Guest Post by James Grundvig, American Media Periscope Banks don’t lend money. They purchase securities. When Silicon Valley Bank (SVB) suffered a short-lived run last Thursday, the feds had to step in and shut down the bank on Friday. With a 185:1 debt-to-asset ratio, with the three main executives dumping stocks weeks before in an…
By Jeffrey L. Klump
I am 59 years old and widowed with 2 children. I live in Creve Coeur, MO. USA which is a suburb of Saint Louis. I am a Digital Marketer, Blogger, Writer, Life Insurance Agent, SEO Expert, and Work from Home Business Opportunity Specialist. Please contact me if you have any questions. Thank you.