Are Banks going Belly Up?

[ExomatrixTV]

• The Federal Reserve Just Made An Emergency Decision Which Will Fundamentally Change Banking In America Forever

• First Republic Bank Plunges 66% in Pre-Market
• Western Alliance Bank Down 62% – Customers Line Up in California
• Small Banks Are Crashing
• Outrageous - SVB Provided Massive Amounts of Money to Chinese Tech Ventures - Now Biden, FDIC,
• Federal Reverse Are Bailing It Out - Clearly Biden
• Is Working for China, NOT America
• Massive US $620 billion ticking time bomb - FDIC
• reveals 'unrealized losses' across US banks
  Brown - The Looming Quadrillion Dollar
• Derivatives Tsunami
• Biden Insists 'The Banking System Is Safe'
• Futures Tumble, Yields Crater, Banks Plunge
• As Market Realizes Latest Bailout Is Insufficient
• Trump blames bank failures on Biden, warns of new ‘Great Depression’
• US dollar slides amid banking turmoil
• SVB Reportedly Paid Hefty Bonus to Employees on Day of FDIC Takeover
• SVB and Signature Bank Collapses
• May Herald Recession in United States
• Blankfein Says 'Govt Actions Removed Reasons
• For Bank Run' As Ackman Pleads 'Regional Banks
• Are Incredible Bargain'
• Schiff - Fed Launches 'QE Extra Lite’
• To Bail Out Banks
• Charles Schwab leads US financial sector wipeout
• Big Trouble In Little Banks - Bailout Sparks Buying Panic In Bonds, Bitcoin, & Bullion
• Trading in stocks of four banks halted at NYSE
• Small Banks Are Crashing
• Federal Home Loan Banks Raising $64 Billion
• Sparks Speculation Of Surge In Deposit Runs
  

[pyrangello]

So nobody has even mentioned moving your money to your local credit union. Here in the states credit unions are everywhere and are managed under a smaller scale with less rules than a conventional bank. Credit unions are often geared towards the local community with more detailed scrutiny on who they decide to lend to. Thus less risk .Comments ?

I was just reading an article where one of the top executives at SVB has a nice resume of creditials , job history was management in Enron, management of Lehman and now management in SBV. And that this guy was put there by design. They say the eyes are a snapshot of your soul, this guys look has no soul. I'll post the link in a bit.

Also was listening to a podcast of cliff high where he says in May the shtf and continues on all summer, this is just an appetizer of things to come. He gives a month by month perspective in detail and this is going to be a bumpy ride to say the least, cash, food stored, any precious metal, and minimal debt are some of the goals to get too. That's not always easy for many but we do what we can , main thrust of his mantra from what I interpreted is we have until May before everything starts to boil and we watch those who are in charge start the meltdown process of the system and themselves ,will be a hell of a show.

For many who live a very simple and conservative lifestyle you will be just a spectator watching things unfold, stock up on popcorn.if your living on the edge right now beyond your means I would suggest you re evaluate and downsize as fast as you can . I've Been hearing for months now July is when things are going to be in the danger zone for commerce.

I'm not writing this to make anybody panic or live in fear. Will all get thru this , it just depends how comfortable or unfortable it will be. I can tell you from experience, back in the 80's I started a company with 100.00, in 12 years time grew it to over 8 mil in sales, then the moon's were aligned in very wrong direction in 1 year and I lost it all, went from making big money to having just 500.00 in my pocket , no job and no place to live. Kept telling myself it will get better one day , and it did but what a ride that was and it took a few years. I look back on those times now being 60. Yes I would have made some different decisions but after having so much and losing it all I realized what I lost wasn't that important, it was all the things that when we leave this earth you can't take with you anyways. And what is the most important are everything money can't buy. I will say it again, do not live in fear, do what you can, vent or ask questions here on Avalon, we will all get thru this.

One final note , my grandmother who is gone now , miss her too much. Told me a story when the depression hit ( fyi cliff high defined depression as the slowing down of money/commerce as a depressed state ) SHE said , her and my grandfather had $1000.00 in the bank. When the depression hit the bank president took off with all the money including theirs. She said it took 6 months to get 1/2 of the money back and they never did get the remaining 500.00. Sounds like history is about to repeat itself.

[Isserley]

[Rizotto]

Interesting and concise (8 minutes) analysis by Kim Iversen. SVB was in a good situation, but was suddenly confronted with requests for withdrawals, too numerous to handle. The Feds could have provided the cash to SVB, but instead required it to shut down, its assets taken over by bigger banks. It all looks too much like a scheme devised to centralize the banking system, and implement CBDC.

