Home Depot co-founder torches ‘woke’ Silicon Valley Bank collapse, warns recession may be here already

[Nova78]

Home Depot co-founder torches ‘woke’ Silicon Valley Bank collapse, warns recession may be here already

Home Deport co-founder Bernie Marcus analyzed the historic collapse of 'woke' Silicon Valley Bank and the harmful impact it could have on everyday Americans.

www.foxnews.com

Banks are more concerned with 'global warming' than shareholder returns, Bernie Marcus argued​

"It's pathetic that so many people lost money that won't get it back""It's pathetic that so many people lost money that won't get it back"Who knows whether the Justice Department would go after them? They're a woke company, so I guess not. And they'll probably get away with it," he said to host Neil Cavuto.
Below picture is the biggest problem in this Country oatmeal for brains has fucked this country over.

 

[1srelluc]

We haven't even seen the domino effect from the whole thing yet.

Shit's going to get real tomorrow with companies around the world already asking their governments for bail-outs.

Winners and losers will be picked.

 

[Moonglow]

I stubbed my toe, Damn that Joe...Capitalists failing and it's always someone else's fault than the people who ran the bank, derpa.

 

[pknopp]

I stubbed my toe, Damn that Joe...Capitalists failing and it's always someone else's fault than the people who ran the bank, derpa.

There are also supposed to be people overseeing the banks. Seems they were asleep at the wheel.

 

[Resnic]

The recession is already here. It's just slow moving as of right now.

World banks, globalists like the world economic forum, and national financial institutions like the fed are all causing our recession on purpose. But they are doing it like the old addage "drop a frog in boiling water and it will leap out. Put it in cold water and slowly turn up the heat and it will sit there and cook to death".

Why? Because if there is a big of enough of a financial collapse the world banks get to own all of our debt, globalists like the world economic forum get there great reset, and institutions like the fed get to implement their digital currency. All of that is bad for most people but very good for those groups. Especially digital currency, that means direct control over every persons lives and a loss of individual control and intrusive monitoring.

But I don't think our big recession will start where people expect, the stock market. I think it's going to start in the bond market as far as America is concerned.

For a lot of countries it will start in the energy field. All these left leaning politicians keep preaching about the environment and they keep taking away fossil fuels but they aren't replacing them. They give us less, charge us more, but don't do anything. They will squeeze a billion people around the world with that practice alone.

 

[Sixties Fan]

[ The Republicans love affair with deregulation, and its consequences ]

 

[Sixties Fan]

The recession is already here. It's just slow moving as of right now.

World banks, globalists like the world economic forum, and national financial institutions like the fed are all causing our recession on purpose. But they are doing it like the old addage "drop a frog in boiling water and it will leap out. Put it in cold water and slowly turn up the heat and it will sit there and cook to death".

Why? Because if there is a big of enough of a financial collapse the world banks get to own all of our debt, globalists like the world economic forum get there great reset, and institutions like the fed get to implement their digital currency. All of that is bad for most people but very good for those groups. Especially digital currency, that means direct control over every persons lives and a loss of individual control and intrusive monitoring.

But I don't think our big recession will start where people expect, the stock market. I think it's going to start in the bond market as far as America is concerned.

For a lot of countries it will start in the energy field. All these left leaning politicians keep preaching about the environment and they keep taking away fossil fuels but they aren't replacing them. They give us less, charge us more, but don't do anything. They will squeeze a billion people around the world with that practice alone.

The Politicians, NOT the Companies which make up the prices they charge. Odd, how Politicians....especially on the left, are blamed for the greed of CEOs etc.

There is no recession, no matter how much Peter wants to cry Wolf.

 

[occupied]

Back to the neo-con roots? Find someone, anyone, to blame when corporations fall prey to greed and their own lack of foresight.

 

[Nova78]

Fuck the "WOKE", better get your heads out of your ass and start pumping more oil.

 

[LeftofLeft]

There are also supposed to be people overseeing the banks. Seems they were asleep at the wheel.

That only goes so far. That is like saying after a plain crash that the FAA was supposed to overseeing the plane which is true but not core.

