Here are the SVB facts you can bank on


As you know, Silicon Valley Bank has folded along with Signature Bank and a few other banks are showing signs of trouble. Predictably, Joe Biden- on whose watch his happened- immediately blamed Donald Trump.

President Joe Biden blamed former President Donald Trump for the collapse of Silicon Valley Bank (SVB) and Signature Bank, attributing their demise to Trump’s rollback of some Obama-era policies.

“During the Obama-Biden administration, we put in place tough requirements on banks like Silicon Valley Bank and Signature Bank, including the Dodd-Frank law to make sure that the crisis we saw in 2008 would not happen again,” Biden said during his Monday remarks.

Dodd-Frank law, you say? Hold that thought.

He was followed closely by Indian princess Elizabeth Warren who pointed a smoke signal at Trump.

Bank failures are the direct result of leaders in Washington weakening the financial rules. In 2018, President Trump signed a law rolling back critical protections. I fought these changes. I warned that banks would run up risk. I wish I’d been wrong.

It is true that Trump signed a bi-partisan bill which rolled back some regulations in 2018:

In 2018, Congress passed bipartisan legislation signed into law by President Donald Trump weakening regulations on mid-sized financial institutions like Silicon Valley Bank, whose collapse last week set off fears of another 2008-like financial crisis.

The measure was supported by 33 House Democrats and 17 Democratic senators, delivering Trump and the banking industry a key bipartisan victory.

Barney Frank disagreed:

“I don’t think that had any effect,” Frank said. “I don’t think there was any laxity on the part of regulators in regulating the banks in that category, from $50 billion to $250 billion.”

But regulators watching SVB were lax, but it had nothing to do with the 2018 legislation.

Paul Sperry #1: The SVB regulator had Joe Biden eyes.

In early 2022, failed Silicon Valley Bank regulator Mary Daly, San Francisco Fed chief, denied the economy was suffering from painful inflation: “That’s not what I see.” She also didn’t see need for steep rate hikes. She missed EVERYTHING. Who’s regulating the regulators?

Paul Sperry #2 nails it

Fed Reserve Bank of SF that missed massive red flags @ SV Bank run by openly gay diversity quota & Janet Yellen protege Mary Daly who focused more on “climate change and inequities” than regulating rogue banks like SVB. Also chairs SF Fed Diversity & Inclusion Council

SVB had no Risk Officer for nine months.

Collapsed lender Silicon Valley Bank operated without a chief risk officer between April 2022 and January 2023 while the operation’s United Kingdom-based Head of Risk stands accused of prioritizing pro-diversity initiatives over her actual role.

And there it is. It was all about woke investing: ESG and DEI.

Meanwhile, Jay Ersapah, who acts as CRO for the bank in Europe, Africa and the Middle East and who describes herself as a ‘queer person of color from a working-class background’ – organized a host of LGBTQ initiatives including a month-long Pride campaign and implemented ‘safe space’ catch-ups for staff.

In a corporate video published just nine months ago, she said she ‘could not be prouder’ to work for SVB serving ‘underrepresented entrepreneurs.’


Professional network Outstanding listed Ersapah as a top 100 LGTBQ Future Leader.


‘Jay is a leading figure for the bank’s awareness activities including being a panelist at the SVB’s Global Pride townhall to share her experiences as a lesbian of color, moderating SVB’s EMEA Pride townhall and was instrumental in initiating the organization’s first ever global “safe space catch-up”, supporting employees in sharing their experiences of coming out,’ her bio on the Outstanding website states.


It adds that she is ‘allies’ with gay rights charity Stonewall and had authored numerous articles to promote LGBTQ awareness.

This is a classic lesson in what not to do in banking

Separately she was also praised in a Facebook post by the group ‘Diversity Role Models,’ a charity which campaigns against homophobic, biphobic and transphobic bullying in UK schools.


In a corporate document for the bank she said: ‘”You can’t be what you can’t see” has always been a quote that stuck with me.


‘As a queer person of color and a first generation immigrant from a working class background, there were not many role models for me to ‘see’ growing up.


‘I feel privileged to help spread awareness of lived queer experiences, partner with charitable organizations, and above all create a sense of community for our LGBTQ+ employees and allies.’

You know who joined Signature Bank and pushed for loosening the Dodd-Frank law?

Barney Frank:

WASHINGTON—Former Rep. Barney Frank co-sponsored the law that tightened banking regulations after the financial crisis, but since leaving office he has been working the other side of the street—as a board member of Signature Bank, which regulators shut down Sunday.

With over $200 billion in assets, SVB was not affected by the 2018 regulation softening. And all those smartasses blaming Trump? If they were so smart, why have not one of them pushed to change the law over the last two years?

They should have spent as much time concerning themselves with a bank’s function and survival as they were with diversity, equity, inclusion and pronouns. This is why Republicans are pushing to stop pensions from being pushed to invest in ESG (Environmental, Social and Governance).

There is a real lesson here:  Go Woke, Go Broke.

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This failure was both the fault of SVB and the astronomical inflation caused by biden.

