And most of the deposits in SVB were over $250k; Come On! Like these people didn't know what they were doing all along? I was trying to close a $300 million dollar deal just days before the crash of 2008. Lehman Bros. was our lead bank. We were so highly leveraged, paying 14% interest rates on commercial debt. Well, we all know what happ…
And most of the deposits in SVB were over $250k; Come On! Like these people didn't know what they were doing all along? I was trying to close a $300 million dollar deal just days before the crash of 2008. Lehman Bros. was our lead bank. We were so highly leveraged, paying 14% interest rates on commercial debt. Well, we all know what happened. Funny thing; the bank that ended up smelling like a rose and taking over the company was Cerberus. Who names an investment bank after the three-headed dog that guards the gates of Hell? Oh, and Cerberus kept the most profitable subs - the gun parts and military components manufacturers. Cerberus went on to invest heavily in Colt and other gun companies. The markup on gun parts is like 400% by the finished product.
America is sacrificing its children in public spaces like schools, so that gun manufacturers and NRA executives can make millions. But kids need protection from drag queen story hour, really?
And most of the deposits in SVB were over $250k; Come On! Like these people didn't know what they were doing all along? I was trying to close a $300 million dollar deal just days before the crash of 2008. Lehman Bros. was our lead bank. We were so highly leveraged, paying 14% interest rates on commercial debt. Well, we all know what happened. Funny thing; the bank that ended up smelling like a rose and taking over the company was Cerberus. Who names an investment bank after the three-headed dog that guards the gates of Hell? Oh, and Cerberus kept the most profitable subs - the gun parts and military components manufacturers. Cerberus went on to invest heavily in Colt and other gun companies. The markup on gun parts is like 400% by the finished product.
Ah the makers of children killing weapons continue to rule! And so many claim this is the best country in the world!! Best for what? For Whom??
America is sacrificing its children in public spaces like schools, so that gun manufacturers and NRA executives can make millions. But kids need protection from drag queen story hour, really?