Realignments in America’s perception of war on the big screen?

Written by Michael E Dehn

Founder and CEO of Metro Pulse a continually running enterprise since May 1980.

March 11, 2023

https://www.cnn.com/2023/03/09/opinions/top-gun-maverick-oscars-ctrp-michel/index.html

← Prev: The feel for Thiel that made it REAL or how to break the bank Next: Always liked Bill Ackman. Like any successful entrepreneur he has taken some hits at his flagship VC firm Pershing Square Capital where he is CEO but his take here on the SVB banking debacle speaks volumes on where we are at in all of this. Remember a 42B "run" on deposits was all done digitally in 24 hrs,unprecedented,and from what we can garner sparked a snowball effect triggered by the Founders Fund liquating their positions initially on Thursday. This was done after a capital call was made with some difficulty by them prompting a proactive move to protect assets and when word got out in tight knit VC community of the withdrawals the floodgates opened. We believe that this failure is a largely localized event with mild peripheral impacts for most, but not all in that a big reason SVB tanked was it's targeted reliance on tech and crypto lending, an area shunned by most banks to this degree.Scares us that this seemingly unintended "move" to preserve assets morphed into this frenzy showing our enemies how a similar "situation" could be used to buckle our financial system. With the glaringly obvious disparity in bond prices being held in the banking industry as a whole outside of the more insulated big banks (some 625B by some estimates) it is food for thought going forward →

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