There's A Run On Silicon Valley Bank (SVB) [Now Failed], Causing Panic Amongst Tech Startups

JH
John Honovich
•Mar 10, 2023
IPVM

The biggest news today in tech is a run on Silicon Valley Bank, as tech startup customers frantically try to get their money out as the bank risks collapsing. Some background - VCs urge startups to withdraw funds from Silicon Valley Bank and Silicon Valley Bank drops another 60% and is halted, as pressure mounts on banking sectorand Silicon Valley Bank Financial in talks to sell itself after attempts to raise capital have failed, sources say

We are not sure how many security industry companies use SVB. A while back, we reported that Turing claimed a $10 million credit facility and that recently Evolv has been using SVB.

*** ** ***** *** ** ****** other ******** ******** ********* *** **** but *** **** *** ***, ** do *** ****.

*****'* *** ********* **** *** *** individually **** ******** ** *** ** might (** ***** ***) ******.

****,*** *********** ** ********* ******** *** PRC **** ********:

*** **** ** *** ** * huge ******* ** *****, *** *****’* second-largest ******* ******* ****** ***** ******* Valley, ******* *** *** ***** *** first ********* ************ ** ***** ******** to ******* ******** **** *********** ***** shunned ****. *** **** *********** *** first ******* *** ****** *** ******* ago.

*** ****** **** ** ********* **** in ***** ******* ******* ******** ***’* raise ***** **** ******** ********* ** foreign ********** ******* ******** **** ********, thanks ** *****’* ******** **** *** currency *** ************ ** ******* **********. Opening *** ******** *** **** *** of *** ******* **** *** ***** Chinese ******** ** **** **** ******** investors.

(2)
UI
Undisclosed Integrator #1
•Mar 10, 2023

** ** **** *** **** ***** some ** *** **** ****** ******** and ******* ****** ********?

JH
John Honovich
•Mar 10, 2023
IPVM
In reply to Undisclosed Integrator #1

******* *******, ****.**, *******.**, ***.?

* ***'* **** ***** ***** ************ with *** ** ***.

(1)
UM
Undisclosed Manufacturer #2
•Mar 10, 2023

** ********** ** *** **** ** fine, ***** ***** *** ****** *** is ********* **** ********* *** ****** a *** ** ***** ******* ********* are ******* ******* **** ** ** unprecedented **** *** *** ****** **** for ***, **** * *** ****** ago *** *** *** ** *** largest ***** ** *** **. *** issue **** ** ** ***** ** a ********* ****** ** ********* ******* out ***** ********, ***** ** ******** possible ** ***** ***** *** ***** VC ***** *** ************ ****** **** their *****, ** ** ***** *** their ******** ***** *** **** ******* level. ******** * *** **** ** their **** **** **** ****** *******, which * ********** ** * ***** think **** *** **** ***** ******* money ***** ** * **** * start ** **** ******* ********* *** those ********* **** ** ***.

* ** *** ** ****** ** finance *** * ***** ** ********* if **** "*** ** *** ****" spread ** ***** ************. **** ********* at ***** ***** **** ***** **** heard ** *** *** ***'* ** concerned **** (*** **) **** **** the ****. ** **** **** **** or ***** ***** ***** ** * real ****** ** ***** ************ ** well, *** * **** ***'* *** that **** ***. ** * *** to ***** * ***** *** **** bigger ***** *** ******* ***** **** and **** **** ** ******* *** while **** *** *** ** *****.

(6)
JH
John Honovich
•Mar 10, 2023
IPVM
In reply to Undisclosed Manufacturer #2

* ** *** ** ****** ** finance *** * ***** ** ********* if **** "*** ** *** ****" spread ** ***** ************. **** ********* at ***** ***** **** ***** **** heard ** *** *** ***'* ** concerned **** (*** **) **** **** the ****. ** **** **** **** or ***** ***** ***** ** * real ****** ** ***** ************ ** well

**** **** * **********, * *****. I ***** *** **** ** **** amongst **** ********* *** ********* **** they ***** ***.

*** ******, *** ******* ******* ***** now ** **** ** **** ** many ********* **** ****** ** ***, far ****** ********** **** **** *** worth ***, ** **** *** ******* a **** ** ****** ** *** to **** **** ****, *** ******* more *****, *** ******** ***** *******, etc.

UM
Undisclosed Manufacturer #5
•Mar 10, 2023
In reply to Undisclosed Manufacturer #2

********:**** **** *** **** ** ***.

*** *** **** ** *** **** starting ** *** **** ***** ** nah?

(3)
(1)
U
Undisclosed #7
•Mar 10, 2023
In reply to Undisclosed Manufacturer #5

*** **** ******** *****.

******** **** ******** ** ****** ********* than ** ******* ** *** ****** sector's ******.

(1)
JH
John Honovich
•Mar 10, 2023
IPVM

********* *** **** ****** * **** on ****, ** ****** **** ** startups **** ***** ***** **** ***:

**'* * ******** *** ** ** also ** ******* *** **** ** Stanford ******** ******, ** ***** * don't **** ******* ****'* ********* ** SV, ** *** **** **** ** right ***** ***** ******.

(2)
(2)
UI
Undisclosed Integrator #6
•Mar 10, 2023
In reply to John Honovich

**** ***... ***** * ****.

Avatar
Donald Maye
•Mar 10, 2023

******* ****** **** *** ********* ** ***** ********** ** **********.

**** ***** *******:**** ******* * ******* ********* ******** Bank ** ***** ***** ** ******* Insured ********** ** ******* ****** ****, Santa *****, **********

**** *****:

*** ******* ********** **** **** **** access ** ***** ******* ******** ** later **** ****** *******, ***** **, 2023. *** **** **** *** ********* depositors ** ******* ******** ****** *** next ****. ********* ********** **** ******* a ************ *********** *** *** ********* amount ** ***** ********* *****. ** the **** ***** *** ****** ** Silicon ****** ****, ****** ******** ******** may ** **** ** ********* **********.

****, * ****-**** ****** *** ********* with **** **** $***,*** ** *** bank:

********* **** ******** ** ****** ** $250,000 ****** ******* *** **** ****-**** at *-***-***-****.

(2)
UM
Undisclosed Manufacturer #2
•Mar 10, 2023
In reply to Donald Maye

* **** *** **** ***. ***** I ***** *** **** ** ** comment *****.

UM
Undisclosed Manufacturer #5
•Mar 10, 2023
In reply to Donald Maye

****, *** ** *** * "***" react, ** ** **** **** *** Facebook?

UI
Undisclosed Integrator #6
•Mar 10, 2023
In reply to Undisclosed Manufacturer #5

***** ******* ** ******** *** ***** buttons:

******** **, ****- **** ****** **** *** *** button

***** *, ****- ****** ********** ***** ****** ***** buttons

****** **, ******#* **** *** ***? ******, **#* suggests * ***** ******

**** *, ****- ***#* **** *** ******** *** button

(1)
(3)
(6)
Avatar
Brian Rhodes
•Mar 10, 2023
IPVMU Certified
In reply to Undisclosed Integrator #6

******** '***********' *'** ***** ****.

UM
Undisclosed Manufacturer #5
•Mar 10, 2023
In reply to Brian Rhodes

*** **** *** ***!

(1)
Avatar
Ryan King
•Mar 12, 2023
Pacific Audio and Communications
In reply to Undisclosed Integrator #6

** **** *** **** ** ***?

IPVM Image

(1)
(3)
U
Undisclosed #3
•Mar 10, 2023

***** *** * ****** ** ********** about **** ** *****, ********* ******* people ******** *** ** *** ***** at *** ** **** ** **** night *** ***** ****** ******* ******** everything *** ** *** *** ** panic.

******* *****: ****** ********.

* *** * ****** *** ***** in *** **** **** *******, *** it ****'* *****.

