2023-03-16
etc
Horseshit
Pestilence / Pox / COVID / VaxCult
Culture War / Tribal / Re segregation
Edumacationalizing / Acedemia Nuts
Media / ShowBiz / Advertising
TechSuck
Crypto con games
Economicon / Business / Finance
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Swiss Government Holds Talks on Options to Stabilize Credit Suisse
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Switzerland's central bank says it will backstop Credit Suisse if necessary
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Swiss National Bank Issues Statement: "Will Provide Liquidity If Necessary" | ZeroHedge
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SNB to provide Credit Suisse with liquidity if needed; £75B wiped off FTSE 100
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JPMorgan, Morgan Stanley and Others in Talks to Bolster First Republic Bank
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Barney Frank Talks More About the Surprise Shuttering of Signature Bank
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Shards of Silicon Valley Bank Are for Sale, but No One Is Buying Yet
Gubmint / Poilitcks / Law Making
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After Silicon Valley Bank, scrap the bank deposit insurance limit
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Biden Is Effectively Nationalizing The Deposit Base Of The Entire U.S. Financial System.
They guaranteed the deposits, all of them, at Silicon Valley Bank. And what that really means, and they won’t say it, and I’ll come back to that, what that really means is that they have guaranteed the entire deposit base of the U.S. financial system, the entire deposit base. Why? Because you can’t guarantee all the deposits in Silicon Valley Bank and then the next day say to the depositors, say at First Republic, sorry, yours aren’t guaranteed. Of course, they are.
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Yellen Admits that CCP-Linked Silicon Valley Bank Depositors Will Be Bailed Out by U.S. Banks