Ex-US Treasury official calls out regulators' handling of SVB

Aaron Klein, former deputy assistant secretary at the Treasury Department, weighs in on Silicon Valley Bank's collapse.

#CNN #News

[motherearth]

US tax payer should not be responsible for negligence business practices

[lillianw]

This was shocking news! I feel bad for the customers. 😪

[markh]

SVB comes with a lot of very rich and hardheaded players, I’m actually surprised that this happened with that bank but then maybe they paid off some of the right people to keep it away for a while.

[jonathancowan]

He makes a sound valid point, IMO, I don't care what his demeanour is, or how his hair looks etc.

[EricAllen]

Let alone the #FED who loans #ForeignInvestors #ForeignInterests @ 0% interest rates while jaking up interest for we the people as the use our taxes....

[introvertsrock]

I want to know what consequences the ceo and others who sold stock hrs b4 it shutdown

[Stevexnycautomotive]

banks never fail. all banks are one bank.

[FisherPriceless]

““Therefore do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For after all these things the Gentiles seek. For your heavenly Father knows that you need all these things. But seek first the kingdom of God and His righteousness, and all these things shall be added to you. Therefore do not worry about tomorrow, for tomorrow will worry about its own things. Sufficient for the day is its own trouble.”
‭‭Matthew‬ ‭6‬:‭31‬-‭34‬

[EbenezerNimh]

The CEO and the board need to go to prison but that's not gonna there's no justice

[lennymccartney]

what is one of the marx brothers doing here?

[bigtex]

The regulators should get involved before the crash and burn. What the hell are they for?

[quikdraw]

This dude beamin'!! Puff, puff, pass homie!!!

[PrimateSoul]

Isnt it always free market and capitalism, but only gains, never risks? Big biz always passes the buck instead of owning up

[nondisclosure]

Pandorah Papers and crypto. Sarah Westall and Mike Gill from New Hampshire . Mike is the hero

[designsurvive]

This is the new carter administration. Stagflation pt2.

[golfer]

Seriously dude, who told you that Mop on your head looks good. You trynna channel SBF?
Goofball

[mckinneyman]

Surprise surprise deregulation costs the taxpayers again!

[Christian-dizu]

Soon this will happen all over in Brandon’s America.