What the heck happened to Forbes? They Ranked Silicon Valley Bank as one of the best banks in the world less than a month before it collapsed!

Hotair ^ | 03/13/2023 | David Strom

[WKTimpco]

Elitist power structure at work.

[unclebankster]

I guess they didn’t look at Silicon Valley Bank’s exposure to the technology sector, bond positioning, the Central Bank’s interest rate hikes, and whatever caused large withdrawals from depositors.

Other than these “small issues” Forbes is an economic oracle.(sarcasm)

[Rurudyne]

Be something if they were covertly dumping any stock they held in that month.

[Major Matt Mason]

If China is a part-owner of Forbes, is it that surprising that they've completely lost their way? It's pretty clear that China has way too much influence in this country, and this is just another example of the damage they are doing.

[rxsid]

What the heck happend?

Gee...we have noooooo idea why.

The Chinese Communist Party tries to gobble up Forbes media

[rxsid]

...the Chinese aren't stupid. They obviously play the long game, whereas Americans play the drive through dinner short game.

They're probably the biggest single entity behind all this "diversity" "equity" and "lbgtqrstuvwxyx+-?!" garbage that has infected our country.

They understand by doing so, they will undermine our country from within.

[conserv8]

Any chance it was orchestrated?

[SaveFerris]

Forbes was taken over by GOP Establishment boobs?

[Trump Girl Kit Cat]

Forbes has been a leftist rag for some time now!!!

[Steely Tom]

Just look at the stupid, lying face of sociopathic Elizabeth Holmes. She fooled a bunch of rich old geezers into thinking she was a female version of Steve Jobs, inventor of the device on which I type these words.

[Steely Tom]

I note that when I type the name of its inventor, my iPad automatically capitalizes his surname. Someone at Apple must have programmed it to do so.

[Iron Munro]

Forbes went woke - that’s what happened.

They were dazzled by meaningless woke policies and ignored the important basics.

The business of businesses should be business, not social polict fads.

[pepsionice]

This orchestration idea has been on my mind...on two levels.

First, it would require someone in a position of authority to massively buy into the fed bond situation, having some insider fed knowledge that better paying bonds would arrive on the doorstep in the near future. You would think that the mega-banks would have insider knowledge to avoid screwing up.

Second, via HSBC buying SVB...I would suspect for the past six to twelve months, they saw the trend and knew that the bank would reach failure status. Maybe they had all the reports, knew the value, and how to purchase the bank for literally nothing.

Oddly, the key folks with zero knowledge or hints of trouble? Treasury Department.

[no-to-illegals]

Did the failure pay to play (advertisement) ???

[caww]

On Sundays Meet he Press Maria Teresa Kumar said....... “Silicon Valley Bank is the “Democrats’ ATM”

[caww]

[dennisw]

Say whut??? I am baffled and flummoxed! I am removing $$$ from Wells Fargo. I don’t trust these rats

[dennisw]

“On Sundays Meet he Press Maria Teresa Kumar said....... “Silicon Valley Bank is the “Democrats’ ATM””

SVB was loaning the most for solar panel installations. It was a solar panel ATM machine.....
______

SVB’s website says the bank worked with more than 1,550 clients in the climate-tech and sustainability sector, particularly community solar. The bank also says it led or participated in 62% of community-solar financing deals, worth about $3.2 billion in total. And according to ImpactAlpha, SVB was a leading provider of venture debt to climate startups.
https://www.msn.com/en-us/money/other/svb-s-collapse-could-make-it-harder-for-climate-startups-to-get-the-funding-they-need/ar-AA18zWeN

[Revel]

Forbes went deepstate a long time ago. They report what they are told to report.
SVB funds a lot to dark people.