SVB Financial seeks bankruptcy protection
for reorganization
Posted By: Dreadnought, 3/17/2023 10:22:35 AM
SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after its former unit Silicon Valley Bank was taken over by U.S. regulators. The move to commence bankruptcy proceedings comes as emergency measures to shore up confidence have so far failed to dispel worries about a financial contagion. Shares of big U.S. banks fell between 1.5% and 2% in premarket trading on Friday. Californian regulators shuttered Silicon Valley Bank last Friday, making it the largest collapse since Washington Mutual went bust during the financial crisis of 2008.
people like this.
Below, you will find ...
Most Recent Articles posted by "Dreadnought"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
Dreadnought"
As RedState reported, Donald Trump put a statement on Saturday morning confirming that his indictment and arrest are imminent. According to the former president, he’ll be taken into custody on Tuesday after the Manhattan District Attorney’s office charges him over a hush money payment made to Stormy Daniels prior to the 2016 election.
The contention is that Trump broke the law by ordering Michael Cohen to make the payment, which was ultimately classified as a legal expense. New York prosecutors assert that election laws were broken because it was actually a campaign expense
A Failed Presidency In 20 Seconds
2 replies
Yesterday Joe Biden made the mistake of listening to a question from a reporter at the White House, and briefly trying to answer. I understand that the reporter was from another country; I don’t suppose a liberal American “reporter” would be so bold as to question Slow Joe on the subject of his China connections:
Two points to note. First, even in this very brief clip, Biden’s mental and physical incapacity are on display. He may only be 80 years old, but he is an old 80. Second, Biden answers “It’s not true.” But it is true. A single Chinese entity paid Biden’s family well over $1 million.
During an exclusive sit-down interview in Iowa with ABC News "This Week" co-anchor Jonathan Karl, former Vice President Mike Pence said Saturday the possible arrest of former President Donald Trump would be "a politically charged prosecution."
On his social media platform Saturday morning, Trump claimed that he would be arrested Tuesday in connection to the Manhattan district attorney's investigation into alleged hush money payments made to Stormy Daniels ahead of the 2016 presidential election -- he also called for his supporters to protest. A Trump spokesperson appeared to walk back his comments in a statement, saying in part there's no notification that the "prosecutor in Manhattan has decided.
Former President Trump will ultimately end up back in the White House if he is indicted by Manhattan prosecutors, Elon Musk predicted.
“If this happens, Trump will be re-elected in a landslide victory,” Musk said in a tweet.
Musk’s tweet came as Trump declared on his own Truth Social platform that “ILLEGAL LEAKS” from Manhattan District Attorney Alvin Bragg’s office indicate he “WOULD BE ARRESTED TUESDAY.” The comment from the Twitter boss and world’s richest man came in response to a Fox News segment detailing how Trump could potentially be “cuffed” and “fingerprinted and processed” and “escorted into the courtroom.”
Law enforcement and the Secret Service were discussing “logistics” and “security preparation”
Skyrocketing Number of Deaths Shows Human
Cost of Biden's Border Policies—'It's
Like a Graveyard' 9 replies
Cost of Biden's Border Policies—'It's
Like a Graveyard' 9 replies
The media often reports on the increasing number of illegal aliens and the hundreds of thousands of “gotaways” entering our country at the southern border under President Joe Biden’s watch, but what doesn’t always get as much attention is the number of people dying as they attempt the perilous trek.
Many get swept away by the powerful currents of the Rio Grande, perish by falling from cliffs along mountain passes or die from dehydration, or by getting lost at sea.
In one of the worst cases, which I reported on in September 2022, 53 illegals were found dead in the back of a semi that had been abandoned
Latest Twitter Files tackle 'Great Covid-19
Lie Machine' flagging true content as 'disinformation' 3 replies
Lie Machine' flagging true content as 'disinformation' 3 replies
The latest installment of the Twitter Files examined Stanford University's Virality Project meant to combat "disinformation" but in reality targeted COVID content that defied establishment narratives. According to its website, the objective of the Virality Project, which was launched in May 2020, was "to detect, analyze, and respond to incidents of COVID-19 vaccine disinformation across online ecosystems, and ultimately mitigate the impact of narratives which would otherwise undermine the public’s confidence in the safety of these processes in the United States."