“But, since 2021, with the biggest explosion in inflation in four decades, the near-term volatility of Treasuries rocketed higher. Consider, for example, that a Two-Year Treasury note started the Biden administration with an interest rate near zero. Even though the post-pandemic economy was roaring back to life, during the “Trump Boom 2.0,” inflation was negligible. As Biden took office in January of 2021, Two-Year Treasury Yield stood at 0.13%. But last week…2 Year Yield hit 5.00%, the highest level since 2007. That rapid ascent of short-term rates — almost 40 times higher than just 26 months ago – produced a meltdown in Bond prices throughout 2022.”

Last edited 1 year ago by TrumpWon

Trump still isn’t coming back from the elephant’s graveyard. Maybe if MAGA republicans refuse to raise the debt ceiling, and crash the entire economy…

Short of rigging the election, Democrats have no chance of beating Trump in 2024.

The regime you fools installed is destroying this country, on every front.

Hope you understand that. No amount of newspeak can change what people are seeing with their eyes.

15 US banks failed during Trump’s presidency. His favorite bank—previously fined for Russian money laundering—was fined in 2017 for toxic security abuses.

Last edited 1 year ago by Greg

In 2008, 25 banks collapsed in the U.S. In 2009, they were 140 and in 2010, 157. The number of bank failures gradually dropped from 92 in 2011, to 51 in 2012, 24 in 2013, 18 in 2014 and eight in 2015. If we are going to play the blame a president game. Wonder who was president during these years?

There’s just no comparison between the prosperity of the Trump years and the current collapse of the United States now, greg.


Proof-texting isn’t going to suddenly transform our current dictatorship into a thriving democracy.

That will take effort, and the will to push you traitors out.

And as of today’s CPI report, Americans wages have declined on average for 24 straight months, the longest period of drought in U.S. history.

The average American is working more to earn less.

This is bidens economy, bidens inflation, bidens bond crisis and bidens banking collapse.

None of what we are presently experiencing can be attributed to President Trump, none of it period full stop.

Trump’s “prosperity” was an unsustainable binge built on the Obama recovery, at the cost of skyrocketing debt. Anyone wanting to put a man whose businesses routinely declare bankruptcy in charge of a national economy isn’t thinking straight.

Last edited 1 year ago by Greg

EXCLUSIVE: Senator Mark Kelly Called For Social Media Censorship To Prevent Bank Runs

Kelly is a real dirtbag

Trump’s businesses have declared bankruptcy six times.

So? That’s a sign of success, not failure.

Thank god the business-illiterate in this country have no say.

Repetition is a sign of a jackass who evades consequences by screwing people who trusted him with their money.

Trump’s businesses have declared bankruptcy six times.

How many of idiot Biden’s businesses declared bankruptcy? Oh… that’s right. Idiot Biden makes all his money off of graft, corruption and influence peddling. He’s never BEEN in honest business.

Trump’s businesses paid their responsibilities and came roaring back.

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House Oversight Chairman James Comer: Treasury Reports Show Biden Crime Family Made Millions from Communist Chinese Company After 2016


This is not about Trump, its about bank failures. The assholes want to bend the rules of the FDIC to bail out uninsured accounts.
No need to panic as they want us to do.

Fear is the freedom killer, it is what they wish.

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Last edited 1 year ago by kitt

Nah. It’s been proven your “debt” myth is just that: a myth.

Biden is tanking the economy by taking on debt, like Obama did before him.

The Obama protege, Biden, is in the white house now and look what we have. Record inflation, open borders, thousands dying from fentanyl, rampant crime, more WARS, shortages and now rich democrats favorite bank being bailed out. All of this did not have to happen but for an idiot in charge. Yet you are stuck on Trump. No one buys what you are selling.

greggie, you just never will understand what is going on in this world. It must be because you took all of the COVID shots and the boosters while still wearing a mask that doesn’t work. You do know that the MRNA shots cause brain damage in people who already have low IQs such as you. That does explain your silly posts here!

There was NEVER an “Obama recovery”. There was only the Trump recovery, which idiot Biden destroyed because he is stupid.

Period. Learn it. Remember it.

Ohhh a fine, thats the problem in a nutshell, no one goes to jail for breaking the rules the bank gets a fine and they all get to live in their pretty mc mansions. No one that was financially harmed is made whole with the stinking fine.
Silicon Valley “Bank” really operated like a hedge fund. They had less than 10% of their money FDIC insured.

Why are they even being treated like a bank?

Last edited 1 year ago by kitt

The subject is Banks no presidential campaigns. The Feds dropped the ball badly on both FTX crypto and banking oversight. Does not excuse the crap people the bank hired and the shit they are bailing out.

Trump still isn’t coming back from the elephant’s graveyard. 

Yeah, because no matter how much disaster and failure you Democrats cause, you NEVER learn the lesson that your ideology is degenerate.

