Silicon Valley Bank has failed. It’s the second largest bank failure in US history. Roughly 95% of Silicon Valley Bank’s deposits were FIDC uninsured.

SVB works with literally like half of all US VC-backed startups, and is similarly popular for their banking services in the UK and wider Europe. If they find they’ve lost any significant portion of their funding then we’re going to see a large wave of western start-ups wiped/ significantly hobbled …

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Retail investors are losing billions buying stock options

via economist: Not long ago trading in American stock options was limited mainly to professional investors. Options are contracts that provide the right to buy or sell a security at a specified price over a fixed time period. They can deliver big payouts if a stock moves in the desired direction, …

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Do Not Sell My Personal Information

Your California Privacy Rights & Do Not Sell My Personal Information The California Consumer Privacy Act (CCPA), also known as AB-375, provides California residents with the following rights (the following is copied from leginfo.legislature.ca.gov/):  The right of Californians to know what personal information is being collected about them; The right of …

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Foreclosure Wave 2.0 is coming. ETA Late 2022.

And it's not just Downpayments. Average Debt to Income Ratios today are comparable to mid-2000s. Meaning that homebuyer incomes, on average, are just as stretched in their ability to afford the mortgage payments. pic.twitter.com/3wIVJvidCS — Nick Gerli (@nickgerli1) August 14, 2022 But on average Mortgage Lending Standards are just as …

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It’s going to be a dark winter …

https://twitter.com/WallStreetSilv/status/1558940610421174272 Switzerland: The country's energy situation is serious and we have requested supplies from Germany and Italy. — The_Real_Fly (@The_Real_Fly) August 14, 2022 United Kingdom annual inflation June, 2020: 0.6% June, 2021: 2.5% June, 2022: 9.4% — The Spectator Index (@spectatorindex) August 14, 2022 Current Western energy policy https://t.co/9UwVIXCnuF — …

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Trump: “It has just been learned that the FBI took boxes of privileged attorney-client material, and also executive privileged material

View post on imgur.com https://nypost.com/2022/08/14/trump-calls-for-fbi-seized-documents-to-be-returned/ ​Former President Donald Trump on Sunday called for the Justice Department to return the reams of documents FBI agents seized at his Mar-a-Lago resort last week, pointing to a report that said the information was covered by attorney-client or executive privilege. “Oh great! It has …

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