It has been revealed that that the board of directors of Silicon Valley Bank (SVB), which collapsed in less than 48 hours last week, was packed with staunch Democrats.
Everyone knew it was the go-to bank for woke CEOs,” a source told the New York Post. “They knew they were aligned politically. The companies SVB loaned money to all had a woke agenda.”
There was only one member of SVB’s board had a career in investment banking….the others were major Democratic donors.
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63 year old Tom King, who had 35 years of experience in investment banking, was appointed to the board in September after previously serving as the CEO of investment banking at Barclay’s.
But he was the only one on the board who had a career in the financial industry. The others are a former Obama administration employee, a prolific contributor to former House Speaker Nancy Pelosi and a Hillary Clinton mega-donor who apparently she cried when Trump won in 2016.
The Mail Online reports: The board is now being investigated by federal authorities after it failed to prevent the bank from going under while it was investing clients’ money in risky low-interest government bonds and securities.
It has previously been accused of being too focused on woke issues.
When the bank fell on Friday, it touted that its board included ‘1 black,’ ‘1 LGBTQ+’ member and ‘2 veterans.’ It also noted that its board is 45 percent women.
But only one board member is under the age of 60 — while the oldest is 78.
And only King has experience in the financial investments industry.
The others were major donors to former House Speaker Nancy Pelosi, Clinton, Obama and President Joe Biden who also made contributions to the political action campaigns for Senate Majority Leader Chuck Schumer (D-NY) and Sen. Mark Warner (D-Va.), a longtime member of the powerful Senate Banking Committee.
Niamh Harris
That’s right Double dipping. And where did the “lost money end up? In whose pockets?
Once again” socialising “the alleged losses and privatising the hidden benefits in the class war.
And apparently they’ve set up dominoes Must be the new prelude for Monopoly.
More proof that Demorats phuck up everything they touch.
…or, How they always seem to be able to rescue their friends and have the public pay the bill!!
ommunsts have been very successful in getting US taxpayers to pay the Communists for attempting to destroy them.
You don’t understand who the communists were You don’t know you don’t know., Maybe you do know A monarch is the ultimate communist really who owns absolutely everything, even everyone in their Dominions. They get to decide who deserves what.
I am pretty sure that some US millionaires were part of that. It is a scam for world domination &enslaving the masses as though they are soulless cattle & even cattle are not soulless.
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CHINA BIZZY ran SVB&SET as chair&CEO`s your fauxED news https://uploads.disquscdn.com/images/e7fa2b4c821aea8ab7c5639124ec7f3202a8c00720a2e78c1e09c7bd4ac4a124.jpg ias FOXed
U R days late N lieN4$ as You`all try22 get your story/SS https://uploads.disquscdn.com/images/f37dc3247fb1d439bda805a899dddea7432bb70e43cb673d7201cd12ece45cb2.jpg
SVB was owned by china 50/50 SPD&SVB since 2012
SVB/SPD.china`s first technology bank ran 50% OF ALL VENTURE BACKED TECH&HEALTHCARE in the USA!..CHINESE JOINT VENTURE SINCE 2012
GLOBAL SPILLOVER as SVB/SPD COLLAPSE!!!. Biden can`t have the fed payback the investors as 50% of them are in CHINA-SPD/SVB
BIGGEST BANK COLLAPES IN THE HISTORY OF THE WORLD joint VENTURE with china since 2012 SVB IS SPD your woke is more smoke screening for$$fake NON-news GEAT REAL!!!!news only as free public news
In socialism it is not what you do for the common good, it is who you know & what you do for those seeking power OVER others.
This is a reward for those who helped Demorat takeover. It is bank robbery from the top down & is supported by the government which benefits from it, if, & only if, it is done by Demorats useful to the
revolution…er Party.Boom 181 Silicone Valley Bank, Trump and the cartel drug money.
Has useful clues biut like everything that says its the truth isn’t Well it is but it’s buried There’s 1 clue When they’re blaming Israel, as usual, and they bring up the pictures under the heading East India Corporation just remember that was the Dutch East India Corp really.. I need to figure out what if any role William of Orange had in forming the City of London to satisfy my belief that the Boom bid is another fabrication by neo nazis remembering that some of tfhe experts agrees, there is no way it wasn’t the Bank of England that set up Hitler really.I’m. Remembering how Holland really set up new York originally and how much of the new world was Dutch originally I’m curious now as to how they were pushed out of the pivtrue so completely and what they felt about that.
NO ONE IN THE GOVERMENT STATE DEPT/NETWORK-SS is telling NE WORD OF TRUTH ABOUT SVB/SPD and they don`t even allow HOWARD HUGHES~S KIds to LIVE BIOCIDE GENICIDE and INDENTIY cover up^^^ for trillions in patent right royuitys at HHMI for thier DEEP STATE DARK SHADOWS SPOOKS TO KILL WITH!!!!