The regulations would only have kicked in when they got audited, which in this case would have still been to late.
Bad mgmt caused this. It was only a matter of time before long term interest rates would kick in & they over exposed themselves.
The regulations would only have kicked in when they got audited, which in this case would have still been to late.
Bad mgmt caused this. It was only a matter of time before long term interest rates would kick in & they over exposed themselves.
Originally posted by: tom
The regulations would only have kicked in when they got audited, which in this case would have still been to late.
Bad mgmt caused this. It was only a matter of time before long term interest rates would kick in & they over exposed themselves.
Yes, but the guard rails were in place to keep banks from doing what they did.
And tRump removed those guard rails.
Originally posted by: tom
The regulations would only have kicked in when they got audited, which in this case would have still been to late.
Bad mgmt caused this. It was only a matter of time before long term interest rates would kick in & they over exposed themselves.
No, stupid Tommie-poo. The bank's asset profile would have been scrutinized many months ago. Trump removed that oversight.
The whole purpose of Dodd-Frank was to make it difficult for bad management to destroy a bank. Trump destroyed that. Your hero. The man YOU voted for. You share responsibility for this mess.
The bank's asset profile would have been scrutinized many months ago.
How does that happen & how would they have known to do an audit & what would they have done?
Perhaps they would not have been to quick to audit as their entire board was politically connected to democrats.
The 12 directors who were supposed to oversee fallen Silicon Valley Bank — and prevent the catastrophic errors that threw the entire banking system into jeopardy on Friday — might not be household names. But they are facing a series of investigations into their collective role in its collapse a Hillary Clinton mega-donor who went to a Shinto shrine to pray after Donald Trump won the White House. Another worked for President Barack Obama before her own political career spectacularly failed. A third is a prolific contributor to Democrats, — who owns a Napa Valley vineyard just 15 minutes from the former House speaker’s.
They donated to Obama, Clinton and President Biden, and to local Democratic congressional reps including Pelosi — as well as political action committees for Senate Majority Leader Chuck Schumer (D-NY) and Sen. Mark Warner (D-Va.), a longtime member of the powerful Senate Banking Committee
There’s even an improv performer.
SVB’s Kim Olson and SVB Securities executive Joseph Gentile worked at Lehman.
Just one current member — Tom King — has had a career at the top of the investment banking world.
“Everyone knew it was the go-to bank for woke CEOs,” according to one source “They knew they were aligned politically. The companies SVB loaned money to all had a woke agenda
“Everyone knew it was the go-to bank for woke CEOs,” one source told the New York Post. “They knew they were aligned politically. The companies SVB loaned money to all had a woke agenda.
Link, tommie-poo or is just a lie.
No links because they are from multiple news stories. Instead of your usual Trump sucks posts put in a little effort & you can find them
So it's just another of your lies.
Originally posted by: tom
The bank's asset profile would have been scrutinized many months ago.
How does that happen & how would they have known to do an audit & what would they have done?
Perhaps they would not have been to quick to audit as their entire board was politically connected to democrats.
The 12 directors who were supposed to oversee fallen Silicon Valley Bank — and prevent the catastrophic errors that threw the entire banking system into jeopardy on Friday — might not be household names. But they are facing a series of investigations into their collective role in its collapse a Hillary Clinton mega-donor who went to a Shinto shrine to pray after Donald Trump won the White House. Another worked for President Barack Obama before her own political career spectacularly failed. A third is a prolific contributor to Democrats, — who owns a Napa Valley vineyard just 15 minutes from the former House speaker’s.
They donated to Obama, Clinton and President Biden, and to local Democratic congressional reps including Pelosi — as well as political action committees for Senate Majority Leader Chuck Schumer (D-NY) and Sen. Mark Warner (D-Va.), a longtime member of the powerful Senate Banking Committee
There’s even an improv performer.
SVB’s Kim Olson and SVB Securities executive Joseph Gentile worked at Lehman.
Just one current member — Tom King — has had a career at the top of the investment banking world.
“Everyone knew it was the go-to bank for woke CEOs,” according to one source “They knew they were aligned politically. The companies SVB loaned money to all had a woke agenda
“Everyone knew it was the go-to bank for woke CEOs,” one source told the New York Post. “They knew they were aligned politically. The companies SVB loaned money to all had a woke agenda.
Asset profile, idiot.
And anyone who babbles "woke" over and over isn't telling the truth.
Stupid Tommie-poo.
Asset profile, idiot.
And how would they do it without doing an audit. I doubt banks are uploading their data on a daily basis.
Since the toad & kevin are to lazy to do it here are some of the directors background; none of whom have any banking experience
SVB’s Kim Olson and SVB Securities executive Joseph Gentile worked for lehman
Director Kate Mitchell, 64, is a Hillary Clinton mega-donor ($50k) who was so upset by Donald Trump’s 2016 victory that she went to a shrine in Kyoto that Thanksgiving
Garen K. Staglin, who was elected to SVB’s board in 2012, is another serial Democratic donor. He owns the Staglin Family Vineyard, a 61-acre certified organic property in bucolic Napa County. The 2019 Cabernet Sauvignon retails above $300. Staglin has donated to Pelosi
The most politically connected independent director is Mary J. Miller. The 67-year-old was Obama’s under secretary for domestic finance at the Treasury Department from March 2012 to September 2014
Board member Elizabeth “Busy” Burr is a member of an improv group.
Tom King is the only board member with banking experience.
Originally posted by: tom
Asset profile, idiot.
And how would they do it without doing an audit. I doubt banks are uploading their data on a daily basis.
Since the toad & kevin are to lazy to do it here are some of the directors background; none of whom have any banking experience
SVB’s Kim Olson and SVB Securities executive Joseph Gentile worked for lehman
Director Kate Mitchell, 64, is a Hillary Clinton mega-donor ($50k) who was so upset by Donald Trump’s 2016 victory that she went to a shrine in Kyoto that Thanksgiving
Garen K. Staglin, who was elected to SVB’s board in 2012, is another serial Democratic donor. He owns the Staglin Family Vineyard, a 61-acre certified organic property in bucolic Napa County. The 2019 Cabernet Sauvignon retails above $300. Staglin has donated to Pelosi
The most politically connected independent director is Mary J. Miller. The 67-year-old was Obama’s under secretary for domestic finance at the Treasury Department from March 2012 to September 2014
Board member Elizabeth “Busy” Burr is a member of an improv group.
Tom King is the only board member with banking experience.
There "directors" have about as much experience at this job as the cabinet members in brain dead Biden's cabinet.