On Friday, independent journalist Matt Taibbi showed the project didn't exactly live up to its mission statement.
Republican lawmakers blast potential Trump
indictment as ‘politically motivated,’
‘abuse of power’ 16 replies
indictment as ‘politically motivated,’
‘abuse of power’ 16 replies
Republican lawmakers blasted the prospect of former President Trump being indicted after he revealed he expects to be arrested next week, calling the potential move “politically motivated” and an “abuse of power.”
House Speaker Kevin McCarthy (R-Calif.) said he would direct relevant committees to investigate if any federal funding is being used to “subvert our democracy by interfering in elections with politically motivated prosecutions.” “Here we go again — an outrageous abuse of power by a radical DA who lets violent criminals walk as he pursues political vengeance against President Trump,” he tweeted, referring to Manhattan District Attorney Alvin Bragg.
Condemnations of the potential charges from McCarthy and other Republicans
McCarthy directs committees to probe whether
federal funds were used in potential Trump indictment 6 replies
federal funds were used in potential Trump indictment 6 replies
House Speaker Kevin McCarthy on Saturday said he is directing House committees to investigate whether federal funds are being used for "politically motivated prosecutions" amid reports that former President Donald Trump could be indicted as early as next week.
"Here we go again — an outrageous abuse of power by a radical DA who lets violent criminals walk as he pursues political vengeance against President Trump," McCarthy tweeted.
McCarthy was reacting to indications that the Manhattan District Attorney's office is potentially preparing to issue an indictment for alleged hush money payments Trump made as a presidential candidate in 2016.
The Swiss National Bank and Swiss regulator FINMA have told their international counterparts they regard a deal with UBS Group as the only way to prevent a collapse in confidence in Credit Suisse Group, the Financial Times reported on Saturday.
UBS, Credit Suisse and key regulators are rushing to finalise a deal on the merger of the two Swiss banks as soon as Saturday evening, the FT reported, citing people familiar with the matter.
FINMA declined to comment on the FT report. UBS and Credit Suisse did not immediately respond to a Reuters request for comment. Reuters earlier reported that UBS was coming under pressure from the Swiss authorities
Donald Trump's call for Americans to "protest", after claiming he will be "arrested on Tuesday", has sparked an angry reaction online, with commentators comparing it to the rhetoric used ahead of the January 6 2021 attack on Congress. Speculation has been growing for weeks that Trump is about to be indicted by the Manhattan district attorney's office, for allegedly breaching campaign finance laws to arrange a payment of $130,000 in hush money to adult movie star Stormy Daniels before the 2016 presidential election.
On January 6 2021 hundreds of Trump supporters stormed Congress in a bid to stop Joe Biden's 2020 presidential election result from being certified. In the ensuing mayhem,
Former President Donald Trump will surrender to face criminal charges if indicted by a Manhattan grand jury, his lawyer said Friday evening.
The lawyer, Joseph Tacopina, spoke on the heels of a report by WNBC that federal, state and local law enforcement agencies are preparing security arrangements for the possibility that Trump will be indicted as early as next week.
“Will follow normal procedures if it gets to that point,” Tacopina told CNBC when asked what Trump would do if that possibility becomes reality.
Trump is under investigation by the Manhattan District Attorney’s Office for his company recording as legal expenses a reimbursement to his former personal attorney Michael Cohen
The upcoming Superman movie to be directed by James Gunn is set to restore the “American way” portion of Superman’s ages-old motto after DC Comics removed the patriotic segment back in 2021.
