Free Republic

the rush to rescue depositors of Silicon Valley Bank .., a bank directly associated with Silicon Valley, which he terms as the "Democratic stronghold of the world," is as big a "crony payoff as you possibly can have.".. the Silicon Valley Bank is enjoying a charmed life because it's in Silicon Valley," ... "It's the Democratic stronghold of the world. And 99% of their people are probably Democrats and depositors that raised hell they're all democratic donors, so this is as crony a payoff as you possibly can have." ... Morris's statement comes after Treasury Secretary Janet Yellen proclaimed .....

"Silicon Valley Bank was in many ways a climate bank," Kiran Bhatraju, the founder and CEO of Arcadia, the largest community-solar manager in the country, told the New York Times. "When you have the majority of the market banking through one institution, there's going to be a lot of collateral damage." (WAAAGH) The fall of Silicon Valley Bank leaves a major financing gap for companies developing climate solutions like solar farms and carbon-removal technology. That could make it harder for startups to get funding and scale their operations. (WAAAGH) SVB's website says the bank worked with more than 1,550 clients...