Money & Markets Report: March 16, 2023
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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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Money & Markets Report: March 16, 2023

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Theme: Bank Run or Take Down?
Interview: Solution Series: Securing Your Privacy from Big Tech with Rob Braxman
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125 Comments
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125 Comments
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Catherine,
what’s your take on the current events around Silicon Valley Bank in California?
Thanks Christian -
Chinese startups have long relied on SVB, which has forged ties with local government officials in Shanghai, for venture capital funds after traditional US banks turned them away. The Chinese government exerts strict controls over its currency and imposes restrictions on foreign investments — making SVB one of the few lenders willing to work with China-based startups seeking capital from offshore investors.
https://www.svbsecurities.com/team/joseph-gentile/
Joseph Gentile is the Chief Administrative Officer at SVB Securities. Prior to joining the firm in 2007, Mr. Gentile served as the CFO for Lehman Brothers’ Global Investment Bank where he directed the accounting and financial needs within the Fixed Income division.
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He had ties to Enron too- coinky doinky
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Thank you, Rich! That may explain why SVB was taken down. That’s my best guess now.
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Comments are closed.
Catherine,
what’s your take on the current events around Silicon Valley Bank in California?
Thanks Christian
https://www.msn.com/en-us/money/news/silicon-valley-bank-s-collapse-sends-shivers-through-china-startups/ar-AA18tlDO
https://www.svbsecurities.com/team/joseph-gentile/
He had ties to Enron too- coinky doinky
Thank you, Rich! That may explain why SVB was taken down. That’s my best guess now.