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”
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…