Buckle Up: Silicon Valley Bank Seized by the Fed

SomeSoldier

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This whole thing stinks of corrupt bullshit. Why was there so much money in this one bank?

Less than 5% were at or under the FDIC $250,000 limit.

Let that sink in. Read it again.

CIA money laundering bank?

Epstein client list bank? We know Ophra was a client.

DNC, donor bank?

Why else would the dems protect every penny?

If it was Trump's money or any other patriots' millions they would be told to pound sand.

Chalk another one up for the Xiden scandles side of the scoreboard.
 
Plater1

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I am a little concerned this may spread to smaller banks(like mine)?

thepostmillennial.com

Signature Bank de-banked Trump after Jan 6—now the regulators have shut them down

On January 12, 2021, the bank told The New York Post that it had begun the process of closing Trump’s two personal accounts and “will not do business in the future with any members of Congress who voted to disregard the Electoral College.”
thepostmillennial.com thepostmillennial.com
 
SomeSoldier

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Drinkthekoolaid

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SomeSoldier said:
This whole thing stinks of corrupt bullshit. Why was there so much money in this one bank?

Less than 5% were at or under the FDIC $250,000 limit.

Let that sink in. Read it again.

CIA money laundering bank?

Epstein client list bank? We know Ophra was a client.

DNC, donor bank?

Why else would the dems protect every penny?

If it was Trump's money or any other patriots' millions they would be told to pound sand.

Chalk another one up for the Xiden scandles side of the scoreboard.
Click to expand...


They're protecting this bank because they always look after and protect the rich.

If the rich panic and start pulling their money (above the 250k protected limit) out of banks it will cause a cascading bank failure.

The little guys get screwed while daddy gov protects the rich, corrupt, politicians, money launderers, and those with influence.

The government wants to make sure none of the important people are left holding the bag when the music stops.

Hypothetically if this was the "tri county savings bank" they would let that shit rot, sorry guys you're SOL. but nope not here. Gotta protect the whales so they don't all pull their money and collapse the system.

It sucks
 
Drinkthekoolaid

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SomeSoldier said:
Find a bank that isnt woke.
Click to expand...

I do all my banking with a local bank and community credit union.

I do not use any bank that is even regional. I have very small banks and I'm glad. I just looked it up and I think my bank only has 18 branches total all in wny.

I don't want a woke national bank. No thanks.
 
SomeSoldier

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Drinkthekoolaid said:
I do all my banking with a local bank and community credit union.

I do not use any bank that is even regional. I have very small banks and I'm glad. I just looked it up and I think my bank only has 18 branches total all in wny.

I don't want a woke national bank. No thanks.
Click to expand...

I have plans to pull my money from USAA because they are going woke. There is a new bank opening soon that I will start to move over to.
 
DoOver

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Tim Pool

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here it fucking goes
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JUST IN - First Republic Bank plunges 66.6% in pre-market.


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DoOver

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Barney Frank, the Namesake of the Behemoth Dodd-Frank Legislation, on Board of Failed Signature Bank​

Signature Bank, the firm that went under over the weekend, has an expert on its Board of Directors – Barney Frank.

Barney Frank was the US Rep behind the Dodd-Frank bill put in place after the 2008 bank crash. The government arguably caused the failure and then turned around and put in a massive amount of regulations in response to the failure.

The monstrosity was the Dodd-Frank bill, named in part for Barney Frank.

www.thegatewaypundit.com

Barney Frank, the Namesake of the Behemoth Dodd-Frank Legislation, on Board of Failed Signature Bank | The Gateway Pundit | by Joe Hoft

Signature Bank, the firm that went under over the weekend, has an expert on its Board of Directors - Barney Frank.
www.thegatewaypundit.com www.thegatewaypundit.com
https://widget.adcovery.com/wc/3600/13529/15898/15898,15027,15763.html
 
Saltwater60

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DoOver said:

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BREAKING: U.S. Treasury announces it will back Silicon Valley Bank deposits beyond the federally insured ceiling of $250,000.

nbcnews.com
Treasury says it will back Silicon Valley Bank deposits
The bank, a favorite of tech startups, was shut down Friday amid a run on deposits. A buyout was widely seen as the best solution amid an unsure sector.

6:33 PM · Mar 12, 2023
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Yeah we mentioned this earlier today. If the bank was losing so much money how did this happen? What are those assists and when the feds take them over and sell them will they really get the money back? Will the feds make money off of this? Are they seizing assets to make money and gain control? This is weird to me and doesn’t sit right. They were in the green on assets of 34 billion. I get they were losing and bleeding money but a $34 billion dollar loss is hefty. Also keep in mind they invested heavily in government bonds. Why? It’s a tech start up bank investing in bonds seems weird to me.
the country’s 16th largest — which had $209 billion in assets and more than $175 billion in deposits.
 
DoOver

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Saltwater60

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The bank in NYS also had $22 billion in assets above deposits. Again I’ll ask what happened to those assets? Does NYS just keep them after paying back deposits?

Signature Bank failure: Gov. Kathy Hochul tries to reassure depositors after NY Department of Financial Services takeover | abc7ny.com

Gov.%20Kathy%20Hochul%20sought%20to%20reassure%20depositors%20Monday%20after%20Signature%20Bank%2C%20a%20New%20York%20based%20financial%20institution%20was%20closed%20by%20state%20authorities.
abc7ny.com abc7ny.com
 
John Stark

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It ought to be noted that we have truly come full circle now.

It has always been my view that Operation WuFlu was launched in late August/early September of 2019, months before almost anyone ever heard of SarsCov2.

All of the Big Banks, foreign and not just domestic, were getting bailed out by the Fed to the tune of trillions starting in September 2019, and were still getting bailed out in February/March of 2020 when WuFlu panic and then the lockdowns began.

The bailouts were obviously coordinated worldwide; they had to be, given the number of big players that were involved in giving and receiving the multiples of trillions that were being "infused" into the Big Banks.

The WuFlu panic and lockdowns were likewise a coordinated effort. Nearly every nation (with an exception of many African nations) went full-on Nazi tactics for 3 years, all of them insisting on lockdowns, business closures, masks, vax mandates, cancel culture, mass censorship of anyone questioning the narrative, CONCENTRATION CAMPS, destruction of businesses and wealth, families being unable to see loved ones or to properly bury their dead, the closure of churchs, public parks, people being fired from their jobs, mass riots and burning of cities, etc. The lists goes on and on.

Oddly enough, it was mostly only Big Corporate (stores and services) that were allowed to be open and reap huge profits, and almost all of them went right along with the WuFlu tyranny.

Do the math. 2+2=4

The last 5 years have been a coordinated, world wide effort to cause mayhem (financial, societal, cultural, etc.,), with the vultures waiting in the wings to buy up distressed assets and a massive surge in the power of bureaucrats and so-called "eleceted representatives" and "public servants" wielding vast power over the rest of us, to our great detriment.

Its not conspiracy theory. Its conspiracy fact.

And yet, there has been zero response or retribution from those who were the target of the attack: the People.

Meanwhile, we have Branch Covidians and Vaxholes coming out with their useless fucking apologies about "how they were wrong" and "oops sorry."

Its fucking pathetic.
 
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