Two large regional banks failed within a period of only two days, Silicon Valley Bank (SVB) on March 10, and Signature Bank on March 12. Both banks had a combined aggregate asset size of $319 billion as of Dec. 31,…
What do Willie Sutton and Democrats have in common? One can rob a bank by wearing the Hamburglar’s mask, handing over Virgil Starkwell’s note, and waving around Evelle Snoats’s firearm. Alternatively, one can simply join the bank’s board and direct…
RVIVR publisher Scott McKay and American Spectator publisher Melissa Mackenzie discuss the causes of the banking crisis, delve into the woke and broke cycle, examine young leftists’ mental illnesses, and then discuss cures. Father Leo Patalinghug joins The Spectacle to…
The board of SVB, the parent company of Silicon Valley Bank, included as many people who grieved over Donald Trump’s 2016 victory at a Shinto shrine as investment bankers. It included as many former Obama administration officials as investment bankers….
Four payments of $25,000. That’s the amount California Gov. Gavin Newsom requested the now-defunct Silicon Valley Bank give his wife’s woke “gender equity” foundation, the California Partners Project, in 2021. The foundation doubles as a PR platform for Jennifer Siebel…
President Joe Biden’s budget plan for fiscal year 2024 was unveiled last week. Despite what you hear from the usual suspects in the media, his plan won’t reduce the nation’s debt or the deficit despite the enormous increases in taxes…
Six months ago, SVB, the parent company of Silicon Valley Bank, announced an audit so important to its business that it sent out a press release to promote it and hired Paul, Weiss, Rifkind, Wharton & Garrison to conduct it….
The most egregious act that brought the world’s attention to the Canadian truckers’ Freedom Convoy was when Justin Trudeau ordered banks to freeze the accounts not only of peaceful protesters but also of their financial supporters and even some people…
Inflation reached 7.9 percent last month. Gas prices have passed the recession threshold of $130 per barrel. So, what is President Biden’s newest plan to fix the mess that the Federal Reserve’s “New Normal” of printing $120 billion in quantitative…