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News & Articles By JD Heyes
03/17/2023
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By JD Heyes
Jaw-dropping video proves Signature Bank was a WOKE institution run by clowns focused on left-wing culture, not profits and risks
After regulators intervened to prevent the systemic collapse of Signature Bank earlier this week, the institution is now facing backlash after several of its “woke” videos went viral on social media. Critics have questioned the company’s focus on social justice messaging instead of its banking operations as its management team insisted on pushing left-wing cultural destruction and […]
03/17/2023
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By JD Heyes
No wonder it failed: Obama official, Hillary donors, improv actor all on board of Silicon Valley Bank
One of them is a Hillary Clinton mega-donor who visited a Shinto shrine to pray when Donald Trump won the White House. Another is a former staffer for President Barack Obama whose own political career ended in failure. A third person is a frequent contributor to Democrats, including Nancy Pelosi, who owns a vineyard near […]
03/16/2023
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By JD Heyes
‘Forbes Curse’ strikes once again – financial institutions rated ‘excellent’ by failing magazine are collapsing days later
Just weeks before regulators seized control of Silicon Valley Bank due to its inability to meet withdrawal demands, the bank had proudly made Forbes’s annual list of America’s Best Banks. In a Twitter post last week, the bank celebrated the achievement and highlighted its five consecutive years on the list. But Forbes’s prestigious lists have […]
03/16/2023
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By JD Heyes
Capitalism is ‘breaking down before our eyes,’ says prominent hedge fund manager Ken Griffin
Ken Griffin, the founder of Citadel hedge fund, has stated that the Federal Reserve’s rescue package for Silicon Valley Bank is a clear indication that American capitalism is “breaking down before our eyes,” according to a report this week. He argued in an interview with the Financial Times that taxpayers should not have to bail out […]
03/15/2023
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By JD Heyes
Fallout from SVB collapse spreads around the world as global economic system teeters
The financial fallout from the collapse of Silicon Valley Bank late last week is now reverberating around the world, putting the global economy at risk of collapse. Startup founders in California’s Bay Area are growing increasingly anxious about their ability to secure funding and pay employees. The contagion fears have spread to countries such as Canada, […]
03/15/2023
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By JD Heyes
It begins: Bank bailouts start after huge financial institutions start to fail due to woke mismanagement
On Sunday, following the Friday collapse of Silicon Valley Bank in California, Treasury Secretary Janet Yellen claimed on national TV that the Biden regime wasn’t going to “bail out” the bank or any others that failed subsequently. It was a lie because that’s all this administration does is lie. According to The Wall Street Journal on […]
03/14/2023
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By JD Heyes
Failed Silicon Valley Bank paid out bonuses to staffer HOURS before it collapsed as Biden talked about possible bailout
Most Americans alive today remember the “Great Recession” of 2007-08 and know just how close the country came to total economic collapse, thanks to bad banking business practices. In the aftermath of that near-disaster, Democrats passed legislation they claimed would prevent any similar incidents in the future. Sen. Elizabeth Warren (D-Mass.) stumped for and got […]
03/14/2023
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By JD Heyes
Stablecoin USDC busts through dollar peg as its cryptocurrency at risk of losing billions in SVB collapse
The collapse of Silicon Valley Bank in California is continuing to have negative reverberations throughout the economy and across the finance and tech worlds. Circle, a US-based cryptocurrency firm, announced over the weekend that nearly 8 percent of its $40 billion reserves were tied up with SVB. As a result, the value of Circle’s stablecoin, […]
03/14/2023
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By JD Heyes
Stocks in multiple banks tank after collapse of SVB, leading to several halts in trading
Following the collapse of Silicon Valley Bank on Friday and the government’s move to quickly take it over, on Monday the stocks of several other banks began to take such a beating that officials halted trading in their shares several times. Bank shares experienced a decline, with First Republic Bank leading the way, despite regulators taking […]
03/14/2023
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By JD Heyes
Federal regulators close ANOTHER major crypto-centric bank over fears of imminent collapse
Whatever is going on in the banking and financial sector over the past several days, things appear to be getting more dire, not less. In an effort to prevent the banking crisis from spreading, New York state regulators closed down Signature Bank, a major lender in the cryptocurrency industry, on Sunday, according to a report […]
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