So it has recently been uncovered that Gavin Newsom had some major financial ties to the SVB raising significant questions on the bailout of this bank beyond the regular deposit insurance levels. Wonder if the Left Wing media will take not of this and investigate. I suspect not.
I’d be more suspicious if we didn’t bail out so many other banks. Bailing out SVB really isn’t that unusual, and it was done to prevent both a contagion in the financial system as well as a collapse of the tech industry that was a heavy user of the bank.
I hope those reports attract enough attention to force legal and regulatory investigations. Based on the Newsweek article, it appears that regulators should examine non-fiduciary policies and expenditures. It seems the bank principals operated somewhat like the FTX inner circle.
OK, that is a start. 4 limited distribution sites have raised some questions. The mainstream left wing media is still missing in action on this blockbuster story of democrat leadership influence peddling and coverup.
Require private gun transactions also go through a background check.
I’d be willing to have that discussion.
So it has recently been uncovered that Gavin Newsom had some major financial ties to the SVB raising significant questions on the bailout of this bank beyond the regular deposit insurance levels. Wonder if the Left Wing media will take not of this and investigate. I suspect not.
I’d be more suspicious if we didn’t bail out so many other banks. Bailing out SVB really isn’t that unusual, and it was done to prevent both a contagion in the financial system as well as a collapse of the tech industry that was a heavy user of the bank.
... and now we know it was also done to prevent a future Democrat Presidential candidate from loosing a major piece of his financial empire.
You mean like...
https://theintercept.com/2023/03/14/cheering-silicon-valley-bank-bailout-gavin-newsom-doesnt-mention-hes-a-client/
https://www.newsweek.com/gavin-newsom-ties-silicon-valley-bank-raise-questions-1787495
https://www.businessinsider.com/gavin-newsom-svb-biden-silicon-valley-bank-wineries-bailout-lobbying-2023-3
https://www.sfgate.com/tech/article/gavin-newsom-ties-to-silicon-valley-bank-17838746.php
I hope those reports attract enough attention to force legal and regulatory investigations. Based on the Newsweek article, it appears that regulators should examine non-fiduciary policies and expenditures. It seems the bank principals operated somewhat like the FTX inner circle.
OK, that is a start. 4 limited distribution sites have raised some questions. The mainstream left wing media is still missing in action on this blockbuster story of democrat leadership influence peddling and coverup.