Posted on 04/10/2023 8:44:28 AM PDT by ChicagoConservative27
Sen. Elizabeth Warren (D-Mass) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) are pressing some of the largest depositors at the failed Silicon Valley Bank to reveal the nature of their relationship with the firm that collapsed last month.
Warren and Ocasio-Cortez, two of the most progressive lawmakers in Congress, sent letters to 14 of the bank’s largest depositors, raising concerns about the relationship between the failed bank and some of the largest venture capital firms that invested in it.
The fall of Silicon Valley Bank marked one of the largest bank failures in U.S. history and sent shockwaves through the global banking system. While lawmakers worked immediately to try to stop the bleeding from the incident, Warren and Ocasio-Cortez are now attempting to probe the bank’s dynamics with some of its largest investors.
(Excerpt) Read more at thehill.com ...
They want to know how this will affect their campaign cash next cycle.
I other words, they have the list and there are some Republican donors there. Will ignore the Democrat donors.
Depositors? Depositors generally put their money where they get the better return. Deposits are liabilities to a bank.
Now, where was the bank lending money? That would be the area I’d home in on were I interested in actually looking for the joke that was going on here.
Mostly rat donors
Yup—gave them early warning to burn all their records and give their hard drives to Hillary for disposition.
The fake Indian and the barmaid from the Bronx.
What a pair. AOC. “Oh those Republican meanies!’’ OMG!
Just NO
They have no legal reason to know
Silicon Valley Bank the giveaway bank
Details, or $$$detail$$$?
HOW would they know who the depositors are to be able to send 14 letters????
Oprah has $590 million in that bank. Why? What interest rate are they paying or is it a slush fund for politicians to wash money thru?
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