Israeli Banks Transferred $1 Billion Out of SVB Before Collapse – IOTW Report

Israeli Banks Transferred $1 Billion Out of SVB Before Collapse

Summit News-

According to a report by the Times of Israel, the country’s two largest banks were able to transfer $1 billion out of Silicon Valley Bank to accounts in Israel before it was seized by the feds.

Silicon Valley Bank (SVB), the 16th largest bank in the United States at the time of its failure late last week, collapsed after a run on deposits and was placed into the receivership of the Federal Deposit Insurance Corporation (FDIC).

The bank’s collapse represented the second biggest bank failure in U.S. history, with the FDIC being forced to guarantee 100 per cent of both insured and uninsured customer deposits.

While the collapse of SVB took many by surprise, financial authorities in Israel were apparently ahead of the curve.

“Israel’s two largest banks, Bank Leumi and Bank Hapoalim, set up a situation room that has been operating around the clock to help firms transfer their money from SVB — before it was seized — to accounts in Israel,” reports the Times of Israel. more. h/t Brad

10 Comments on Israeli Banks Transferred $1 Billion Out of SVB Before Collapse

  1. SOMEBODY was able to read the handwriting on the wall.
    (that’s a Biblical joke)

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  2. President Elect Toxic Deplorable Racist SAH Neanderthal B Woodman Domestic Violent Extremist SuperStraight
    MARCH 15, 2023 AT 6:36 AM
    “SOMEBODY was able to read the handwriting on the wall.
    (that’s a Biblical joke)”

    …it seems the whole thing is a Biblical joke, or a joke of Biblical proportions.

    But yeah, even staying in the Old Testament, you can definitely see it coming…

    “36 And the king shall do according to his will; and he shall exalt himself, and magnify himself above every god, and shall speak marvellous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done.

    37 Neither shall he regard the God of his fathers, nor the desire of women, nor regard any god: for he shall magnify himself above all.

    38 But in his estate shall he honour the God of forces: and a god whom his fathers knew not shall he honour with gold, and silver, and with precious stones, and pleasant things.

    39 Thus shall he do in the most strong holds with a strange god, whom he shall acknowledge and increase with glory: and he shall cause them to rule over many, and shall divide the land for gain.”
    Daniel 11;36-39

    …and what happens when you want to be ruled by the ungodly like the COOL nations are…

    “6 But the thing displeased Samuel, when they said, Give us a king to judge us. And Samuel prayed unto the Lord.

    7 And the Lord said unto Samuel, Hearken unto the voice of the people in all that they say unto thee: for they have not rejected thee, but they have rejected me, that I should not reign over them.

    8 According to all the works which they have done since the day that I brought them up out of Egypt even unto this day, wherewith they have forsaken me, and served other gods, so do they also unto thee.

    9 Now therefore hearken unto their voice: howbeit yet protest solemnly unto them, and shew them the manner of the king that shall reign over them.

    10 And Samuel told all the words of the Lord unto the people that asked of him a king.

    11 And he said, This will be the manner of the king that shall reign over you: He will take your sons, and appoint them for himself, for his chariots, and to be his horsemen; and some shall run before his chariots.

    12 And he will appoint him captains over thousands, and captains over fifties; and will set them to ear his ground, and to reap his harvest, and to make his instruments of war, and instruments of his chariots.

    13 And he will take your daughters to be confectionaries, and to be cooks, and to be bakers.

    14 And he will take your fields, and your vineyards, and your oliveyards, even the best of them, and give them to his servants.

    15 And he will take the tenth of your seed, and of your vineyards, and give to his officers, and to his servants.

    16 And he will take your menservants, and your maidservants, and your goodliest young men, and your asses, and put them to his work.

    17 He will take the tenth of your sheep: and ye shall be his servants.

    18 And ye shall cry out in that day because of your king which ye shall have chosen you; and the Lord will not hear you in that day.”
    1 Samuel 8:6-18

    …but did they listen?

    No they did NOT.

    “19 Nevertheless the people refused to obey the voice of Samuel; and they said, Nay; but we will have a king over us;

    20 That we also may be like all the nations; and that our king may judge us, and go out before us, and fight our battles.”
    1 Samuel 8:19-20

    …which is why they ended up being ruled by Democrats, a shame we carry to this DAY.

    “21 Because that, when they knew God, they glorified him not as God, neither were thankful; but became vain in their imaginations, and their foolish heart was darkened.

    22 Professing themselves to be wise, they became fools,

    23 And changed the glory of the uncorruptible God into an image made like to corruptible man, and to birds, and fourfooted beasts, and creeping things.

    24 Wherefore God also gave them up to uncleanness through the lusts of their own hearts, to dishonour their own bodies between themselves:

    25 Who changed the truth of God into a lie, and worshipped and served the creature more than the Creator, who is blessed for ever. Amen.

    26 For this cause God gave them up unto vile affections: for even their women did change the natural use into that which is against nature:

    27 And likewise also the men, leaving the natural use of the woman, burned in their lust one toward another; men with men working that which is unseemly, and receiving in themselves that recompence of their error which was meet.

    28 And even as they did not like to retain God in their knowledge, God gave them over to a reprobate mind, to do those things which are not convenient;

    29 Being filled with all unrighteousness, fornication, wickedness, covetousness, maliciousness; full of envy, murder, debate, deceit, malignity; whisperers,

    30 Backbiters, haters of God, despiteful, proud, boasters, inventors of evil things, disobedient to parents,

    31 Without understanding, covenantbreakers, without natural affection, implacable, unmerciful:

    32 Who knowing the judgment of God, that they which commit such things are worthy of death, not only do the same, but have pleasure in them that do them.”
    Romans 1:21-32

    …so yes, you could see this coming, for at least the last 6000 years.

    And it’s fixing to get a whole lot worse…

    “16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:

    17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

    18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.”
    Revelation 13:16-18

    …Only two ways out.

    Up.

    or Down.

    The choice, as always, is yours.

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  3. Tsquared
    MARCH 15, 2023 AT 9:02 AM
    Revelations That is scary how much of it is happening around us.

    ht tps://br.ifunny.co/picture/my-parents-in-their-let-s-buy-house-another-chapter-vhU6PSFK9

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