JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER. 1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
DOW WAS DOWN -240 JUST AFTER OPEN ON 03/13,23 (FATHER-SON (JESUS) AND THE HOLY SPIRIT.THE TRINITY GOD IS IN CONTROL OF THE STOCK MARKET. NOT THE LIBERALS.
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
1 KINGS 10:13-14
13 And king Solomon gave unto the queen of Sheba all her desire, whatsoever she asked, beside that which Solomon gave her of his royal bounty. So she turned and went to her own country, she and her servants.
14 Now the weight of gold that came to Solomon in one year was six hundred threescore and six talents of gold,
GENESIS 49:16-17
16 Dan shall judge his people, as one of the tribes of Israel.
17 Dan shall be a serpent by the way, an adder in the path, that biteth the horse heels, so that his rider shall fall backward.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
US CENTRAL BANK DIGITAL CURRENCY
https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
UPDATE MAR 13,23-THE DOW STOCK MARKET WAS AT -240 IN THE FIRST 10 MINUTES. BUT CURRENTLY AT 9.40AM ITS ONLY DOWN -130. I WILL UPDATE THIS OFF AND ON ALL DAY.
UPDATE MAR 13,23-10:22AM-THE DOW WAS UP AS HIGH AS 120 POINTS THAT I SEEN. AND IS NOW -39 LAST I SEEM.
UPDATE MAR 13,23-1.08PM-THE DOW IS CURRENTLY DOWN -19 THEN +20 IN THE LAST MINUTE.
UPDATE MAR 13,23-3.00PM-THE DOW IS UP 132 POINTS. NO CRASH TODAY SO FAR.
UPDATE MAR 13,23-4.10PM-THE DOW WAS DOWN -90 POINTS, THE S@P WAS UP -5.5 POINTS AND NAS UP +49.86.
S&P 500 rises in volatile session following U.S. rescue of SVB deposits: Alex Harring-Tanaya Macheel-MAR 13,23
The S&P 500-inched up Monday as traders assessed a plan to backstop all the depositors in failed Silicon Valley Bank and make additional funding available for other banks. Some bet the financial shock could cause the Federal Reserve to pause interest rate hikes.The broad index gained 0.8% after falling as much as 1.4% at one point. The Nasdaq Composite-advanced 1.5%. The Dow Jones Industrial Average-added 1850 points, or 0.6%, after dropping as much as 284 points earlier in the session.-The Cboe Volatility index (VIX), Wall Street’s preferred fear gauge, reached a level not seen since late 2022 and neared territory considered highly risky. It was last up about 2 points at 26.56.“There are a lot of moving parts, so that’s why you see volatility,” said Keith Buchanan, senior portfolio manager at Globalt Investments. “There are a lot of different scenarios in which this can develop, but it all boils down to: How widespread is this risk of contagion?”Bank stocks remained under pressure following last week’s slide, with JPMorgan Chase
and Citigroup falling. Regional banks fell even more, led by a nearly 50% drop in First Republic-But investors bought up other areas of the market outside of banks, such as some technology stocks like Apple-and defensive names including Johnson & Johnson and Eli Lilly-A joint statement from the Fed, Treasury Department and the Federal Deposit Insurance Corporation said all Silicon Valley Bank depositors would have access to their money starting Monday. The Fed also said it is creating a new Bank Term Funding Program aimed at safeguarding deposits. The facility will offer loans of up to one year to banks, saving associations, credit unions and other institutions.Traders are pricing in about 2-to-1 odds that the Fed raises its benchmark borrowing rate by 0.25 percentage point at the March 21-22 meeting. But the market also is anticipating that by the end of the year, the central bank will lop off 0.75 percentage point in cuts, taking the rate down to a target range of 4%-4.25%. Current pricing indicates a terminal rate of 4.75% by May.
Goldman Sachs has gone even further, saying it no longer expects the Federal Reserve to hike rates at its meeting next week.“This news really is really a deflationary shock that the Fed has to consider,” said Gina Bolvin, president of Bolvin Wealth Management Group. “It’s definitely a game changer.”
Meanwhile, treasury yields tumbled Monday, helping to lend some support to equities.February’s consumer price index, the next data point to be released that can provide insight into the path of inflation, is slated to come out before the market opens Tuesday.
