[Lekooks] SVB implosion and current actions

[Fran B.]

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.

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.

Fran Bills


________________________________
From: Lekooks <lekooks-bounces at lekook.org> on behalf of Stephanie Tsoris via Lekooks <lekooks at lekook.org>
Sent: Wednesday, March 15, 2023 3:40 PM
To: Lynne Smith <lynnethetwin at gmail.com>
Cc: Stephanie Tsoris via Lekooks <lekooks at lekook.org>
Subject: Re: [Lekooks] SVB implosion and current actions

Thanks for the link;-)

~Steph

On Mar 15, 2023, at 7:05 AM, Lynne Smith via Lekooks <lekooks at lekook.org> wrote:


I listen to the Daily, almost daily. It’s part of The New York Times. Link below.
It provides great insight into our current state of affairs, providing the context needed to understand an issue, and in about 20 minutes.
Steil really missed the boat on this one, Trump and the republicans actually signed off in de-regulation that made this possible.
Lynne
<https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.nytimes.com%2F2023%2F03%2F14%2Fpodcasts%2Fthe-daily%2Fsilicon-valley-bank-failure-deposits-finance.html&data=05%7C01%7C%7Ce83702b09a7444defedb08db256baa7e%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638144916578900929%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=rU1CoVP%2B5oGLV%2BlZcxX7lXQyCqD2jLX6oSdn3PzreB4%3D&reserved=0>
[14daily-silicon-valley-bank-image-facebookJumbo-v3.jpg]
The Implosion of Silicon Valley Bank<https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.nytimes.com%2F2023%2F03%2F14%2Fpodcasts%2Fthe-daily%2Fsilicon-valley-bank-failure-deposits-finance.html&data=05%7C01%7C%7Ce83702b09a7444defedb08db256baa7e%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638144916578900929%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=rU1CoVP%2B5oGLV%2BlZcxX7lXQyCqD2jLX6oSdn3PzreB4%3D&reserved=0>
nytimes.com<https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.nytimes.com%2F2023%2F03%2F14%2Fpodcasts%2Fthe-daily%2Fsilicon-valley-bank-failure-deposits-finance.html&data=05%7C01%7C%7Ce83702b09a7444defedb08db256baa7e%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638144916578900929%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=rU1CoVP%2B5oGLV%2BlZcxX7lXQyCqD2jLX6oSdn3PzreB4%3D&reserved=0>



On Mar 14, 2023, at 8:44 PM, Stephanie Tsoris via Lekooks <lekooks at lekook.org> wrote:

Oh geez …
I just googled my bugs bunny-ism and it appears to be offensive.
Pay no mind to me. �� ��

~Steph

On Mar 14, 2023, at 8:37 PM, Stephanie Tsoris <stephaniejotsoris at gmail.com> wrote:

What a maroon! ��

~Steph

On Mar 14, 2023, at 5:28 PM, Gerald Flakas via Lekooks <lekooks at lekook.org> wrote:


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