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70
Remember the SVB Bailout? Now we know why, 10 Chinese Depositors Needed $13.3 Billion (twitter.com)
posted 2 years ago by TerpenoidTester 2 years ago by TerpenoidTester +70 / -0
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Comments (13)
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▲ 22 ▼
– HallucinatoryBeing 22 points 2 years ago +22 / -0

The haste of the Treasury, the FDIC, and the Federal Reserve—three fucking fed agencies—to bail out a mid regional bank was suspicion enough. Now we know why. I wagered it was some higher-up Democrats, but Chinese depositors are close enough.

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▲ 11 ▼
– DT990P 11 points 2 years ago +11 / -0

I gotta be the guy who corrects you saying The Federal Reserve is a privately owned bank not a Federal agency.

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▲ 24 ▼
– HallucinatoryBeing 24 points 2 years ago +24 / -0

The privately owned bank with a .gov website, whose books are notoriously difficult to audit and doesn't conform to GAAP, and whose Board of Governors are appointed by the President and confirmed by the Senate. Sure, guy.

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▲ 3 ▼
– DT990P 3 points 2 years ago +3 / -0

It’s quite the scam they’ve got going.

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▲ 4 ▼
– Happygo 4 points 2 years ago +4 / -0

It's about as private as the treasury dept

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▲ 3 ▼
– smokeypanda 3 points 2 years ago +3 / -0

Wikipedia is accurate in this case.

https://en.wikipedia.org/wiki/Federal_Reserve#Structure

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▲ 14 ▼
– realerfunction 14 points 2 years ago +14 / -0

why are the chinese allowed to operate in this country in any capacity? why are they allowed to use our banks, or buy our land? i can't go into china and do that, so why can they do it here?

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▲ 7 ▼
– Happygo 7 points 2 years ago +7 / -0

Because we've been sold out by traitors and jew bankers.

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▲ 3 ▼
– Sneak_King 3 points 2 years ago +3 / -0

Whoa whoa, stopping foreign nationals from operating here is incredibly counter-semitic of you.

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▲ 1 ▼
– realerfunction 1 point 2 years ago +1 / -0

oh they can operate, just as third-class citizens.

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▲ 8 ▼
– TerpenoidTester [S] 8 points 2 years ago +8 / -0

If anyone can find the FDIC Report mentioned I can't seem to dig it up, I'd love to see it.

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▲ 5 ▼
– FrozeInFear 5 points 2 years ago +5 / -0

Not sure what the full extent of the "leak" was, but a yahoo article gave me an image of a page.

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▲ 2 ▼
– J_Darnley 2 points 2 years ago +2 / -0

Jesus fucking Christ that URL!

twitter https://twitter.com/FinanceLancelot/status/1640840874027372546 https://archive.is/esJih

nitter https://nitter.1d4.us/FinanceLancelot/status/1640840874027372546 https://archive.is/cyN8t

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