Gladwyn d’Souza 2009 wasn’t an anomaly for #GenocideJoe. Federal Reserve printed $300B to bail out #venturecapitalists, #HedgeFunds managers, and #privateequity firms: SVB's unexpected demise kicked off a historic year for bank failures. The banks that went under had $548.7 billion of combined assets, the largest total ever in a single year — outpacing both 1984, when Continental Illinois failed (Bank of America eventually bought the remnants), and 2008, when Washington Mutual collapsed (JPMorgan Chase purchased what was left).
#bidenomicstricklesdown
