THE BANK DOMINOES ARE STARTING TO FALL...WICH BANKS IN USA FOLLOW??
( By Michael Snyder of the Economic Collapse ).
It turns out that there were private buyers for Silicon Valley Bank that had emerged, and having a private buyer purchase the bank would have solved a lot of problems.
Unfortunately, it is being reported that the Biden administration rejected those buyers, and if that is true than this is definitely "another Biden scandal"…
Kevin Hassett, former Chairman of the Council of Economic Advisers under Trump, told Fox Business that "there were buyers who were willing to step in & buy [SVB, but] the radicals at the @FDICgov basically weren't going to allow that to happen … the Biden Admin had a whitelist of companies that were allowed to buy the failed bank & companies that weren't."
"If this is true," said Grabien founder Tom Elliott, "then this is another Biden scandal."
