I do believe that is the case with many of these "odd" financial happenings. It's like a game of musical chairs, the white hats stop the music and then see where everyone scatters.
That's a great point. Could be possible majority are just shell companies. Just get a website, some bullshit documents, and have all the laundered cash put in to appear as sales or other revenue.
Maybe it's an EO taking the cash, or bad actors have other assets frozen so are being forced to raid their piggy banks = fake start ups.
A legal, regulatory confiscation of bank assets wouldn't touch customer deposits, so I don't think so.
I think this is the bank getting caught with their pants down, treating deposits as a slush fund as part of their normal operations. Usually they'd get away with it, with inflated claims of asset value and plenty of time to bring it back up to market. The audit might be driven by white hats, but it doesn't look like a forfeiture to me.
Hold your laughter. All these liberal scum are going to have their hands out next week for a bailout likely paid for by… you and I. We’re funding the people that hate us.
Clearly swalwell had some tucked away. I would love to hear that the Ukrainian kickbacks were being funneled back to the USA via SVB. Those diamonds must also be returned.
And while people are talking about the bailout - do they talk about an investigation? Or they want to bailout the bank and no one will ever wonder where the money went?
If you read the WSB thread, SVB was conservative in its investments. This is mostly due to the Illegitimate Biden regimes reckless spending and interest rate policies.
Did anyone see the twit Elon Musk responded too in the comments? I took a screen shot but don’t know how to post it.
Basically a blue checkmark buy the name of Andrew Cur… posted a screen shot of Min-Liang Tan saying “I think Twitter should buy SVB and become a digital bank.” And Elon says “I'm open to the idea”
I have a friend in a startup company. That company has their entire cash holdings locked up in SVB. The company isn't sure how they are going to pay their employees, and he's worried too.
I dunno, I've been laughing over the Meghan and Harry thing, and this Vox media thing ... but the day is coming when it's OUR banks that shut down and OUR money that goes poof, and karma gonna bite us all in the ass for laughing. So, I will continue laughing but it's kind of a nervous laugh at this point.
That’s literally the plan and needs to happen while Biden is still in there. Why would Trump even attempt to take back the White House before a global financial collapse occurred. Sole reason they dumped the 2020 election back to the cabal in the first place. This is literally a game of hot potato with the petro dollar and world reserve currency.
If you have your cash savings in anything besides multiple credit unions I would start transferring out 7am EST mon morning. The run is likely upon us this spring. Talk to others in your community to find a CU that suits you best.
Agree, fortunately I pulled my savings cash out back in January when I heard about the FDIC November meeting that was discussing how they were going to do the bank bail-ins. I still have checking though.
Why can’t these people and companies just transfer the funds digitally to a different branch? Is it really shut down like that to where they won’t let them transfer numbers on a screen?
Food for thought: what if this is Trumps executive order confiscating the assets of human traffickers?
I do believe that is the case with many of these "odd" financial happenings. It's like a game of musical chairs, the white hats stop the music and then see where everyone scatters.
That's a great point. Could be possible majority are just shell companies. Just get a website, some bullshit documents, and have all the laundered cash put in to appear as sales or other revenue.
Maybe it's an EO taking the cash, or bad actors have other assets frozen so are being forced to raid their piggy banks = fake start ups.
This is GME taking down the entire rigged system brick by brick.
A legal, regulatory confiscation of bank assets wouldn't touch customer deposits, so I don't think so.
I think this is the bank getting caught with their pants down, treating deposits as a slush fund as part of their normal operations. Usually they'd get away with it, with inflated claims of asset value and plenty of time to bring it back up to market. The audit might be driven by white hats, but it doesn't look like a forfeiture to me.
Tinfoil hat time!
The hedge funds for GME were using SVB cash and apes won!
Ahh... We'll need some ape brains to weigh in... Is it mark-to-margin time again? I like your take!
Ooh, good eyes, frog 🐸
Yes! EO 13818
https://www.govinfo.gov/app/details/DCPD-201700923
LEL. Is it too much to hope that Reddit banked there?
I wish.
Then Trump could buy Reddit and merge it with Truth lolol
Hold your laughter. All these liberal scum are going to have their hands out next week for a bailout likely paid for by… you and I. We’re funding the people that hate us.
Clearly swalwell had some tucked away. I would love to hear that the Ukrainian kickbacks were being funneled back to the USA via SVB. Those diamonds must also be returned.
Getting to the point where its a pile of diamonds needing to be returned..
And while people are talking about the bailout - do they talk about an investigation? Or they want to bailout the bank and no one will ever wonder where the money went?
If you read the WSB thread, SVB was conservative in its investments. This is mostly due to the Illegitimate Biden regimes reckless spending and interest rate policies.
https://reddit.com/r/wallstreetbets/comments/11obkuc/why_svb_is_just_the_beginning_analysis_of_the/
They were heavily into US treasuries, so when interest shot up 6% their losses were massive.
Or big tech correction? Remember B.S. market value increases post Jan 2021.
Did anyone see the twit Elon Musk responded too in the comments? I took a screen shot but don’t know how to post it.
Basically a blue checkmark buy the name of Andrew Cur… posted a screen shot of Min-Liang Tan saying “I think Twitter should buy SVB and become a digital bank.” And Elon says “I'm open to the idea”
I mean it would be better than using taxpayer money to do it…
You play stupid games, you win stupid prizes…
Learn to code
Darn.
Initiate the Zelensky Grift protocol
just read Harry and meghan had millions there and Oprah had half a Billion.
hahaha.
I have a friend in a startup company. That company has their entire cash holdings locked up in SVB. The company isn't sure how they are going to pay their employees, and he's worried too.
Resume: Wrote biased bullshit fox Vox Worked woke, now broke
Wot ? no crypto in the mix ?
Biden bailout incoming?
"HAD a substantial portion.." doesn't have shit now🤣🤣
I dunno, I've been laughing over the Meghan and Harry thing, and this Vox media thing ... but the day is coming when it's OUR banks that shut down and OUR money that goes poof, and karma gonna bite us all in the ass for laughing. So, I will continue laughing but it's kind of a nervous laugh at this point.
Our money has already gone poof and what you see is a blizzard of green flakes... 🤔
That’s literally the plan and needs to happen while Biden is still in there. Why would Trump even attempt to take back the White House before a global financial collapse occurred. Sole reason they dumped the 2020 election back to the cabal in the first place. This is literally a game of hot potato with the petro dollar and world reserve currency.
If you have your cash savings in anything besides multiple credit unions I would start transferring out 7am EST mon morning. The run is likely upon us this spring. Talk to others in your community to find a CU that suits you best.
Agree, fortunately I pulled my savings cash out back in January when I heard about the FDIC November meeting that was discussing how they were going to do the bank bail-ins. I still have checking though.
Spreading some love I see 🤣🤣🤣
Don't worry, Comcast has plenty of cash to keep the propaganda flowing.
Why can’t these people and companies just transfer the funds digitally to a different branch? Is it really shut down like that to where they won’t let them transfer numbers on a screen?
And here's an article to back what my friend personally experienced
https://techcrunch.com/2023/03/09/silicon-valley-back-withdrawal-issues/
From what I heard, they stopped transfers on Friday. But transfers from Thursday still went through.