Tag: SVB failure
Assembly, Senate Leaders Call on Gov. Newsom to Recuse Himself from Silicon Valley Bank Bailout
As everyone now knows, Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the FDIC in charge of liquidation. California Governor Gavin Newsom issued a statement Saturday morning in response saying “Over the last 48...
Failed Silicon Valley Bank, the Newsoms, and Connected Friends
The Silicon Valley Bank failure and shutdown is because of “idiot bank management under an incompetent board,” according to Shark Tank star Kevin O’Leary. “O’Leary joined Fox News hosts Bill Hemmer and Dana Perino on Tuesday to discuss the Silicon Valley...
Open the Books Links Gov. Gavin Newsom and Silicon Valley Bank
Following the Friday Silicon Valley Bank closure, Sunday morning the Globe reported an interesting tie between Silicon Valley Bank and California’s First Partner Jennifer Siebel Newsom – John China, SVB Executive of Capital sits on the board of Jennifer Siebel Newsom’s California Partners...
SVB Depositors Made Whole by Fed
Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the FDIC in charge of liquidation, the Globe reported. SVB was one of the largest banks in the country and one of the premier banks...
Silicon Valley Bank Ties to California First Partner Jennifer Newsom
Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the FDIC in charge of liquidation. SVB was one of the largest banks in the country and one of the premier banks of Venture Capital...
State Regulators Shut Down Silicon Valley Bank
The California Department of Financial Protection and Innovation announced on Friday that the Silicon Valley Bank (SVB) would be shut down with the FDIC in charge of liquidation, officially ending one of the largest banks in the country and one...