[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Joe Rogan: “It’s Amazing How Many People on the Diddy Party List Are Supporting Kamala” (VIDEO) Tucker Carlson: This Is How You KNOW Jan. 6 Was A PsyOp! RFK Jr Says Trump Plans To Remove Fluoride From American Drinking Water Iranian Navy Ships How they are made | Iranian corvette Shahid Soleimani Losing Power? The Elites And The Leftist Mob Would Rather Burn It All To The Ground Japan Made a ar Better F-16 Joe Rogan and Elon Musk Insomnia Stream: The Vote Edition Escape From Psychopathocracy Russia Unveils the First Bomber in History for Engaging Front and Rear Threats The largest study ever conducted on Universal Basic Income (UBI) has delivered results that challenge its advocates. European Officials Allege Russia Is Plotting To Bomb US-Bound Passenger & Cargo Planes $81.7 Million in U.S. Taxpayer Funds Spent to Facilitate Direct Flights for Illegal Aliens into America Establishment Media Says Trump's Mass Deportations Will Be An 'Economic Disaster' 1776 (1972) YET ANOTHER HOAX JUST DROPPED!! JUSTICE FOR PEANUT, Media lies about Trump again, SNL debacle, and the last day of normalcy US embassy in Beirut blocks Iraq-Lebanon humanitarian air bridge Channel 4 Dispatches to lift the lid on Royals and how much they really cost us Second Passport Demand Jumps As Wealthy Americans Fear Socio-Economic Turmoil After Elections ‘I live off £30 a month’: Nearly 4 million people in UK experienced ‘destitution’ last year 55 Chinese sailors in submarine feared dead 'caught in trap' meant to snare UK and US Why Israel's Attack on Iran Was a Bust Israeli forces in Lebanon and Gaza suffer deadliest month of 2024 Over 100 BBC staff accuse network of pro-Israel bias in Gaza coverage Pezeshkian Suggests Gaza and Lebanon Ceasefire Could Soften Irans Response to Israeli Attack DDoS Attack Cripples Archive.org: The Next Information War Front? 48 Percent Of U.S. Small Businesses Couldn't Even Pay Their Rent Last Month Toxic Cancer-Linked Plasticizers Found in Southern California Air NOTAM Notice Denied By one Arabic Source

National News
See other National News Articles

Title: Silicon Valley Bank is SEIZED by regulators after run on deposits caused lender to collapse
Source: [None]
URL Source: https://www.dailymail.co.uk/news/ar ... ding-pending-announcement.html
Published: Mar 10, 2023
Author: Mike Rivero
Post Date: 2023-03-10 16:33:37 by Horse
Keywords: None
Views: 147
Comments: 3

Largest US bank failure since Great Recession - as panic over tech industry slowdown spreads to Wall Street

Silicon Valley Bank has been seized by financial regulators after a run on deposits tipped the bank into collapse, in the largest US bank failure since the Great Recession in 2008.

California state regulators shuttered the bank on Friday, and the Federal Deposit Insurance Corporation (FDIC) immediately took control of the bank's $209 billion in assets and $175.4 billion in deposits.

The bank based in Santa Clara, California had been the 18th largest bank in the US, and primarily catered to the tech startups and wealthy entrepreneurs of Silicon

Poster Comment:

CNBCs Jim Cramer urged viewers to buy Silicon Valley Bank stock last month

CNBC analyst Jim Cramer is once again being pilloried on social media after a clip resurfaced showing the “Mad Money” host recommending viewers buy shares of Silicon Valley Bank’s parent company, which owns the tech-driven commercial lender that swiftly collapsed on Friday.

https://nypost.com/2023/03/10/cnbcs-jim-cramer-touted-silicon-valley-bank-stock/

Post Comment   Private Reply   Ignore Thread  

#1. To: All (#0)

https://nypost.com/2023/03/10/cnbcs-jim-cramer-touted-silicon-valley-bank-stock/

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2023-03-10   16:51:08 ET  Reply   Trace   Private Reply  

I should've hit the liquor store today, but the weather is crappy.

Esso  posted on  2023-03-10   16:56:57 ET  Reply   Trace   Private Reply  

I wonder if the banks are going to be able to open Monday? A lot of fellas at ZH are talking about pulling their assets out.

Bitter, impotent Pedo Joe won't allow the banks to be bailed out this time like 2009.

Esso  posted on  2023-03-10   17:45:21 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]