Page 4 of 6 FirstFirst 123456 LastLast
Results 31 to 40 of 51

Thread: SVB - second largest FDIC insured bank failure since WaMU

  1. #31

    Default

    nasdaq halted trading of many banks
    https://www.nasdaqtrader.com/trader.aspx?id=tradehalts

  2. #32

    Default

    Winners & future Losers
    OR, My bigger question is does that above and beyond $250K Gubmint Guarantee apply to all bank $$$ interventions.

    HOW IMPORTANT ARE THE GOVERNMENT GUARANTEES?

    They're very important. Legally, the FDIC is required to pursue the cheapest route when winding down a bank. In the case of Silicon Valley or Signature, that would have meant sticking to rules on the books, meaning that only the first $250,000 in depositors' accounts would be covered.

    Going beyond the $250,000 cap required a decision that the failure of the two banks posed a “systemic risk." The Fed's six-member board unanimously reached that conclusion. The FDIC and the Treasury Secretary went along with the decision as well.

    https://currently.att.yahoo.com/fina...171836730.html
    1835 Andrew Jackson had US debt at ZERO $0
    175 YEARS later .......
    2008 Owebama started at $10 TRILLION, left 2016 at $20 TRILLION
    So from 2008 - 2021 (13 years) added $20 TRILLION

    https://youtu.be/1kuTG19Cu_Q

  3. #33

    Default

    Imagine all conspiracies are just covering up their banking system is collapse because the system both hardware and software are in failure just like any aging system.

    Every conspiracy is just making people feel confident they are in control is just psyop. They cannot even fix their mobile phone and just replace it and so if they cannot replace their expensive mega IBM servers running these system, they collapse and they make up stories saying the numbers dissapear bc of phantom hackers or bank run. How can bank run when every bank can print money out of nothing daily? At the start, they already do not bother if they can be repaid.

    The only need Hollywood script writers to cook fancy stories for all to listen also free conspiracies stories that made up like Tom Cruise Mission Impossible movies. That is also why they took 50 years to design and replace it with newer internet solutions where all data centre collective could outlive the lifespan of existing IBM server farms for banking.
    He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors. ~ Thomas Jefferson

  4. #34

    Default

    The Banking Education of Barney Frank
    The Dodd-Frank author has a Signature failure moment.


    https://www.wsj.com/articles/barney-...arren-d1588178



    By The Editorial BoardFollow
    March 13, 2023 6:33 pm ET

    WSJ Opinion: Policy Mistakes Drove the Silicon Valley Bank Panic

    While politicians, the Fed and Treasury will try to blame bankers for the latest financial mess, they are as much, if not more, culpable. Images: Zuma Press/AFP/Getty Images Composite: Mark Kelly
    Life is full of irony, but it’s hard to think of a richer one than Barney Frank sitting on the board of the failed Signature Bank. The former Congressman who was the scourge of Wall Street, the co-author of the Dodd-Frank Act that was supposed to keep the banking system safe, wasn’t able to prevent his bank from becoming one of the first casualties of the latest bank panic.

    It’s amusing to think of Mr. Frank cashing a check as a bank director, but then even left-wing former Congressmen have to make a living. And in Mr. Frank’s case it has been a nice one, with cash compensation of $121,750 and stock awards of $180,182 in 2022 alone. He’s been on the board since 2015. Perhaps out of office and late in life, Mr. Frank developed a strange new respect for capitalism.
    What's the Frequency, Kenneth?

    432Hz

  5. #35

    Default



    https://http://www.nationalreview.com/news/y...-by-u-s-banks/
    Yellen Admits CCP-Linked Silicon Valley
    Depositors Will Be Bailed Out by U.S. Banks
    National Review, by Ari Blaff
    Posted By: Dreadnought, 3/16/2023 2:12:23 PM
    Treasury Secretary Janet Yellen admitted during a Thursday Congressional hearing that Chinese Communist Party-linked businesses that had deposits in Silicon Valley Bank (SVB) will be made whole by the American banking system. Senator James Lankford (R., Okla.) pressed Yellen on the matter during a Senate Finance Committee hearing held days after Silicon Valley Bank collapsed. “It has been reported publicly that SVB had a large number of Chinese investors that are there, including some companies that were directly connected to the Chinese Communist Party,” Lankford said. “So what I’m asking is: will my banks in Oklahoma pay a special assessment to be able to make Chinese investors whole in Silicon Valley Bank?”
    What's the Frequency, Kenneth?

    432Hz

  6. #36

    Default

    All the spouting about the "Taxpayer" not footing the bill for these bank's failures should form a pattern
    that carries over into the Utility company arena. Meaning if there is a cold snap, the utility company should
    absorb the cost and not be able to pass increases to it's customer base either. (Thinking back a bit about the
    extreme cold snap that frosted Texas 2 winters back) those increases are still published on my bills today, just saying.
    You know those costs will be circular and will arrive at the Taxpayer's pocketbook in some manner.

    And on a bit different note, https://ncua.gov/newsroom/press-rele...idation-notice
    Last edited by vertical1; 03-17-2023 at 08:37 AM.
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  7. #37

    Default Red meat for the conspiracy theorists

    Red meat for the conspiracy theorists -

    https://alt-market.us/get-woke-go-br...conomic-forum/
    “The Federal Reserve is not currently forecasting a recession.”
    Fed Chairman Ben Bernanke, January 2008
    This is no longer posted in the Fed Minutes of January 2008, but still quoted here - https://www.nbcnews.com/id/wbna22592939. The FOMC minutes still quote MR. Reifschneider. as stating the same thing.

  8. #38

    Default

    Quote Originally Posted by SilverPalm View Post
    Red meat for the conspiracy theorists -

    https://alt-market.us/get-woke-go-br...conomic-forum/
    Never mind them all being involved with Epstein.
    What's the Frequency, Kenneth?

    432Hz

  9. #39

    Default

    "Be the bank" -- Yankee Stacking @ youtube
    Do your own due diligence

    I stand united with my friends & family in Canada who seek freedom.

  10. #40

    Default

    it is funny the collapsing bank held TREASURIES and Collateral backed " SAFE " stuff !!!! the SUMMIT of papersecurity !!! and had to sell it at cents to the dollar.... Strange situation, who started the RUN ? I.E. was pulling the carpet from under their feet?

    That RUN which forced them to SUDDENLY sell huge amounts of PRIME stuff at a give away price is wondering me, it smells a well executed plan... That cannot be somebody else butt he club of MASTER members or one of the powerful members of the club who isn't pleased with the way Central banks run the circus.

    Golditiki2+++ .

Page 4 of 6 FirstFirst 123456 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •