[Larry] ELDER: White man down: Frustration is not racism
https://torontosun.com/opinion/columnists/elder-white-man-down-frustration-is-not-racism
ChatGTP was asked to explain the end of the petrodollar and the US dollar as a reserve currency to a 5 year old child. It may assist you
https://twitter.com/KimDotcom/status/1634935162411810818
1/3 of US deposits are in small banks and ~50% are uninsured.
We are likely to see balances above the $250,000 FDIC limit be withdrawn and moved to larger banks.
If your company has $500k to $1 million in cash, would you leave it in one bank after this?
https://twitter.com/WallStreetSilv
UK scrambles to help tech firms after Silicon Valley Bank collapse
More than 200 bosses of UK tech companies signed a letter addressed to Mr Hunt on Saturday calling for government intervention.
https://www.bbc.com/news/business-64930944
>Meant for
It's fine.
My only interpretation could be that Trump was meaning that if Presidents were as informed as he is on Finance, then problems would be fixed and proper safeguards installed.
But, jmho
07
Let’s be clear -
If politicians are changing the rules to No Bail Outs then say it….
and make sure the 4 Biggies know we mean it.
Because we don’t trust you when you keep changing the rules to help the elites.
https://twitter.com/RichardGrenell/status/1634940073472049154
Cronyism? Watchdog group alleges FTC gave special treatment to former employers
FTC Chairwoman Lina Khan worked as a policy analyst at the progressive New America think tank's Open Markets program before going on to help launch the influential Open Markets Institute (OMI), where she served as legal director from 2017-2018. Khan's former FTC chief of staff, Jen Howard, previously served as communications director at left-wing media reform advocacy group Free Press.
Government ethics watchdog Protect the Public's Trust (PPT) says that internal FTC emails it has obtained through the Freedom of Information Act (FOIA) leave "the appearance of preferential access" to the officials.
https://justthenews.com/government/ftc-chair-found-have-given-special-treatment-and-access-cronies-and-former-agency
Zero students proficient in math in 19 Minnesota schools, state hits 30-year low, report says
March 2nd 2023
https://wpde.com/news/crisis-in-the-classroom/zero-students-proficient-in-math-in-19-minnesota-schools-state-hits-30-year-low-report-says
Right
Using the newest Toy available, ChatGPT to break down finance for different age groups.
For keks.
FDIC auction of Silicon Valley Bank underway — Bloomberg
https://twitter.com/disclosetv/status/1634947917692952582
No table
Yeah, they were the only company in the green Friday while everyone else was in the red.
Anons 'member Gamestop and AMC theater?
(A Forced Buyout would explain why Yellen isn't calling for Bailout)
JPM bankers pull all-nighters to take on clients of Silicon Valley Bank
https://nypost.com/2023/03/10/jpm-bankers-pull-all-nighters-to-take-on-clients-of-silicon-valley-bank/
>they are hiding shit within JPM now
That's what i meant by the Castle reference.
After lunch, i'll look back thru the drops.
Democrat Rep. Ro Khanna slams the Biden administration's inaction after the second-largest bank collapse in U.S. history:
"They don't realize what the problem could be and how fast money is moving and the challenge this could be."
https://twitter.com/RNCResearch/status/1634932696236343302
Quick look at JP Morgan and Castle Q Drops didn't reveal anything of immediate note.
A branch in Australia, but as ubiquitous as they are, it's like looking for a McDonalds.
https://twitter.com/irina_meier_
US banks sitting on unrealized losses of $620 billion
But SVB isn’t the only institution with that issue. US banks were sitting on $620 billion in unrealized losses (assets that have decreased in price but haven’t been sold yet) at the end of 2022, according to the FDIC.
https://www.cnn.com/2023/03/12/investing/stocks-week-ahead/index.html#:~:text=US%20banks%20were%20sitting%20on,2022%2C%20according%20to%20the%20FDIC.
Hmm…Covid declassification, Election Hearing soon, and another one that slips the mind atm…and now we have a Bank Collapse that';; affect quite a few.
Interesting timing, if I do say so, myself.
Got a late one, Baker.
Silicon Valley Bank Ties to California First Partner Jennifer Newsom
https://californiaglobe.com/articles/silicon-valley-bank-ties-to-california-first-partner-jennifer-newsom/