Plunge Protection Team (PPT): Definition and How It Works-By Troy Segal-Updated November 24, 2020-Reviewed by Somer Anderson-Somer G. Anderson
What Is the Plunge Protection Team?
The "Plunge Protection Team" (PPT) is a colloquial name given to the Working Group on Financial Markets. Created in 1988 to provide financial and economic recommendations to the U.S. President during turbulent market times, this group is headed by the Secretary of the Treasury; other members include the Chair of the Board of Governors of the Federal Reserve, the Chair of the Securities and Exchange Commission and the Chair of the Commodity Futures Trading Commission (or the aides or officials they designate to represent them).
The name "Plunge Protection Team" was coined by The Washington Post and first applied to the group in 1997.Key Takeaways- The "Plunge Protection Team" (PPT) is a colloquial name given to the Working Group on Financial Markets by The Wall Street Journal.
The Plunge Protection Team's official mission is to advise the U.S. president during times of economic and stock market turbulence.
Critics fear the Plunge Protection Team doesn't just advise, but actively intervenes to prop up stock prices—colluding with banks to rig the market, in effect.The Plunge Protection Team, composed of high-ranking government financial officials, reports directly and privately to the president of the United States.
How the Plunge Protection Team (PPT) Works
In March 1988, in the wake of the stock market crash of 1987, then-President Ronald Reagan created by executive order the President’s Working Group on Financial Markets. The concept was to create an informed, but informal, advisory group on the markets for the president and regulators. Charged with "enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence."Its original purpose was to report specifically on the Black Monday events of October 19, 1987—during that event, the Dow Jones Industrial Average fell 22.6%—and, what actions, if any, should be taken. However, the group has continued to meet and report to various presidents over the years, usually (but not always) during turbulent times in the financial markets.In 1999, it issued a recommendation to Congress, requesting changes in the derivatives markets regulations. It convened during the global credit crisis of 2008. The Plunge Protection Team's latest gathering (as of March 2019) was on Christmas Eve, 2018. Treasury Secretary Steven Mnuchin chaired a conference call with other members of the group, in addition to representatives from the Comptroller of the Currency and the Federal Deposit Insurance Corporation.Concerns About the Plunge Protection Team (PPT)-Though not exactly a secret, the Plunge Protection Team isn't widely covered and doesn't release the minutes of its meetings or its recommendations, reporting only to the president. This behavior leads some observers to wonder if the government's most important financial officials are doing more than analyzing and advising—in fact, that are actively intervening in the markets.Conspiracy theorists have speculated that the group executes trades on several exchanges when prices are heading downward, collaborating with big banks such as Goldman Sachs and Morgan Stanley in unrecorded transactions. They often point to a 1989 speech published in The Wall Street Journal by former Federal Reserve Board of Governors member Robert Heller, which suggested the Fed could directly support the stock market by purchasing index futures contracts.
How the Plunge Protection Team (PPT) Might Work
On Monday, February 5, 2018, the Dow Jones Industrial Average (DJIA) experienced a drop that was twice as large as its biggest point decline in history. However, arbitrary and aggressive buying cut the decline in half in one day. On Tuesday and Wednesday of that week, stocks opened lower, and each time aggressive buying buoyed the markets. That aggressive buying, some say, was being orchestrated by the Plunge Protection Team.Or, to take a more recent example: The Plunge Protection Team's aforementioned teleconference on Dec. 24, 2018. That whole month, the S&P 500 had been heading towards a record decline—the motive for the team's meeting—and the DJIA dropped 650 on the 24th alone. But when trading resumed after Christmas, the DJIA rallied over 1,000 points. On the 27th, it lost half those gains, until a late-day reversal stopped the slide, and caused the market to close 600 points up. That's no coincidence, conspiracy theorists argue.If true, this sort of manipulation is not unlike the actions of consortia of private bankers and financiers in the late 19th and early 20th century who, during financial panics, would step in to shore up the stock market with massive purchases. The difference, of course, is that the Working Group on Financial Markets is composed of U.S. government officials, and the U.S. is supposed to operate on a free-market system. And also an open one, not one influenced by mysterious forces.
