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Old 03-14-2023, 06:12 PM   #91
lamboguy
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my take on this bailout is that the Fed really didn't want to bail out this bank. why did they do it? they had to in order to bail out the whole treasury market. those bonds were only worth .80 cents on the dollar and they lent out par, the full dollar. if they didn't maintain the value of the treasuries, then there were plenty of big banks that were going to become insolvent. this is just to keep the fiat currency game going as long as they can. its a major disaster.

on another note, i heard that the insiders from the Silicon bank took their bonus money on Friday knowing they were going to be closed up.
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Old 03-14-2023, 06:36 PM   #92
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Elizabeth Warren says the millions in bonuses Silicon Valley Bank executives took home last year should be recovered by regulators: 'We should claw all that back'



I figure that deserves bold print as I agree with Elizabeth Warren. I don't understand how executives pay themselves large bonuses for failure. They had to know long ago they were sinking the ship.
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Thrown the trillions defrauded under the guise of covid relief by bussiness, individuals, states, and TEACHERS UNIONS.
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Old 03-14-2023, 06:44 PM   #93
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CARL ICAHN: ‘OUR SYSTEM IS BREAKING DOWN

https://news.grabien.com/story-carl-...e-a-major-prob
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Old 03-14-2023, 08:15 PM   #94
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I would also say, what accomplishments? As for his memory he has now forgot what year he graduated High School. I posted in another thread where he told a story of being a High School senior in the 50's. He graduated in 1961, what the hell. Who forgets when they graduated High School?
A person with Dementia
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Old 03-14-2023, 08:19 PM   #95
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Originally Posted by lamboguy View Post
my take on this bailout is that the Fed really didn't want to bail out this bank. why did they do it? they had to in order to bail out the whole treasury market. those bonds were only worth .80 cents on the dollar and they lent out par, the full dollar. if they didn't maintain the value of the treasuries, then there were plenty of big banks that were going to become insolvent. this is just to keep the fiat currency game going as long as they can. its a major disaster.

on another note, i heard that the insiders from the Silicon bank took their bonus money on Friday knowing they were going to be closed up.
They did it because a lot of depositors are Democratic donors, Quid pro quo
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Old 03-14-2023, 08:26 PM   #96
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They did it because a lot of depositors are Democratic donors, Quid pro quo
at first that is exactly what i thought. but realizing that a lot of the money deposited was from the crypto crew that no one in their right mind cares about, i had to figure it out. Powell was the guy that initiated the bailout and Biden approved it.
we all love to make political issues out of everything, no matter what the subject. its extremely fun to blame the other guy. but this one turns out to be more serious a deal than most think. the bailout is just a bandaid. the financial system is still on the brink of going down, and going down hard all over the planet.
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Old 03-15-2023, 10:17 AM   #97
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at first that is exactly what i thought. but realizing that a lot of the money deposited was from the crypto crew that no one in their right mind cares about, i had to figure it out. Powell was the guy that initiated the bailout and Biden approved it.
we all love to make political issues out of everything, no matter what the subject. its extremely fun to blame the other guy. but this one turns out to be more serious a deal than most think. the bailout is just a bandaid. the financial system is still on the brink of going down, and going down hard all over the planet.
Agreed but most if not all of the crypto crew are left leaning. You can't say this has nothing to do with politics
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Old 03-15-2023, 10:40 AM   #98
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Agreed but most if not all of the crypto crew are left leaning. You can't say this has nothing to do with politics
lets put it this way, its a great excuse to use no matter which side you favor. they just say things to try to not panic the public, while the big boys bail themselves out of these banks.

the big guys are getting out and leaving us suckers blaming republicans and democrats while we hold the bag.
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Old 03-15-2023, 10:44 AM   #99
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lets put it this way, its a great excuse to use no matter which side you favor. they just say things to try to not panic the public, while the big boys bail themselves out of these banks.

the big guys are getting out and leaving us suckers blaming republicans and democrats while we hold the bag.
Absolutely
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Old 03-15-2023, 12:11 PM   #100
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they had to bail out SVB because many of the GREEN ENERGY START-UPS banking there were funded with government grants. How will we survive without green energy?
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Old 03-15-2023, 12:14 PM   #101
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they had to bail out SVB because many of the GREEN ENERGY START-UPS banking there were funded with government grants. How will we survive without green energy?

Newsome and his wife have a lot of money in that bank and he didn't disclose that while lobbying for a bailout. Of course being a Democrat there will be no fallout.
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Old 03-15-2023, 02:47 PM   #102
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JUST IN: John Kennedy Delivers Epic Takedown Of Biden For 'Bailout' Of Silicon Valley

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Old 03-15-2023, 03:49 PM   #103
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Old 03-15-2023, 08:15 PM   #104
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shows you how little i know, i think this guy along with liz warren are the 2 biggest idiots in the Senate today.
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Old 03-16-2023, 11:25 AM   #105
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IMO going after crypto.
Yes. Signature and Silvergate were the #1 and #2 crypto banks. We heard very little about Silvergate but it has bitten the dust also.
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