"The Collapse Of Silicon Valley Bank Is Meant To Control Big Tech and Usher In CBDC"

Source: https://youtube.com/watch?v=DUBKdzG5vcY

CBDC would be a disaster, the end of whatever freedom we may have left. How do we stop this...

[ExomatrixTV]

Posted by Rizotto (here)
Interesting and concise (8 minutes) analysis by Kim Iversen. SVB was in a good situation, but was suddenly confronted with requests for withdrawals, too numerous to handle. The Feds could have provided the cash to SVB, but instead required it to shut down, its assets taken over by bigger banks. It all looks too much like a scheme devised to centralize the banking system, and implement CBDC.

"The Collapse Of Silicon Valley Bank Is Meant To Control Big Tech and Usher In CBDC"

Source: https://youtube.com/watch?v=DUBKdzG5vcY

CBDC would be a disaster, the end of whatever freedom we may have left. How do we stop this...

• Biggest Threat To Financial Freedom is CBDC
  

[Miller]

INTERVIEW: After the collapse of the SVB bank is Zelensky the next to fall?

Garland Nixon joins George Galloway in an interesting discussion about the collapse of SVB and also touches on other current affairs, including the war in Ukraine and China's brokering of the Saudi/Syria deal.

Source: https://youtube.com/watch?v=2NLmHg4qM1o

[Gwin Ru]

...

... errr... cough-cough...

[pyrangello]

There are no co-incidences are there- ponder this guy working there , he's got alot of experience!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!-

WEF Insider Admits Silicon Valley Bank Crash Is a ‘Great Reset Scam’

https://newspunch.com/wef-insider-ad...at-reset-scam/

Do you know where Joseph Gentile worked before he was at Silicon Valley Bank? He was the chief financial officer at Lehmann Brothers, which was the largest bank to crash in US history.

That’s one hell of a coincidence… but it gets even worse. Where do you think he worked before Lehmann Brothers?

Do you remember a company named Enron? Enron was an energy company based in Houston Texas and a Wall Street darling in the 90s. Do you remember Enron getting shut down in late 2001? Enron was the biggest bankruptcy in US history and the biggest audit failure. The founder and CEO were sentenced to 24 years in prison.

It just so happens Joseph Gentile was at the helm of all three companies before they went to the wall. And unlike his colleagues, he has never faced justice. The mainstream media want you to believe that this is just a coincidence. But there are no coincidences.

[ExomatrixTV]

• Breaking! The Great Collapse Continues As More Banks Warn Of Failure:

Source: https://youtube.com/watch?v=J9EGjAluvV0

"Credit Suisse is just the latest bank warning of structural collapse as the orchestrated financial slide continues. The Biden administration is saying it's not a bailout but what would you call it when the government steps in to pay off deposits? And why didn't the government save FTX depositors?

[ExomatrixTV]

• Banking Meltdown – 2008 Crisis All Over Again?

• source

[ExomatrixTV]

• Bank Seizures Were An Attack On Crypto:

Source: https://youtube.com/watch?v=BfUJnKFacNU

[Franny]

Well, well! Biden says his team was aware of the collapse last week. Even better, the feds alerted Israel last week that SVB was collapsing so they could get their money out. And more...

Source: https://youtube.com/watch?v=J9EGjAluvV0

[shaberon]

Let's give an I-told-you-so-at-Davos-2020 to this billionaire hedge fund manager:


“The US is supposed to be a capitalist economy, and that’s breaking down before our eyes,” Griffin told a major British business journal during an interview on Monday.


Now that is good that some of you caught the re-positioning of the same soulless individual who was in a similar office when Lehman decided to gargle on barbed wire around 2008. That is suspicious. That is definitely very suspicious. Would you want to hire such an individual? Isn't your career theoretically crushed in a tidal wave of shame and disgrace to all your peers and colleagues? I guess it doesn't work that way, since, obviously, it doesn't work at all.

While he was in the office, not everyone else was. Let's have a refresher for our behind-the-times billionaire, because, when you hire employees, you are staffing your needs with negligence:


...the Federal Reserves' rate hikes policy was adopted in March 2022 and obviously did not come as a bolt from the blue for the SVB. Clouds have been gathering on the bank's horizon for quite a while, prompting the question as to what the financial institution's risk management had been busy with all that time.

While the world economy has been experiencing a perfect storm, the California-based bank's leadership appeared to be focused on something more important than financial security, i.e. promoting a "culture of inclusion" and creating "equity in hiring, performance management, benefits, supplier diversity, donations and volunteering."

To keep everyone ensured that the equity process is going on, the bank reported its "workforce diversity metrics" to its employees and board, and annually published the data on its website.

