The regulators were there until SVB lobbied Congress to remove the guardrails that prevent this kind of crisis in the first place.
Warnings were everywhere. SVB, like many gamblers before them, knew what they were doing. Let the FDIC open the books & see what itโs working with.
Mark Cuban: Bailout Silicon Valley Bank TONIGHT
Feds: Approved
Lloyd Blankfein: Goldman Sachs needs $824 billion
Feds: Approved
Jamie Dimon: JPMorganChase needs $416 billion
Feds: Approved
Average Joe: My wife got cancer. Can we get Medicare?
Feds: We're broke.
Tw:Suicide
I read Edenโs suicide note today. The hardest part is that she was in DC and got to experience the community here before being forced to detransition.
Thatโs my city.
Then they took it away from her.
Detransition is a fate worse than death for so many of us.
Not a drag queen, not a trans woman, not a librarian, not a non-binary elementary school teacher. A youth pastor. Another youth pastor.
https://t.co/oYnVJuYlCD
@xEKOHx@Soapscum628 @GNQ__ @Kedz Historically speaking trans and gender non-conforming people have always been at the forefront of LBTQIA+ rights, but specifically there is evidence from pre WWII of Black trans women leading civil rights movements.
@GNQ__ Gay rights came from trans Black women's murder, incarceration, and struggles. What are you going to do next, cut pansexual people out? What about people who are in non hetero relationships that don't neatly fit into labels? Are they not "gay" enough?