UM
Undisclosed Manufacturer #4
•Mar 10, 2023

*** *** ** ******* ****** **** sold $*.** ******* ** ***** ****** the **** *** *****.

*** ** **** *********?

(1)
(1)
U
Undisclosed #7
•Mar 10, 2023
In reply to Undisclosed Manufacturer #4

**.

***** ****** **** **** ****-* ******, which ********* ***** ** *** *********** no **** ** ********* ****. *** entire **** *** ********* ***** ** protect *** **** *********** ** ******* trading ******* ****'** *********** ************ *** he *** ** ********* ** **** or *** **** *** ********.

(1)
(1)
JH
John Honovich
•Mar 10, 2023
IPVM

*** ************* *** ********* ******** *** ********* about ****** *******:

***'* ******* ****** **** ********* ****** Silicon ****** **********, **** ******* ***-****** companies **** ** **** ** **** payroll ** **** ***** **** **** up *** ******.

*** **** **** *** ******* *** depositors **** **** ****** ** ***** insured ******** ** ***** **** ****** morning. *** **** ******* ******** ** to $***,***. *** ********* **** ** would *** ********* ********** ** ******* dividend ****** *** **** ****. ********* depositors **** **** *** * ************ certificate *** *** ********* ****** ** their ********* *****.

JH
John Honovich
•Mar 10, 2023
IPVM

**** ******** **** **% ** *** portfolio ****** **** *** (****** *** a ** ***** **** ** **** might ** ***** **** **** ******* in **********):

IPVM Image

JH
John Honovich
•Mar 10, 2023
IPVM

**** *** ****** **** ***** ***** proudly ******** ** ***:

IPVM Image

* *** ***** *** ** ****** again, *** ******** ********** ** *** but******* ***** *** *** ***** **** changed:

IPVM Image

(1)
JH
John Honovich
•Mar 10, 2023
IPVM

***** **** ** * ****** **** journalist *** *** **** ******** ** Silicon ****** (*********** *** *******) ******** *** ***********:

**’* *** ******** ** ***** ****, self-interested ********** *********** ****’* **** ******* this ******** ** ******** *** ** years. *** ****, ************ **** **** telling ** **** **** ** ****** have ******* ** ********* ** ******* Valley, ** ****’** **** * **** on ******* ** *** ***-*****, ***** other ********** ******.

******** *** *** *** ******* ********* even ****** **** **** ***** *****’* enough *** *** **** ******’* **** if ** *** ***** *****. *** now * ******* **** *** **** a ******** ** **** ********* *** 40 ***** ** ****. *** **** too *** ******** ** ****** — more **** **% ** ***’* ****** were *** *******.

*** ******* *** ****** ******* ** this *** ********** ** ******.

(2)
(2)
UI
Undisclosed Integrator #1
•Mar 10, 2023
In reply to John Honovich

**% **** **********? ****'* ******. ******* to *** *** ******* **** **** next ****. ***** * *** ***** 10x10 ****** ** ***?

JH
John Honovich
•Mar 10, 2023
IPVM
In reply to Undisclosed Integrator #1

**, **%, ** **** ****** ** true, *** *** ********* ** *** US ********** ****.

*** ********** *** ****** **** *** be ********** ** *** **** **** of **** ** *********. **** ** not ***** ** *** **** ***** assets *** ***** **** ***.

(2)
Avatar
Brian Karas
•Mar 10, 2023
Pelican Zero
In reply to Undisclosed Integrator #1

**, **% *** *** **** ********** from **** * ** ****** (**** on ******* ***** ***** **** ** and *** *** ***).

* ***** ********** ** ***'* ******** were ***** *** $**** **** ********* limit. **** **** **** ****, **** average ******** ** *** *** ******-***** millions. **** ** ***** ***** ***** out ********* *** *********. ***** *** definitely ***** * *** ** ********** of *****, ** ***** *** *** moment. *** ********* *** *** ***** to ** **** ***** **** ** a *** ** ******* ******* **** might **** ** **** * ******* of **% ** **.

*** ****** ***** ***** *** ** that *** **** ******** ** *** remaining ******** ***'* **** ********* ****** to ***** *****, **** *** ******* ones. ** * *** ** **** about *** ** **** ******* **** week, *** ** *** ******** *** all ***** ** ******** ***** **** is ****** ******* *******, ***.

*** ******* ***** **** ** ***** more ******* ** ********* ********* ** access ***** ** **** ** *** loss ** ***** **********.

***** *** **** **** ******** ***** scheduled *** **** *** ******* *** Monday *******. * **** **** ** update ** * **** ******** **********.

(2)
Avatar
Donald Maye
•Mar 10, 2023
In reply to Brian Karas

*** ********* *** *** ***** ** be **** ***** **** ** * lot ** ******* ******* **** ***** wind ** **** * ******* ** 10% ** **.'

************, ***** **** **** **** ******** over $*.** ***** **** * ********* loss, ***** $***,*** ** *******? ($*.** x **% = $***,***).

Avatar
Brian Karas
•Mar 10, 2023
Pelican Zero
In reply to Donald Maye

*** *****.

**** ********* ****** ** ** $**** in ******* ********. ******** **** $**** is *** *******. ** ** *** have $*.** ** ** ******* *** your **** ***** ** ** ***** failure **** ** ******** ****** *** FDIC ****** *** **** $*.***, ** 90% ** **** ********.

*** *** ** *** ******** ** wind ** ** ***** ******* ****. It **** *** ****** ***, ****** and *********** **** *** ****** ***, and ******* ******* **** *** ******* "something" **** *** **** *******. ***** now **** "*********" ** ******* ******** to ** ****** **% ** ***-******* asset ******** (*** **** ** **** a ******** ******).

** * **** ****, ** ****** has ******** ******* ******** **** **** than $**** ** ****, *** ****** consider ********* **** ** **** * spouse/partner, ******** **** ** * ********. That *** *** *** ** $**+ in ******* ******** (***, ****, ***+****, You ***->****, **** ***-***). *******, *** very ******, *** ***** **********.

(1)
MM
Michael Miller
•Mar 11, 2023
In reply to Brian Karas

**** ** *** * *** ** money *** **********. ***** **** ***** should ** ********* *********** *** ********** for ******** **** **** ****.

JH
John Honovich
•Mar 10, 2023
IPVM

*********** *** ********* ***** ** *** ****** *******:

“*** ******* ** ******* ** ***** founders *** *** *********, ‘* **** payroll **** **** *** *’* *** able ** *** **** ** *** account ***** ***.’ *** ***** *** money **** ** ***** ** *** future, *** **** **** ** ***** now,” **** ***** *****, *** ** startup **** *** ****** ******** *******....

*** ** ******, **** ******** ****’* know ******* **** ********* **** ********* on ******** ***** ** *******. *** FDIC **** ************ **** **** ***-********** before **:** ** ******* **** ******** would ** *******.

“**** ********* *** ******* ******* **** week *** ******** ** ******* ******* that **** ** *******,” **** ***** Arnold, **-******* ** * **** ***** fintech ******* *****....

*** ******* ******* **** **** *** about $** ******* ** ** *** checking ******* **** *** **** ******. The *******’* ******* **** ** *** trying ** **** * *** **** account *** *** *** *******’* ******** bills *** ***** ********** ** *** vendors *** *********.

JH
John Honovich
•Mar 10, 2023
IPVM

**** ****** **** *** ******** ** SVB's ****:

**** [***]********* **** ***** **** ****, ** they **** *** *** **** ****, but **** ****’* **** ***** ** you ******** *** **** **** ** longer-dated *****-****** **********, ***** **** ***** when ***** **** **. *** ****, when ***** **** **, **** ********* all *** ******, ******* ** ****** out ************ ********* ** *** ******** *****, and ** * ******-********-**** *********** **** didn’t **** ***** *******. ** **** withdrew ***** ********, ** *** *** to **** ***** ********** ** * loss ** *** **** ****. *** you **** **** ***** *** **** financially *****, ** ********* *** ******* and ******** **** *****, ** *** sell **** **********, ** *** **** more ******, **** **** ****.

