this is huge
From what the venture capitals to small biz ...
I cannot understand the vitriol on FR. They just do not comprehend the reach and how this is going to push biz into only 4 banks.
I don’t get the hate either EBH.
This bank failure is going to have a big impact and a lot of people will be hurt.
Here is why there is vitriol:
https://www.zerohedge.com/news/2023-03-10/lulz-svb-website
They hate us.
We can hardly be blamed for hating them back.
I worry about the credit unions. I know they are generally stable but I see the big banks renewing their attacks on them as a means of getting at stable pots of money!