“but they aren’t entirely wrong.
The president of SVB was on the Board of the San Francisco Fed until Friday when he left for obvious if undisclosed reasons.
Light touch regulation doesn’t just happen because Congress passes bad laws. It happens because the regulators are actually corrupt and serve the interests of those they are supposed to watch over.”
It’s unprecedented because there used to be appropriate regulations in place - dumbass.
Hey! That’s my grifting Senator!
Warner has been shifty in the past with these kinds of money things. For instance he’s always backed and protected the Payday Loan industry here in Va, It’s weird.
A megachurch accused of lavish spending and fraud? OMG!! Who would ever have thought of such a thing!! (/sss)
Where’s that link for the Tax the Churches League…
Ha! If memory serves- he funded Bannon too. Not just an “associated with”.
Bannon’s Sugar Daddy.
There is a lot of grift mentioned in this WSJ piece:
Who keeps 96 cell phones most of which are stored in faraday bags?
(I’m guessing all of Bannon’s associates amirite?)
It will be interesting to see who bears the brunt of the penalties for their actions - Mississippi or Favre:
If he evades the civil suit, maybe criminal charges will follow. I wish they’d started with that, based on the details in the report below.
Oh, that kind of nickel bag.
Sounds like bs. Setting down a bag of stone sounds different than setting down a bag of coin.
This looks remarkably similar to the great maple syrup heist.
Credit funds scrutinise ‘mythical, enormous’ Silicon Valley Bank loan book
Bids for collapsed US lender’s $74bn portfolio are due on Friday
No one wants to buy their very valuable assets.