Silicon Valley Bank?
No coincidences.
Your speculation on Soros is quite relevant.
________________________________________________
That’s a nice connection, CDY. In 2017, Soros’s Open Society Foundations announced that he had transferred $18 billion of his fortune towards funding the future work of the Foundations. We don’t know where he parked that money, but it was likely spread among several institutions.
The alternate news media reported that Soros disappeared on or about March 4, 2023. On March 8, 2023, two days before the SVB closure, SVB announced that it had sold $21 billion in securities at a loss of $1.8 billion. The purchased media reported that the bank failure occurred because large portfolio companies became concerned about the bank’s stability after the $1.8 billion loss and started to pull their money out.
If the Soros Foundations had $1.8 billion of the $18 billion stored in SVB, and it was seized, SVB would have to explain where the $1.8 billion went, so they invented the securities loss on March 8. It’s also possible that there were no phantom depositors who withdrew their money after the report of the $1.8 billion loss, but that the bulk of the money supporting the bank was all Foundations money and it was all seized, causing the collapse.
On March 10, New York-based Signature Bank saw $10 billion removed from its holdings by “depositors”. Credit Suisse just had to be bailed out too. Were these sudden and massive withdrawals causing the failure of these 3 banks also seizures of the Foundations’ money that was deposited in these banks? Is the money being seized ONLY Soros money or is the property of other Persons being seized as well?
If the bank crashes are tied to the removal of money subject to Executive Order 13818 (Blocking the Property of Persons Involved in Serious Human Rights Abuse or Corruption), things may be about to explode into the public consciousness. This is all my fantasy anyway.
good fantasy ya got there, LL..
Now, someone should take a stab at connecting SVB with SBF/FTX (or Signature Bank or First Republic Bank)