And We Know - Cabal Slave Bank System Collapsing? Timing Is Everything! Boom! Pray!!

Silicon Valley Bank, a commercial bank that prefers to cater to Big Tech companies and Silicon Valley startups, is on the verge of collapse. Its stocks have plunged amid a cash burn, and investors are now advising tech firms to pull all of their money out before it’s too late. (UPDATE: The bank has now collapsed and has been taken over by California regulators. A reported 95% of deposits were not insured by FDIC.)

The bank’s stocks plunged by 60 percent on Thursday, March 9, after announcing that it was issuing an additional $2.25 billion of shares to bolster its capital position following a significant loss on its investment portfolio.

The share sale will come in three parts. The first, amounting to $1.25 billion, will be in the form of common stock and will be offered to investors. The second, amounting to $500 million, will be in the form of convertible preferred shares. The last, another $500 million, will go directly to private equity firm General Atlantic.

Silicon Valley Bank noted that it needs this $2.25 billion in additional funding to shore up its balance sheet, as it needs to plug a $1.8 billion hole caused by the sale of a $21 billion loss-making bond portfolio, consisting mostly of United States Treasury Securities. The bank’s portfolio was yielding an annual average 1.79 percent return, far below the current 10-year Treasuries yield of around 3.9 percent

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