Don’t you wish it was only SVB and Signature Banks that are in deep trouble?
All these banks lost so much value in less than one day of trading on the stock market that they were placed under a temporary regulatory halt:

  • Western Alliance Bancorporation Common Stock (was halted and resumed several times, was down nearly 47% at close of the day)
  • PacWest Bancorp (was halted and resumed several times, was down 21% at the close of the day)
  • First Republic Bank Common Stock (was halted and resumed several times, was down nearly 62% at the close of the day)
  • Zions Bancorporation N.A. (was halted and resumed several times, was down nearly 26% at the close of the day)
  • OceanFirst Fnl Dp Sh Pfd A (trading resumed by 11:50 a.m. ET, was down nearly 14% at the close of the day)
  • Customers Bancorp, Inc. Common Stock (was halted and resumed several times, was down nearly 24% at the close of the day)
  • East West Bancorp, Inc. (was halted and resumed several times, was down more than 17% at the close of the day)
  • Metropolitan Bank Holding Corp. Common Stock (was halted and resumed several times, was down nearly 44% at the close of the day)
  • First Horizon Corporation Common Stock (was halted and resumed several times, was down more than 20% at the close of the day)
  • Regions Financial Corporation Common Stock (was halted and resumed several times, was down roughly 7% at the close of the day)
  • Comerica Incorporated Common Stock (was halted and resumed several times, was down more than 27% at the close of the day)
  • Bank of Hawaii Corporation Common Stock (was halted and resumed several times, was down more than 18% at the close of the day)
  • KeyCorp Common Stock (trading resumed at 10:31 a.m. ET, was halted again at 10:33; trading resumed by 10:38 a.m., was down more than 27% at the close of the day)
  • Customers Bancorp, Inc. 5.375% Subordinated Notes Due 2034 (was halted and resumed several times, was down 18% at the close of the day)
  • Macatawa Bank Corporation (trading resumed at 9:54 a.m. ET. It was briefly halted again at 9:55 before resuming at 10 a.m., was down 4.5% at the close of the day)
  • Texas Capital Bnc Dpsh 5.75 Ps – Preferred Stock (trading resumed by 9:57 a.m. ET. It halted again at 9:59 before resuming at 10:09 a.m., down more than 6% at the end of the day)
  • United Community Bk Dep (trading resumed by 10:03 a.m. ET, was down more than 6% at the end of the day)
  • The Charles Schwab Corporation Common Stock (was halted and resumed several times, was down more than 11% at the close of the day)
  • Coastal Financial Corp Cm St (trading resumed by 9:41 a.m. ET, was down nearly 16% at the close of the day)
  • Huntington Banc Dep Shs J (trading resumed by 9:50 a.m. ET, was down nearly 17% at the close of the day)
  • Magyar Bancorp Inc. (trading resumed by 9:35 a.m. ET, was down more than 6% at the close of the day)
  • Macatawa Bank Corporation (trading resumed by 9:54 a.m. ET, halted at 9:55 a.m. before resuming by 10 a.m., was down more than 4% at the close of the day)


Apparently many banks, to show the FDIC that they were adequately capitalized, bought billions in 2,5,10, and in some cases 30 year treasuries. What could go wrong?
First, a blithering idiot gins up money supply and force feeds an economy that at that point, had too few goods being chased by too much money. Second, the Fed chief, in trying to show himself as a good partisan hack, echoed the Biden administration line that the radically ascending inflation was “transitory”. Third, Powell fairly soon realized his error and began taking up rates 75 basis points per meeting. Lending, prime, and treasury rates followed suit. Fourth, predictably there was a run on a woke poorly run bank, SVB.
Fifth, in trying to stop the run, the bank had to sell the Federal securities at maybe 70 cents on the dollar and soon ran out of money!
I know liberals, it’s always Trump’s fault. NOT!
BTW, Bidenflation is still over 6%.

CBDC to save the day in 3, 2, 1 …..

Will we bail these jokers out too? “Black Lives Matter Movement Received Nearly $83 Billion from Corporations”

Democrats cannot handle economics. Absolute failure. As if the crumbling of the economy of the entire nation is not lesson enough, here we see an example with clearly traceable flaws that have destroyed numerous banks. They believe money just makes itself. Wealth just “happens” and squandering it by the wheelbarrow-full can never end because the people that actually MAKE the money will continue forever, no matter how much is taken from them.

No, it is possible to exhaust the supply. You pay attention to all the far left socialist stupidity instead of maintaining the growth of wealth will result in the golden goose just dying.

You see how it works
The bank is fined less than 1/2 of the fraud, until the fine exceeds the fraud there is zero incentive to not do it again and again.

The Silly Cones Valley Bank I wonder if they and any Eco-Freaks accounts in their bank and what else they did behind our backs

Its all worse than we rhought, only one on the entire board had any banking experience.

Sounds like the experience level on idiot Biden’s cabinet.

Charles brought the fire. Biden just bailed out the wealthy. His donor class.

JUST IN: Federal Reserve Raises Interest Rates 25 Basis Points Amid Banking Crisis

biden spending~>biden inflation~>biden bonds~>biden bank crisis