As Breitbart News reported in Oct. of 2021, DC Comics dumped the Man of Steel’s “America” replacing it with “a better tomorrow” by rewriting the original slogan — “truth, justice, and the American way” — to read “truth, justice, and a better tomorrow.” “Superman’s new motto of ‘Truth, Justice and a Better Tomorrow’ will better reflect the global storylines that we are telling across DC and to honor the character’s incredible legacy of over 80
Most Active Articles (last 48 hours)
Federal Agency Comes Closer to Gas Stove Ban
29 replies
The Consumer Product Safety Commission (CPSC) has made a formal request for information about the possible health hazards of gas-powered stoves—another signal that the United States may be moving towards a ban on those appliances under the Biden administration.
“This RFI does not constitute or propose regulatory action, but rather is intended to inform the Commission and the public,” the request states.
The request can be viewed here. It has already received hundreds of comments. The comment period ends May 8.
(snip) seeking input and “proposed solutions” from stakeholders such as “consumers, manufacturers, government agencies, non-governmental organizations, and researchers on chronic chemical hazards associated with the use of gas ranges.”
Former President Donald Trump will surrender to face criminal charges if indicted by a Manhattan grand jury, his lawyer said Friday evening.
The lawyer, Joseph Tacopina, spoke on the heels of a report by WNBC that federal, state and local law enforcement agencies are preparing security arrangements for the possibility that Trump will be indicted as early as next week.
“Will follow normal procedures if it gets to that point,” Tacopina told CNBC when asked what Trump would do if that possibility becomes reality.
Trump is under investigation by the Manhattan District Attorney’s Office for his company recording as legal expenses a reimbursement to his former personal attorney Michael Cohen
Donald Trump's call for Americans to "protest", after claiming he will be "arrested on Tuesday", has sparked an angry reaction online, with commentators comparing it to the rhetoric used ahead of the January 6 2021 attack on Congress. Speculation has been growing for weeks that Trump is about to be indicted by the Manhattan district attorney's office, for allegedly breaching campaign finance laws to arrange a payment of $130,000 in hush money to adult movie star Stormy Daniels before the 2016 presidential election.
On January 6 2021 hundreds of Trump supporters stormed Congress in a bid to stop Joe Biden's 2020 presidential election result from being certified. In the ensuing mayhem,
Former House Speaker Nancy Pelosi on Saturday trashed Trump as radical Soros DA Alvin Bragg prepares to indict the former president.
In January the Manhattan District Attorney’s office revived its criminal investigation into Trump’s ‘hush payments’ to porn star Stephanie Clifford, AKA, Stormy Daniels and elevated the case from a misdemeanor to a felony.
Trump has been accused of paying Daniels ‘hush payments’ in a scheme to silence her and stop the story about their alleged affair from being published in the National Enquirer.
Maxine Waters Torches Trump on MSNBC For
‘Trying To ‘Organize Domestic Terrorists’
To Protest Arrest 21 replies
‘Trying To ‘Organize Domestic Terrorists’
To Protest Arrest 21 replies
Democratic Congresswoman Maxine Waters torched former President Donald Trump, accusing him of “trying to organize domestic terrorists” by calling on supporters to “PROTEST” his allegedly imminent arrest.
Trump touched off a firestorm Saturday morning with a social media post in which he urged supporters to ‘TAKE OUR NATION BACK!’ in an early-morning all-caps rant over reports he claims say he ” WILL BE ARRESTED ON TUESDAY OF NEXT WEEK.”
Trump appeared to be reacting to reports that various law enforcement agencies are meeting next week with Manhattan District Attorney Alvin Bragg’s office to prepare for a possible indictment and arrest of Trump
The Black Lives Matter (BLM) movement and related causes received an astonishing $82.9 billion from corporations, a new funding database from the Claremont Institute has found.
The Claremont Institute’s Center for the American Way of Life explained the necessity of their report in an article published in Newsweek, where the Center asserted that the 2020 BLM movement was about more than just “rioting and destruction.”
