Silicon Valley Bailout

Silicon Valley Bailout

Send us a textA number of things went wrong at Silicon Valley Bank over the last days, weeks and years, there were huge failures of risk management. The risk manager would have some tough questions to answer, except that it appears that they didn’t have a risk manager on staff for almost nine months of the last year. There were issues tied to the different regulations applied to community banks when compared to national banks in the United States. There were investment decisions that we...

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Where is Venezuela’s oil money?

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The World's Best Stock Market Is Also Crashing!

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28 Kesä 37min

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Last week, shortly after Anthropic launched its most powerful AI models, the U.S. government imposed export controls restricting foreign nationals from accessing them - and rather than try to verify t...

21 Kesä 28min

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14 Kesä 39min

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A three-bedroom "dunger" in New Zealand with peeling paint and boarded-up windows sold for 1.81 million dollars at the peak of the boom. A few years later, prices had fallen by as much as a third in r...

7 Kesä 27min

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