First Citizens Steps up to Buy Failed
Silicon Valley Bank
Posted By: Dreadnought, 3/27/2023 11:19:53 AM
North Carolina-based First Citizens Bank and Trust has purchased Silicon Valley Bank (SVB), the tech industry favorite that collapsed earlier this month amidst an historic bank run. The agreement involves the sale of all deposits and loans of SVB to First-Citizens, the Federal Deposit Insurance Corporation (FDIC) said in a statement late Sunday night. AP reports customers of SVB automatically will become customers of First Citizens, which is headquartered in Raleigh. The 17 former branches of SVB will open as First Citizens branches when business begins Monday. Regulators shut Silicon Valley down on March 10 when it had about $167 billion in total assets and roughly $119 billion in deposits.
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Former President Donald Trump has taken serious heat since late last week, when he shared an article on his Truth Social account that included an image of him holding a baseball bat next to a picture of Manhattan District Attorney Alvin Bragg.
Yet contrary to corporate media narratives, Trump did not create the image and says he did not see a preview of the photo before he posted a link to the article. The bizarre post led to several media outlets claiming Trump was inciting violence against Bragg, who Trump previously announced intended to indict him on a case many legal scholars, including Trump critics,
The suspect who killed six people at a Nashville Christian school is the second transgender-identified woman who has attacked a school since 2019.
On Monday, transgender-identified Audrey Elizabeth Hale, 28, killed three adults and three children at the Nashville school. In 2019, Alec McKinney was aged 17 when she helped killed one teenager at a school in Colorado while she claimed to be transgender.
Female mass shooters are very rare, but a 2011 study of 133 women who went through Sweden’s masculinization treatment showed that:
female-to-males had higher crime rates than female controls … [and] did not differ from male controls. This indicates … that sex reassignment is coupled
Salem, N.H. — Nikki Haley plans to lean into retail politicking on the 2024 GOP primary trail, focusing on more intimate events that she believes will heighten the contrast between her and the early favorite for the nomination, former president Donald Trump.
The former South Carolina governor laid out her strategy during a town hall in Salem, N.H. Tuesday night, when one of the voters gathered at the Derry-Salem Elks Lodge asked how she planned to best Trump.
“When you look at the situation that we have, President Trump has 25 percent of Republicans,” Haley said. “It’s a hard 25 percent. They are ‘Trump or no one.’”
“There are 75 percent other Republicans
The White House said it has stopped sharing detailed data on its strategic nuclear forces with Russia in response to the Kremlin refusing to comply with a key nuclear arms treaty, the standoff another front between Washington and Moscow over Russia’s war in Ukraine.
Russian President Vladimir Putin announced in February that it was suspending its participation in the New START nuclear arms treaty with the U.S., citing America’s military support for Kyiv as making it impossible for Moscow to engage with Washington. White House National Security spokesperson John Kirby said Tuesday that Russia has refused to share nuclear data with the U.S., prompting Washington to withhold
WASHINGTON — A federal judge has ordered former Vice President Mike Pence to comply with a subpoena in the investigation into former President Donald Trump’s efforts to overturn the 2020 election results, according to a source familiar with the decision.
The ruling from Judge James Boasberg, the chief judge for the U.S. District Court for the District of Columbia, requires Pence to testify before the grand jury tied to the probe led by special counsel Jack Smith. The ruling was issued Monday but remains under seal because it involves grand jury matters. The judge's order gave Pence a partial victory regarding his argument that he was shielded from having to testify
Mainstream media outlets struggled to describe the sex of the mass shooter who claimed six lives at a private Christian grade school in Nashville on Monday, first describing the female perpetrator a woman in response to reports from the authorities and then racing to correct themselves once it became clear that the shooter identified as a man.
After initially describing the shooter as female in official department statements, Nashville police chief John Drake said during a Monday afternoon press conference that the shooter, a former student at the Covenant School, identified as transgender. Asked by a reporter whether the shooter identified as a trans woman or a trans
A fire that broke out inside the men’s section of a migrant detention facility in Ciudad Juárez, Mexico, has claimed the lives of at least 39 individuals.
According to the National Institute of Migration (INM), a Mexican federal agency, a total of 68 men from Central and South America were in the building at the time of the fire.
“It is with deep sadness and grief that we learned of the fire that occurred inside the INM in Ciudad Juárez,” the city’s federal deputy, Andrea Chavez, tweeted on Tuesday.
“We will wait for the official information and, from this moment on, we send our condolences to the families of the migrants.
Disney will begin layoffs this week, the first of three rounds before the beginning of the summer that result in about 7,000 job cuts, according to a memo sent by Chief Executive Bob Iger.
