#BankCollapse #SVBank #FauxNews #Disinformation
Silicon Valley Bank donated zero dollars to Black Lives Matter
"Tuesday night on Fox News, host Jesse Watters asserted that Silicon Valley Bank (SVB) "donated $74 million to Black Lives Matter." That was why, Watters claimed, federal regulators did not pursue more aggressive oversight of SVB's business practices."
https://popular.info/p/silicon-valley-bank-donated-zero
This sensible #nytimes article about the #SVBank problems shows just how ignorant and inept #GOP leaders are when it comes to basic economics. They see the world as children do, and haven't a clue how things really work. Where are the Republicans of old? https://www.nytimes.com/2023/03/15/us/politics/silicon-valley-bank-collapse-woke-fact-check.html
"Silicon Valley wouldn’t have been Silicon Valley in the same way without a Silicon Valley Bank," VCs, startups and others told my colleagues and me. Can any other bank fill the void?
https://www.marketwatch.com/story/silicon-valley-needs-a-bank-19cf6f0c
Tell your finance teams to be wary, people. The scammers are out in force around the #SVBank collapse. https://www.bleepingcomputer.com/news/security/cybercriminals-exploit-svb-collapse-to-steal-money-and-data/
Fine, bail out the depositors of #SVBank but for anyone getting more than the guaranteed $250k - only give them 90c in the dollar, and use that 10c money to build a huge monument, a stone memorial wall with all the names and amounts of the people, individuals and CEOs who get bailed out over the $250k mark.
Chisel it deeply.
So everyone can remember.
So it can be undeniable.
Federal action Sunday night means many Silicon Valley Bank clients will get their money back https://www.wsj.com/articles/companies-with-deposits-trapped-in-silicon-valley-bank-9034f33b #SVB #SVBank #SVBCollapse
#SVBank #SignatureBank - what's next?
After Silicon Valley Bank failure ‘there’s going to be more,’ warns former #FDIC Chair #WilliamIsaac https://finance.yahoo.com/news/silicon-valley-bank-failure-going-183638370.html #BankCrash #Bankruns #Banking #SVBCrash #SVBank #SVBBankrun #svb_financial #FinancialCrisis #bankruptcy #stockmarkets #stockmarketcrash #SiliconValleyBank #SVBCrash #SVBcollapse #warning #alert
Silicon Valley Bank's #Failure #Threatens #California #Winemakers https://www.wsj.com/articles/silicon-valley-banks-collapse-threatens-california-winemakers-c9db03f7 … #BankCrash #Bankruns #Banking #SVBCrash #SVBank #SVBBankrun #svb_financial #FinancialCrisis #bankruptcy #stockmarkets #stockmarketcrash #SiliconValleyBank
Banks fought to fend off #tougherregulation Then the #meltdown came https://www.politico.com/news/2023/03/12/banks-regulations-feds-svb-meltdown-00086694 #BankCrash #Bankruns #Banking #SVBCrash #SVBank #SVBBankrun #svb_financial #FinancialCrisis #bankruptcy #stockmarkets #stockmarketcrash #SiliconValleyBank #SiliconValley #VC #VentureCapital
From Santa Clara to Shoreditch, SVB Fallout Spreads Around World - More than 100 founders and CEOs are writing to UK Chancellor https://www.bloomberg.com/news/articles/2023-03-11/svb-fallout-spreads-around-the-world-as-uk-firms-plea-for-help #SVBank
#An email thread of more than 1,000 founders from Andreessen Horowitz was abuzz with the news Thursday, with many encouraging each other to pull cash from the bank.“ #SVBank
https://www.bloomberg.com/news/articles/2023-03-09/svb-ceo-becker-asks-silicon-valley-bank-clients-to-stay-calm
The sudden collapse of Silicon Valley Bank sowed panic at hundreds of startups and venture capital firms that banked there and now must seek new ways to pay employees and access funds from their investors and customers. https://www.theinformation.com/articles/startups-and-vcs-scramble-to-pay-employees-after-svbs-collapse?utm_campaign=Automated+Fallback+R&utm_content=89&utm_medium=email&utm_source=cio&utm_term=19 #Startups #Fintech #SVBank
The news of SVB failure is sobering and astonishing. The repercussions to wine world (and beyond) remain to be seen. #svbank
Because of #svbank collapse this afternoon, threat actors are starting to use it as pretext to change payment locations/accounts to threat actor controlled ones.
You can identify your vendors, customers, or partners who were using #svb by the below routing numbers. Tell your CFO, their staff, accounts payable, billing, to take extreme care when updating payment destinations.
121140399
121145145
011002343
Swift code:
BPTCUS33
Without batting an eye, once again the government will bail out financial entities for bad decisions that could have been avoided, while we can't even get predatory student loans forgiven #CapitalismIsEvil #Bailouts #StudentLoans #SVBank #FinancialCrisis
@rodhilton I wonder if twitter collapse (and non-payment) has anything to do with #SVB collapse? #svbank #svbankfail
My company splits its business across no fewer than two banks at any given time. Yours probably should, too.
