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 ...
Don’t think that is unusual. An old Attorney friend was on 19 Boards and you would recognize his name.
Go woke, go broke, get bailed out by leftist Dems.
Here’s to hoping they are liable for breach of fiduciary responsibility.
It wasn’t even a real bank, it was a branch of Democrat headquarters.
You can only fake anything for so long.
A huge path of corruption seems to follow leftist everywhere they go?
Wasn’t there a similarly-constituted bank in Chicago that went toes-up during the Obama administration ?
Those people are all totally nuts.
Yeah, it seems a lot of times a board chair is a kickback for “services rendered” in years past.
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.
Naw...just a VIP...and very active individual. Not everyone is a bad guy.
If Donald Trump had a billion in SVB, there would be no bailout.
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”.
now the Shinto has hit the fan
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.
I saw a picture of their investment committee. All four were white females in their 40’s.
SVB is a perfect example of go woke, go broke.
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.
Brought on by a total and complete saturation of moral turpitude...
I wouldn't trust Joe Biden to take my dog for a walk.!
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