Agents of Behemoth
2.8K views | +2 today
Follow
Agents of Behemoth
1 John 5:18 (ESV)
Curated by The Swarm
Your new post is loading...
Scooped by The Swarm
Scoop.it!

Silicon Valley Bank leaders "failed badly," Fed Chair Jerome Powell says - CBS News

Silicon Valley Bank leaders "failed badly," Fed Chair Jerome Powell says - CBS News | Agents of Behemoth | Scoop.it

Fed Chair slams the executives who were leading the regional bank when it collapsed, while insisting it was a one-off event.

No comment yet.
Scooped by The Swarm
Scoop.it!

SVB execs sold millions of their company stock in lead up to collapse, federal disclosures show - ABC News

SVB execs sold millions of their company stock in lead up to collapse, federal disclosures show - ABC News | Agents of Behemoth | Scoop.it

Former SVB President and CEO Greg Becker sold over $3.5 million of his company stock holdings on Feb. 27, according to a disclosure made to the SEC.

No comment yet.
Scooped by The Swarm
Scoop.it!

Silicon Valley Bank parent, CEO, CFO are sued by shareholders for fraud - Reuters

Silicon Valley Bank parent, CEO, CFO are sued by shareholders for fraud - Reuters | Agents of Behemoth | Scoop.it

(Reuters) -SVB Financial Group and two top executives were sued on Monday by shareholders who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit, which failed last week, "particularly susceptible" to a bank run. The proposed class action against SVB...

No comment yet.
Scooped by The Swarm
Scoop.it!

Billionaire Peter Thiel claims he has $50m of his own money stuck in SVB fall | Silicon Valley Bank | The Guardian

Billionaire Peter Thiel claims he has $50m of his own money stuck in SVB fall | Silicon Valley Bank | The Guardian | Agents of Behemoth | Scoop.it

In the wake of the bank’s crisis, venture capitalists have been trading accusations over who is responsible for the collapse

No comment yet.
Scooped by The Swarm
Scoop.it!

Watch: Elizabeth Warren laughs out loud as CNBC host says banks can do their own stress testing - RawStory.com

Watch: Elizabeth Warren laughs out loud as CNBC host says banks can do their own stress testing - RawStory.com | Agents of Behemoth | Scoop.it

Sen. Elizabeth Warren (D-MA) laughed out loud after CNBC host Sara Eisen argued that banks were qualified to do their own stress testing. During an interview on Wednesday, Eisen asked Warren about legislation she has sponsored following the collapse of Silicon Valley Bank. 

No comment yet.