https://archive.org/details/TheCreatureFromJekyllIslandByG.EdwardGriffin G Edward Griffin's 1993 movie and 1994 book, The Creature from Jekyll Island. In it, he presents his argument that the central banking system of the United States constitutes a banking cartel and an instrument of war and totalitarianism. The book was a business-topic bestseller, and influenced Ron Paul when he wrote a chapter on money and the Federal Reserve in his New York Times bestseller "The Revolution: A Manifesto -- Ron Paul". Woke GovBankPol elite frauds investigate themselves, again, lol... Fed Announces Probe Into Its Own Regulatory Failure At SVB https://www.federalreserve.gov/newsevents/pressreleases/bcreg20230313a.htm https://s201.q4cdn.com/589201576/files/doc_financials/2022/q4/4Q22-SIVB-Earn... https://www.reuters.com/markets/us/silicon-valley-banks-demise-began-with-do... https://www.visualcapitalist.com/timeline-shocking-collapse-of-silicon-valle... https://www.federalreserve.gov/newsevents/speech/barr20230309a.htm The Federal Reserve Board on Monday announced that Vice Chair for Supervision Michael S. Barr is leading a review of the supervision and regulation of Silicon Valley Bank, in light of its failure. "The events surrounding Silicon Valley Bank demand a thorough, transparent, and swift review by the Federal Reserve," said Chair Jerome H. Powell. As a reminder, it was Moody's that initially brought up issues with SVB. When SVB reported its fourth quarter results in early 2023, Moody’s Investor Service, a credit rating agency took notice. In early March, it said that SVB was at high risk for a downgrade due to its significant unrealized losses. In response, SVB looked to sell $2 billion of its investments at a loss to help boost liquidity for its struggling balance sheet. Soon, more hedge funds and venture investors realized SVB could be on thin ice. Depositors withdrew funds in droves, spurring a liquidity squeeze and prompting California regulators and the FDIC to step in and shut down the bank. Source The Fed's review will be publicly released by May 1. "We need to have humility, and conduct a careful and thorough review of how we supervised and regulated this firm, and what we should learn from this experience," said Vice Chair Barr. Just a reminder, here's what Michael Barr said in a speech Thursday as the run was in full swing: "The banks we regulate, in contrast, are well protected from bank runs through a robust array of supervisory requirements." In case you wondered where we stand on this... This is a regulatory failure of historic proportions by both the Fed and Treasury. Instead of preventing billions in losses, the Fed was worrying about board diversity and Yellen was flying to Ukraine. Everyone should be sacked immediately. https://t.co/XDd5LTI6hF — zerohedge (@zerohedge) March 12, 2023 What are the chances anyone is found responsible in any way?