GO WOKE GO BROKE
Take Your Digital Currency and Shove It
U.S. Regulators Have Bailed Out SVB Customers
“Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.
Shareholders and certain unsecured debt holders will not be protected. Senior management has also been removed.”
https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm
https://twitter.com/EzraACohen/status/1635051602297098241
https://twitter.com/EzraACohen/status/1635052739142254593
In other words, the FBI is conducting up to 559 warrantless searches for Americans' phone calls, texts, and emails every day.
https://twitter.com/LizaGoitein/status/16335534745656
Moar fleecing of the tax payers money before it collapses…Yep, CCP got their money first…and that's why they sold their stocks and handed out bonuses before the plunge
Before the collapse of Silicon Valley Bank, executives sold a lot of their shares.
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.
Unusual.
https://unusualwhales.com/news/numerous-corporate-executives-sold-silicon-valley-bank-sivb-stock-before-the-collapse
https://twitter.com/unusual_whales/status/1634555021487480834?s=19
Mar 11, 2023 - Economy & Business
Silicon Valley Bank paid out bonuses hours before seizure
https://www.axios.com/2023/03/11/silicon-valley-bank-paid-bonuses-fdic
Much of this was part of a trading plan, 10b5-1 which has reportedly started being investigated by the SEC, per WSJ.
The CEO sold $3.57 million of stock within the last two weeks.
Unusual.
It's just sickening and depressing how much corruption they have gotten away with…and are getting away with.
twitter.com/EzraACohen/status/1635051602297098241
https://twitter.com/EzraACohen/status/163505273914225
https://www.ft.com/content/716b793e-d650-4e23-9e6f-600c1e4dc760