March 12, 2023-Federal Reserve Board announces it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors-For release at 6:15 p.m. EDT
To support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy.The Federal Reserve is prepared to address any liquidity pressures that may arise.The financing will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. These assets will be valued at par. The BTFP will be an additional source of liquidity against high-quality securities, eliminating an institution’s need to quickly sell those securities in times of stress.With approval of the Treasury Secretary, the Department of the Treasury will make available up to $25 billion from the Exchange Stabilization Fund as a backstop for the BTFP. The Federal Reserve does not anticipate that it will be necessary to draw on these backstop funds.After receiving a recommendation from the boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, Treasury Secretary Yellen, after consultation with the President, approved actions to enable the FDIC to complete its resolution of Silicon Valley Bank in a manner that fully protects all depositors, both insured and uninsured. These actions will reduce stress across the financial system, support financial stability and minimize any impact on businesses, households, taxpayers, and the broader economy.The Board is carefully monitoring developments in financial markets. The capital and liquidity positions of the U.S. banking system are strong and the U.S. financial system is resilient.Depository institutions may obtain liquidity against a wide range of collateral through the discount window, which remains open and available. In addition, the discount window will apply the same margins used for the securities eligible for the BTFP, further increasing lendable value at the window.The Board is closely monitoring conditions across the financial system and is prepared to use its full range of tools to support households and businesses, and will take additional steps as appropriate.For media inquiries, please email media@frb.gov or call 202-452-2955.
Silicon Valley Venture Capitalists Scream for a Bail Out in Reaction to Bank Collapse-Alana Mastrangelo12 Mar 2023
Silicon Valley venture capitalists are screaming for a bail out in response to the recent sudden collapse of Silicon Valley Bank — the second-largest bank failure in history, behind the collapse of Washington Mutual at the height of the 2008 financial crisis.“YOU SHOULD BE ABSOLUTELY TERRIFIED RIGHT NOW — THAT IS THE PROPER REACTION TO A BANK RUN & CONTAGION @POTUS & @SecYellen MUST GET ON TV TOMORROW AND GUARANTEE ALL DEPOSITS UP TO $10M OR THIS WILL SPIRAL INTO CHAOS,” entrepreneur Jason Calacanis exclaimed. YOU SHOULD BE ABSOLUTELY TERRIFIED RIGHT NOW — THAT IS THE PROPER REACTION TO A BANK RUN & CONTAGION @POTUS & @SecYellen MUST GET ON TV TOMORROW AND GUARANTEE ALL DEPOSITS UP TO $10M OR THIS WILL SPIRAL INTO CHAOS — @jason (@Jason) March 12, 2023-Entrepreneur Joe Lonsdale insisted that he is “opposed to bail outs,” but nonetheless flirted with the idea of one for the Silicon Valley Bank, tweeting, “Am curious if the innovation world is the only part of our economy that doesn’t deserve a depositor bailout?”“And can’t help but ask how many equivalent aid packages to Ukraine (0.5 of them?) it takes to resolve the crisis impacting thousands of promising US technology companies,” he added. Am curious if the innovation world is the only part of our economy that doesn’t deserve a depositor bailout? And can’t help but ask how many equivalent aid packages to Ukraine (0.5 of them?) it takes to resolve the crisis impacting thousands of promising US technology companies. — Joe Lonsdale (@JTLonsdale) March 11, 2023-In a follow-up tweet, Lonsdale added, “To clarify — I’m opposed to bail outs, and it’s crazy that well-connected-to-DC debt-holders and even equity of banks got bailed out in 2008 (although I understood actions to protect depositors in that crisis).” To clarify – I’m opposed to bail outs, and it’s crazy that well-connected-to-DC debt-holders and even equity of banks got bailed out in 2008 (although I understood actions to protect depositors in that crisis). SVB equity and the ~18B debt holders will likely lose all or most as… https://t.co/KLT4oRwNjT — Joe Lonsdale (@JTLonsdale) March 11, 2023-Andreessen Horowitz CEO Ben Horowitz retweeted a student who responded to a tweet that read, “Venture capitalists should not be bailed out by taxpayers,” and, “This is the dumbest most insensitive shit I read all day.”