SVB Chief Sold $3.6 Million in Stock Shortly Before Bank’s Collapse
Becker sold the shares in accordance with a trading plan filed on Jan. 26, a little over a month before the group sent a letter to stakeholders (pdf) saying it was looking to raise over $2 billion in capital after taking losses. WOKE BANK.
Signature Bank shut down as FDIC, Treasury, and the Fed cite ‘systemic risk’
Another big crypto bank has vanished, with the Treasury, FDIC, and Federal Reserve citing “systemic risk” at Signature, while promising Silicon Valley Bank depositors will have access to all of their funds on Monday.
BREAKING: "Big Short" Investor Michael Burry Tweets Ominous Warning As Bank Failures Pile Up
https://trendingpoliticsnews.com/breaking-big-short-investor-michael-burry-tweets-ominous-warning-as-bank-failures-pile-up/?utm_source=trendingpolitics&utm_medium=klaviyo&_kx=BUd-fF0qqO5t5QQq33S_mZE9J8ndIrMUyntNt1dUzFY%3D.XhZFkN
SVB Collapse: "Big Short" Burry Accuses Regulators of Rewarding "Greed"
https://share.newsbreak.com/3annqsnm
SPEND, SPEND WHILE BANKS FALL, KIDS NOT ADULTS, ILLEGALS HAVE KIDS.
Biden's 2024 budget proposes up to $300 per month per child for families in Ohio
https://share.newsbreak.com/3anot7b8
Regulators Announce Closure of NY’s Signature Bank, Which Held Significant Crypto Stakes
https://www.theepochtimes.com/regulators-announce-closure-of-nys-signature-bank-which-held-significant-crypto-stakes_5117763.html?utm_source=Morningbrief&src_src=Morningbrief&utm_campaign=mb-2023-03-13&src_cmp=mb-2023-03-13&utm_medium=email&est=DuNLBQF6RbFBn%2FNVm418OmxsQlZ1%2FKE18o21doAsFfync1WBKtkTdPh5%2FcQ%3D
STORMS
Millions of Americans Bracing for Potential ‘Major’ Nor’easter Storm
https://www.theepochtimes.com/millions-of-americans-bracing-for-potential-major-noreaster-storm_5117409.html?utm_source=Morningbrief&src_src=Morningbrief&utm_campaign=mb-2023-03-13&src_cmp=mb-2023-03-13&utm_medium=email&est=V2OQVC4oNfjE6IVsi2qcPR8BFYSJFqHjQOsKL4wpDCSKzJP9LMSujvb4XPQ%3D
SVB Chief Sold $3.6 Million in Stock Shortly Before Bank’s Collapse
Becker sold the shares in accordance with a trading plan filed on Jan. 26, a little over a month before the group sent a letter to stakeholders (pdf) saying it was looking to raise over $2 billion in capital after taking losses. WOKE BANK.
https://www.theepochtimes.com/svb-chief-sold-3-6-million-in-stock-shortly-before-banks-collapse_5116110.html?utm_source=Morningbrief&src_src=Morningbrief&utm_campaign=mb-2023-03-13&src_cmp=mb-2023-03-13&utm_medium=email&est=D%2Bhl4Nf8BhVzBpEdef5vGfU6LaX21NkVyCmKdDUG3DzCcctKRVaGMnjxWUw%3D
WHAT ABOUT ALL BANKS?
Government Steps In With Plan to Protect All Deposits at Silicon Valley Bank
https://www.theepochtimes.com/government-steps-in-with-plan-to-protect-all-deposits-at-silicon-valley-bank_5117661.html?utm_source=Morningbrief&src_src=Morningbrief&utm_campaign=mb-2023-03-13&src_cmp=mb-2023-03-13&utm_medium=email&est=oJ3mui7Pnt5VNqpauRnQkTq07NhB12Y2NGqZFs7F1emspxq5UY4%2FfztzIoQ%3D
More Banks Will Fail Like Silicon Valley Bank, Former FDIC Chair Predicts
https://www.newsweek.com/more-banks-will-fail-like-silicon-valley-bank-former-fdic-chair-predicts-1787189?amp=1
SPEND, SPEND WHILE BANKS FALL, KIDS NOT ADULTS, ILLEGALS HAVE KIDS.
Biden's 2024 budget proposes up to $300 per month per child for families in Ohio
https://share.newsbreak.com/3anot7b8
USDC Holders Panic Sell Amid Solvency Concerns MARCH 10https://blockchain.news/postamp?id=usdc-holders-panic-sell-amid-solvency-concerns
DON'T TRUST CLOSED DOORS
U.S. Federal Reserve governors to hold closed-door Monday
https://share.newsbreak.com/3annzvp2
CEO of failed Silicon Valley Bank no longer a director at SF Fed
https://share.newsbreak.com/3annl5g6
Oh, So That's the Key Position Silicon Valley Bank Did Not Fill For Eight Months
LINKS
https://townhall.com//tipsheet/mattvespa/2023/03/13/could-this-be-why-silicon-valley-bank-collapsed-n2620508?utm_source=thdaily&utm_medium=email&utm_campaign=nl&bcid=b6c7e45517db205a05162beabba5ffc9f83c07f7150c95a1c12011e266a2de8c&recip=19488896
SVB had no official chief risk officer for 8 months
LINKS
https://fortune.com/2023/03/10/silicon-valley-bank-chief-risk-officer/
NO TAXPAYER BAIL OUT, WHERE HAVE WE HEARD THAT BEFORE? CLOSED DOOR MEETINGS?
