Unlimited Hangout with Whitney Webb cover image

Consolidating Control with Catherine Austin Fitts

Unlimited Hangout with Whitney Webb

CHAPTER

The New York Fed's Predatory Run

SVB had 68 percent of its deposits insured, which is a very low percentage. Short sellers to short the stock meant they could make a lot of money driving a stock down. The other problem was that regulators have encouraged banks not to do loans in their community but to put money in long treasuries.

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