...

******* ****** **** ** ** ***** not ***** ** ** *** **** of ********, ***** ** **** ****** on ***** ** **** ** * herd ****** **** ******* ****** ******* capitalists. **** *** ****, ** * bank, ** * ******* ****** ** diversity ***** **** **********. ** **** depositors *** ******* *** **** ***** money ***, *** ***** ********** ******** your ******* ***** *** ****** ****** are **** *** **** ***** ***** in, *** **** **** ********** **** their ***** ** ******* **** ****** don’t *** ********* ** ******* ****, then *** **** * **** ** muddling ******* **** ********.

*** ** *** ** **** ********** are ******** **** *** **** ******* of ******* *********** ** ***** ******, and *** ***** ******* *********** *** competing **** **** ***** ** *** Value *** ** *********** *** ** The ******* ***** ** ******* *** their ********* ********* ** *** “***, did *** ****, ********’* ****** ***** out ** ******* ****** ****, *** should ***,” **** *** ** **** depositors **** **** ***** ***** *** at *** **** ****.

(1)
UI
Undisclosed Integrator #1
•Mar 10, 2023

*** **** **'* ***** *****'* *** remit ** ** ***.

(1)
Avatar
Donald Maye
•Mar 10, 2023
In reply to Undisclosed Integrator #1

*** **** **'* ***** *****'* *** remit ** ** ***.

** *****'* **** ****** ******** ****, they ***** * ********* ******* **** SVB:

* $** ******* ******** ** ********* under *** *** ***-******** ********* ******* implemented ** *** ****** ******* **** Silicon ****** ****. *** ******** *** equal ** *** ** *** **** we *** ********** ******** ** *** preceding ***** ******** ** ******* *** pure ************ ***** ********. ***** *******, we ****** ******* **** ****** ** to *********** ****** *** **** *** to ******* ******** ****** *** *** pure ************ *****.

**** ******** **** ** *** ******** of*****'* ** **** ********.

** ***** ***** ******* **** *** 2022 ********* $*** ** *********:***** ********** ********* $** ******* ** Non-Dilutive **** ********* **** ******* ****** Bank

(1)
Avatar
Brian Rhodes
•Mar 10, 2023
IPVMU Certified

*** ****** **** ***'* ***** ** me- *** **** **** **** ******* impact **********/************?

* ***** ***** *** *** *******'* impact **** ** ******** *** *********** catastrophic *** ****, *** ***'* ************ (e.g., *-**********, ***.) ********* **** ***** own ****-****** ****** *** ********** **** are * *** **** *********** **** from *** ******* ******* ********* **** like ***?

Avatar
Brian Karas
•Mar 10, 2023
Pelican Zero
In reply to Brian Rhodes

*** ***'* ************ (*.*., *-**********, ***.) generally **** ***** *** ****-****** ****** and **********

***, *** *** **** ***** ** typically ********* ***********, *** *** *** often * ******* ******.

(3)
JH
John Honovich
•Mar 10, 2023
IPVM

**********, *** *********** (*** ** ***** a *** ***** *****) *** **** an *** ********, ****** **** *** CEO:

IPVM Image

(1)
JH
John Honovich
•Mar 10, 2023
IPVM

********* ** *** ****** *** ***** successful *** ***** ****************** **** **% ** ***** ************'* **** ******* ** *** **** month:

IPVM Image

*** ******* *** *** ** ********** to ** ********* ******* ** ** a *** *******. *********** *** *** partners **** **** **** ******** ** dollars, ********* * ****** *** *** risk **** **** ***** *** ****** they *** ****** *** ******** **** as ****? *** ** **** *** the ** ********** ** **** *** Silicon ******'* **********?

(4)
(1)
UI
Undisclosed Integrator #6
•Mar 11, 2023
In reply to John Honovich

*****'* ******** **. **** ********** ***'** built ** ******** ** *****, **'* easy ** ***** *** ***** ********** for * *** ***, ***** ** wrong. *** **** ********* ****** **** this, **'* **** ** * "**** you **". ** *** **** ** save ***** ** *** *********, *** choose *****. ** *** **** ** stop * **** ******* **** ******* a ***** ** **********, *** *** for * ********** *******. **'* **** what *** **.

JH
John Honovich
•Mar 11, 2023
IPVM
In reply to John Honovich

*** ***********'* ********* *** ********* *** request - **** **** ********** (*** presumably ***) ***** ********:

IPVM Image

*********, ** ** ************* *** *********** percentage ** *** ********** **** *******.

**** ****** ******* - *** **** of ***** ********* *** ****** *****? how **** ** ***** ********* ***'* have ******* / ****** *** *** should ******** ** ****** ******? *.*. Jason ******** ********* ***** **** ** these **** ******** ***'*:

(1)
JH
John Honovich
•Mar 11, 2023
IPVM
In reply to John Honovich

******* **** ****** ***** ********** *** full ******** ****:

IPVM Image

*** *********** ******* ** *** **** talk ** ****, *********, *** ** in *** ****** ***** **** ** one ** ********* ********** ** ****** it ** **** ****** ** **** more ***** ***** **** ****.

******* *********** *******, **** *** ****** that *** ****** **** *** *** not ***** ***** (**** *******) ******** rate **** **** ****** **** **** treasuries:

IPVM Image

(1)
JH
John Honovich
•Mar 12, 2023
IPVM
In reply to John Honovich

*********** *** ****** * ************** *** "***** ******** ********** ** Silicon ****** **** ****** ** **** whole." *********** **** **** ******* ** to "***** ********" *** * ***'* see *** ********** ** **** **** consider ** ** * ***** ********.

**** *** *** * *** ******:

** *** * ********** *********,one-third ** ******** **** ******** ** *** **** *** ** ***** **** **** *******. As a result, they will fail to have the cash to run payroll in the next 30 days. [emphasis added]

*** ****** ******** ***** ** *** as *******, ***** *** **** *** already ******* * ******* ** $***,*** by ******** *******.

*********** ******* **** "***** ******** *** now *********** ** ****, *** ******* further ************, ********* ** *** **** website,may ** ************ *** ****** ** ***** [emphasis added]". That timeline is far more pessimistic than what virtually anyone else is saying.

JH
John Honovich
•Mar 10, 2023
IPVM

***'* ***** *****:

IPVM Image

*********** ** *** *** ** *********** with *** **** ****** ** ********* during ***** *** **** **** ** quickly *********.

JH
John Honovich
•Mar 10, 2023
IPVM
JH
John Honovich
•Mar 10, 2023
IPVM

*** ****** ************ *** * ***** ago:

******* ***** **** ******* ** *** Cramer:

****,*** ****** ***** ** ** ***********

(2)
(1)
U
Undisclosed #8
•Mar 11, 2023

*** *.*. *** ** ****** ******** programs ******* ***** ******** *** ** is *** *.*. ** ********* ********.

(2)
(1)
(1)
JH
John Honovich
•Mar 11, 2023
IPVM
In reply to Undisclosed #8

*** *.*. ** ********* ********.

**** ******* *** **** ********* **?

(1)
U
Undisclosed #8
•Mar 11, 2023
In reply to John Honovich

**** ******* *** **** ********* **?

**** **** ****.... *** **** $*.**, JPMorgan **** $** *******, **** ** America **** $** *******, ***** *****'* market *** ** **** $** *******, Citigroup's ****** *** ** **** $* billion, *** **** ******* * *** began ** ***** ******** ****... *** the ***** ****'* **** *** ** yet.