“There are small companies that can’t make payroll. The domino effect to employees is crushing,” venture capitalist Sara Ledterman argued in response to the tweet that read. There are small companies that can’t make payroll. The domino effect to employees is crushing. — Sara Ledterman (@saraledterman) March 11, 2023-Meanwhile, Nanxi Liu, the CEO and cofounder of the digital signage software company Enplug, went as far as to say that a Silicon Valley Bank bailout “would cost the taxpayers nothing,” and would even “make taxpayers money.”“SVB bailout is COMPLETELY different than bailouts of 2008. Fed stepping in to help depositors would cost the taxpayers nothing, in fact, it would make taxpayers money,” Liu said. SVB bailout is COMPLETELY different than bailouts of 2008. Fed stepping in to help depositors would cost the taxpayers nothing, in fact, it would make taxpayers money.— Nanxi Liu (@nanxi_liu) March 11, 2023-“Gotta disagree with you on this one,” Every Inc. cofounder and president Nathan Baschez reacted in response to the anti-bailout tweet.“Dunking on VCs is fine but totally misguided,” AirTree partner John Henderson tweeted. “The people who suffer the most here will be the employees of startups who may or may not be able to make payroll.”Dunking on VCs is fine but totally misguided. The people who suffer the most here will be the employees of startups who may or may not be able to make payroll. https://t.co/nkuKbsGh4K — John Henderson (@johnhenderson) March 11, 2023-“As an industry we don’t focus enough on how we’re perceived outside the industry,” entrepreneur Erik Torenberg commented. “Seeing people misunderstand and blame tech in our moment of need is a wake-up call for us to focus on nailing our external messaging.”Less apologizing, more persuading,” he added. As an industry we don't focus enough on how we're perceived outside the industry Seeing people misunderstand and blame tech in our moment of need is a wake-up call for us to focus on nailing our external messaging- Less apologizing, more persuading https://t.co/kT82m1xHD— Erik Torenberg (@eriktorenberg) March 11, 2023-“‘good! let em burn!’ the problem is that if SVB’s depositors get wiped out, all the regional banks are next, because there’s ~no downside in moving cash to a GSIB, and massive downside in staying,” Stedi founder and CEO Zack Kanter wrote.“so, SVB can’t be sold, can’t be bailed out, and can’t be left to fail. a pickle,” Kanter added. meanwhile, people who can only think in terms of bumper stickers are going to have a very hard time processing the situation https://t.co/UDQyrbydp9 — Zack Kanter (@zackkanter) March 11, 2023-“One of the stupidest takes I’ve ever seen,” Litquidity Capital founder wrote, claiming, “Bailing out SVB would be to help thousands of startups survive and keep hundreds of thousands of people employed.” One of the stupidest takes I’ve seen Bailing out SVB would be to help thousands of startups survive and keep hundreds of thousands of people employed https://t.co/JrZnKPiQvd — litquidity (@litcapital) March 11, 2023-You can follow Alana Mastrangelo on Facebook and Twitter at @ARmastrangelo, and on Instagram.TechSilicon Valley Bankventure capital.
Silicon Valley Venture Capitalists Scream for a Bail Out in Reaction to Bank Collapse-Alana Mastrangelo12 Mar 2023
Silicon Valley venture capitalists are screaming for a bail out in response to the recent sudden collapse of Silicon Valley Bank — the second-largest bank failure in history, behind the collapse of Washington Mutual at the height of the 2008 financial crisis.“YOU SHOULD BE ABSOLUTELY TERRIFIED RIGHT NOW — THAT IS THE PROPER REACTION TO A BANK RUN & CONTAGION @POTUS & @SecYellen MUST GET ON TV TOMORROW AND GUARANTEE ALL DEPOSITS UP TO $10M OR THIS WILL SPIRAL INTO CHAOS,” entrepreneur Jason Calacanis exclaimed. YOU SHOULD BE ABSOLUTELY TERRIFIED RIGHT NOW — THAT IS THE PROPER REACTION TO A BANK RUN & CONTAGION @POTUS & @SecYellen MUST GET ON TV TOMORROW AND GUARANTEE ALL DEPOSITS UP TO $10M OR THIS WILL SPIRAL INTO CHAOS — @jason (@Jason) March 12, 2023-Entrepreneur Joe Lonsdale insisted that he is “opposed to bail outs,” but nonetheless flirted with the idea of one for the Silicon Valley Bank, tweeting, “Am curious if the innovation world is the only part of our economy that doesn’t deserve a depositor bailout?”