WHAT DO YOU CALL $25 BILLION? BANK BAILOUT.
Biden Weighs in on the Silicon Valley Bank Collapse
https://townhall.com//tipsheet/katiepavlich/2023/03/13/biden-weighs-in-on-the-silicon-valley-bank-collapse-n2620522?utm_source=thdaily&utm_medium=email&utm_campaign=nl&bcid=b6c7e45517db205a05162beabba5ffc9f83c07f7150c95a1c12011e266a2de8c&recip=19488896
CORPS DO 2 THINGS, FLEE COUNTRY, OR RAISE COSTS. THEY DON'T PAY TAXES, YOU PAY TAXES.
Joe Biden Aims to Mirror Blue State Taxes on Rest of Country
https://www.patrioticviralnews.com/articles/joe-biden-aims-to-mirror-blue-state-taxes-on-rest-of-country/
Biden Administration Fights 50 Million American Citizens Who Own BTC
https://cryptogazette.com/biden-administration-fights-50-million-american-citizens-who-own-btc/
PAY YOUR OWN STUDENT LOAN, OR SERVE IN THE MILITARY LIKE MANY DO.
SoFi Is Suing the Biden Administration to Try to Avoid Tens of Millions in Losses
SoFi recently sued the Biden administration due to its decision to extend the student loan moratorium for the eighth time.
https://share.newsbreak.com/3anlruc1
FOREX-Dollar slides as U.S. intervenes on SVB collapse
WHAT DO YOU CALL $25 BILLION? BANK BAILOUT.
https://www.nasdaq.com/articles/forex-dollar-slides-as-u.s.-intervenes-on-svb-collapse
https://cointelegraph.com/news/us-fed-announces-25b-in-funding-to-backstop-banks/amp
Stocks week ahead: US banks sitting on unrealized losses of $620 billion
https://www.cnn.com/2023/03/12/investing/stocks-week-ahead
Signature Bank shut down as FDIC, Treasury, and the Fed cite ‘systemic risk’
Another big crypto bank has vanished, with the Treasury, FDIC, and Federal Reserve citing “systemic risk” at Signature, while promising Silicon Valley Bank depositors will have access to all of their funds on Monday.
https://www.theverge.com/2023/3/12/23636780/crypto-collapse-fdic-treasury-shut-down-signature-bank
Wall Street's 4 top banks just had $55 billion wiped off their market value in a single day
https://share.newsbreak.com/3anly8t7
NEXT DOMINO?
Community Bank System Enters Oversold Territory
https://www.nasdaq.com/articles/community-bank-system-enters-oversold-territory
Crypto's bedrock bank implodes
Silvergate underpinned almost every American crypto company.
https://www.axios.com/2023/03/11/cryptos-bedrock-bank-implodes
Biden’s $5 trillion tax gambit catches Congress by surprise
https://share.newsbreak.com/3ankq9mm
Signature Bank shut down in connection with Silicon Valley Bank collapse
https://www.foxbusiness.com/economy/signature-bank-shut-down-connection-silicon-valley-bank-collapse
Robert Kiyosaki Warns of Another Bank Crashing Amid Recent Fallout
https://thenewscrypto.com/robert-kiyosaki-warns-of-another-bank-crashing-amid-recent-fallout/
Macro Economist Henrik Zeberg Warns Worst Market Crash Since 1929 Incoming
https://dailyhodl.com/2023/03/12/macro-economist-henrik-zeberg-warns-worst-market-crash-since-1929-incoming/amp/
Cost of living crisis: Shopper left frustrated after buying just eight items for $45 from Aldi
https://share.newsbreak.com/3ank0p1a
Some Democrat-donor investors furious over Biden’s handling of SVB
https://share.newsbreak.com/3anjruaf
After Silicon Valley Bank failure ‘there’s going to be more,’ warns former FDIC Chair William Isaac
https://share.newsbreak.com/3anjoz6k
Biden Administration Proposes Billions in Funding for Indo-Pacific Region to Counter China's Influence
https://share.newsbreak.com/3anjdrrf
Biden Administration Proposes Billions in Funding for Indo-Pacific Region to Counter China's Influence
https://share.newsbreak.com/3anjdrrf
Solar firms Sunnova and Sunrun shed light on exposure to Silicon Valley Bank
https://m.investing.com/news/stock-market-news/solar-firms-sunnova-and-sunrun-shed-light-on-exposure-to-silicon-valley-bank-3027954?ampMode=1
Biden budget includes $24 billion for conservation, resilience
https://www.cnbc.com/2023/03/09/bidens-budget-proposal-calls-for-boosting-climate-resilience-funding.html
Our little Krogers is not usually crowded on a Monday, people had buggy loads. Same for the weekend, nothing special on sale either.