The major bank for the technology sector chose to create a culture where its chief risk officer’s mission deviated towards non-relevant social justice and social engineering projects. The person should have been moved into the woke mission projects and had nothing to do with risk management.

Do you think China’s top banks’ chief risk management officers are also tasked with woke projects?

 

[1srelluc]

That only goes so far. That is like saying after a plain crash that the FAA was supposed to overseeing the plane which is true but not core.

The major bank for the technology sector chose to create a culture where its chief risk officer’s mission deviated towards non-relevant social justice and social engineering projects. The person should have been moved into the woke mission projects and had nothing to do with risk management.

Do you think China’s top banks’ chief risk management officers are also tasked with woke projects?

Yep, and all those chi-com students at our universities are all STEM students.

 

[pknopp]

That only goes so far. That is like saying after a plain crash that the FAA was supposed to overseeing the plane which is true but not core.

We saw how they oversaw the Boeing Max mess. With a nudge, nudge, wink wink.

The major bank for the technology sector chose to create a culture where its chief risk officer’s mission deviated towards non-relevant social justice and social engineering projects. The person should have been moved into the woke mission projects and had nothing to do with risk management.

Do you think China’s top banks’ chief risk management officers are also tasked with woke projects?

The reports are there are many banks in this situation. Lets see. If so, it is simply another colossal failure long predicted.

The bank that failed has blamed this on the Fed getting too aggressive with rates. That's not a "woke" position. It was known that rates were going to and had to be raised for a long time.

 

[Nova78]

Elect a Democrat, crash the economy, old raisin head is doing a fine dam job.

 

[pknopp]

Elect a Democrat, crash the economy, old raisin head is doing a fine dam job.

Our last crash was under Bush.

 

[LeftofLeft]

We saw how they oversaw the Boeing Max mess. With a nudge, nudge, wink wink.




The reports are there are many banks in this situation. Lets see. If so, it is simply another colossal failure long predicted.

The bank that failed has blamed this on the Fed getting too aggressive with rates. That's not a "woke" position. It was known that rates were going to and had to be raised for a long time.

I am not ignoring the failed outcome of financial risk management policies….. all the more reason that a chief risk officer should be laser focused on financial risk management and not talking on irrelevant projects and tasks; woke projects and other non-relevant tasks.

The optics aren’t great..

 

[pknopp]

I am not ignoring the failed outcome of financial risk management policies….. all the more reason that a chief risk officer should be laser focused on financial risk management and not talking on irrelevant projects and tasks; woke projects and other non-relevant tasks.

The optics aren’t great..

The failure is being blamed on making bad loans. Just the same as before.

 

[Moonglow]

There are also supposed to be people overseeing the banks. Seems they were asleep at the wheel.

Just like the USDA oversees food production.

 

[LeftofLeft]

The failure is being blamed on making bad loans. Just the same as before.

Again, the optics aren’t great. Getting too aggressive or overly aggressive in financial risk management is bad enough when the focus and role of the leader and the team is to be on financial risk. As their strategies and policies (eg getting too aggressive) are going to be scrutinized as is the case in all bank failures, the impact of non-relevant projects (ie Project Woke) will be scrutinized as well.

Can we agree that Chief Financial Risk Managers and their departments need to be focused on risk management?

 

[pknopp]

Again, the optics aren’t great. Getting too aggressive or overly aggressive in financial risk management is bad enough when the focus and role of the leader and the team is to be on financial risk. As their strategies and policies (eg getting too aggressive) are going to be scrutinized as is the case in all bank failures, the impact of non-relevant projects (ie Project Woke) will be scrutinized as well.

Can we agree that Chief Financial Risk Managers and their departments need to be focused on risk management?

And this should have been addressed in 2008, 2009, 2010, 2011, 2012......................................

But it wasn't.

 

[Nova78]

And this should have been addressed in 2008, 2009, 2010, 2011, 2012......................................

But it wasn't.

And this should have been addressed in 2008, 2009, 2010, 2011, 2012......................................

But it wasn't.

Raisin head is in charge, he is a complete buffoon, the government is a clown show, and more to come.