Posted on 03/13/2023 7:05:32 AM PDT by ChicagoConservative27
Former Rep. Barney Frank (D-MA), author of the 2010 Dodd-Frank bill, sat on the board for Signature Bank which collapsed in the wake of the Silicon Valley Bank (SVB) implosion.
The U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) announced in a joint statement on Sunday the plan to manage the fallout of SVB’s collapse as well as the demise of Signature Bank. “Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” the joint statement read. “This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.”
(Excerpt) Read more at breitbart.com ...
Such a good time to be poor!
I AM THE BANKING QUEEN
Right.
I’m surprised that Barney can sit anywhere.
I saw that effeminate bastard on Newsmax this morning.
The same guy who’s younger bf was allegedly running a prostitution ring out of his house and he ‘didn’t know’.
Every time I hear “Dancing Queen” I use the Paul Shanklin version in my head.
Its possible SVB might be a key player in the Gay Mafia $$$ flow.
We DO know that there is a bank in New Orleans who IS the key money flow for SEIU.
Bwaney Fwank assured everybody that Fannie Mae and Freddie Mac were just fine and would never need a bailout....leading up to 2008 and the Great Recession.
No surprise about this clown, a loser working with a loser.
Barney Frank Sat on a lot of men’s faces and other parts of men.
He’s sat on a lot of staffs.
yup, economic sodomy
gay troll Sat on Board for Collapsed Signature Bank, fixed it
Was this at the same time he was running a gay brothel out of his home? When the brothel was finally made public, Barney blamed everything on his ‘roommate.’ There were hundreds of parking tickets that Barney helped fix, but he took the Sargent Schultz route “I know nothing, nothing” and no one would dare risk getting on the bad side of Barney.
I remember that, ugh!
and the bf is now his “husband.”
Highway To Hell,
Left Lane,
Floored!
Sad...
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