The Center explained that “The BLM pressure campaigns, harassment, and moral blackmail also amounted to possibly the most lucrative shakedown of corporate America in its history.”
“As a point of reference, $82.9 billion is more than the GDP of 46 African countries.
Former President Barack Obama was spotted on Thursday boarding a private jet in Los Angeles that is believed to be owned or chartered by actor Ashton Kutcher.
Obama, who many believe may have more influence than is known in the policies that shape the Biden administration, is enjoying the good life, whether it’s enjoying himself at his 29-acre estate on Martha’s Vineyard or jetting around the world to vacation in one fabulous hot spot or another.
And while he is quick to lecture Americans about climate change, it seems Obama reserves the audacity to be a hypocrite.
Republican lawmakers blast potential Trump
indictment as ‘politically motivated,’
‘abuse of power’ 16 replies
indictment as ‘politically motivated,’
‘abuse of power’ 16 replies
Republican lawmakers blasted the prospect of former President Trump being indicted after he revealed he expects to be arrested next week, calling the potential move “politically motivated” and an “abuse of power.”
House Speaker Kevin McCarthy (R-Calif.) said he would direct relevant committees to investigate if any federal funding is being used to “subvert our democracy by interfering in elections with politically motivated prosecutions.” “Here we go again — an outrageous abuse of power by a radical DA who lets violent criminals walk as he pursues political vengeance against President Trump,” he tweeted, referring to Manhattan District Attorney Alvin Bragg.
Condemnations of the potential charges from McCarthy and other Republicans
Failing Ohio School District Moves to
4-Day School Week to Avoid 'Burnout'...
of Teachers 15 replies
4-Day School Week to Avoid 'Burnout'...
of Teachers 15 replies
The headline says it all, doesn’t it?
North College Hill City School District in Cincinnati, Ohio, recently ranked #597 out of 607 Ohio school districts, according to the state’s evaluation index. By my grading scale, that’s straight F-minuses across the board. The district’s preposterous excuse? The teachers are “all worn out.” Oh, noes! On second thought, indoctrinating children five days a week must be a grueling task, at least at the beginning. I mean, you know, programming young minds to believe things they’ve likely never even heard of, the need to remember “who’s what gender?” every day,
The world is in a financial meltdown right now and our economy is on the brink of collapse. This is due to Biden’s actions. Now the criminals running our government want to arrest a good man who did nothing wrong because he threatens their power.
The GOP RINOs tried to stop candidate Trump from winning the nomination in 2016, they couldn’t.
Hillary called Trump and his supporters “deplorable” and he beat her.Obama spied on Trump, and he got caught.(Photo) The Obama gang attempted a coup of the Trump Administration, it failed, Trump did nothing wrong.
The Democrats impeached him for daring to ask about the Bidens’ actions in Ukraine,
Former President Trump will ultimately end up back in the White House if he is indicted by Manhattan prosecutors, Elon Musk predicted.
“If this happens, Trump will be re-elected in a landslide victory,” Musk said in a tweet.
Musk’s tweet came as Trump declared on his own Truth Social platform that “ILLEGAL LEAKS” from Manhattan District Attorney Alvin Bragg’s office indicate he “WOULD BE ARRESTED TUESDAY.” The comment from the Twitter boss and world’s richest man came in response to a Fox News segment detailing how Trump could potentially be “cuffed” and “fingerprinted and processed” and “escorted into the courtroom.”
Law enforcement and the Secret Service were discussing “logistics” and “security preparation”
The release of January 6th footage to Tucker Carlson by House Speaker Kevin McCarthy continues to make waves after the general counsel for the USCP threw a fit about it in a recent court filing. The case in question involves providing January 6th defendants access to the footage, something the USCP and the DOJ are fighting against. The police force’s general counsel argues that they did not get the review most of what was released by Carlson, with some of it being from the so-called “sensitive list.” (Tweet)