(1)
JH
John Honovich
•Mar 11, 2023
IPVM
In reply to Undisclosed #8

******** **** $** *******, **** ** America **** $** *******

** ****** *** * ****** $*** billion ****** ***:

IPVM Image

**** ** ******* *** * ****** $250 ******* ****** ***:

IPVM Image

********* *** *** ** ** ** "financial ********" *** *** *** ******* what *** **** ** ********* ********?

(1)
(3)
(1)
UI
Undisclosed Integrator #9
•Mar 11, 2023

****’* ******* ******** ****** *** ******* investments. *** ** #**!*******'* **** ***** ****

JH
John Honovich
•Mar 11, 2023
IPVM

** *********** **** ** ***** ** option *** ********* ** *** ********

IPVM Image

*******, ***** *** **** **** *** not *** **** ********* *** **** the ****.

**** ** ** ******* *** ********** to *** **** *** ** ****:

IPVM Image

*** ******** ***** ****** ** **** if **** ***'*, ******** ***** **** be *********:

IPVM Image

************, *** **** *******, **** ********, Pennsylvania, *******, *******, ***. ****** **** or **** **** **** *** *** fallen?

(1)
JH
John Honovich
•Mar 11, 2023
IPVM

*** ********** ********** ************* ** ****, ************ **** *** was *** ******** ** ******** ****** on ***** **** *** **** ******* they ***** **** ** ********:

********** *** ******* ***** **** ***** banks ** ****** ****-**-****** ****** ** some ********** ** **** ****** ** hold **** ** ********. ** ***, the ****** ******* ***** **********—********** ******* of ******** ***** ****** ** **********-********* entities—is ***** *** ******* ******* **** is.

*** **** ****** **** * ****** is **** ** ********* ** *********** from *****-**** ***** **********. *** ******* this ***** ** ***-****.

*****, * **** *** *** ** able ** **** **** ********** ** maturity ** ** ***** * **** crunch, ** ******** ** ***. *** selling *** ********** ***** ***** *** bank ** ********* *********** ******* ******.

******, *** ********* ** *** ********** means ***** **** *** *** *********** from ******* **** ****** ******, *********** causing ******** ** ****** *** ****. That ******* ** **** **** *** case ** *** *** **** ***** banks ** ****** ******** ***** ** 2022 ****** ***** ****** ** **** markets

**** ******** ***** ******** ** **** under *% ** ~*% ** *** past *** *****, **** **** ***** older ***** *** **** ********, * problem *** ***.

***** *** **** ****** ** *** same ******* *** *****,*** **** *** *******:

*** ******* ******* ********* ****. ** February ******** **** *.*. *****’ ********** losses ** *********-***-**** *** ****-**-******** ********** totaled $*** ******* ** ** ***. 31, ** **** $* ******* * year ******* ****** *** ***’* **** push *****.

** ******** ***** ******* *** ****** to ******** ******, ***** ****** **** reverse. ** *** ********, ** **** stay ** ** **, ****** ***** be **** *****.

*******, ** * ********** ** ******, SVB ** ****** ** **** * far ******* ****** **** ***** **** diversified *****.

(1)
JH
John Honovich
•Mar 12, 2023
IPVM

******** ********* ********** ***** ** ******* *** *********** what ** ** *** **********:

during *** ********* ******, there were investors and owners of large, systemic banks that were bailed ***, and we’re certainly not looking. And the fixes that have been put in place mean we ***’* ** **** *****. But we are worried ***** *** ********** and focus on trying to meet their needs.

** *** **** ***** ** *** problems ********** **** ****, **** ** which *** ***** ********** ********* ****** across *** *******. *** ** ******, that’s * **** *******, *** ******* with ********** ** *** *** ******* those ********. [******** *****]

JH
John Honovich
•Mar 12, 2023
IPVM

********* **** **** ** *** ********* their ******** ** ***:

IPVM Image

MM
Michael Miller
•Mar 12, 2023
In reply to John Honovich

********** *** **** ****.

IPVM Image

JH
John Honovich
•Mar 12, 2023
IPVM
In reply to Michael Miller

************ * ~$* ******* ****** ****** ** ** **** ********** **** $*** ******* ** ****, ** **** ** ********* **** the ****** $** ******* **** *** news ****** **** ** *** ** SVB, ** ***** ** **** ** an ********* **** *** *********** ******.

(1)
JH
John Honovich
•Mar 12, 2023
IPVM

*********** ********** **** * ** ****** analyst, ******* **** "**** ****** *** a ******** *** ******* ***** **** other *****" ******* *** ***** ***** that ***** **** ** *** ******* risk ******** (****** *****) ** ** has **** *** ****** ********** *** a **** **** ***** ** ***** and ********** ******** ** *** ********:

IPVM Image

** *** ****** **** **** ** much ********* **** ***** *****, **** would **** *** **** ** ****** is ****.

(1)
(2)
Avatar
Ryan King
•Mar 12, 2023
Pacific Audio and Communications
In reply to John Honovich

* ******* *** ********* ** ***** but *** ****** ** ******* ** this ******-**** ******.

(1)
JH
John Honovich
•Mar 12, 2023
IPVM

********* ** *** ************ **** ** ********** *** **** final **** *******. ** ***** ******* yet (*.*., ***** ****** *** ** cover *** **********, ***.).

(1)
JH
John Honovich
•Mar 12, 2023
IPVM
In reply to John Honovich

******* *** *********** *** ********* ** ************ ********** if * ***** ** *** ***** and *** ********** ************ ******* *****:

*** **** ****** **** ***** ******* by ******** *** *** *********** **** the *.*.*.*. ***** **** * *** to *** **** ********** ** ****. While *** ********* ** ********* ******** to ******* ****** ***** ** *** cheapest *** ******** — ***** ***** leaving *** ******* ****** ** *** hook *** ****** ** ********* ******** — ** *** *** ****** **** using **** ** ****** * “******** risk *********.”

*** ****, ***** *** **** **************** *** **** ******, *********** ****** *** ********** ** pay **** ********* ********** ** ******* to ** ** ***** **** ******* adverse ************ *** *** ******* ** financial *********.

*** ******** *** ********* ******** ******* a ****** ** *******: *** ******** secretary ** ************ **** *** *********, the *.*.*.*. *** *** ******* ******* Board **** **** *** ** *********** ** *** **.

******* *** ********* ***-****** ** *** Fed’s *** ******* ***** ******* ** agree ** **** * **** ***** be * *********, ******* ****.

JH
John Honovich
•Mar 12, 2023
IPVM

****** ********* *** ****** *********** *************** *** ****** ************ *** *** ********** ******* people *** ********** ******* **** *********:

IPVM Image

** ******** *** ***** ********* ***** bond ****:

IPVM Image

**'* ***** ******* *** **** ** bond ****** ** ******* ** ******** rate ** * ***** ***** ** undergraduate ******** ******* *** *********, ** billionaires *** ******* **** **** ** some ****** ***** **** ** *** could *** ******.

*****'* **** ********** ***** ***** **** depositors *** *** **** ** ********. For *******, **** ** * ******** traded ******* **** ** $* ******* valuation. *** ****** ********* ********** **** for ******* ****** * **** ******* dollars **** ***? ****'* ************* ********* than ** ****** ***** ******** **** a *** ******* ******** ** *** million ******* ** *** ****.

(1)
(1)
U
Undisclosed #7
•Mar 12, 2023
In reply to John Honovich

*****'* **** ********** ***** ***** **** depositors *** *** **** ** ********. For *******, **** ** * ******** traded ******* **** ** $* ******* valuation. *** ****** ********* ********** **** for ******* ****** * **** ******* dollars **** ***? ****'* ************* ********* than ** ****** ***** ******** **** a *** ******* ******** ** *** million ******* ** *** ****.

****? *** ** ** ** *** way *********?

**** ** * ******** **** (************) has * *********** ****** ** **** on ****. **** **** *** ***** small ********, **** **** ******* ** make *** ******* ** ***.

