Economics, Business, Money, Finance : Silicon Valley Bank shut down by regulators
Re: Silicon Valley Bank shut down by regulators
It is time. It is time for capitalism to end.
My password is password
My password is password
Re: Silicon Valley Bank shut down by regulators
Their problem was a badly timed investment in bonds and overreliance on startups as customers so it shouldn't threaten the entire banking industry. But who really knows.
Re: Silicon Valley Bank shut down by regulators
Roku announced that they have about half a billion dollars stuck at that bank, a quarter of their cash reserves. Is my Roku tv going to stop working in the near future?
Re: Silicon Valley Bank shut down by regulators
Re: Silicon Valley Bank shut down by regulators
Another bank was shuttered, another bank is teetering, the government guaranteed the deposits of SVB customers, the Fed is promising money to faltering banks. They got spooked it would happen again.
Re: Silicon Valley Bank shut down by regulators
Oh shit
My password is password
My password is password
Re: Silicon Valley Bank shut down by regulators
Repercussions of Trump admin's foolish policies.
My password is password
My password is password
Re: Silicon Valley Bank shut down by regulators
Yeah fuck that guy!
My password is password
My password is password
Re: Silicon Valley Bank shut down by regulators
…and now Credit Suisse. Contagion is happening.
Re: Silicon Valley Bank shut down by regulators
I'm shorting my local bank to pay back my line of credit with them 
Let the dominos fall.
Bing.. Wobbledy wobble, wo-wo-wobble, wobbin'
https://vocaroo.com/1hz4nrSop8zd
Let the dominos fall.Bing.. Wobbledy wobble, wo-wo-wobble, wobbin'
https://vocaroo.com/1hz4nrSop8zd
Silicon Valley Bank shut down by regulators