a whole page on sbs website about their plans to , quote, monitor and reduce our own carbon emissions. thi owns because you want a t that cares about carbon emissions. and of course, there s about em endless posturing because it si all free about diversity, abo equityut and inclusion. marissa fan, the managing director at s.v., wrote thisthio on linkedin just three weeks before the bank collapsed, d. feeling inspired and energized after hosting an extraordinary group of pioneering and dynamic ring andamic wwomen in silicon s female founder and vc tahoe s retreat with adjectives for free. they use a bunch of them and then attach pictures of the ski trip showing the groupuh of these pioneer of them. a dyc female beggars having a great time because, of course, ourseh they re having a great timeey becaus re e few things are more empowering to oppressed female bankers. e empoweri than skiing in tah. and they kept this up to the very end as their bank be began to slip beneath
ba banks in this country, wellsnkco fargo, bank of americauntry,, jp morgan, morgan stanley, collectively lost more tha nne fifty billion in market value in one day. that s quite a hiat s a ht. on the other hand , those bankss still exist. and you can t see that for bank.n valley as of this morning, silicon valley bank or svp, has gone under completely.es the that makes the second biggest bank failure in the history ofef this country and the significant sub finance, nearly half of all venture backed health care and technology companies in the unite healthcai states .ant cash it also apparently held significant cash reserves, just one of the biggestrves for cryptocurrencies, and it s now gone. federal regulators have renamed it and taken it over.ov and that means an awfu l lotf m more people lost an awful lot of money and most of that money was not insured. nhat theyno matter what they t, the fdic only guarantees bank fdicdeposits up to two hundred and fifty thousand. an