Silicon Valley Bank, a California state-chartered bank that was uniquely exposed to the massive all-encompassing startup bubble during the Trumponomics Free Money era..
California Department of Financial Protection and Innovation (DFPI). In its press release, the regulator cited “inadequate liquidity and insolvency.” 210 Billion in assets and the FDIC has to move on them...
When the halfwit so called Businessman Trump pressured Federal Reserve Chairman Powell to a zero interest rate this is the final result... Now the Trump appointed Fed Chair Powell attempts to collapse the economy with rate increases...Biden should have fired Powell...
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-------------- History is no more than the lies agreed upon by the victors.
^^ You're a truck driver, stay in your lane dimwit...
Trump-Era Deregulation Deemed a Key Culprit in the Failure of Silicon Valley Bank
"President Trump and congressional Republicans' decision to roll back Dodd-Frank's 'too big to fail' rules for banks like SVB—reducing both oversight and capital requirements—contributed to a costly collapse," said Sen. Elizabeth Warren.
Deregulate, Deregulate, Deregulate the RepubliCON Mantra...
Biden has been plagued by a couple of Democrats in name only (DINOs) Joe Manchin and Kyrsten Sinema..
Now the Republicans have the House, and not just Republicans but batshit crazy MAGAts..that want to deregulate everything..Corporate owned Stooges, make a fast profit screw the Taxpayer...
Biden didn't push deregulation that was Trump and the RepubliCONs and now it's come back to bite US in the ass... Now we have another Republican Caused Train wreck to clean up...
Attached Image
-------------- History is no more than the lies agreed upon by the victors.
Silicon Valley Bank, a California state-chartered bank that was uniquely exposed to the massive all-encompassing startup bubble during the Trumponomics Free Money era..
California Department of Financial Protection and Innovation (DFPI). In its press release, the regulator cited “inadequate liquidity and insolvency.” 210 Billion in assets and the FDIC has to move on them...
When the halfwit so called Businessman Trump pressured Federal Reserve Chairman Powell to a zero interest rate this is the final result... Now the Trump appointed Fed Chair Powell attempts to collapse the economy with rate increases...Biden should have fired Powell...
At first the fed and Whitehouse were acting like they were going to do nothing, exactly what you'd expect from blue dog Biden. Then they see Signature's problems and all of the sudden it's time for promising to make depositors whole while promising not to bailout the vultures.
How many fucking times?
-------------- The people are masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!
Trump and Congressional Republicans’ decision to roll back Dodd Frank’s “too big to fail” rules for banks like SVB – reducing both oversight and capital requirements – contributed to a costly collapse.”
Risky Bets on Crypto took Signature under, Regulators shut the door on this one too...
Self Blemished championed the deregulation of Dodd Frank on this forum, he doesn't have the smarts to conjure up something like that on his own...that came from Fox Business..
Deregulate Deregulate Deregulate the RepubliCON Mantra
Video of Trump SURFACES Showing his TOTAL CULPABILITY May 2018 showing Trump and the GOP law that removed pivotal regulations which caused the collapse of Silicon Valley Bank (SVB).
Remember boys and girls,