The cuts are part of a broader effort to reduce corporate spending and boost free cash flow. Disney said last month it plans to cut $5.5 billion in costs, including $3 billion in content spend.
"This week, we begin notifying employees whose positions are impacted by the company's workforce reductions," Iger wrote in the memo, which was obtained by CNBC. "Leaders will be communicating the news directly to the first group of impacted employees
As we reported earlier, a staffer for Rand Paul was brutally attacked in broad daylight in Washington, D.C. on Saturday and the news just broke on Monday, after Sen. Rand Paul announced it in a statement.
The staffer was walking down the street with a companion less than a mile and a half from the U.S. Capitol, when the suspect, Glynn Neal, 42, who was hiding in a corner allegedly “popped out of the corner and proceeded to stab (the victim) multiple times,” according to the police statement on the matter.
The staffer and the companion were able to take the attacker to the ground. The police arrived and found
Study: World Population Close to Peak
and Steep Decline — No ‘Population
Bomb’ on Horizon 11 replies
and Steep Decline — No ‘Population
Bomb’ on Horizon 11 replies
A study commissioned by the Club of Rome and published on Monday found that the world population is approaching its peak and will begin declining swiftly after the middle of the 21st Century, averting the “population bomb” scenario in which longer lifespans, more abundant food, and better medical treatments cause the human race to overwhelm the capacity of the Earth to sustain it.
The “population bomb” thesis derives its name from the sensationalistic, and later thoroughly discredited, 1968 book by Stanford University entomologist Paul Ehrlich. Ehrlich’s fanciful book touched off a worldwide overpopulation panic, presenting grim scenarios of imminent mass starvation and resource shortages that did not come to pass.
Representative Jim Jordan (R., Ohio) sent a letter to Treasury Secretary Janet Yellen and Internal Revenue Service (IRS) Commissioner Daniel Werfel demanding an explanation of why the federal agency deployed federal agents to visit “Twitter Files” journalist Matt Taibbi.
Jordan, the chairman of the House Judiciary Committee, sent the notice on Monday requesting more information into the timing and circumstances of the raid on Taibbi’s house in New Jersey on March 9.
Federal agents were dispatched to Taibbi’s residence the very same day that the investigative journalist appeared before the Select Subcommittee on the Weaponization of the Federal Government, also chaired by Representative Jordan.
Nikki Haley Calls for Cop in Every School,
Dismisses Gun-Control Arguments after
Nashville Shooting 5 replies
Dismisses Gun-Control Arguments after
Nashville Shooting 5 replies
Dover, N.H. — Presidential candidate Nikki Haley offered a call-to-action on school safety in response to a Nashville shooting that left six people dead on Monday.
A 28-year-old female shooter who identifies as transgender opened fire at The Covenant School on Monday killing three children and three adults, police said. The shooter was a former student, though the motive for the shooting was not immediately clear. The victims ranged in age from 8 years old to 61 years old.
The shooter entered the private Christian school of roughly 200 students through a side entrance, according to police spokesperson Don Aaron, and was wielding two “assault-style” rifles and a pistol,
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Former New Jersey Governor Chris Christie suggested to an audience on Monday that he may enter the 2024 presidential race to torpedo former President Donald Trump.
Christie made the remarks while speaking at St. Anselm’s College in New Hampshire. Christie campaigned in New Hampshire more than any other GOP candidate in 2016 and was blown out there, leading him to suspend his campaign.
“You better have somebody on that stage who can do to him what I did to Marco because that’s the only thing that’s gonna defeat Donald Trump,” Christie said in reference to him going hard after Sen. Marco Rubio (R-FL) during the debates.
The transgender school shooter who killed six people including three innocent children yesterday before being gunned down by police sent a message to a friend moments before the rampage, telling her: 'I'm planning to die today... you'll probably hear about me on the news.'
Audrey Hale, 28, shot and killed three students and three teachers at The Covenant School in Nashville, Tennessee, shortly before 10.30am yesterday.
Audrey - who was transgender and also went by 'Aiden' - was then shot and killed by police.
New York Post opinion writer Miranda DeVine on Monday criticized former President Donald Trump for dwelling on past grievances instead of offering better solutions to problems the United States faces.
"What Donald Trump ought to be doing, that is putting forward a vision for the future not complaining endlessly about the past," DeVine told FOX News host Laura Ingraham. "I think the fact that he spent so much of that interview talking about his current issues with [Manhattan DA] Alvin Bragg I think was a waste as well. To be constantly focusing backwards, there are a lot of problems in this country and he is able to articulate those. But how
EVs Are The Yugo Of The 21st Century
36 replies
Way back in the mid-1980s, communist Yugoslavia exported the Yugo, a compact car that sold for around $4,000. It was so poorly made that bumping into a pole at 5 mph could total it.
