This trucker discovered an amazing coincidence regarding the SVB failure
- Thread starter Jaloc
- Start date
HERE IS THE ARTICLE THAT EXPLAINS IT:
unusualwhales DOT com/news/the-ceo-of-silicon-valley-bank-was-on-the-board-of-directors-of-the-federal-reserve-bank-of-san-francisco
"On Friday, SVB Financial Group Chief Executive Officer Greg Becker was no longer a director of the Federal Reserve Bank of San Francisco, according to a Fed spokesman."
"Notably, a previous executive worked at Lehmans: Joseph Gentile.
He was the Chief Administrative Officer at Silicon Valley Bank.
Prior to joining the firm in 2008, he served as the CFO for Lehman Brothers’ Global Investment Bank.
Lehman Brothers' collapsed in 2007."
"Previously, Mr. Gentile spent more than 10 years with J.P. Morgan in various financial management positions, including Global Head of Financial Risk Management. "
unusualwhales DOT com/news/the-ceo-of-silicon-valley-bank-was-on-the-board-of-directors-of-the-federal-reserve-bank-of-san-francisco
"On Friday, SVB Financial Group Chief Executive Officer Greg Becker was no longer a director of the Federal Reserve Bank of San Francisco, according to a Fed spokesman."
"Notably, a previous executive worked at Lehmans: Joseph Gentile.
He was the Chief Administrative Officer at Silicon Valley Bank.
Prior to joining the firm in 2008, he served as the CFO for Lehman Brothers’ Global Investment Bank.
Lehman Brothers' collapsed in 2007."
"Previously, Mr. Gentile spent more than 10 years with J.P. Morgan in various financial management positions, including Global Head of Financial Risk Management. "