To complicate matters further, the US conservative press has revealed that the SVB operated without a chief risk officer (CRO) between April 2022 and January 2023. Laura Izurieta, the bank's former head of risk, left the bank in April 2022. Somehow her position remained unfilled for nine months until when Kim Olson, formerly of Japanese bank Sumitomo Mitsui, took the reins of the risk office in January.

Meanwhile, on the other side of the pond, Jay Ersapah, the UK-based head of financial risk management for SVB in Europe, Africa and the Middle East, seemed distracted by her own agenda, pushing ahead with a vast variety of LGBTQ initiatives including a month-long pride campaign and a new blog raising mental health awareness for queer youth. She also served as director for Diversity Role Models and volunteered as a mentor for migrant leaders.

Nine months ago, SVB released a corporate video featuring Ersapah who said that she "could not be prouder" to work for the bank serving "underrepresented entrepreneurs." All this at the time that no CRO was present at the California office and Ersapah, theoretically, should have been watching closely how the Fed's aggressive hikes were eating away at long-term bonds the bank relied on and sucking the life from the world's major currencies.


Chiming in is one of those brutes who pulled the plug from Black Rock over their Green Nazi obsession:


Florida Governor Ron DeSantis, who is rumored by the US press to kick off an unofficial presidential campaign, blamed the SVB collapse on the controversial "woke" culture. "This bank, they’re so concerned with DEI [diversity, equity, and inclusion] and politics and all kinds of stuff. I think that really diverted from them focusing on their core mission," DeSantis told a US broadcaster.


That may be just his opinion, but, let's say it just created reality for thirty million rich, powerful individuals. Florida is going to vomit green until you will need to rename the Sargasso Sea. This is environmentally-impacting. Most large financial institutions are, in fact, so disgusting, that the cure alone would make anyone feel suicidal. It was only several months ago that only 19/50 states scraped off that barnacle! And now here we are, still thinking this kind of Capitalism is going to "work" despite the repeated death knells, and, a good look from SVB about what goes on "at work".



This is a bit of a sensationalized headline:

Charles Schwab leads US financial sector wipeout


for:

The firm’s stock dropped over 20% as fears of a banking crisis mounted



Derivatives by Ellen Brown is very sensible:



Technically, the cutoff for SIFIs is $250 billion in assets. However, the reason they are called “systemically important” is not their asset size but the fact that their failure could bring down the whole financial system. That designation comes chiefly from their exposure to derivatives, the global casino that is so highly interconnected that it is a “house of cards.” Pull out one card and the whole house collapses. SVB held $27.7 billion in derivatives, no small sum, but it is only .05% of the $55,387 billion ($55.387 trillion) held by JPMorgan, the largest U.S. derivatives bank.

...the FDIC fund is sufficient to cover only about 2% of the $9.6 trillion in U.S. insured deposits. A nationwide crisis triggering bank runs across the country, as happened in the early 1930s, would wipe out the fund. Today, some financial pundits are predicting a crisis of that magnitude in the quadrillion dollar-plus derivatives market, due to rapidly rising interest rates.

As of the third quarter of 2022, according to the “Quarterly Report on Bank Trading and Derivatives Activities” of the Office of the Comptroller of the Currency (the federal bank regulator), a total of 1,211 insured U.S. national and state commercial banks and savings associations held derivatives, but 88.6% of these were concentrated in only four large banks: J.P. Morgan Chase ($54.3 trillion), Goldman Sachs ($51 trillion), Citibank ($46 trillion), Bank of America ($21.6 trillion), followed by Wells Fargo ($12.2 trillion).


The article goes on to explain how "shadow banks" that almost exclusively handle these paper debts and bets have "super-priority" if anything attached to them enters bankruptcy. In other words, if your employer suddenly closed one day, your final pay would go to them.


I don't think she said anything about Deutsche Bank, that represents the U. S. alone. In total there is only about 2% of the money to cover what people believe they have in the bank. If there was a run, everything would vanish overnight. How do we suddenly replace $9T that they already own? Especially in the face of unbacked Derivatives amounting to a hundred times that amount?? Treasuries are just as much part of the problem??

I understand the patient can be kept alive by machines, but, machines require maintenance, which appears unavailable for this.

[palehorse]

before the Silicon Valley bank went under, there was rumors that a relatively big amount of money was moved out to Israhell, the amount in question is around 1 billion dollar.

ref.: https://www.timesofisrael.com/tel-av...aeli-startups/


If it was true that it may be an attempt on clock down crypto, I can tell you, they will **** up only with the ones "investing" in crypto and that is pretty much what they can do. Screw them all in that case.
If people hold their keys, it is their crypto, even if all banks in the world goes under.


trying to strangle crypto to death? this is not true, who do you think was responsible for the inception of bitcoin? Nakamoto? cmon we don't need to think that much to know what it is all about.


