Second biggest bank failure in the country's history.

Reverberations felt through the stonk market - Tech industry especially rattled.

Hilariously, the Silicon Valley Bank CEO was caught selling $millions of stock just a couple weeks before the company defaulted. (Getting them Nancy Pelosi tips?)

Also hilariously, "economic experts" like Jim Cramer were touting SVB as being a great investment just last month.

Gotta love Central Banks and Joe Biden's economy! 😃

https://www.zerohedge.com/markets/worst-lehman-banks-break-world-again

Reply to this note

Please Login to reply.

Discussion

No replies yet.