Police Called: Silicon Valley Bank Manhattan
Tech Investors Trying To Pull Out Cash
FDIC Seized SVBs Assets
Silicon Valley Bank branch in Manhattan today called the cops on tech investors trying to pull their cash out as a run on the bank forced regulators to seize its assets.
Police were called after 'about a dozen' financiers, incl. former Lyft exec. Dor Levi, showed up outside Park Avenue as investors scrambled to get their money out amid the biggest collapse since the Great Recession.
The Federal Deposit Insurance Corporation (FDIC) seized SVB's assets today as depositors began withdrawing their money following $1.8bn loss. The bank took a hammering. Price plunging 66 percent before trading halted.
Investors are only insured up to $250k. Already horror stories. Ashley Tyrner, CEO, Boston firm FarmboxRx, at least $10m deposited with SVB 'the worst 18 hours of my life.'
Tech Investors Trying To Pull Out Cash
@EightQBall
Tech Investors Trying To Pull Out Cash
FDIC Seized SVBs Assets
Silicon Valley Bank branch in Manhattan today called the cops on tech investors trying to pull their cash out as a run on the bank forced regulators to seize its assets.
Police were called after 'about a dozen' financiers, incl. former Lyft exec. Dor Levi, showed up outside Park Avenue as investors scrambled to get their money out amid the biggest collapse since the Great Recession.
The Federal Deposit Insurance Corporation (FDIC) seized SVB's assets today as depositors began withdrawing their money following $1.8bn loss. The bank took a hammering. Price plunging 66 percent before trading halted.
Investors are only insured up to $250k. Already horror stories. Ashley Tyrner, CEO, Boston firm FarmboxRx, at least $10m deposited with SVB 'the worst 18 hours of my life.'
Tech Investors Trying To Pull Out Cash
@EightQBall
๐22๐คฃ15๐ฅ6๐ค2๐คฎ1
๐งBroke Bank Mountain
๐งSVB Pres/CEO Successfully Lobbied Congress
๐งArgued Bank SHOULDN't Be SCRUTINIZED
๐ง"Given Low Risk Profile of Activities"
๐ง2nd Largest Bank To Fold Since 2008
๐ Fears SVB Collapse Could Topple First Republic Bank Next
HOW did they NOT KNOW that the bank was in trouble?
Becker convinced Congress to lessen the scrutiny of businesses like his. Anyone, deposits over $250k faces losing ALL their money.
Becker SOLD $3.57m of stock in a PRE-PLANNED, automated sell-off 2 WEEKS BEFORE COLLAPSE - and the CFO DITCHED $575,000 the SAME DAY."
SVB Successfully Lobbied Congress
Tech Investors Trying To Pull Out Cash/Police Called
https://t.me/EightQBall/3461
Fears SVB Collapse Could Topple First Republic Bank Next
t.me/EightQBall
๐งSVB Pres/CEO Successfully Lobbied Congress
๐งArgued Bank SHOULDN't Be SCRUTINIZED
๐ง"Given Low Risk Profile of Activities"
๐ง2nd Largest Bank To Fold Since 2008
๐ Fears SVB Collapse Could Topple First Republic Bank Next
HOW did they NOT KNOW that the bank was in trouble?
Becker convinced Congress to lessen the scrutiny of businesses like his. Anyone, deposits over $250k faces losing ALL their money.
Becker SOLD $3.57m of stock in a PRE-PLANNED, automated sell-off 2 WEEKS BEFORE COLLAPSE - and the CFO DITCHED $575,000 the SAME DAY."
SVB Successfully Lobbied Congress
Tech Investors Trying To Pull Out Cash/Police Called
https://t.me/EightQBall/3461
Fears SVB Collapse Could Topple First Republic Bank Next
t.me/EightQBall
๐ฅ21๐5โคโ๐ฅ2โค1๐คฏ1
Debunk The Junk Voice Chat (22) RECORDING Mar 10, 2023
(Pt1-4hrs, Pt2 - 1hr+)
LFG. Cuts the Sh๐te
with Lisa B 4 Baadasssss & Friends
Feat. MaQaveli & more
Trunk of Junk Debunked!
Interesting. Informative. Insightful
Debunk The Junk 1-21 Recordings
https://t.me/EightQBall/3419?single
(follow links on posts)
@EightQBall ( 8CueBall๐ฑ )
Thankyou for another wonderful/informative Friday evening - Laura W
Great Show. So Informative. Love all the perspectives from each local point of view - PSU
ThanQ. You are all, so very appreciated ๐๐ป - WWG1WGA Worldwide
Great Chat. Thanks for your hard work..-TC
Debunk The Junk 1-21 Recordings๐
https://t.me/EightQBall/3419?single ๐
(follow links on posts)
t.me/EightQBall ( 8CueBall๐ฑ )
(Pt1-4hrs, Pt2 - 1hr+)
LFG. Cuts the Sh๐te
with Lisa B 4 Baadasssss & Friends
Feat. MaQaveli & more
Trunk of Junk Debunked!
