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IPFS News Link • Central Banks/Banking

Expect Criminal Indictments of SVB Top Executives, Here's Why

•, By Mish

Insider Sales and Bonuses

Sickening Bailout Proposal by Bill Ackman

Ackman Makes Me Sick

For starters, his end-of-the-word take is preposterous hype. 

Second, he proposes yet another moral hazard, the last thing we need.

Third, large Silicon Valley depositors knew the risk.

Fourth, I expect most of the funds to be released Monday. 

Hello Bill Ackman, SVB will not bring down the world.