Wednesday, March 15, 2023

Interpreting the Nuisances of SVB Bank

Editor's note: There is more than speculation the $1 billion withdrawn from SVB Bank and wired to Israel, was drug money laundered through SVB. Obviously, a lot of people were tipped off in advance giving them time to withdraw money. From what has been reviewed, the SVB bank has connections to New Hampshire and if a certain name is mentioned related to New Hampshire, algorithms immediately censor or delete the information including Google. As it turns out, James O'Keefe who was at Project Veritas is implicated in the events that are happening in New Hampshire. 
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Source: If Americans Knew

Israeli firms transferred $1 billion from Silicon Valley Bank to Israel

March 13, 2023
Israeli firms transfered $1 billion from Silicon Valley Bank to Israel

The Times of Israel reports that Israeli firms were able to transfer $1 billion from Silicon Valley Bank (SVB) to Israeli accounts just before the bank was seized:
"Israel's two largest banks, Bank Leumi and Bank Hapoalim, set up a situation room that has been operating around the clock to help firms transfer their money from SVB — before it was seized — to accounts in Israel. Over the past few days, teams at LeumiTech, the high-tech banking arm of Bank Leumi, have been able to help their Israeli clients transfer about $1 billion to Israel, the bank said.
SVB, the "go-to lender of technology startups in Israel and the US," failed “after depositors hurried to withdraw money last week amid anxiety over its health."

It was the second-biggest bank failure in US history. More information here.

Israel's Ha'aretz newspaper reports that "a good many Israeli companies had been able to get their money out in time, but that it was clearly not the case for everyone" and that "companies whose deposits are now locked will seek to conceal this, concerned that any rumors might drive away customers, suppliers and employees."

The FDIC has announced an emergency bailout program that will pay depositors 100% of the money they had in the bank. It's unclear whether this U.S. money will go to Israeli companies. Israel already receives over $10 million per day from American taxpayers.

The Washington Post reports: "While the fund going to the depositors is paid into by U.S. banks, it is ultimately backstopped by the Treasury Department — and therefore U.S. taxpayers."
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Politicians are the grease that makes criminal syndicate gears run smoothly:


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