“And can’t help but ask how many equivalent aid packages to Ukraine (0.5 of them?) it takes to resolve the crisis impacting thousands of promising US technology companies,” he added. Am curious if the innovation world is the only part of our economy that doesn’t deserve a depositor bailout? And can’t help but ask how many equivalent aid packages to Ukraine (0.5 of them?) it takes to resolve the crisis impacting thousands of promising US technology companies. — Joe Lonsdale (@JTLonsdale) March 11, 2023-In a follow-up tweet, Lonsdale added, “To clarify — I’m opposed to bail outs, and it’s crazy that well-connected-to-DC debt-holders and even equity of banks got bailed out in 2008 (although I understood actions to protect depositors in that crisis).” To clarify – I’m opposed to bail outs, and it’s crazy that well-connected-to-DC debt-holders and even equity of banks got bailed out in 2008 (although I understood actions to protect depositors in that crisis). SVB equity and the ~18B debt holders will likely lose all or most as… https://t.co/KLT4oRwNjT — Joe Lonsdale (@JTLonsdale) March 11, 2023-Andreessen Horowitz CEO Ben Horowitz retweeted a student who responded to a tweet that read, “Venture capitalists should not be bailed out by taxpayers,” and, “This is the dumbest most insensitive shit I read all day.”“There are small companies that can’t make payroll. The domino effect to employees is crushing,” venture capitalist Sara Ledterman argued in response to the tweet that read. There are small companies that can’t make payroll. The domino effect to employees is crushing. — Sara Ledterman (@saraledterman) March 11, 2023-Meanwhile, Nanxi Liu, the CEO and cofounder of the digital signage software company Enplug, went as far as to say that a Silicon Valley Bank bailout “would cost the taxpayers nothing,” and would even “make taxpayers money.”“SVB bailout is COMPLETELY different than bailouts of 2008. Fed stepping in to help depositors would cost the taxpayers nothing, in fact, it would make taxpayers money,” Liu said. SVB bailout is COMPLETELY different than bailouts of 2008. Fed stepping in to help depositors would cost the taxpayers nothing, in fact, it would make taxpayers money.— Nanxi Liu (@nanxi_liu) March 11, 2023-“Gotta disagree with you on this one,” Every Inc. cofounder and president Nathan Baschez reacted in response to the anti-bailout tweet.“Dunking on VCs is fine but totally misguided,” AirTree partner John Henderson tweeted. “The people who suffer the most here will be the employees of startups who may or may not be able to make payroll.”Dunking on VCs is fine but totally misguided. The people who suffer the most here will be the employees of startups who may or may not be able to make payroll. https://t.co/nkuKbsGh4K — John Henderson (@johnhenderson) March 11, 2023-“As an industry we don’t focus enough on how we’re perceived outside the industry,” entrepreneur Erik Torenberg commented. “Seeing people misunderstand and blame tech in our moment of need is a wake-up call for us to focus on nailing our external messaging.”Less apologizing, more persuading,” he added. As an industry we don't focus enough on how we're perceived outside the industry Seeing people misunderstand and blame tech in our moment of need is a wake-up call for us to focus on nailing our external messaging- Less apologizing, more persuading https://t.co/kT82m1xHD— Erik Torenberg (@eriktorenberg) March 11, 2023-“‘good! let em burn!’ the problem is that if SVB’s depositors get wiped out, all the regional banks are next, because there’s ~no downside in moving cash to a GSIB, and massive downside in staying,” Stedi founder and CEO Zack Kanter wrote.“so, SVB can’t be sold, can’t be bailed out, and can’t be left to fail. a pickle,” Kanter added. meanwhile, people who can only think in terms of bumper stickers are going to have a very hard time processing the situation https://t.co/UDQyrbydp9 — Zack Kanter (@zackkanter) March 11, 2023-“One of the stupidest takes I’ve ever seen,” Litquidity Capital founder wrote, claiming, “Bailing out SVB would be to help thousands of startups survive and keep hundreds of thousands of people employed.” One of the stupidest takes I’ve seen Bailing out SVB would be to help thousands of startups survive and keep hundreds of thousands of people employed https://t.co/JrZnKPiQvd — litquidity (@litcapital) March 11, 2023-You can follow Alana Mastrangelo on Facebook and Twitter at @ARmastrangelo, and on Instagram.TechSilicon Valley Bankventure capital.