**** **** ***** **** ** *** of *** ** ******* ***** ** the ****** ******, *** ******* **** is "************* *********"?

**, **'* ***. **'* ******* *** same. ***** ***** ** ******************** *** ***** ** *** ** firm ** *** ****** **** ****** mentioned ** *** ** ***** ********* of ********** ********** **** *** * deposit ******* ** *** ****.

(1)
JH
John Honovich
•Mar 12, 2023
IPVM
In reply to Undisclosed #7

**** ** * ******** **** (************) has * *********** ****** ** **** on ****. **** **** *** ***** small ********

**** ***$* ******* ** ******* **** ******* "** ** ******** **, ****, [Roku] ******** *************3,600 ****-**** ********* located in 14 countries", *** *** *******'* **-*.

***** ***** *******, ** *** ***** Roku ********* ** * ***** ********? Or *** *** ****** ***** ********, regardless ** ******* **** **** ********* of ********* *** ******** ** ******* should ** *********** ** ****?

(1)
U
Undisclosed #7
•Mar 13, 2023
In reply to John Honovich

* ***% ** ****** **************** *** **** -- ********** ** size -- ****** **** ************************ ** ****.

* *************** **** *** **** ****** ** their ************ ****** ** ****** *** -- ********** ***. *** **** ****** should ****.

*** ********** ** ******** **** ***** in * ******* ******* ****** *** have *** ******** ** *** **** itself *****. ******* **** ***** * new ********* ** ******* **** ** needed ** ******* ********** **** ******** >$250K (***** ** ** ************************ ** **********) ** ******* ** can ** ******* ***** *** ******** framework, *'* *** **** -- *** the **** **** **** ** ****, depositors ****** ****** *** ***** ** their **** (****** ******) ** ******** insane.

********* *** *** ****** ***** **** just *********** ***% ** *** ******** for **** ******* *******.

(3)
JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Undisclosed #7

* ***% ** ****** **************** *** **** -- ********** ** size -- ****** **** ************************ ** ****.

********* (********* *** ******** ****** ******* at ***) **** *** *****, *** FDIC **** ******* ******* ******** ** $250,000, *** "********** ** ****".

**** *** *** ********** *** **** the **** *** ******** **** ****-*********** rule *** ****** ******* ** ********* the ****-****** **** ************ **** (**** Roku).

** *** ***** ** ***. **** will ** *********** ** *** *** is *** ****-**** ************* *** ******* Valley *** *** **** ******. * suspect **** **** ******** ********** *** scrutiny ** ** *** *** **** remains ** ** ****.

(1)
Avatar
Brian Karas
•Mar 13, 2023
Pelican Zero
In reply to John Honovich

********* (********* *** ******** ****** ******* at ***) **** *** *****, *** FDIC **** ******* ******* ******** ** $250,000, *** "********** ** ****".

****, *** *** $***,*** ****** ****** is * ********* ******** ****** **** has *** **** ********* ********.

****** **** ********* *** ****** ******* does *** *********** ****** ** ********-****** backstops. ** ***** ****** ********* **** with ********** ********* *** * **** to ******* *** ***** *******. *** the ****** ********** **** **** ***** is ********* **** *** ****** ********** of ***** ** ***** *** ****** account *********.

** *** **** *****, ** ****** not **** * ******** ***** ********** have ********** ******* ******* ** **** millions ** ******* ** ********* ******* without ****** ** **** *********** ****** all ** ** ** ************* ********** out ** ***** *******. *** ***** idea ** * **** ** ** provide * ***** ** **** **** money ******* ****** ** ***** ***** personally ******** **.

********* **** *** **** **** ******, and ******* *** ****** ******** *****, could ********* *** ** ******* ***** with * **** **** *** *** offer **** ********* *** ******** >$***,***.

(1)
JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Brian Karas

*** $***,*** ****** ****** ** * massively ******** ****** **** *** *** been ********* ********.

** *********** ** ******** $***,*** ** $***,***. *** ********* of **** ** ** ******* ********* and ****** ***** **********.

** ****** *** **** * ******** where ********** **** ********** ******* ******* to **** ******** ** ******* ** operating ******* ******* ****** ** **** essentially ****** *** ** ** ** circumstances ********** *** ** ***** *******.

**** ***** *** **** **** ******** close ** ***. ********* ********* ***** ranged **** **% ** **% ****.

*** ***** **** ** * **** is ** ******* * ***** ** park **** ***** ******* ****** ** worry ***** ********** ******** **.

****'* *** *********. **** ** ** international ********. **** ******* ** *** smart ** *** * **** ******* dollars ** ***. **** ***** **** easily *** **** ***** ******** ** Treasuries *** *** **** ******* **** for ***** *** ** ***** ***** but **** ****** ** *** ** into ** ********** **** **** **** was **** ******* ** $***,***. *** bail *** ****?

(1)
Avatar
Brian Karas
•Mar 13, 2023
Pelican Zero
In reply to John Honovich

** *********** ** ******** $***,*** ** $***,***.

***, *** ** **** **** *****, the **** ********* ******, ***** ******* at $****, *** ********** **** ********** to ** *** *** *** *** intended *******. ****, *** *********** **** have **** **** **** **** ** be **** *** ***** (****** ****, the **** ********** *** ** ****, and **** **** ****** ****).

*** ********* ** **** ** ** protect ********* *** ****** ***** **********.

$***,*** ** ****** *** * *** of ***** *** * ******* "***** business", *** ** *** **** ****, it ** * ************ ****** ** money, ** ****, ** * ***** business. ************ $** ** * ***** business ******* ** *** ******** ** all.

**** ***** *** **** **** ******** close ** ***. ********* ********* ***** ranged **** **% ** **% ****.

**** ******* ***** ******** *** ***** taken ** ****** **** ****** *** minimal. *** **-***** ******* ******* *** those ******** ***** ******** ****** ** losses ** **-**% *** **** ** the ******** ** **** ******** ***** up ****** ********** >$***,***.

**** ** ** ************* ********.

* ***'* ****, *** **** ***'* about ****, **'* ***** *** ******* system ** *******. *** $***,*** ******* insurance ***** ** *** *** ***, and ****** ***** **** ** ********** and ***********. *** ** ***** ** attract *** ****** ********** *** ********* talents, ***** ****** ******* **** **** more ********** ******* **************.

**** ***** **** ****** *** **** money ******** ** ********** *** *** zero ******* ****

*****, **********, **** *** ****** ** the ** **********. ***** ** ** reason **** **** ***** ** ******* cannot ** ******** ** ********** ** banks. ** * **** *****, **** might ****** ******* *** ******* ** regulations *** ******** ***** *****, **** if *** **** ******* ********* ***** $250,000 ** **** **** *** ***** has ** ** ** ** ******* that ** ** ***** *% **** in ******** *****. ***** ***** ****** an ******* ********* **** ******* * depositor ** ***% **** ******, ***** also ******** ****** ********* ******. **** would ***** ********** ** ****** ****, without **** ****** ** ****** ********** their **** ********** ** ****** * full **** ******** (** ********** ** full **** *********) ** ***** *** personal ********** *******.

(1)
JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Brian Karas

*****, **********, **** *** ****** ** the ** **********. ***** ** ** reason **** **** ***** ** ******* cannot ** ******** ** ********** ** banks.

*** **** **** ***** ****? **** make ** ***** **** *** *** US ********** ** **** ********** ****** to *****? *** *** *** *********! (I ** ******* * ***** ** make * *****).

** ***** ** ***** *** ******* to **** *********** ******* *** ********* can *** ****** ***** **** ********** but ****'* *** ******** ********. ** the ** ********** ***** ** ** should ********* ********** **** *** ******* of ***** ****** ** *********, ***?

