Bernie Sanders has said: “One of the most absurd aspects of the Silicon Valley bank failure is that its CEO was a director of the same body in charge of regulating it: the San Francisco Fed."
Sanders said: “I’ll be introducing a bill to end this conflict of interest by banning big bank CEOs from serving on Fed boards" Read more: unusualwhales.com/news/bernie-sa…
@unusual_whales Meanwhile Barney Frank , the architect of Dodd Frank was on the Board of $SBNY , didn’t hear a thing from Sanders on that
@unusual_whales Not enough people have put spotlight on this
@unusual_whales And he is absolutely right. When I read that the CEO was a director in San Francisco Fed, I was "what the heck!?!!!" This guy was attending the meetings. This guy knew before anyone else what is going on, and yet this happened. Tells you volumes.
@unusual_whales Amazing how that happens. Almost like it was intentionally mismanaged🥴
@unusual_whales Wait til he finds out about pharmaceutical companies and the FDA...
@unusual_whales This is what happens when people are obsessed with, blinded by, and duped by credentials”… These credentialed actors are the problem.
@unusual_whales I don’t tend to agree with @BernieSanders on much, including the economy and how it should operate but this should not be allowed!