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03-13-2023, 04:51 PM
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Sorry Horza, hopefully there will be another bank you can give your money to have them waste it on fluff feel good woke programs that do jack shit until they go bankrupt
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03-13-2023, 04:55 PM
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I know Elizondo isn't capable of doing so, but I believe you can. | |||
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03-13-2023, 04:58 PM
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Republicans here should be praising Biden's statement: ‘That’s how capitalism works’ | |||||
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03-13-2023, 05:04 PM
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That will sure teach them a lesson Let’s have all banks now just throw away people’s money on stupid high risk slot machine investments because they know Daddy Government will come save them | |||
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03-13-2023, 05:24 PM
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These were the companies that stand to lose. US - Companies ROBLOX (RBLX.N) - The online gaming firm says about 5% of its $3 billion cash and securities balance, or about $150 million, as of Feb. 28 were held with SVB. ROKU (ROKU.O) - The streaming devices maker says it has about $487 million, or 26% of its cash and cash equivalents, held in deposits with SVB. BUZZFEED (BZFD.O) - The digital media firm said it had about $56 million in cash and cash equivalents at the end of 2022, majority of which was held at SVB. ACUITYADS HOLDINGS INC (AT.TO) - The Canada-based tech firm says it maintained U.S. bank accounts with SVB which amount to $55 million in deposits. APPLOVIN CORP (APP.O) - The mobile app development firm says it had over $1 billion in cash and cash equivalents with less than $2 million at SVB as of March 10, adding it has no SVB-related credit facilities. ASTRA SPACE INC (ASTR.O) - The rocket maker says its cash is held on deposit with SVB, with the amount representing about 15% of the company's current cash, cash equivalents and marketable securities, as of March 10. COHU INC (COHU.O) - The semiconductor products maker says it has deposit accounts with SVB with an aggregate balance of about $12.3 million, which is around 3.8% of the company’s total cash and investments. ROCKET LAB USA INC (RKLB.O) - The rocket maker says it had deposit accounts with SVB with an aggregate balance of about $38 million, or roughly 7.9% of the company's total cash and cash equivalents and marketable securities as of Dec. 31. LANTRONIX INC (LTRX.O) - The networking product maker says it had deposits with SVB of about $6.7 million, representing around 85% of its total outstanding deposits, as of March 10. (Lantronix adds exploring contingency options to fund its operations in the event it is unable to recover its deposits at SVB.) ALKAMI TECHNOLOGY INC (ALKT.O) - The digital banking solutions provider says it had deposit accounts with SVB with an aggregate balance of about $3.3 million, along with around $8.3 million in "sweep" accounts used by SVB to purchase external assets. STITCH FIX (SFIX.O) - The online styling service firm says it anticipates that its $40 million credit line with SVB will not be available due to the bank's collapse. The line of credit was part of Stitch Fix's agreement of $100 million to be received by three lenders - SVB, JPMorgan Chase Bank and Citibank. CIRCLE - U.S. cryptocurrency firm Circle says $3.3 billion of its $40 billion of USD Coin reserves are at SVB. – GOOD RIDDENS BLOCKFI- Bankrupt crypto lender BlockFi Inc has roughly $227 million in unprotected funds at SVB, the Wall Street Journal reported on Friday. - GOOD RIDDENS PAYONEER GLOBAL INC (PAYO.O) - The global payments provider says out of its roughly $6.4 billion in total cash balances as of Dec. 31, less than $20 million was held at SVB. LESS THAN 0.4% laughable loss LENDINGCLUB CORP (LC.N) - The financial firm, which had $8 billion of total assets as of Feb. 28, says its relationship with SVB is limited to funds on deposit of $21 million, adding it does not pose a risk to the company's ongoing operations. VIR BIOTECHNOLOGY (VIR.O) - The biotech firm says it maintains operating accounts at SVB with about $220 million as of Friday. – Bio Tech firms get bought out by Big Parma all the time likely saving this business. SUNRUN (RUN.O) - Residential solar company Sunrun Inc (RUN.O) says it has cash deposits with SVB totaling nearly $80 million, while SVB's undrawn commitment in the non-recourse senior aggregation warehouse facility is about $40 million. – Oof this could hurt SUNNOVA ENERGY INTERNATIONAL INC (NOVA.N) - Sunnova's subsidiary is part of a credit facility where SVB serves as a lender, with unfunded commitments of $15 million under a Back-Leverage Facility. OAK STREET HEALTH INC (OSH.N) - The healthcare firm says SVB is lender for $300 million term loan credit facility along with Hercules Capital Inc, of which company has drawn $75 million. GINKGO BIOWORKS HOLDINGS INC (DNA.N) - The drug developer says cash balance of its subsidiary Zymergen Inc is held in deposit accounts at SVB, representing about $74 million of the company's cash and cash equivalents as of Dec. 31. ALPHATEC HOLDINGS INC (ATEC.O) - The medical technology firm says it maintained deposit accounts with SVB of about $14 million that are used for its day-to-day operations. CYMABAY THERAPEUTICS INC (CBAY.O) - The liver disease specialist says SVB was the commercial bank and investment portfolio manager of the company, and it had depository accounts at SVB in which it held about $6.3 million, as of March 13. EUROPE - Around 16 tech and life sciences companies in Europe have disclosed about $190 million in exposure to SVB in the UK and the United States. TRUSTPILOT GROUP PLC (TRST.L), DIACEUTICS (DXRX.L), DIANOMI (DNM.L), GLANTUS HOLDINGS (GLAN.L), ZEALAND PHARMA (ZELA.CO), PHARMING GROUP NV (PHAR.AS), KINNEVIK AB (KINVb.ST), RWS HOLDINGS PLC (RWS.L), AUCTION TECHNOLOGY GROUP (ATG.L), PCI-PAL (PCIPP.L), YOURGENE HEALTH PLC (YGEN.L), WINDWARD LTD (WNWD.L), TECHNOPROBE SPA (TPRO.MI), ALECTA ASIA-PACIFIC – companies have 31 Million in exposure NITRO SOFTWARE (NTO.AX), SEZZLE INC, XERO LTD (XRO.AX), LIFE360 INC, KUWAIT FINANCE HOUSE (KFH.KW) | |||
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03-13-2023, 05:31 PM
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Depositors are investors.
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