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Full Version: Elon Musk May Buy Failed Silicon Valley Bank
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They're not selling the whole bank in one piece

They're dismantling it in parts to sell away

The bank is perfectly solvent, just so to let you know
In very depressed situations, those with deep pockets may stand to win as long as due diligence is done and a heavily discounted position. Warren Buffett is the default lender of last resort for USA banking system. Elon hopefully is wise not to pay too high a price...
USA going downhill. This time round, China waiting to bite..

No more help like 2009
Bank still money papa.unless suay suay all tech loan default lah..
Will this set the trend and spread? I got monies with ICBC BOC RHB Maybank SCB CIMB etc so many will they one by one be next?
He will buy a slice of it and create Elon Musk Bank
(12-03-2023, 10:27 AM)theold Wrote: [ -> ]https://www.thestreet.com/technology/elo...alley-bank

Reset is good so that new people can buy cheap.