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TRANSLATION: All the "Woke" Democratic Party\Global Political Left investors yanked their big cash out They were the only investors of major important in the bank! And now the taxpayer is bailing out the bad decision making at the Bank! ================================ The run on Silicon Valley Bank (SVB) was not your average bank run; it was so fast, it shocked even the most seasoned regulators as depositors siphoned $42 billon from the bank in just hours, leaving the firm with a negative cash balance of $958 million on March 9. "This is a very large group of connected depositors, concentrated group of connected depositors, in a very, very fast run, faster than historical record would suggest" said Federal Reserve Chairman Jerome Powell in his press conference after policymakers raised interest rates by 25 basis points last week. https://www.foxbusiness.com/markets/silicon-valley-banks-rapid-withdrawals-management-missteps-created-perfect-storm

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