (@EnronChairman) March 12, 2023

Regulators are desperately trying to find a buyer for #SVB to get the bank out of receivership to protect depositors. When regulators put my bank into receivership several buyers quickly stepped forward to protect depositors, but Puerto Rican regulators refused to allow a sale.

— Peter Schiff (@PeterSchiff) March 12, 2023

Latest List of Companies With Silicon Valley Bank, $SIVB, Deposits:

1. Circle: $3.3 billion
2. Bill․com: $670 million
3. Roku: $487 million
4. BlockFi: $227 million
5. Roblox: $150 million
6. Sunrun: $80 million
7. Ginkgo Bio: $74 million
8. iRhythm: $55 million
9. Rocket Lab:… t.co/fvHvVrRyFk

— The Kobeissi Letter (@KobeissiLetter) March 12, 2023

Regulators are desperately trying to find a buyer for #SVB to get the bank out of receivership to protect depositors. When regulators put my bank into receivership several buyers quickly stepped forward to protect depositors, but Puerto Rican regulators refused to allow a sale.

— Peter Schiff (@PeterSchiff) March 12, 2023

BREAKING: FDIC auction for Silicon Valley Bank has kicked off with final bids due Sunday.

Who will it be? pic.twitter.com/sCS2gk5ZVw

— Genevieve Roch-Decter, CFA (@GRDecter) March 12, 2023

h/t DOORBERT