David Sacks

@DavidSacks ↗

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Last Checked March 29, 2023

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Sun Mar 12 03:13:56 +0000 2023

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David Sacks @DavidSacks

Community banks simply won’t be able to compete if the Fed says you can lose your deposits there but not at a Big 4 bank. The Big 4 will have too great a regulatory advantage by virtue of being “too big to fail.” — PolitiTweet.org

Posted March 12, 2023

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David Sacks @DavidSacks

By a 2-to-1 margin, those polled said they would move to a Big 4 bank if the Fed doesn’t protect deposits at SVB. — PolitiTweet.org

If the Fed doesn’t protect deposits at SVB, will you feel more compelled to move your money to a Big 4 bank (JP Mor… https://t.co/11c2CQ2rvR

Posted March 12, 2023

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David Sacks @DavidSacks

Sometimes entertaining Steve Bannon worked at Goldman Sachs but doesn’t seem to remember what systemic risk is. The people lining up to get their money out of this bank don’t look like “elites” to me, Steve! https://t.co/bc4m7w3Fdp https://t.co/nsXmg2njTE — PolitiTweet.org

Posted March 12, 2023