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https://www.washingtonpost.com/us-policy/2023/03/12/silicon-valley-bank-deposits/

Here comes more theft from the taxpayers to pay the criminals.

Are you not entertained?

https://www.bloomberg.com/news/articles/2023-03-12/us-discusses-fund-to-backstop-deposits-if-more-banks-fail?sref=6uww027M

Huh.. wouldn't a new fund BE a bailout?

Funny how they can say one thing but immediately do another, every single time.

Maybe these idiots should return the reserve ratio to 10%, instead of the 0% they set it to at the beginning of the coronahoax.

https://www.msn.com/en-us/money/companies/wells-fargo-files-for-9-5b-mixed-shelf-offering/ar-AA18DgvW

Couldn't happen to a nicer bunch of assholes.

Get your cash out while you can. SVB was (probably) a fluke, and it will (probably) become politically toxic to continue bailing out everyone.

https://www.zerohedge.com/markets/subprime-auto-loan-delinquency-erupts-reaching-highest-rate-record

Subprime defaults are back, baby.

All those $1,000/m car payments and new loans being issued for people who are about to default on the previous upside down loan.. is only going to last so long in this Pedo Joe Bribem economy.

https://news.yahoo.com/hsbc-buys-failed-us-bank-092344231.html

China & Saudi Arabia are fighting over the scraps of the Mortgage (MBS) portfolio.

Insider trading happens when people who have access to confidential information about a company use that to profit off its stock. These insiders include folks like the corporate officers and members of the board of directors.

Historically, there have been countless cases of unscrupulous insiders benefitting at the expense of unsuspecting shareholders. For example, suppose an insider knows that some news is about to come out that will cause a company’s stock price to fall. They could go into the market and sell their shares to someone who doesn’t know about the news. Likewise, if there’s news coming out that will drive the price higher, they could buy stock from an unsuspecting shareholder.

In order to prevent this type of activity, the government has developed numerous regulations and laws. One requires that, when a company insider decides to buy or sell shares in their company’s stock, they must publicly disclose it to the U.S. Securities and Exchange Commission (SEC). That gives outside investors a chance to profit, too.

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