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RussBLib

(10,239 posts)

11. Whoever the Treasurer was for SVB

Reply to Renew Deal (Reply #8)

Sat Mar 11, 2023, 12:50 AM

Mar 2023

...fucked up pretty royally. I just hope we don't get a cascade of bankruptcies and mass layoffs because of this.

But my antenna is up on the topic of fraud. It's likely somebody made off with a ton of money.

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FDIC closes Silicon Valley Bank after bank fails to raise new capital [View all] progree Mar 2023 OP

Wasn't SVB linked to the Trump server (along with Russia's Alfa) bank during 2016 campaign? elias7 Mar 2023 #1

From what I've read it appears that inflation drove down the value of their bonds and then... Renew Deal Mar 2023 #2

As a former WaMu shareholder, I feel the pain of the SVB Financial shareholders. mahatmakanejeeves Mar 2023 #3

It's not up on the FDIC Failed Bank List yet OnlinePoker Mar 2023 #4

From CA Department of Financial Protection and Innovation usonian Mar 2023 #5

Crypto is killing actual banks? Warpy Mar 2023 #6

And apparently the CEO sold $3.5 million stock in the past two weeks leftieNanner Mar 2023 #7

This article explains some of it Renew Deal Mar 2023 #8

Thanks 😊 /nt progree Mar 2023 #9

Whoever the Treasurer was for SVB RussBLib Mar 2023 #11

I thought Dodd-Frank was supposed to fix this... LudwigPastorius Mar 2023 #10

Remember back when hundreds of banks violated securities laws? twodogsbarking Mar 2023 #12