(1)
Avatar
Brian Karas
•Mar 13, 2023
Pelican Zero
In reply to John Honovich

*** **** **** ***** ****? **** let *** ** ********** **** ********** to ****** ******? *** *** *** middleman! (* ** ******* * ***** to **** * *****).

* ***** **** ***** ** ****.

*** *** **** ********* **** ***** into **** ******** *******? *** *** write ****** **** **** ******** *******? Issue ********* ******/***** ***** ** **** employees? *** * ******** ****? **** the ******** ******** ********* *** ***?

* ***** *** ****** **** ***** from ** ******** *******:

**** ***** ***** ********** ** ****** risk, ******* **** ****** ** ****** complicate ***** **** ********** ** ****** a **** **** ******** (** ********** of **** **** *********) ** ***** own ******** ********** *******.

*** *** *** *****:

*** ***** **** ** * **** is ** ******* * ***** ** park **** ***** ******* ****** ** worry ***** ********** ******** **.

*********** ***** *** ******* *** ***** to ***** ********** ** **** ***** in **** **** **** ********. ******* those ******* *** ********** **** ********** overhead ** *** ******** *** ********** things ** * *** **** ******** from **** ******** ** **** ************.

*** ***** ******* ** ***** *** been * **** ***** ** **** your *****. ***** ** ********** * lot ** ********* ******* **** ** not ****** ****, *** **** **** not **** ** ** *** * solvable *******.

(1)
JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Brian Karas

***** ** ********** * *** ** precedent ******* **** ** *** ****** true, *** **** **** *** **** it ** *** * ******** *******.

* ***'* ***** **'* ******** *** the ******** ******** ***** ****** ***** profits *** *** ******* ********* ****** lower ******** *****. ***** **** = lower ******, *********** ***** ******* **** right?

******* ***** ******* *** ********** **** management ******** ** *** ******** *** complicate ****** ** * *** **** detracts **** **** ******** ** **** competencies.

*** **** **** **** ******** ** save ***** *** **** **** ** that ****, **** ** **** *********** do? *** *** **** *** *****. If ** *** *** ***** *** around, *** *** ********** ****** ** break *** ***** ** **** ***** from ***********, *********** ***** ****** *******? But **** *** ***** *** ****** to **** ***********, **'* ****.

* ** ***-********** *** * ** also ***-********. ****** ****, *** *** the ******* *** *** **** *** will **** ** **** **** *** long-term ************ ****** ** ******* ****** out.

(1)
UI
Undisclosed Integrator #11
•Mar 13, 2023
In reply to John Honovich

********* (********* *** ******** ****** ******* at ***) **** *** *****, *** FDIC **** ******* ******* ******** ** $250,000, *** "********** ** ****".

**** ********** **** **** ******** **** $250,000 ********* ** *** * ** sure ****. *** *** **** ** Million ** *** **** *** *** going ** ****** ** ***** ** a ********?

(1)
JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Undisclosed Integrator #11

*** *** **** ** ******* ** the **** *** *** ***** ** manage ** ***** ** * ********?

**** ** ** ******* ** *****. You *** *** **** ***** ** US **********. **** ** ******** *** consumers *** **** ****, *** ****** managing **** ** ******** ** *******.

(1)
(2)
U
Undisclosed #7
•Mar 13, 2023
In reply to John Honovich

**** ** **** * *****-****** **** all ******.

**** *** *** **** * ****. In ****, **** **** *** ******** of * ****. **** **** ***** money ****** ** * ******* *******. That ********* ****** ** *** ***** risky ***** **** ****** (********** ** business) *** ** **** ***** *****.

**** *** **** ******** **** **'* at ***************** *** *** ** ******************************* *** ******* ** ****, ** makes ***** **** ********** ***** ** backstopped ** *** **** ** ****.

(1)
(1)
Avatar
Ryan King
•Mar 13, 2023
Pacific Audio and Communications
In reply to Undisclosed #7

**** *** ******** **** *** *** is ******** *********** *** ***.

(1)
(1)
U
Undisclosed #7
•Mar 13, 2023
In reply to Ryan King

*** *** **** ******** ***** ** quickly *** ** ************ **** ********* the ****** ********* ****** *** *** have **** ** ****** *** (**** anyone ***** ******** ** **extremely ************) *********** **** *** **** ** securities ****** *-*%. *** ****** **** basis ** *** ******* ******** *** changed ****** * ~**-***** ******, *** they *** *** ****** ** ******** returns **** ** ***** *** **** of ***** ******** (*.*. *** ***** they ***** ************** **** ** *** depositors). **** ** *** *** *****'* seen *** ***** ***** ******** *% returns ** ******* ******** ******* *** fact **** ******* ***** ***** ******* it -- **** ***** ********* ****** afford ** *** ***** ******** ***** without ****** ***** ******* ***** ******* is ********* ********* ** ****-**** *********** at *-*%.

*** *** *** *** ****** ***** so ************, **** ***** ***** **** happened. *** ****** ****** **** "***** greedy *****", **** ** ********* *** of *** **** ************ ****** **** banks *** ******* ** **** *****.

(1)
(1)
JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Undisclosed #7

*** *** **** ******** ***** ** quickly *** ** ************ **** ********* the ****** ********* ****** *** *** have **** ** ******

************ ******* *** ********* ***'* ********** interest **** ****, ***'* **** *** to *****, ***.?

** *** *** ****, ***** ****** are ******* ** *** ******** *** deserve ******** ** ******* *** ** the ***** ****, **** ***'* **** undergraduate-level *********.

* *** **** ******** ********* ***** not ** ***** ** ***** ******, but ***** ****** *** ***** *** finance.

(2)
U
Undisclosed #7
•Mar 13, 2023
In reply to John Honovich

**** ** **** * ********** **** it's ********** ** ******* **. **** like * ******* *** ** **** -- **** $***** ** ********** ****** within ** ***** *** ** **** exact *****. *** **** ******** ********* spoke ** **** **** **** ****** the **** *******.

*** **** ****** ** ****** **** a *********** ***** *** **** ** because ** *** *** **** *** created. **** **** **% ** ***** entire ******* **** ** *** ******** day. * ***** *'** **** **** before ** **** ******, *** ** I *****'*, ***** ** *** * single **** ** *** ****** **** could ********* **% ** ***** ******* outflows ** * ****** *** *** remain *******. **'* **** *** ********.

*** *** *** **** **** *** anything ** ** **** ****, ** firms, ** ******** ** *** ****, but *** ***** ** ************* *****.

(1)
(1)
UM
Undisclosed Manufacturer #5
•Mar 13, 2023
In reply to John Honovich

************ ******* *** ********* ***'* ********** interest **** ****, ***'* **** *** to *****, ***.?

******* **** ***** ** ********** ** supposed ** ** *** ******** ***** that *** ******** ******. *** *** raised ***** **** *** **** (***'* blame ****, **** ****'* **** * lot ** ***** *******), *** **** turned *** ******, **** ************ ******** bet **** * ***** ****** **** could **** ** *** **** ***** money ********* ****.

*** *** ********** ***** ** ***** up ** ****** ******** ****** ** risk ****** ****** *****.

**** ** ** ********* **** * doctor ****** ** ********** ****** ** action *** **** ******** *** **** effect ** **** ******. ***** ***** you **** ****, *** **'* ******* better **** *** ***********.

****** *** ***** ****'* **** *** talk ** ****** ********* *****, **** depositors. **** ***'* ***** *********** ******, this ** ***** ****** **** *** tech ****** *****'* *******.

*** **** ******* ** ** ***** here.

*** ** ***** ******** ***** ** be **** **** **** ** *** over, **** ****** * *** ** the ******* **** **** **** ********* logical ** *** ****.

*** **** ****** ** ***** ** have ** **** ******* **** ******* to **** **** ***** ******** *****. At ***** ****'** ** **** ** make ******* *** ***** ***'* ** mass ******* ** *** ****** **** (although *'* ****** **** ********* ********** is ***** ** ** ***** ** investing ******** ** ******** *** **** of *** ******* ***** ***).

