mtb can cover that ?
The stock market
chicken feed
maybe D BAG should start a banking thread?l lol
[URL unfurl="true"]https://variety.com/2023/digital/news/svb-failure-wrapbook-payroll-checks-delayed-1235550169/[/URL]
[URL unfurl="true"]https://www.foxnews.com/media/home-depot-co-founder-torches-woke-silicon-valley-bank-collapse-warns-recession-here-already[/URL]
**"I can't wait for Biden to get on the speech again and talk about how great the economy is and how it's moving forward and getting stronger by the day. And this is an indication that whatever he says is not true. And maybe the American people will finally wake up and understand that we're living in very tough times, that, in fact, that a recession may have already started. Who knows? But it doesn't look good," Marcus argued, Saturday.
"I feel bad for all of these people that lost all their money in this woke bank. You know, it was more distressing to hear that the bank officials sold off their stock before this happened. It's depressing to me. Who knows whether the Justice Department would go after them? They're a woke company, so I guess not. And they'll probably get away with it," [he said to host Neil Cavuto.**]('https://www.foxnews.com/shows/cavuto-live')
Marcus attributed the historic downfall to the [Biden administration and its persistent]('https://www.foxnews.com/category/person/joe-biden') push for banks to prioritize "global warming" over shareholder returns.
Stock symbol : ETSY
[URL unfurl="true"]https://www.yahoo.com/lifestyle/etsy-warns-sellers-payments-delays-193026068.html[/URL]
Additional companies affected by SVB
[URL unfurl="true"]https://www.washingtonpost.com/business/2023/03/11/silicon-valley-bank-companies-affected/[/URL]
[URL unfurl="true"]https://www.foxnews.com/media/home-depot-co-founder-torches-woke-silicon-valley-bank-collapse-warns-recession-here-already[/URL]
***"*I feel bad for all of these people that lost all their money in this woke bank. **
"By the way, 45 deregulated banks like Silicon Valley Bank, which failed Friday," Robert Reich, who served as labor secretary under former President Bill Clinton, posted on Twitter Friday after news that Silicon Valley Bank had been [[U]shut down[/U]]('https://www.foxbusiness.com/markets/how-silicon-valley-bank-got-burned') by FDIC regulators in an effort to protect customers as the bank faced a liquidity crunch after losing $2 billion.
"By the way, 45 deregulated banks like Silicon Valley Bank, which failed Friday," Robert Reich, who served as labor secretary under former President Bill Clinton, posted on Twitter Friday after news that Silicon Valley Bank had been [[U]shut down[/U]]('https://www.foxbusiness.com/markets/how-silicon-valley-bank-got-burned') by FDIC regulators in an effort to protect customers as the bank faced a liquidity crunch after losing $2 billion.
Reich was joined by others on Twitter to place the blame on D.J. Chump for signing a bill in 2018 that [[U]rolled back elements[/U]]('https://www.foxbusiness.com/politics/dodd-frank-rollback-what-you-need-to-know') of Dodd-Frank.
"It seems likely that this could have been avoided if it weren't for the roll-backs by the Chump administration," journalist Ed Krassenstein tweeted.
:)
Damage control.
Economy is in the toilet. FED is out of touch. And all the dems want to do is blame DT.
Pathetic
Damage control.
Economy is in the toilet. FED is out of touch. And all the dems want to do is blame DT.
Pathetic
Unemployment is at historic lows...wages are up....spending is up...inflation is being tamed
Maybe your economy is on the toilet?
In spite of a record amount of interest rate increases designed to actually tame the economy, it remains strong. All the wingers wanna do is beetch.
who to blame...who started trade wars? who bungled the pandemic? Who encouraged and emboldened Putin?
So this is the guy blaming others? Oh boy.
Oh, explain in detail how the deregulation of banks caused this bank to fail.
[URL unfurl="true"]https://www.laprogressive.com/labor-social-justice/why-i-love-bernie[/URL]
Trump blamed over Silicon Valley Bank collapse for [SIZE=7]watering down financial regulations[/SIZE]
Critics looking to assign blame for the collapse of [Silicon Valley Bank]('https://www.independent.co.uk/topic/silicon-valley-bank') have found culprits in [Donald Trump]('https://www.independent.co.uk/topic/donald-trump') and [Republican]('https://www.independent.co.uk/topic/republican') senators.
Though little known outside of Silicon Valley, the SVB was the leading lender to tech firms and [startups]('https://www.independent.co.uk/topic/startups') before it crumbled on Friday.
Howard Forman, a professor at Yale, shared a list of Republican senators who voted to reduce regulatory oversight on SVB in 2018. That legislation was then signed into law by Mr Trump.
The list includes names like [SIZE=7]Senators Marco Rubio, Lindsey Graham, Rand Paul, and Mitch McConnell,[/SIZE] as well as a few Democrats, including Senators Joe Manchin and Tim Kaine.
***Read more:
we are paying the price for all the deregulations in banking,environment,safety, and on and on. 4 year nightmare***
too bad!! figure it out...you wanna talk all this bank crap..... why do you think they have regulations??? Maybe to prevent this??/ NAH!!!! LOLOLOLOLOL
LIKE THE EPA had regulations to prevent toxic spills....who cancelled all that....
cancel the paris agreement too...screw everything and make a buck
the RW mods don't like this lol
WRONG, we just don't like the inevitable slide into politics, and if you children don't start playing nice here, you can play in the cornfield...
How quick to try and blame 45 when all else fails.
[URL unfurl="true"]https://www.brookings.edu/research/no-dodd-frank-was-neither-repealed-nor-gutted-heres-what-really-happened/[/URL]
[HEADING=1]KEY TAKEAWAYS FROM THE NEW FINANCIAL LAW[/HEADING]
Despite Republican control of Congress and the White House, [SIZE=5]Dodd-Frank’s structure remains largely intact.[/SIZE] If this legislation is the largest change made to Dodd-Frank during Trump’s time in office, then Dodd-Frank will have survived its first major political test.
How quick to try and blame 45 when all else fails.
[URL unfurl="true"]https://www.brookings.edu/research/no-dodd-frank-was-neither-repealed-nor-gutted-heres-what-really-happened/[/URL]
[HEADING=1]KEY TAKEAWAYS FROM THE NEW FINANCIAL LAW[/HEADING]
Despite Republican control of Congress and the White House, [SIZE=5]Dodd-Frank’s structure remains largely intact.[/SIZE] If this legislation is the largest change made to Dodd-Frank during Trump’s time in office, then Dodd-Frank will have survived its first major political test.
what else failed??? wth are u babbling about...you're brainwashed
How quick to try and blame 45 when all else fails.
[URL unfurl="true"]https://www.brookings.edu/research/no-dodd-frank-was-neither-repealed-nor-gutted-heres-what-really-happened/[/URL]
[HEADING=1]KEY TAKEAWAYS FROM THE NEW FINANCIAL LAW[/HEADING]
Despite Republican control of Congress and the White House, [SIZE=5]Dodd-Frank’s structure remains largely intact.[/SIZE] If this legislation is the largest change made to Dodd-Frank during Trump’s time in office, then Dodd-Frank will have survived its first major political test.
Read the article. It is actually critical of 45 and the Republicans at the time. I did figure it out. Here you go.
Stop reading all the left wing radical rantings. This article is actually neutral on the politics. That is why I posted it.
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