Posted on 03/16/2023 1:27:37 AM PDT by CFW
The United States Department of Justice and Securities and Exchange Commission were investigating whether Signature Bank failed to prevent money laundering before the firm collapsed on Sunday.
Federal investigators in Washington DC and Manhattan, New York were specifically looking into the bank's dealings with cryptocurrency clients, to assess if the institution took sufficient steps to detect potential money laundering, Bloomberg reported, citing unnamed sources.
It is not clear what came of the investigation, but the Federal Deposit Insurance Corporation was forced to take over operations of the bank on Sunday when it could not meet the demands of customers withdrawing their funds.
(Excerpt) Read more at dailymail.co.uk ...
They will find a fall guy. Unless there is an undeniable path to somebody major, somebody small is going to get hung. Some regulation officer or something will pay the price.
WHAT HAPPENED TO THE SOLYNDRA RECORDS THAT THE FBI CONFISCATED?
This Signature Bank gave to Democrats - nothing will come of it with the “justice” department headed by the failed nominee to the Supreme Court or the FBI.
But it won't be Barney Frank, although it ought to be.
Silicon Valley Bank donated more than $70 million to BLM.
Now taxpayers bail them out.
Just another way to funnel tax dollars to their preferred groups. Same as Signature Bank, Solyndra, World-Com, etc.
So basically Hillary made sure the bank committed suicide. Noting to see here folks.... really! The cameras failed and the record warehouse burned down...... nothing to see, or find here.....
DNC FRONTS, THE LAUNDRY MACHINES OF THE PARTY
BTTT
It is a RAT bank and since the RAT mob is running everything, nothing will happen other than ripping off taxpayers.
“I wonder what became, or will become, of this investigation.”
Nothing, they paid their tribute to the Democrats. They’re safe.
Is there any institution in America that is not corrupt?
I think there are very few remaining. The left has infiltrated education, entertainment, business, etc because we just sat back and did nothing about it. Our protests against ebonics, Murphy Brown, diversity hiring, etc stopped nothing.
Just like Trump or Reagan, they were speedbumps on the way to complete fascism where the people have no say, no representation and no power.
Speak out and you are censored, fired and destroyed.
Elect those who represent you and they are marginalized and ridiculed.
Protest and they claim you are a seditionist.
It's over folks. The Republic experiment failed because we could not keep it.
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