21 min listen
Ep. 769 - Nah, Silicon Valley Bank SHOULD NOT Be Bailed Out. Hell no!
FromThe Breakdown
ratings:
Length:
27 minutes
Released:
Mar 13, 2023
Format:
Podcast episode
Description
As the executives of Silicon Valley Bank privately rushed to give themselves their annual bonuses and sell their stock in the company, the general public had NO IDEA the bank was about to crash.
It's one of the largest single banks to crash in American history. And in some ways Silicon Valley Bank not only knew it was going to happen, they helped cause it by alerting their biggest investors, who in turn told of their friends to take all of their money out of the bank as soon as they could - which caused it to literally collapse overnight.
Now, the same people that refuse to bail out Americans that need student loan debt relief or universal healthcare are saying the federal government should bail out this bank.
HELL NO!
Let me unpack and explain it.
To listen to today’s FULL EPISODE of The Breakdown go now to Apple Podcasts or Spotify and search for “The Breakdown with Shaun King.” Subscribe there for FREE and listen to the whole podcast.
If you are already on Apple Podcasts or Spotify, please subscribe, listen, share, leave reviews, and listen daily to the entire episode. The more of it you listen to, the better it is for us.
Love and appreciate you all.
Shaun
Learn more about your ad choices. Visit megaphone.fm/adchoices
It's one of the largest single banks to crash in American history. And in some ways Silicon Valley Bank not only knew it was going to happen, they helped cause it by alerting their biggest investors, who in turn told of their friends to take all of their money out of the bank as soon as they could - which caused it to literally collapse overnight.
Now, the same people that refuse to bail out Americans that need student loan debt relief or universal healthcare are saying the federal government should bail out this bank.
HELL NO!
Let me unpack and explain it.
To listen to today’s FULL EPISODE of The Breakdown go now to Apple Podcasts or Spotify and search for “The Breakdown with Shaun King.” Subscribe there for FREE and listen to the whole podcast.
If you are already on Apple Podcasts or Spotify, please subscribe, listen, share, leave reviews, and listen daily to the entire episode. The more of it you listen to, the better it is for us.
Love and appreciate you all.
Shaun
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Mar 13, 2023
Format:
Podcast episode
Titles in the series (100)
Ep. 152 - Trump welcomes and celebrates a war criminal by The Breakdown