SVB: One of Many Schemes to Go Down

Far from alone, SVB's collapse has many precursors and sister organizations to fish through.

Looking at SVB, Signature Bank, and so on, here's a little history lesson that ties into the modern incarnation of this repeat scam quite well.

The apparatus occupying you uses financial scandals (and controlled demolition) to embark on campaigns to "change" things.

1970s-1980s:

BCCI - Bank of Credit and Commerce International

Also known as "Bank of Crooks and Criminals International," was a VERY, VERY BIG scam for its day. BCCI was the vehicle used to launder money during Iran-Contra, but its tentacles spread far and wide.

via WaPo

The Medellin Cartel, Pablo Escobar, other drug pushers, despots like Saddam Hussein, terrorists, and so on used BCCI. BCCI eventually got caught, and John Kerry led an investigation into its affairs, but after 10+ years performing money laundering for creeps, it was too little, too late. The users of these services don't just crawl back under the rocks they shuffled out from under; they go elsewhere. It seems many of them went to overseas money laundering hotspots like those seen in the Panama Papers - groups like Mossack Fonseca.