The Silicon Valley Bank Collapse: The bank’s CEO, Greg Becker, got ahead of the storm, selling $3.6 million in the company’s stock before it failed, so it looks like he’ll be okay despite many other folks not being able to get their money. Turns out, other top executives did too...

submitted by Orangutan from (redstatenation.com)

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[–]In-the-clouds 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

A man who dresses as a woman is already a fraud, trying to cause others to perceive him as something he is not, and this fraud corresponds to a bank that also deceived their customers into trusting them with their money.

[–]jet199 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (2 children)

Signature Bank has also just been closed by authorities.

Lulz

[–][deleted]  (1 child)

[deleted]

    [–]Bigs 2 insightful - 3 fun2 insightful - 2 fun3 insightful - 3 fun -  (0 children)

    Or, you know, when the risk assesment officer was chosen for her black lesbian wokeness instead of any ability

    [–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

    In China, all of those executives would have been shot.

    [–]passionflounderIndependent 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

    At what point does the government decide to take over the entire industry on the premise of protecting account holders in order to seize xontrol over all commerce?

    [–]notafed 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

    Isn't that "Insider Trading"?

    edit: sorry... can't tell if it's "trading" or "tradeing". Fonicks isn't helping mee.

    [–]EternalSunset 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

    It pretty much is, but at the end of the day it's the SEC that rules on these cases, and they are corrupted as all hell.

    [–]monkeymagic 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

    the rule of law fell a long time ago

    [–]Oyveygoyim 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

    He's a jew

    [–]JasonCarswellVoluntaryist 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

    I wonder if too many high paid tech gurus were going rogue. This might be one way to control some of Silicon Valley.

    [–]EternalSunset 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    Nancy Pelosi moment

    [–]1Icemonkey 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    Imagine playing with jewish bankers and getting burned. Kek.

    [–]WoodyWoodPecker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    Liberal Democrats know how to handle money. /s

    [–]tarafoster 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    Exactly what depositors and especially shareholders deserve. The stock sales should still be clawed back from these talmudists. https://www.myadvocateaurora.net/

    [–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    They tried to liquidate their companies backings they used as collateral for all their users' funds. They almost came up with enough money to cover the bank run.

    The problem was that they were servicing a bunch of short term debt and trying to back it with long term investments.....then the children took hold of the government and destroyed the economy, by their reckless response to Covid and racking up such a bill buying the election.

    This destroyed the lender/bank's long term investments and what they sold was at a HUGE billions of dollars loss.....like every elderly persons retirement and all the holdings of other banks.

    ..this isn't a one of poorly managed bank, this is the begging of banks failing during Biden's economic meltdown.