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/biz/ - Business & Finance

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54015983 No.54015983 [Reply] [Original]

https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html
SILICON VALLEY BANK SHUT DOWN, FDIC TO PROTECT INSURED DEPOSITS
SILICON VALLEY BANK SHUT DOWN, FDIC TO PROTECT INSURED DEPOSITS
SILICON VALLEY BANK SHUT DOWN, FDIC TO PROTECT INSURED DEPOSITS
>it's ogre

>> No.54016025
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54016025

It's over.

>> No.54016075

That is awfully abrupt

Think I will order that Ron Paul bumper sticker now

>> No.54016125

>>54015983
S

>> No.54016170

I work at a VC backed unicorn, financed by SVB.
Will I get bogged?

>> No.54016433
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54016433

>>54016170

>> No.54016445

>>54015983
>https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html
Is that a good thing? Fed to pay customers??

>> No.54016835
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54016835

BOUT TIME!

>> No.54016956

>>54015983
Priced in
PRICED IN
P R I C E D I N
No way that rates are increased by anything more than 0.25 now. This is the start of the bull run.

>> No.54016973

>>54016956
Lol.

>> No.54017029
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54017029

>>54015983
>FDIC TO PROTECT INSURED DEPOSITS
Good lord you are so naive. These people will never see a dime of their money. FDIC is a scam

>> No.54018756

good thing it's Friday!

>> No.54019366

>>54015983
NO BAIL OUT FOR SILICON VALLEY!
FUCK THESE ASSHOLES!
LET THEM LOSE ALL THEIR MONEY JUST LIKE THE REST OF US!

>> No.54019759

Kek, Joe Biden and his Government ruined another company, and no one is talking about his involvement in ruining the economy from all this excess debt and inflation.

>> No.54019773

>>54015983
Except most accounts have over the FDIC insurance limit and they will have to wait for the liquidation process to receive anything. We can see a lot of startups with a few bucks in cold hard cash next week. Mass layoffs as soon as monday

>> No.54019778
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54019778

>>54016025

>> No.54019809

>>54019759
Obviously this is Trump’s fault, just like the train derailment in Ohio (somehow?) was

>> No.54019871
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54019871

>>54019773
>Mass layoffs
You are assuming they have money to pay off severance when all their money is in svb. They are going to get furloughed and work for free