DSR 3/12/2023: Disruption Comes Home
DSR 3/12/2023: Disruption Comes HomeUpdate: 2023-03-12
Description
-Silicon Valley Bank, the 16th largest bank in the country and a major funder of tech start-ups, went bankrupt this week at light speed, in the largest bank collapse since 2008.
-File Follies: SVB’s last annual report has some interesting tidbits, including disclosures about large loans to individual clients, investments in companies that have never turned a profit, and “activities that are new to us or, in some cases, are experimental in nature.”
-Dems join GOP in sounding reactionary dog whistles bashing DC crime bill, as three-quarters of city residents report feeling generally safe
-The Pentagon, Rishi Sunak, Lindsey Graham, Markwayne (awful name) Mullen, JPMorgan and Elon Musk waterboy Matt Taibbi get nominated to the Garbage Can
Music by Adam Fligsten www.adamfligsten.com
To listen to future episodes, subscribe at Patreon.com/DistrictSentinel
-File Follies: SVB’s last annual report has some interesting tidbits, including disclosures about large loans to individual clients, investments in companies that have never turned a profit, and “activities that are new to us or, in some cases, are experimental in nature.”
-Dems join GOP in sounding reactionary dog whistles bashing DC crime bill, as three-quarters of city residents report feeling generally safe
-The Pentagon, Rishi Sunak, Lindsey Graham, Markwayne (awful name) Mullen, JPMorgan and Elon Musk waterboy Matt Taibbi get nominated to the Garbage Can
Music by Adam Fligsten www.adamfligsten.com
To listen to future episodes, subscribe at Patreon.com/DistrictSentinel
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