UK adds e-bikes and security cameras to inflation basket
E-bikes, frozen berries and security cameras have been added to the list of goods and services tracked to calculate inflation in the UK, in changes that reflect the popularity of new technology and rising concern about the environment. In its annual update to the basket of goods and services used to track inflation, the Office […]
US Officials Make Non-Bailout Bailout of Silicon Valley and Signature Bank and Continue Class Warfare
The great unwashed American public is being subjected to yet another round of “Cream for me, crumbs for thee” in the form of a bailout of Silicon Valley Bank, Signature Bank, and the creation of a facility to shore up uninsured deposits at other wobbly institutions. This tender concern for spillover effects in the economy […]
America’s government steps in to protect depositors at Silicon Valley Bank
WHEN ONE bank collapses, the panicked question is often “who’s next?” Other financial institutions can end up exposed because of connections to the collapsed institution, because they employ similar business models or simply because investor sentiment sours. Depositors face losses if their funds are too large to be covered by deposit-insurance schemes. These were precisely […]
How Did We Get Here: The Coming Standardization for Policy Implementation of ESG
The acronym ESG (representing environmental, social, and governance criteria for investment and business metrics) gained mainstream attention in 2020, and has since been political fodder for those wishing to weigh in on wokewashing matters. The backlash over ESG has been strong, evidenced by the fact that anti-ESG regulatory developments have outpaced those that are pro-ESG […]
Investors brace for fallout from Silicon Valley Bank
It takes the tide to go out to discover who has been swimming naked—and on March 10th an especially large skinny-dipper was caught in the buff. Silicon Valley Bank (svb), America’s 16th-biggest lender, was taken into receivership by regulators after a failed attempt to raise capital and a run on its deposits. As officials frantically […]
PRIVATE BLOG – Banking Crisis – II (The 2-Fold Crisis)
Spread the love Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ Categories: Banking Crisis « The Credit Suisse Latest Scandal PRIVATE BLOG – Banking Crisis – Part III (The Bail-in) »
