banking as presented by a world class cartoonist;

Silicon Valley Bank is yet another example of corruption in the banking sector. I’ve read that SVB is the second largest banking failure in US history.

A woke and ‘green’ bank, SVB was devoted to ‘DIE,’ or Diversity, Inclusion, and Equity.

Maybe the latter in particular contributed to their collapse, but before it did go bust executives running the sorry show made sure they cashed out of their stock and rewarded all the top executives with generous bonuses. The taxpayers will pick up the rest of the tab via FDIC insurance… 

A lot about this bank collapse sounds familiar. Jim Cramer recommended the stock ahead of its demise—just like he did with Bear Stearns and Lehman Brothers. Of course, Cramer should be put on the ignore list after he pounded the table and insisted on forced Covid vaccinations for everyone in America. The man sided with tyranny. Don’t side with him – ever again.

Then there is the billionaire class that always seems to come out on top. Peter Thiel’s fund withdrew most of its money out of SVB just in time. Perhaps Thiel possessed better inside information due to his Palantir ball or something, or it could be that he is smart and always knows when it’s time to ‘get out.’ My point is the insiders always have the advantage. Regular investors become bag holders.

We need a criminal investigation into SVC, but most likely they will be bailed out before the collapse of more financial institutions is triggered. We know Wells Fargo has problems, almost on a continuous basis. Apparently deposits were disappearing and many customers complained of incorrect balances. WF is a criminal organization that has already paid large fines in the past – just like Pfizer............more.........