Report: Gavin Newsom Fails to Mention His Ties to Silicon Valley Bank

California Gov. Gavin Newsom welcomed the federal government’s intervention Sunday to protect depositors at the failed Silicon Valley Bank — but failed to mention that he has been its client.The White House “acted swiftly and decisively to protect the American economy and strengthen public confidence in our banking system,” Newsom

. What Newsom didn’t mention is that it also protected his own companies if they held over $250,000 in deposits.as clients of SVB on the bank’s website. Newsom also maintained personal accounts at SVB for years, according to a longtime former employee of Newsom’s who handled his finances, and who requested anonymity to avoid professional reprisal.Newsom also didn’t mention his wife Jennifer Siebel’s professional ties to the bank.

Silicon Valley Bank was chartered in California, but its problems somehow eluded aggressive state regulators.

Crooked Gavin

This spares him a HUGE LOSS !!!

williethatyou Think Biden has figured out yet that Gavin wants to be King of the Hill….

williethatyou I believe 3 of his wineries and his wife CHARITY

The degree of favortism, corruption and graft in Government is unfathomable. The Federal Government should be the three branches, a large purchasing department, and an army of auditors. Privatize and bid-out everything. Kill the Deep State off.

Well, of course.

Democratic demolition of democracy is degrading

At all costs you must avoid even the appearance of conflict of interest.

This one smells really bad.

Dems always protect their own!

Ya think! Makes one wonder who else residing in that general area might be a bit twitchy at the moment…..

Greasy Gavin is a cluster....

I knew it… I wonder if the Pelosi’s or Biden’s have money in there too…?

One of the reasons billionaires are getting bailouts

was it regulated by California Yes Or No is my Question to Gavin.. and His Wife

I’m sure his wife was happy about the bailout that she is associated with

Fucking Wiesel

Sleaze

Well let's just fix that little oversight.

And there's this:⬇️

DEMAFIA DEM-MINNIONS DEMONCRATS BAILOUT THE OTHER DEMAFIA DEM-MINNIONS DEMONCRATS

GavinNewsom How much money to Biden give you to save your butt from bad investments with SVB?

Why is that a surprise with this swamp creature

everything this guy does is shady

This guy is so incompetent . He should be locked up .

Anybody who was anybody was a client...

This clown thinks Heez all that, fact is Heez a Spoiled Brat.Pelosi Crime Family Member!

Another laundering of tax payer money perhaps?

“Skeksis see many endings lain before us, diverging paths through an endless forest., Some good , most bad.'

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Silicon Valley Bank Collapse: Latest Failure on Gavin Newsom's WatchCalifornia Gov. Gavin Newsom (D) has yet to explain how the biggest bank failure since the 2008 financial crisis happened on his watch — with Silicon Valley Bank, a California bank, under California regulations. That’s okay, the mainstream media will cover for him. He knows this, so he won’t be volunteering any info. The entire nation becomes effed up California on steroids if the slick Communist runs and wins the presidency in 2024 He's too busy eating at The French Laundry to care.
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Can the Government Contain a Banking Crisis? - The Journal. - WSJ PodcastsWhen Silicon Valley Bank imploded last week, it was the second biggest bank failure in U.S. history. Then, over the weekend, another bank, Signature Bank, was also taken over by the government. WSJ financial editor Charles Forelle explains what kicked off this banking crisis and how the government is scrambling to contain it. Further Reading: - How Silicon Valley Turned on Silicon Valley Bank - Silicon Valley Bank Closed by Regulators, FDIC Takes Control - Were SVB and Signature Bank Just Bailed Out by the U.S. Government? charlesforelle According to your opinion piece it is because 12 white men weren’t running it. charlesforelle The Biden government's struggle? Had Dante lived, government would have been the stuff of the Divine Comedy. charlesforelle MeGain has a false ego. She thinks people want to hear her or see her. No one wants her around. She is fake and everything out of her mouth is a lie
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What's next for stocks after Silicon Valley Bank collapse, with investors awaiting key inflation readingTraders are preparing for Tuesday's consumer-price index for February to show no meaningful letup in U.S. inflation.
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Massachusetts lawmakers seek FDIC briefing on Silicon Valley BankScoop: Massachusetts lawmakers seek FDIC briefing on Silicon Valley Bank That’s a scoop? Every banking regulator in the world will ask for a briefing. Let me guess. We have to bailout the rich in order to “restore confidence” in the banking sector. My response: 🖕
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Silicon Valley Bank gave out bonuses just before collapseEmployees who agree to stay on with the failed bank also will receive 1.5 times their normal pay for the next 45 days, with hourly workers getting double their normal rate, Axios reported Saturday. Rewarding monumental failure? Or just plain embezzlement? Deep state pay day Claw all of the bonuses back to help pay depositors
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Etsy is delaying seller payouts following Silicon Valley Bank’s collapseEtsy’s response to the situation has left some sellers frustrated. Thankfully Etsy doesn't Only use one bank...It's only been one business day, I got a deposit on Thursday...let's all give them a chance to fix things. Thankfully Etsy doesn't Only use one bank...It's only been one business day, I got a deposit on Thursday...let's all give them a chance to fix things.
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