Hints and tips:
...Griffin told the Financial Times that the US government should not have intervened to protect all SVB depositors following the collapse of the Santa Clara-based bank on Friday....
...What does a federal judge know about breaking up the Amazon empire? How do you functionally, as a practical matter, break that up?” says Santa Clara’s Polden....
...Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors....
...One complication has been the FDIC’s decision to put the insured deposits with the Deposit Insurance National Bank of Santa Clara while leaving the uninsured deposits in receivership....
...Here’s more on the latest attempt by a bank to get into the rapidly growing private credit market. 5....
...In many counties across the US, there is no nearby alternative to smaller banks . . . there is no GSIB branch in roughly two-thirds of counties, making up 10% of US GDP . . . for those same counties, the...
...The moves are intended to prevent contagion throughout the US banking sector after the now defunct Santa Clara-based SVB, whose clients were mostly venture capital funds and tech start-ups, suffered mass...
...San Francisco-based First Republic had been hanging by a thread for weeks, ever since the March 10 collapse of Silicon Valley Bank in nearby Santa Clara, California, focused attention on banks that relied...
...Credit Suisse believes that because the tax credits are uncapped, the $370bn worth of subsidies, grants and loans in the IRA could morph into $800bn worth of total federal spending — amounting to $1.7tn...
...for fall of the ‘Evil Empire’ / From Rosario A Iaconis, Adjunct Professor, Social Sciences Department, Suffolk County Community College, Selden, NY, US...
...Google, Facebook, Apple: members of an industry whose home, or at least cradle, is verdant Santa Clara County. If a city is not borderline unlivable, I question its greatness....
...Married to Eloy Mendez, he was a long-time resident of Santa Monica but had recently bought two Florida condominiums....
...“I felt like this little coup was all about the money, so I went and transferred $350,000 from a Chase account to a credit union account where they can’t get their filthy little hands on it,” he said....
...In Cook County, Illinois, nicknamed “Crook County” because it’s so mired in federal corruption, three former salespeople at a Rolex authorised dealer had blown the whistle on what they alleged was a racketeering...
...By comparison, there were only 122 such filings in nearby Santa Clara county, California, home to large Silicon Valley payments companies such as PayPal....
...Now, I also, again, give the Biden administration credit. I think their China policy has been quite adept....
...It is an image of the corporate cavalry coming to the rescue while federal authorities faltered....
...Nvidia SECTOR: SEMICONDUCTORS / HQ: SANTA CLARA, US No other chip company has ridden the pandemic wave as well as Nvidia....
...Decarbonising power: The plan also incorporates Biden’s campaign pledge to set a federal “Clean Energy Standard”, which would achieve carbon-free electricity production by 2035....
...How do you bail out Chicago and not the city of Santa Fe?” Mr Venditti said. “If you start that kind of analysis, all of a sudden you are bailing out everyone.”...
...Advanced Micro Devices Sector: tech manufacturing / HQ: Santa Clara, US The revival of chipmaker AMD is proof that fallen tech stars sometimes have impressive second acts....
...Nvidia Sector: technology / HQ: santa clara, us Key stat: Hours spent playing games on Nvidia’s platforms jumped 50 per cent during lockdowns....
...“It was either down to Draghi deploying negative rates and QE, or Santa Claus. My money is on Draghi.”...
...Clara County is 0.79 per cent What you can buy for...
...Some 400 banks and credit unions have taken that risk, according to the US Treasury’s Financial Crimes and Enforcement Network, which has been monitoring the situation since earlier this decade....
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