338 - Please Behave
The Tim Dillon Show
The Tim Dillon Show
4.7 • 13.2K Ratings
🗓️ 18 March 2023
⏱️ 71 minutes
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Transcript
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| 0:00.0 | Ladies and gentlemen, welcome to the Tim Dylan show. We have coming up later in the broadcast |
| 0:04.7 | an insider from SVB, Silicon Valley Bank, who calls into the show and discusses the chaos |
| 0:12.9 | that's happening. They have been taken over by the federal government. He said there's ads now |
| 0:17.3 | for SVB saying Silicon Valley Bank is the safest place to put your money. But we're looking at |
| 0:23.7 | potentially, they're trying to find a buyer for SVB. They're trying to find a buyer. It's a |
| 0:29.6 | very woke bank. It's diverse and inclusive and fun and sexy and gender is a construct and |
| 0:35.8 | everything. It's a fun Silicon Valley bank. That's what they do. That's not the reason it collapsed. |
| 0:42.2 | I'm not going on some reaction or anything here. I'm just saying it's part of the vibe. It's |
| 0:46.8 | a vibe. Silicon Valley Bank was a vibe. They tried to get the Saudis to buy it and the Saudis |
| 0:52.1 | have a little decidedly different vibe than that. But I think nothing would make more sense in |
| 0:57.5 | having the Saudis come in and whip Silicon Valley Bank into shape. Watching an analyst at Silicon |
| 1:04.8 | Valley Bank explain the concept of non-binary to Mohammed bin Salman is something I would like to |
| 1:11.2 | see. That's something I would like to see. Members of the Saudi sovereign wealth fund sitting |
| 1:17.6 | there with Silicon Valley Bank and going through just the office policies, you know, the human |
| 1:24.0 | resources policies at the bank who can say what to whom. I think that's a great idea. In fact, |
| 1:31.5 | if this whole bank collapse, which people are debating whether it's going to be a massive collapse, |
| 1:39.2 | I'm reading things and say this is Lehman brothers, credit Swiss is going down, even though they |
| 1:44.4 | got a $52 billion loan from the central bank of Switzerland. They're still done. They're looking |
| 1:50.4 | scenarios for the bank over the weekend. People are going, this is a similar thing that happened to |
| 1:54.5 | Lehman. Monday is going to be black Monday. Credit Swiss is going to go. First national is going to go. |
| 1:59.7 | Credit Swiss is a trillion. First national with all the regional banks. It'll take down with it. |
| 2:04.6 | Is a trillion. We're looking at massive runs on the bank. I believe a crazy amount of money was |
... |
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