#BankCollapse #SVBank #FauxNews #Disinformation
Silicon Valley Bank donated zero dollars to Black Lives Matter

"Tuesday night on Fox News, host Jesse Watters asserted that Silicon Valley Bank (SVB) "donated $74 million to Black Lives Matter." That was why, Watters claimed, federal regulators did not pursue more aggressive oversight of SVB's business practices."
https://popular.info/p/silicon-valley-bank-donated-zero

Silicon Valley Bank donated zero dollars to Black Lives Matter

Tuesday night on Fox News, host Jesse Watters asserted that Silicon Valley Bank (SVB) "donated $74 million to Black Lives Matter." That was why, Watters claimed, federal regulators did not pursue more aggressive oversight of SVB's business practices. According to this theory, SVB was treated with kid gloves because it was "woke."

Popular Information
This sensible #nytimes article about the #SVBank problems shows just how ignorant and inept #GOP leaders are when it comes to basic economics. They see the world as children do, and haven't a clue how things really work. Where are the Republicans of old? https://www.nytimes.com/2023/03/15/us/politics/silicon-valley-bank-collapse-woke-fact-check.html
No, Diversity Did Not Cause Silicon Valley Bank’s Collapse

Blaming workplace diversity or environmentally and socially conscious investments for the firm’s downfall signals a “complete lack of understanding of how banks work,” one expert said.

The New York Times

"Silicon Valley wouldn’t have been Silicon Valley in the same way without a Silicon Valley Bank," VCs, startups and others told my colleagues and me. Can any other bank fill the void?

https://www.marketwatch.com/story/silicon-valley-needs-a-bank-19cf6f0c

#SVBank #siliconvalley #banking #tech #VCs #startups

Startups, VCs need another Silicon Valley Bank. Can other banks fill the void?

‘They understood our business better than anyone else’

MarketWatch
Tell your finance teams to be wary, people. The scammers are out in force around the #SVBank collapse. https://www.bleepingcomputer.com/news/security/cybercriminals-exploit-svb-collapse-to-steal-money-and-data/
Cybercriminals exploit SVB collapse to steal money and data

The collapse of the Silicon Valley Bank (SVB) on March 10, 2023, has sent ripples of turbulence throughout the global financial system, but for hackers, scammers, and phishing campaigns, it's becoming an excellent opportunity.

BleepingComputer

Fine, bail out the depositors of #SVBank but for anyone getting more than the guaranteed $250k - only give them 90c in the dollar, and use that 10c money to build a huge monument, a stone memorial wall with all the names and amounts of the people, individuals and CEOs who get bailed out over the $250k mark.

Chisel it deeply.

So everyone can remember.

So it can be undeniable.

Federal action Sunday night means many Silicon Valley Bank clients will get their money back https://www.wsj.com/articles/companies-with-deposits-trapped-in-silicon-valley-bank-9034f33b #SVB #SVBank #SVBCollapse
Companies With Deposits Trapped in Silicon Valley Bank

After SVB failed, many of its clients have disclosed their exposure to the crisis

The Wall Street Journal
#SVBank #SignatureBank - what's next?
Yahooist Teil der Yahoo Markenfamilie

Silicon Valley Bank’s Failure Threatens California Winemakers

Hundreds of wineries deposited cash with SVB, which served as a crucial lender to vineyards

The Wall Street Journal
Banks fought to fend off tougher regulation. Then the meltdown came.

Bank lobbyists believe the Fed may now be encouraged to press ahead with tougher rules that it was just beginning to discuss before SVB's meltdown.

POLITICO