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Silicon Valley Bank was regulated by the San Francisco Branch of the Federal Reserve. SVB's current CEO, Gregory W. Becker, sits on the board of directors of the San Francisco Branch of the Federal Reserve. This is legal. There were numerous signs and points
when the Federal Reserve could have and should have stepped in before the bank fell apart. </div>
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I believe many, if not all, of our regulatory agencies are lap dogs, not watch dogs. I recall when the Soviet Union seemed so strong yet when it fell apart, it became apparent that it was full of decay. </div>
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Fran Bills<br>
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<div id="divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> Lekooks <lekooks-bounces@lekook.org> on behalf of Stephanie Tsoris via Lekooks <lekooks@lekook.org><br>
<b>Sent:</b> Wednesday, March 15, 2023 3:40 PM<br>
<b>To:</b> Lynne Smith <lynnethetwin@gmail.com><br>
<b>Cc:</b> Stephanie Tsoris via Lekooks <lekooks@lekook.org><br>
<b>Subject:</b> Re: [Lekooks] SVB implosion and current actions</font>
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<div dir="auto">Thanks for the link;-)<br>
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<div dir="ltr">~Steph</div>
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<blockquote type="cite">On Mar 15, 2023, at 7:05 AM, Lynne Smith via Lekooks <lekooks@lekook.org> wrote:<br>
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<div dir="ltr">I listen to the Daily, almost daily. It’s part of The New York Times. Link below. </div>
<div dir="ltr">It provides great insight into our current state of affairs, providing the context needed to understand an issue, and in about 20 minutes.</div>
<div dir="ltr">Steil really missed the boat on this one, Trump and the republicans actually signed off in de-regulation that made this possible.</div>
<div dir="ltr">Lynne</div>
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<blockquote type="cite">On Mar 14, 2023, at 8:44 PM, Stephanie Tsoris via Lekooks <lekooks@lekook.org> wrote:<br>
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<div dir="ltr"><span>Oh geez … </span><br>
<span>I just googled my bugs bunny-ism and it appears to be offensive. </span><br>
<span>Pay no mind to me. 🐰 🥕 </span><br>
<span></span><br>
<span>~Steph</span><br>
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<blockquote type="cite"><span>On Mar 14, 2023, at 8:37 PM, Stephanie Tsoris <stephaniejotsoris@gmail.com> wrote:</span><br>
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<blockquote type="cite"><span>What a maroon! 🐰 </span><br>
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<blockquote type="cite"><span>~Steph</span><br>
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<blockquote type="cite"><span>On Mar 14, 2023, at 5:28 PM, Gerald Flakas via Lekooks <lekooks@lekook.org> wrote:</span><br>
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