Fast forward to today, and a new class of cars has a similar problem. A minor accident can cause a total loss, even if the car’s been driven only a few miles. The only difference is that these cars aren’t cheap imports from some godforsaken socialist state. These are state-of-art electric vehicles that come with an average sticker price of $55,000.
Why are insurance companies totaling low-mileage EVs that have been in a fender bender?
Barack Obama’s Joe Biden’s America.
An IRS agent showed up at the home of ‘Twitter Files’ journalist Matt Taibbi on the same day he testified before Jim Jordan’s Committee on Weaponization of the Federal Government.
How convenient.On March 9, Matt Taibbi dropped a Twitter Files ahead of his testimony to Congress: THE CENSORSHIP-INDUSTRIAL COMPLEX
Journalists Matt Taibbi and Michael Shellenberger appeared before Congress later that day.
The FTC had already been harassing Elon Musk and demanding he “identify all journalists” granted access to the Twitter files.
On Monday evening, former President Barack Obama tweeted his response to the Nashville Christian school shooting by repeating the left’s false claim that guns are the number one killer of children.
On March 23, 2023, Breitbart News reported that actor Billy Porter made the same false claim, screaming that “the leading cause of death in children are guns” during an appearance on ABC’s The View.Porter’s claim, which is now Obama’s claim as well, became a common one among leftists and non-fact-checking moderates in the summer of 2022 after
Salem, N.H. — Nikki Haley plans to lean into retail politicking on the 2024 GOP primary trail, focusing on more intimate events that she believes will heighten the contrast between her and the early favorite for the nomination, former president Donald Trump.
The former South Carolina governor laid out her strategy during a town hall in Salem, N.H. Tuesday night, when one of the voters gathered at the Derry-Salem Elks Lodge asked how she planned to best Trump.
“When you look at the situation that we have, President Trump has 25 percent of Republicans,” Haley said. “It’s a hard 25 percent. They are ‘Trump or no one.’”
“There are 75 percent other Republicans
The mom of the transgender school shooter who murdered six people including three nine-year-olds at a Nashville private school Monday said 'I think I just lost my daughter' - as her own calls for increased gun control emerged.
Norma Hale spoke to ABC News shortly after her daughter Audrey Hale, 28, was named as the shooter.
She said: 'It's very, very difficult right now. I think I lost my daughter today.' Norma then requested privacy as her family struggles to cope with the magnitude of her late daughter's actions.
Disney will begin layoffs this week, the first of three rounds before the beginning of the summer that result in about 7,000 job cuts, according to a memo sent by Chief Executive Bob Iger.
The cuts are part of a broader effort to reduce corporate spending and boost free cash flow. Disney said last month it plans to cut $5.5 billion in costs, including $3 billion in content spend.
"This week, we begin notifying employees whose positions are impacted by the company's workforce reductions," Iger wrote in the memo, which was obtained by CNBC. "Leaders will be communicating the news directly to the first group of impacted employees
President Joe Biden said Tuesday that nothing would stop him from visiting Northern Ireland after the region's terrorism threat level was increased to 'severe' less than two weeks before the 25th anniversary of the Good Friday Agreement.
Although Biden's trip has yet to be confirmed by the White House, DailyMail.com revealed that he is expected to visit Belfast and Dublin next month.
On Tuesday, Britain's MI5 security service increased its risk assessment from 'substantial' after police were targeted by politically-motivated groups.
Calls for police to release the "manifesto" that authorities say was written ahead of Monday's Nashville school shooting has prompted concern among LGBTQ+ groups, who caution against the publication of such a document. While many details remain to be unveiled about the massacre at The Covenant School this week, police have identified the shooter as 28-year-old Audrey Hale. On Monday, Hale, armed with two assault-style weapons—a rifle and a pistol—as well as a handgun, fatally shot three children and three staff members at the school before being killed by police. Speaking at a press conference hours after the
When newspapers publish stories using the phrase “her testicles,” it’s easy to add laughter to the tears that always accompany reports demonstrating the complete breakdown of reality in modern America. There is no laughter, though, when trying to decipher the biological sex of the school shooter who killed three children and three adults in Nashville (snip) She was, quite simply, a completely evil woman, although I’m certain that her sense of victimhood due to her untreated mental illness exacerbated the sense of ill-usage that drove her to slaughter children.