********** *** ***** **** ***** **** a **** *** ***** ********** ** for ********** **** **** *****, ** the ** ******** ***'* ** *** hook *** **** ***** (** ** they ***).

*******, **** ** ** ******** ***** now:

(2)
(2)
U
Undisclosed #7
•Mar 13, 2023
In reply to Undisclosed Manufacturer #5

***** ****.

JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Undisclosed Manufacturer #5

******* **** ***** ** ********** ** supposed ** ** *** ******** ***** that *** ******** ******.

**. **** *** ** *** ***** even ** ************ ********* ******?

********** ****** ** ******* **** (******** the ** ********** **** *** ********).

********** **** ***** ******* ******* ******** rate ****. *** *** * **-**** Treasury **** * ***** ** *% (or ********). ******** ***** *******, ********, your ******** ** *** ***** **** money. ******** ***** *********, *****, **** Treasury ** *** ***** **** *****.

******** ****** **** *** **** **** so *** **** *******:

IPVM Image

** *** *** *** ** ********, banker, *********, ***., ****'* **** *** to **** ****. *** ** *** claim ** ** * ************** ** an ********* ** * ******** ****** company, **** ** ****** ***********.

(1)
UM
Undisclosed Manufacturer #5
•Mar 13, 2023
In reply to John Honovich

****. **** *****'* ****** *** **** that, ** *** **** *** **** made ***** *********, ** *** ** low **** ** ********** ** **** could ****, *** ** *** **** a ********** ****** ***** **** ******** the ****, ** *** ******* *** late ** **** ***** *****.

** **** *****'* ****** *** **** that **** **** *** ********* **********, and **** ***** ** **** **** the **** ****.

JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Undisclosed Manufacturer #5

** *** **** *** **** **** their *********, ** *** ** *** risk ** ********** ** **** ***** make, *** ** *** **** * reasonable ****** ***** **** ******** *** risk,

********** ******? ** *** ***'* ********** Interest **** *** ***** ** **** FDIC ***** ***, ****'* ****, ********* you *** *** *** *** ** CFO ** * ***********.

*** **** ** *** **** ********* exists, ** ******* ******* *******-***** ****** that ** *** ********** ***** ********.

**** ********* **** **** ****** ***** for ***** *** **** **** **** profits ***** **. ** **** ****, they **** * **** (******* **** the ***** *** *** ******* *** that ******** **** ********** ***** *** price ** ***** ** ******), *** instead ** ********* *** ****, **** pushed ** ** *** ********** *** the ****** *********.

(2)
Avatar
Ryan King
•Mar 13, 2023
Pacific Audio and Communications
In reply to John Honovich

********* *** *****. ********* *** ******.

(1)
(2)
U
Undisclosed #7
•Mar 13, 2023
In reply to Ryan King

**** ************ * *********** **** ** understanding ** *** ****** *********.

***** *** ** "*****" **** ****. SIVB ** ** ****** ** *******, all ** ***** ****** **** **** seized, *** ***** ************ *** ***** to ** ***** ***.

*** **** ***** *** *** ** guaranteeing ** **** ********** *** ******* the ***** **** *** ** *** bank ****.

JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Undisclosed #7

***** *** ** "*****" **** ****.

***** ********* **** **** **** $***,*** is ******* **** ****, **** ** Roku ***** ****** **** ****** $***+ million. **** **** *** *****. **** were ************* ******* (** ** ***** claimed ** **). **** **** * risk. **** ****. *** ********** ******* in *** **** ***** ********** *** told ******** ** *******.

*** *** **** ** ***** **** the ** ********** ****** ********* *** depositors *** **** *** ******* *** undeniably *** *** ****.

(1)
(1)
(1)
Avatar
Ryan King
•Mar 13, 2023
Pacific Audio and Communications
In reply to Undisclosed #7

* ****'* ***** ***** *** ***** from '****.' * ***'* ***** *** wealthy **-***-**** ***** *** ****** ***** funds ***** ******* *** *** ****, little ** ***. *** ***** **** been **** ** *** ******** ***** in **** ***** ****** ******. *** the ****** *** ********* ******.

(1)
Avatar
Ross Vander Klok
•Mar 13, 2023
IPVMU Certified
In reply to Undisclosed #7

*** **** ***** *** *** ** guaranteeing ** **** ********** *** ******* the ***** **** *** ** *** bank ****.

**** ** * ****** *** "*****"!!!!!

(1)
UM
Undisclosed Manufacturer #5
•Mar 13, 2023
In reply to John Honovich

** **** ****, **** **** * risk (******* **** *** ***** *** not ******* *** **** ******** **** variations ***** *** ***** ** ***** to ******), *** ******* ** ********* the ****, **** ****** ** ** the ********** *** *** ****** *********.

***, ** ****** **** **** * risk, *** **** *** ***** *** safest ******** ****** **** ***** **** taken. ***'** ****** **** **** **** reckless *** ********* ***'* ******* **********, when **** **** ******** ***** ************ and ********.

(1)
JH
John Honovich
•Mar 13, 2023
IPVM
In reply to Undisclosed Manufacturer #5

**** *** ***** *** ****** ******** course **** ***** **** *****.

**, **** ***** **** ****** **********. Again, ** **** ** *** ******* or ********** ** ***, ****'* ****. But **** ** ** ******* *** reasonable ***** *** * ******* ************.

** *****' *****, *** ***** **** somewhat ** ** ******** **** ******* carrying * *** ******* ** *** bank ** ********* *** ******* ********. But *** ************ ***** ******** **** has ********* ********* ********** *********** ********* of ******** **** *** *****. ***** pay * ****** ******** **** **** treasuries, ********** **** ***** *****. *** for **** ******* ************* ********** **** take ** *** **** ** ** not ****** *** **** ******* ** the ** ********** **** ********** ****.

* **** ******** ** ****** ** the **** *****. **'* * ******** that *** ** ********** *** ** bail *** **** *** **** *** US ********* **** ** **** **** millions ** *******. ****** **** *** incompetent ** **** ********* ********** **** ****** *** *** ***** for **.

(1)
Avatar
Ross Vander Klok
•Mar 13, 2023
IPVMU Certified
In reply to Undisclosed Manufacturer #5

**** ****** *******

********, ****** *** ********** ** *****, knew ******** ***** **** ******* **. Federal ******* ******** ****** ****** *** been ******** **** **** *** ******** tops. *** *** ***** *** **** business ** *****, ********* *****-**** **** depositors *** ******* ****-****, ******* *** interest-rate *******.

Avatar
Ryan King
•Mar 13, 2023
Pacific Audio and Communications
In reply to Undisclosed #7

*** *** ****** ***** ** **** inflation. **** ** ********* *** ***'* job. ********* *** ******. *** ******* sector **** **** *** ******: *** was ****** ****-****** *** ***** ******* holders ****** * ***.

**** ***** **** ****** ** *** previous * *****. *** **** ****** or ** *****. *** ***** *** increase *******.

**** **** ** **** ***, ******* the *** *** *** ** ******* the ******** *** *** ********. *** was ****.

(1)
(1)
Avatar
Brian Karas
•Mar 13, 2023
Pelican Zero
In reply to Ryan King

**** **** ** **** ***, ******* the *** *** *** ** ******* the ******** *** *** ********. *** was ****.

*** *** **** **** ****?

* ***** *** **** ****** **** reason ** ******* **** ** ******** was ************ ***** (*** **** *****') ability ** *** *** ***** ** work ** *** **** ** *****.

*** ******'* **** **** **** *****? Because ***** *** ******* *****.

*** *** ***** ** *****? ******* of *** *****.

***, *** ***** *****, **** ******* in *** ********* ******* **** *** for *********. **** ****** **** ** resort ** *** ******** **** **** investments.

