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REVEALED: Only ONE member of failed SVB's board had a career in investment banking - and the rest were Obama, Clinton mega-donors who 'grieved' when Trump won including one who went to Shinto shrine 'to pray'
Daily Mail ^ | 14 March 2023 | Melissa Koenig

Posted on 03/15/2023 1:50:57 PM PDT by grundle

Just one member of Silicon Valley Bank's board of directors had a career in investment banking, while the others were major Democratic donors, it has been revealed.

Tom King, 63, was appointed to the board in September after previously serving as the CEO of investment banking at Barclay's. He has had 35 years of experience in investment banking.

But he is the only one on the board with a career in the financial industry, while others are a former Obama administration employee, a prolific contributor to former House Speaker Nancy Pelosi and even a Hillary Clinton mega-donor who prayed at a Shinto shrine when Donald Trump won the 2016 presidential election.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS:
KEYWORDS: abovethegriftedplain; americathegriftable; donatefreerepublic; purplemountaingrifts; svb; thegrift; tightwad; weranourgriftonthee
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1 posted on 03/15/2023 1:50:57 PM PDT by grundle
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To: grundle

Don’t think that is unusual. An old Attorney friend was on 19 Boards and you would recognize his name.


2 posted on 03/15/2023 1:52:31 PM PDT by Sacajaweau ( )
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To: grundle

Go woke, go broke, get bailed out by leftist Dems.


3 posted on 03/15/2023 1:52:42 PM PDT by 1Old Pro
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To: grundle

Here’s to hoping they are liable for breach of fiduciary responsibility.


4 posted on 03/15/2023 1:53:06 PM PDT by glorgau
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To: grundle

It wasn’t even a real bank, it was a branch of Democrat headquarters.


5 posted on 03/15/2023 1:53:12 PM PDT by madison10
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To: grundle

You can only fake anything for so long.


6 posted on 03/15/2023 1:53:43 PM PDT by Rennes Templar (Come back, President Trump.)
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To: grundle

A huge path of corruption seems to follow leftist everywhere they go?


7 posted on 03/15/2023 1:55:36 PM PDT by Leep (Hillary will NEVER be president! 😁)
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To: grundle

Wasn’t there a similarly-constituted bank in Chicago that went toes-up during the Obama administration ?


8 posted on 03/15/2023 1:56:54 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: grundle

Those people are all totally nuts.


9 posted on 03/15/2023 1:57:44 PM PDT by WVNan
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To: Sacajaweau

Yeah, it seems a lot of times a board chair is a kickback for “services rendered” in years past.


10 posted on 03/15/2023 1:58:26 PM PDT by Boogieman
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To: grundle; bitt; Jane Long; rodguy911; Jet Jaguar; Tilted Irish Kilt; fieldmarshaldj; radu; ...

Fraud, corruption, a sham, & treason taking place, obviously.

The American people have been far too patient through genocide and now the theft of our savings.


11 posted on 03/15/2023 1:59:02 PM PDT by ExTexasRedhead
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To: Boogieman

Naw...just a VIP...and very active individual. Not everyone is a bad guy.


12 posted on 03/15/2023 2:00:08 PM PDT by Sacajaweau ( )
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To: grundle

If Donald Trump had a billion in SVB, there would be no bailout.


13 posted on 03/15/2023 2:01:16 PM PDT by nesnah (Infringe - act so as to limit or undermine [something]; encroach on)
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To: Sacajaweau

No, I don’t know anything about your friend and didn’t mean to impugn them, just talking in general about how these seats seem to be handed out like candy to people who are “well connected”.


14 posted on 03/15/2023 2:04:47 PM PDT by Boogieman
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To: grundle

now the Shinto has hit the fan


15 posted on 03/15/2023 2:07:39 PM PDT by bigbob
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To: Sacajaweau

BUt in this case - it really IS an indicator of this bank’s primary customers - Venture capital funding for some of the most woke garbage in the world.


16 posted on 03/15/2023 2:08:37 PM PDT by TheBattman (Democrats-Progressives-Marxists-Socialists - redundant labels.)
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To: grundle

I saw a picture of their investment committee. All four were white females in their 40’s.


17 posted on 03/15/2023 2:09:39 PM PDT by alternatives?
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To: grundle

SVB is a perfect example of go woke, go broke.


18 posted on 03/15/2023 2:15:29 PM PDT by StrictConstructionist
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To: Sacajaweau

Bank boards are different. Their membership is subject to regulation by the FDIC and their primary regulator, whether state or federal. Traditionally, they required that most bank board members have substantial banking and business experience.


19 posted on 03/15/2023 2:15:49 PM PDT by Rockingham
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To: Leep
<">A huge path of corruption seems to follow leftist everywhere they go?"

Brought on by a total and complete saturation of moral turpitude...

I wouldn't trust Joe Biden to take my dog for a walk.!

20 posted on 03/15/2023 2:16:16 PM PDT by unread ("It's not enough that we do our best; sometimes we have to do what's required." W. Churchill.)
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