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Old 11-03-2023, 04:27 PM #1
arista's Avatar
arista arista is offline
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Join Date: May 2006
Posts: 184,017
arista arista is offline
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Join Date: May 2006
Posts: 184,017
Default USA :SVB Bank & Signature Bank have gone under (UK Division bought for one pound)

Up to $85,000
could be withdrawn
so yesterday, very fast rush to get that out


[Roku held nearly $500 million at Silicon Valley Bank
and does not know if it will recover the funds]


CNN Business


Terrible, it started on a Friday
letting Monday Banks Worldwide Panic.


[Silicon Valley Bank fails in
largest bank collapse since 2008 crisis

USA regulators seize SVB’s assets
after a run on the bank,
as global institutions monitor situation closely]

https://www.theguardian.com/business...hares-sell-off



[Silicon Valley Bank CEO Greg Becker
sold $3.6 million of company stock
under a trading plan less than
two weeks before the firm disclosed
extensive losses that led to its failure]

You Ass Wipe Greg Becker

Last edited by arista; 13-03-2023 at 05:19 PM.
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