***** ******** **** *****, * ********** quick ******** ** ***** ** ****-**** money, **** **** ** * *** position.

*** *** ** *** ******* ************** here ** *** ***** ****** ** things.

(2)
U
Undisclosed #7
•Mar 13, 2023
In reply to Brian Karas

***** ***.

*'* *** ****** (*** * ***'* think *** ***) **** *** *** was ***** ** ***** *****, *** there ** **** ******** ***** ******* the *** ** ** ***** ********* responsible **** -- ***** ** ** question **** ***. *****, *****, ** why *** *** **** ************ **********.

(1)
U
Undisclosed #7
•Mar 13, 2023
In reply to Ryan King

***** ** ****, *** **** **** failure ** *** ** ******** ** October ** ****. ***** **** * in ****, * ** ****, *** 0 ** ****.

** "****" ********** = "*", ******* a ***** ** * ***** ** the ** **** ****** ** *** last * *****.

****, *** **** **** **** ** somehow ******* ** **** ** *********.

**, *** *** **** **** "*** banking ****** **** **** *** ******" is **** *********. ****'* *** ***** are ** ***** $*** ******* ******* in ***** ********** ****** *** ** this ***** ***** ** *** ******* sector ** *** **. **** ** literally * ******** ***** ****** *** banking ******, ** *** ***** ************** ****** **** ****, *** ******** of *** **** ****:

"*** ******* ******** **** *********** *** had ******** ******* ** *** ************* and **** ******* ** *****’ ******* and ********** **********. ********** ****** ****** a ****’* ****** ******* ** **** unexpected ********* *****."

** ****...*****'* ********* ******* ***** **** post **** ** **** ******** *******.

(1)
(1)
Avatar
Ryan King
•Mar 13, 2023
Pacific Audio and Communications
In reply to Undisclosed #7

** "****" ********** = "*", ******* a ***** ** * ***** ** the ** **** ****** ** *** last * *****.

****, *** **** **** **** ** somehow ******* ** **** ** *********.

***, * ***** ****** ** * 4 **** **** ****** ** ****. With * ********.

********* ** ** ******* ** ***. If *** **** ** ******* **'* going ** ******, ** *****.

(2)
Avatar
Ross Vander Klok
•Mar 14, 2023
IPVMU Certified
In reply to Undisclosed #7

*** **** ******** ***** ****

(1)
(1)
JH
John Honovich
•Mar 12, 2023
IPVM

*** **** ********:***** ********* ** *** ********** ** the ********, ******* *******, *** **** | *.*. ********** ** *** ********

********** **** **** ****** ** *** of ***** ***** ******** ******, ***** 13. ** ****** ********** **** *** resolution ** ******* ****** **** **** be ***** ** *** ********

************ *** ******* ********* *********** **** not ** *********. ****** ********** *** also **** *******. *** ****** ** the ******* ********* **** ** ******* uninsured ********** **** ** ********* ** a ******* ********** ** *****, ** required ** ***.

JH
John Honovich
•Mar 13, 2023
IPVM

*** ********* ***** ********* ** "*** Silicon ****** **** *******":

**** ****** *** ******* ****** **** in **** ***** **** *** ******* demanding **** *** ******** *** *** intervene ** **** *** ***. **’* revealing ** *** *** *** **** a **** **** ** * ******—*** it ****’* *********** *****-**** ************ ******** ******* ************* *****, **** ******* ***** *********....

******** ********* ***** ****** **** ****** there **** ** ** “*******” *** SVB, *** *** ** ********* ** semantics....

*** ***’* *** *** **** ******** monetary *** ****** ********** ** ******* without *** **** ********** ****** ***. The ***** ******* ******* ** *********. The ****** *** **** ** * financial *****, **** ******** ****** **** may *** *** **** ******* ****** Bank.

(1)
U
Undisclosed #10
•Mar 13, 2023

******** **** *** *** * ****** that **** *** ************* **** *** to ********’* ******* ******* ***********(*) *** asked *** ******** ** ***** *** payments.

(1)
UI
Undisclosed Integrator #11
•Mar 13, 2023

***** **** ******* *** ***** ** have * ***** *** **** *** SVB ***** *** ********* *********** ***** to *** *****.

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(2)
Avatar
Ross Vander Klok
•Mar 13, 2023
IPVMU Certified

****** : ******** ** ******** *** wrong ******

** *** **** ******* *** *** it *** **** **** * **** seen. *** ***** ***** ** **** worth * **** *** **** ** the ********* ****.

* *** ** ***** *** ********* this***'* * ********** **** ** ***** **** **** ** *********. *** ********: *** ***** ********* says, "** ****** ********** **** *** resolution ** ******* ****** **** **** be ***** ** *** ********."

*** **** ** **********. *** *** thing, ***** *** ********** *********. *** in ********** **** ****, *** **** institutions *** *** *********** **** **** the ****** ** **** **** ** order ** ********* **** *********** ******. Besides, ***** **** ******** ** ***** don't ***** ** * ****** **** only ******* *** **********; ***** **** on *** ***** ** ********** ********** to ********* ** * ****** ** ways. ** *** **** **** *** government's ******* ***** **** **** **** sort ** ******* **** ** ***********-**** money ** *****.

"*** ****** ** ****** ** *** hook *** *** *** *******, ** matter *** **** ********** ******* ***** won't ** ***** ** *********,"*************** ***. ****** ***** (*–****.) ** Twitter, ******** *** **** "* ******* creates * ***** ******, **** ** it's ****** * ******* ** ********** at * ****; ** *****'* ***—*** instead ***********—*** ******** *******."

(3)
JH
John Honovich
•Mar 27, 2023
IPVM

*** ***********: **'* ***** ** **** taxpayers ~$** *******,*** *** ****:

*** **** ********* *** **** ** the ******* ** ******* ****** **** to *** ******* ********* **** (***) to ** ************* $** *******. *** exact **** **** ** ********** **** the **** ********** *** ************.

*** **** *** ******** ** *** ** ******** **** taking * **** ** $**.* ******* to ****** **:

** ** ***** **, ****, ******* Valley ****** ****, ******** ***********, *** approximately $*** ******* ** ***** ****** and ***** $*** ******* ** ***** deposits. *****'* *********** ******** *** ******** of ***** $** ******* ** ******* Valley ****** ****, ******** ***********'* ****** at * ******** ** $**.* *******. Approximately $** ******* ** ********** *** other ****** **** ****** ** *** receivership *** *********** ** *** ****.

U
Undisclosed #7
•Mar 27, 2023
In reply to John Honovich

**'* *** ***** ** **** ********* $20BN. *** *** ** ****** ** banks, *** *********.

JH
John Honovich
•Mar 27, 2023
IPVM
In reply to Undisclosed #7

*** ***** **** **** *** **** off ** **********, **** *** *** going ** *** **.

(1)
Avatar
Ryan King
•Mar 27, 2023
Pacific Audio and Communications
In reply to John Honovich

**** ** *** '********* *** *******, socialize *** ******' ** * ***** criticism.

U
Undisclosed #7
•Mar 27, 2023
In reply to John Honovich

****** ****'* *** *** ** ***** -- ** ***.

*** *** ** ****** ** ** assessment ** ***** ***** ** ***** total ***********. ** ***** *****, *** assessments *** *** *** *** ***** literally ** ********* ******* **** *** banks *** ***** **** ***** ********** risk.

**, ** *** ***** **** **** are "****[***] *** **** *** ** tayxpayers [***]", **'* ********* ****'** **** "passing ***" *** * ****, **** time -- ********* ***** *** *** became * *****.

********** **** "*********" *** ***** ** bear *** **** ** **** ******** -- **** ********** -- ** ******** disingenuous. ****'* ********* *** ** *** how **** *****, *** ** ********* makes *** * ****** ********* **** you *** **.

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