Steve Cortes: The banking crisis will lead to higher inflation.
https://rumble.com/v2cxt7y-svbs-collapse-will-lead-to-dovish-inflationary-actions-by-fed.html
https://rumble.com/v2cxt7y-svbs-collapse-will-lead-to-dovish-inflationary-actions-by-fed.html
Rumble
SVB’s Collapse Will Lead To Dovish Inflationary Actions By FED
SVB’s Collapse Will Lead To Dovish Inflationary Actions By FED, Allowing “Sustained Systemic Inflation”
President Trump live from Iowa.
https://rumble.com/v2c57bm--live-president-donald-j.-trump-delivers-remarks-on-education-in-davenport-.html
https://rumble.com/v2c57bm--live-president-donald-j.-trump-delivers-remarks-on-education-in-davenport-.html
Rumble
🔴 LIVE: President Donald J. Trump Delivers Remarks on Education in Davenport, IA 3/13/23
Monday, March 13, 2023: Join the RSBN broadcast team LIVE from Davenport, IA as President Donald J. Trump delivers remarks on his America First Education Policy. Sponsored in part by: Birch Gold, get
Mark Kelly asked if a plan was in place to censor social media posts to prevent banks runs.
https://www.foxnews.com/politics/sen-mark-kelly-calls-censorship-social-media-companies-prevent-bank-run-report
https://www.foxnews.com/politics/sen-mark-kelly-calls-censorship-social-media-companies-prevent-bank-run-report
Fox News
Arizona Sen. Mark Kelly reportedly calls for censoring social media companies to prevent bank run; he denies
Sen. Mark Kelly, D-AZ, called for social media to be censored during a meeting regarding the bailout of the Silicon Valley Bank, to prevent a bank run.
Facebook parent Meta slashes another 10,000 jobs.
https://apnews.com/article/meta-facebook-job-cuts-f193ca0e67078c04a8433f6c74a83187
https://apnews.com/article/meta-facebook-job-cuts-f193ca0e67078c04a8433f6c74a83187
AP News
A 2nd wave of layoffs at Meta; 10,000 jobs are cut
Facebook parent Meta will slash another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs.
Credit Suisse shares drop 30%.
https://www.cnbc.com/2023/03/15/credit-suisse-shares-slide-after-saudi-backer-rules-out-further-assistance.html
https://www.cnbc.com/2023/03/15/credit-suisse-shares-slide-after-saudi-backer-rules-out-further-assistance.html
CNBC
Credit Suisse shares tank after Saudi backer rules out further assistance
Shares of Credit Suisse hit a fresh all-time low for the second consecutive day as the bank's biggest backer says it can't provide more financial help.
Forwarded from anon_fa_mous
In 2014, Credit Suisse pleaded guilty to conspiracy to aid and assist U.S. taxpayers in filing false income tax returns and other documents with the Internal Revenue Service (IRS) and agreed to pay a total of $2.6billion in fines.
"Credit Suisse conspired to help U.S. citizens hide assets in offshore accounts in order to evade paying taxes."
"As part of the plea agreement, Credit Suisse acknowledged that, for decades prior to and through 2009, it operated an illegal cross-border banking business that knowingly and willfully aided and assisted thousands of U.S. clients in opening and maintaining undeclared accounts and concealing their offshore assets and income from the IRS."
https://web.archive.org/web/20140521071419/http://www.switzerlandnews.net/index.php/sid/222161385/scat/ed0dcae976801452/ht/Credit-Suisse-fined-26bn-in-US-tax-evasion-case
"Credit Suisse conspired to help U.S. citizens hide assets in offshore accounts in order to evade paying taxes."
"As part of the plea agreement, Credit Suisse acknowledged that, for decades prior to and through 2009, it operated an illegal cross-border banking business that knowingly and willfully aided and assisted thousands of U.S. clients in opening and maintaining undeclared accounts and concealing their offshore assets and income from the IRS."
https://web.archive.org/web/20140521071419/http://www.switzerlandnews.net/index.php/sid/222161385/scat/ed0dcae976801452/ht/Credit-Suisse-fined-26bn-in-US-tax-evasion-case
web.archive.org
Credit Suisse fined $2.6bn in US tax evasion case
Banking giant Credit Suisse AG Monday pleaded guilty to conspiracy to aid and assist U.S. taxpayers in filing false income tax returns and other documents with the Internal Revenue Service (IRS) and agreed to pay a total of $2.6billion in fines
The DOP drops 500 points on Credit Suisse concerns.
https://thehill.com/homenews/3901030-dow-falls-500-points-as-credit-suisse-concerns-deepen-fears-of-banking-crisis/
https://thehill.com/homenews/3901030-dow-falls-500-points-as-credit-suisse-concerns-deepen-fears-of-banking-crisis/
The Hill
Dow falls 500 points as Credit Suisse concerns deepen fears of banking crisis
The stock market opened with steep losses Wednesday as concerns about the health of Credit Suisse triggered fears of a broader banking crisis. The Dow Jones Industrial Average opened with a loss 1.…
The DOJ unsealed a 12-count indictment against Chinese businessman Miles Guo for a $1 billion alleged fraud scheme.
https://www.foxbusiness.com/economy/fbi-arrests-exiled-chinese-social-media-mogul-alleged-1b-fraud-scheme-fund-luxurious-nyc-lifestyle
https://www.foxbusiness.com/economy/fbi-arrests-exiled-chinese-social-media-mogul-alleged-1b-fraud-scheme-fund-luxurious-nyc-lifestyle
Fox Business
FBI arrests exiled Chinese social media mogul in alleged $1B fraud scheme used to fund luxurious NYC lifestyle
The FBI arrested exiled Chinese businessman Ho Wan Kwok, also known as "Miles Guo," in an alleged $1 billion fraud scheme used to fund his luxurious lifestyle in the New York City area.
Swiss National Bank says it will provide Credit Suisse with liquidity if necessary
https://www.cnbc.com/2023/03/15/swiss-national-bank-says-it-will-provide-credit-suisse-with-liquidity-if-necessary.html
https://www.cnbc.com/2023/03/15/swiss-national-bank-says-it-will-provide-credit-suisse-with-liquidity-if-necessary.html
CNBC
Swiss National Bank says it will provide Credit Suisse with liquidity if necessary
The SNB said Wednesday that Credit Suisse is currently well capitalized but that the central bank will provide additional liquidity if necessary.