CBDC is here folks, and it will be the only "official" crypto in your country, anything else Bitcoin/Monero/Dero/Bitcoin Gold/Ethereum/Etc.. will be considered illegal or highly controlled at some point and they will crack down on it as much as they can, the good news is: they can't stop it.

There is a theory (I call it theory because it didn't happen yet) about bitcoin, if some actor with enough resource controls 51% or more (think of a large pool of miners) of all network's hash power, he could possibly double spend that crypto, controls transactions, and so on... who could do that? people with large resource to spend like Kill Gates, Hellon Musk or institutions like WEF or a group of institutions.. that's exactly how bitcoin dies off (and any other crypto that is mined in order to generate the so called coins), because after all nobody would be interested to buy something that is compromised. period. But hey, it would cost the globalist dearly to do such a thing, are them willing to spend such huge money to destroy something?

At this point we can't trust anything that has a slightest chance of been corrupted by power.. and bitcoin can be. enough said about bitcoin.

The perfect crypto for people, for spending, NOT FOR ****ING INVESTORS, would be the one that has no financial incentives for the ones involved in using it. Again not for investors!

There is various types of digital proofs out there used in crypto, in my humble opinion the one that will succeed is the one that won't allow anyone to make profits out of it, the one that is by design non-profitable. FOR SPENDING ONLY.

That's how real financial freedom comes to the table.. we are not very far from that. The cabal are desperate.

[norman]

Edward Dowd's take on things . . . . .


Mel K & Edward Dowd | The Controlled Demolition of the Financial System by Design | 3-13-23
35 minutes Posted Mar 13, 2023


It's pretty stark, but he says some very wealthy people took the vax and are waking up to the fact they are not IN THE CLUB . . . . things are about to get interesting. It's not just the Thai royal family who are pissed.


video version:


Source: https://www.bitchute.com/video/sIaAzcPGpaxJ/

[pueblo]

[Bill Ryan]

Three fun minutes of amusing sanity with Tucker Carlson talking to analyst Stephanie Pomboy.

Economist warns Tucker why more banks could ‘go belly up’

Source: https://youtube.com/watch?v=eTWOm4c71Bs

[ExomatrixTV]

• JUST IN: John Kennedy Delivers Epic Takedown Of Biden For 'Bailout' Of Silicon Valley Bank:

Source: https://youtube.com/watch?v=MhJLwDU4Oz0

Sen. John Kennedy (R-LA) slams President Biden for "bailing out" three banks, including Silicon Valley Bank, on the Senate floor.

[rgray222]

Silcon Valley Bank Gave $73 Million to Black Lives Matter. Its Explains a Lot About the Bank's Collapse |

Donations were used to fund further organizations, and a political action committee to elect woke leaders
The revelation comes after the banks were derided for being too woke and not focused enough on red flags at their companies


Woke Silicon Valley Bank donated over $73 million to Black Lives Matter-related social justice groups in the years before it collapsed, while failed Signature Bank gave $850,000, it has been revealed

A database by the conservative Claremont Institute shows that SVB donated around $73,450,000 to the movement and other social justice causes as it worked to increase its Environmental, Social and Governance rating.

Meanwhile, New York-based Signature Bank donated a total of $850,000 over several years before it failed on Sunday

It is unclear how the donations given by the banks were spent - but the Claremont Institute claimed Global Network, a BLM private organization, uses its money to fund Black Lives Matter demonstrations and contributed to the organization's political action committee focused on electing progressive leaders.

The revelation comes as the banks are derided for being too woke and not focused enough on the red flags at their companies.

Source & to read the full story: https://www.dailymail.co.uk/news/art...es-Matter.html

[norman]

Dr. Kirk Elliot, talKs to Seth Holehouse on Man In America

Streamed on: Mar 15, 9:00 pm EDT
Banking Collapse Accelerates: Are They Doing it ON PURPOSE to Force a CBDC?
https://rumble.com/v2db6mk-banking-c...ce-a-cbdc.html


Among many other things, he says Joe Biden's bailout plan is really a move to directly nationalise the people's deposits in their banks.

I see a trend.

If Moderna modifies your DNA, and own the patent on that modification, who owns you ?

If the state draws up a legal protection of your deposit in a bank, who owns that money ? [ what's in the 'small print' ]

If you live entirely on welfare cheques, who owns you ?



Source: https://www.rumble.com/video/v2apr0u/?pub=4