US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

The US Federal Reserve printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs. 93% of Silicon Valley Bank’s deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB’s loans went to venture capitalist and private equity firms.

US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

‘Billionaire’ crypto founder bankrupt 4 months after cigar-laced promo vid + U.S. SEC fines Guo Wengui-linked media firms for illegal securities offerings

‘Billionaire’ crypto founder bankrupt 4 months after cigar-laced promo vid

Related [04-2022]:

If you purchased GTV common stock and/or the digital asset security referred to as G-Coins or G-Dollars between April 2020 and June 2020, you may be eligible for a distribution payment from the GTV Media Group Fair Fund

Companies tied to Chinese exile Guo Wengui to pay $539 million to settle SEC action

U.S. SEC fines Guo Wengui-linked media firms for illegal securities offerings