The Silicon Valley Bank (SVB) remarkable 48-hour collapse is the second largest bank failure in US history. The prior one being the collapse of Washington Mutual back in 2008. Washington Mutual was bought up by JP Morgan Chase to try to stem contagion. The FDIC has stepped in to look for a buyer for SVB. Meanwhile, tons of tech, biotech, and medical start-ups had most of their money in SVB. In the weeks prior to the SVB collapse, some senior executives sold off stock. In the hours before the government took over the bank, SVB paid out tons of bonuses to employees. As far as the insider trading goes, who knew what and when did they know it? The head of Risk Management at SVB was spending all her time working on woke LCGT and climate change initiatives rather than apparently doing her job. Sources: https://mobile.twitter.com/KobeissiLetter/status/1634614085424750592 https://mobile.twitter.com/GRDecter/status/1633919731081125890 https://twitter.com/GRDecter/status/1634091448743219201 https://twitter.com/peruvian_bull/status/1634007523618615296 https://techcrunch.com/2023/03/09/silicon-valley-bank-firms-reactions/ https://techcrunch.com/2023/03/09/silicon-valley-back-withdrawal-issues/ https://www.cnbc.com/2023/03/10/silicon-valley-bank-tumbles-for-a-second-day-weighing-on-the-bank-sector-again.html https://twitter.com/amuse/status/1634721472747905025 https://twitter.com/GRDecter/status/1634958322733555714 https://www.axios.com/2023/03/12/silicon-valley-bank-banking-crisis https://marketsentiment.substack.com/p/svb?utm_source=post-email-title&publication_id=371061&post_id=107652104&isFreemail=true&utm_medium=email https://archive.is/IfNGj https://archive.is/nV5Ds https://techcrunch.com/2023/03/11/brex-ceo-is-trying-to-raise-over-1-billion-in-a-weekend-for-svb-related-bridge-loans/ https://www.bloomberg.com/news/articles/2023-03-11/ad-tech-firm-in-canada-has-over-90-of-its-cash-tied-up-in-svb https://www.axios.com/2023/03/11/silicon-valley-bank-roku-roblox-impacted https://www.cnbc.com/2023/03/11/silicon-valley-bank-employees-received-bonuses-hours-before-takeover.html https://www.marketwatch.com/story/stablecoin-usdc-faces-3-3-billion-exposure-to-silicon-valley-bank-6a518c2b Support my work!: Venmo: https://venmo.com/radixverum Cash App: https://cash.app/$RadixVerum https://donorbox.org/support-radix https://radixverum.locals.com My links: https://twitter.com/NotRadix https://radixverum.substack.com/ Thanks for watching my content friends! #banks #bankrun #banking #finance #financialnews #investment #investmentbanking #markets #stocks #SVB #siliconvalley #siliconvalleybank #lehmanbrothers #inflation #recession #financialcollapse #marketcrash #financialcrisis #insurance #bankfailure #assets #debt #credit #creditcarddebt #tech #biotech #medical #startups ... https://www.youtube.com/watch?v=if_xMJkehz0

Queen Elizabeth II, Britain’s longest-serving monarch, has died aged 96, Buckingham Palace has announced. Britain was in mourning after her death, which marks a watershed moment in the life of the nation, ending a reign that spanned 70 years. The Prince of Wales, the Queen’s eldest son, has become the new monarch, King Charles III. Buckingham Palace said in a statement: “The Queen died peacefully at Balmoral this afternoon. The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow.” Senior members of the royal family had travelled earlier in the day to be with her at Balmoral, the Queen’s castle in the Scottish Highlands, while at Westminster the mood among senior politicians was sombre. The Queen celebrated the 70th anniversary of her reign this year. She represented continuity and stability for Britain from the postwar era into the 21st century. The country was braced for the death of the monarch on Thursday morning when Buckingham Palace issued a rare medical bulletin on the Queen’s health. The BBC suspended normal programming. Earlier this week, the Queen, who had suffered from mobility issues for some time, oversaw the transition of power from Boris Johnson to new prime minister Liz Truss from Balmoral instead of travelling to London. She became the longest-serving monarch in British history in 2015, surpassing her great-great-grandmother Queen Victoria. Support my work!: https://radixverum.locals.com Cash App: $RadixVerum https://donorbox.org/support-radix My links: https://twitter.com/NotRadix https://radixverum.substack.com/ https://gab.com/DiggingDeeper https://odysee.com/@RadixVerum:4 https://nicecrew.digital/@RadixVerum https://shing.tv/dvr/62adfcc12b5235b8d598b7f4 Thanks for watching my content friends! #uk #britain #britannia #queenelizabeth #monarch #world #history #thecrown #thequeen #elizabethII #princecharles #buckinghampalace #royalfamily #kingcharles ... https://www.youtube.com/watch?v=OL49AlQmJZo