Interesting. Informative. Insightful
Debunk The Junk 1-21 Recordings
https://t.me/EightQBall/3419?single
(follow links on posts)
@EightQBall ( 8CueBall๐ฑ )
Thankyou for another wonderful/informative Friday evening - Laura W
Great Show. So Informative. Love all the perspectives from each local point of view - PSU
ThanQ. You are all, so very appreciated ๐๐ป - WWG1WGA Worldwide
Great Chat. Thanks for your hard work..-TC
Debunk The Junk 1-21 Recordings๐
https://t.me/EightQBall/3419?single ๐
(follow links on posts)
t.me/EightQBall ( 8CueBall๐ฑ )
โค18๐10๐ฅ6๐คฎ1
๐ฅALL LINKED: GODFATHER III: Be Prepared for what you find
๐ฅSVB - WILSON SONSINI GOODRICH & ROSATI - TWITTER - CHINA - 2020 ELECTION - HUNTER BIDEN's LAPTOP - COVID 19 - CENSORSHIP - FBI - OBAMA - JOE BIDEN๐ฅ
WSGR: One of the most monstrous and swampy firms...
QP 274
GODFATHER III
Be prepared for what you find
Q
How much do you know about Silicon Valley Bank, Larry W. Sonsini, Wilson Sonsini Goodrich & Rosati, Twitter, China, the 2020 election, Hunter Bidenโs laptop, COVID-19, censorship, the FBI, Obama & Joe Biden? Theyโre all intricately linked in problematic ways. It all falls back on old analysis from September 2022.
SVB-Wilson Sonsini, WSGR, Twitter, Election, Covid 19
Stringer Links
SVB Lobbied Congress/Broke Bank
https://t.me/EightQBall/3464
Silicon Valley Bank: Police Called
https://t.me/EightQBall/3461
H/T TruthFreedom17
t.me/EightQBall - click to join
๐ฅSVB - WILSON SONSINI GOODRICH & ROSATI - TWITTER - CHINA - 2020 ELECTION - HUNTER BIDEN's LAPTOP - COVID 19 - CENSORSHIP - FBI - OBAMA - JOE BIDEN๐ฅ
WSGR: One of the most monstrous and swampy firms...
QP 274
GODFATHER III
Be prepared for what you find
Q
How much do you know about Silicon Valley Bank, Larry W. Sonsini, Wilson Sonsini Goodrich & Rosati, Twitter, China, the 2020 election, Hunter Bidenโs laptop, COVID-19, censorship, the FBI, Obama & Joe Biden? Theyโre all intricately linked in problematic ways. It all falls back on old analysis from September 2022.
SVB-Wilson Sonsini, WSGR, Twitter, Election, Covid 19
Stringer Links
SVB Lobbied Congress/Broke Bank
https://t.me/EightQBall/3464
Silicon Valley Bank: Police Called
https://t.me/EightQBall/3461
H/T TruthFreedom17
t.me/EightQBall - click to join
๐ฅ20๐9โค2๐คฌ1
๐ฅAckman: Government Has 48 hrs OR
๐ฅFace Catastrophic Market Meltdown
๐ฅNews: It's ALREADY HAPPENING
๐ฅNO BAILOUTS WITH PUBLIC MONEY: USE YOUR OWN!!!๐ฅ
Ackman is urging for the U.S. government to finally step in and protect all of the bank's depositors, warning inaction could lead to a ripple effect across other smaller banks within the industry.
NEWSFLASH: It's already happening
The worry is that customers will rush to withdraw cash from their accounts fearing instability across the banking system with the very real possibility of a domino effect.
NEWS FLASH: ALREADY RUN ON BANK
BILLIONAIRE WARNS CATASTROPHIC MKT MELTDOWN
t.me/EightQBall
๐ฅFace Catastrophic Market Meltdown
๐ฅNews: It's ALREADY HAPPENING
๐ฅNO BAILOUTS WITH PUBLIC MONEY: USE YOUR OWN!!!๐ฅ
Ackman is urging for the U.S. government to finally step in and protect all of the bank's depositors, warning inaction could lead to a ripple effect across other smaller banks within the industry.
NEWSFLASH: It's already happening
The worry is that customers will rush to withdraw cash from their accounts fearing instability across the banking system with the very real possibility of a domino effect.
NEWS FLASH: ALREADY RUN ON BANK
BILLIONAIRE WARNS CATASTROPHIC MKT MELTDOWN
t.me/EightQBall
๐ฅ21๐8โค1