Democratic lawmakers urge US to probe Goldman's role in SVB collapse

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A group of Democratic U.S. lawmakers sent a letter to regulators and the Justice Department requesting a probe into the role of Goldman Sachs Group Inc in the collapse of the Silicon Valley Bank (SVB) , the office of U.S. Representative Adam Schiff said on Friday.

The letter was sent to U.S. Attorney General Merrick Garland, Securities and Exchange Commission Chairman Gary Gensler, and Federal Deposit Insurance Corporation Chair Martin Gruenberg from Schiff and 19 other members of the California congressional delegation.

Californian regulators shuttered Silicon Valley Bank last Friday and appointed FDIC as receiver. It was the largest collapse since Washington Mutual went bust during the financial crisis of 2008. On Friday, the bank's parent SVB Financial Group said it filed for reorganization under Chapter 11 bankruptcy protection.Goldman Sachs did not immediately respond to a request for comment on the letter by lawmakers.

 

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Meeting with Greg Becker DavidSolomon GoldmanSachs 2nd March 2023 $GS published a price target 294.75 for $svb. Congress should request dark pool activities. Losses peterthiel and goldmann now publishing are paniccattempts to cover up organized crime activities. RiCO!

Which of the guys belongs to an organized crime syndicate and caused the highest financial damage?

Got Bitcoin?

Wow...with Newsom family having accounts there, this is a surprising headline. Things that make you go hmmm?

Well, the Senator's letter went to Garland so Goldman Suchs has nothing to worry about.

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SVB collapse: SVB Financial Group files for Chapter 11 bankruptcySVB Financial Group announced it was filing for Chapter 11 bankruptcy to reorganize under court supervision. SVB Securities and SVB Capital's funds and general partner entities will not be included in the Chapter 11 bankruptcy.
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