On the Nature of Things | Forum

https://news.crunchbase.com/venture/sil ... nk-impact/
Silicon Valley Bank Collapse Leaves Tech Industry Scrambling For Answers

Fun SVB Facts.

The Chief Administrative Officer of SVB was the CFO of Lehman Brothers

https://www.svbsecurities.com/team/joseph-gentile/

Prior to joining the firm in 2007, Mr. Gentile served as the CFO for Lehman Brothers’ Global Investment Bank where he directed the accounting and financial needs within the Fixed Income division.

The CEO of SVB was a director at the Fed reserve bank if San Francisco.

https://www.reuters.com/markets/us/ceo- ... 023-03-10/

CEO of failed Silicon Valley Bank no longer a director at San Francisco Fed

In February 2023 many executives of SVB sold substantial portions of their stock in the Bank.

Before the collapse of Silicon Valley Bank, executives sold a lot of their shares. #SVBCollapse #SVB

Gregory Becker, CEO, sold 11% on Feb 27, 2023.

Michael Zucker, General Counsel, 19% on Feb 5.

Daniel Beck, CFO, sold 32% on Feb 27.

Michelle Draper, CMO, sold 25% on Feb 1.

https://www.youtube.com/watch?v=1lxhNMfaXUM

1lxhNMfaXUM

WSJ | SVB, Signature Bank Depositors to Get All Their Money as Fed Moves to Stem Crisis

Regulators take control of a second bank and race to roll out emergency measures

Officials took the extraordinary step of designating SVB and Signature Bank as a systemic risk to the financial system, which gives regulators flexibility to guarantee uninsured deposits. The Federal Reserve and the Treasury Department also used emergency lending authorities to establish a new facility to help meet demands for withdrawals.

But don't call it a bailout . . .

A senior Treasury official said the steps didn’t constitute a bailout because stock and bondholders in SVB and Signature wouldn’t be protected.

Doc wrote: ↑Sun Mar 12, 2023 10:14 pm https://news.crunchbase.com/venture/sil ... nk-impact/
Silicon Valley Bank Collapse Leaves Tech Industry Scrambling For Answers

Fun SVB Facts.

The Chief Administrative Officer of SVB was the CFO of Lehman Brothers

https://www.svbsecurities.com/team/joseph-gentile/

Prior to joining the firm in 2007, Mr. Gentile served as the CFO for Lehman Brothers’ Global Investment Bank where he directed the accounting and financial needs within the Fixed Income division.

The CEO of SVB was a director at the Fed reserve bank if San Francisco.

https://www.reuters.com/markets/us/ceo- ... 023-03-10/

CEO of failed Silicon Valley Bank no longer a director at San Francisco Fed

In February 2023 many executives of SVB sold substantial portions of their stock in the Bank.

Before the collapse of Silicon Valley Bank, executives sold a lot of their shares. #SVBCollapse #SVB

Gregory Becker, CEO, sold 11% on Feb 27, 2023.

Michael Zucker, General Counsel, 19% on Feb 5.

Daniel Beck, CFO, sold 32% on Feb 27.

Michelle Draper, CMO, sold 25% on Feb 1.

https://www.youtube.com/watch?v=1lxhNMfaXUM

Come on

All this normal and legal

Insiders know days before BANG comin, and cash in as much they can .. legal and standard

and


FED again dropping money from Helicopter


https://www.marketwatch.com/story/silic ... =home-page

Silicon Valley Bank depositors will get ‘all of their money,’ regulators say

It's again : Heads You Lose, Tails I Win
.

Jacobin | Silicon Valley Bank’s President Pressed Lawmakers for Weaker Banking Regulations

And once again, the US taxpayers are left with the bill.

.

US National Debt Skyrockets Past $30 Trillion


https://www.improvethenews.org/story/20 ... medium=ppc


That National Debt is in sold T-bills

Those T-bills are basically less than 20 yrs bills .. probably 80% of them 10 yrs bills

Those bills sold on less than 2% yielding

Now they, priced to market, yielding 4%

Meaning those holding those $30 Trillion T-bills, if they have to liquidate now because they need money, would lose at least $ 10 Trillion.

Who is holding those T-Bills ?

Yes, true , Chinese, Japanese, Arabs, Europeans etc etc

But

At least "A Few Trillion Dollars" of those T-bills held by American banks .. they took the depositors money and bought those T-bills thinking they collect the 2% for Banks and depositors do not get much.

OK .. that works so long the banks do not need to sell those T-bills .. they can hold to them until maturity and cash the face value amount

But

If, suddenly , for any reason , the depositors need their money, Banks have to sell those T-bills to pay the depositors .. and .. take the loss

That is what is now happening with American banks .. American banks, in reality, in Trillions dollar loss

American Banks not anymore safe place for your money

--

FED now between a rock and a hard place

If interest rate raised , banks losses on held T-bills will explode

If Interest rate not raised, Inflation will wipe out the economy

--

What will happen now , what is ahead ?

Well, there too much money in the system, a lot of wealth was accumulated on BS stuff (dot.com style BS)

FED will calibrate things for "an orderly retreat"

One step up, two step down .. for long long time .. probably generation

To capitalize gains and socialize losses is ordinary Ponzi blood sucking leech business. That we taxpayers bail these crooks out, suffering inflation by printed money deprecating our savings, the guillotine of higher interest rates being the only cure... looks like social justice & karma.

Maybe we secretly admire successful thievery on that level; I don't have another explanation of why we let these crooks get away with hijacking our blood supply systems all the time.

A bankster-prankster mega-thief who escapes via a revolving backdoor and later returns in broad daylight as member of a regulatory body as if nothing happened... must have been forgiven by the gods completely! A hero…. a sorcerer of sorts. To pull such a thing off is real artistry.

"Risk management" is never altruistic. "Your money is safe in our hands, and we make it grow!" should ring loud alarm bells.

Possessing the ring... "my precious" creates temptations hard to resist and easily corrupts the soul.

https://www.youtube.com/watch?v=NB2CNr692RE

And the role of the Fed according to Ana:

Federal reserve :: Severe deferral

Creating more play time for the Ponzi olympics? Grow and grow... until too big to fail.