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Well yeah. Who would have expected them to take it up the bootyjudge along with the peons?
You are already starting to hear the calls to backstop or bailout this bank.
By the middle of next week it will be massive roar to bail out this bank because we need to contain a contagion of companies and banks that will fail if this bank is allowed to fail.
Well, for their sake, I hope they’re Biden supporters.
Check transactions of members of Congress.
Gee what would a Lib call for? 🧐 oh I know ask for the FBI to raid their homes and arrest them and don’t forget Jim Cramer pumping the stock!
The SEC will be knocking on their doors.
Seems like pebbles in a gravel pile.
These sales occurred on 2/26/23. Why are we hearing about them the day after the collapse?
Those bast..
Those cheat..
Those greedy..
Sorry, I tried to care.
I believe those sales by insiders are subject to ‘claw back’ rules.
These insiders will only enjoy their $4.5 million for a few more days.
Rhey will be bailed out and depositors will be made whole because there are some big shooters with money tied to this bank. We are about to witness again the meaning again of power and wealth. This is no ordinary bank with mom and pop customers who would be wiped out.
Don’t jump to conclusions too fast.
A corporate Senior VP, who I did bargaining battles with in the past, had a simple plan. He sold every piece of stock granted to him the day it was vested. Always has, always will.
It didn’t make much sense at first. He merely said “The biggest percentage gain you will ever see is the first day it is granted (100%)”.
Also, he never had to worry about insider trading accusations since this was how he always did it.
I never liked the guy, but I admire his technique.
EC
FDIC will claw those funds back.
Jack Posobiec 🇺🇸
@JackPosobiec
1500 climate change tech companies were banking with SVB
11:53 AM · Mar 11, 2023
Is SVB a bank, or a money launderer...?
“Something bad, this way, comes...”