Divine Intelligence, etc cover image

sr20230323_Money

Divine Intelligence, etc

00:00

JP Morgan Bankers Pull All Nighters to Take on Clients at Silicon Valley Bank

SVP failed on March 10th. That's when the California state regulators take possession of the bank and appoint FDIC as receivers. By way of that background, let's now go to the New York Post, JP Morgan Bankers, pull all nighters to take on clients at Silicon Valley Bank. Interesting because in the JP Morgan system, they're like, hey, buzzer, why don't you wait for a cadet? Right. So they can break and know your customer laws to bring all these accounts. But then what you're doing is you are financing this game, whatever this game is, by essentially stealing the value of the investment portfolio and the loan portfolio once it's

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app