Silicon Valley Bank Collapses, Goes Defunct
Today is March 10th, or 3/10
Silicon Valley Bank was shut down by the California Department of Financial Protection and Innovation.
It’s an interesting date for significant Financial news. Today is the 69th day of the year:
Silicon Valley Bank, or SV Bank, has suffered the second-largest Bank collapse in U.S. history, and third place isn’t even close.
The only institution to suffer a larger collapse than SVB was Washington Mutual, a failure that quickly accelerated the 2007-2009 “Great Recession”. Most of the big banks who crumbled were headquartered in New York City, which was still rebounding from the 9/11 attacks several years prior.
The California DFPI, which was tasked with shutting SVB down, was founded during Lunation # 1119:
The DFPI turned SVB’s assets over to the FDIC.
The California DFPI was formed on July 1st, 2013, which I recognized as the same exact date that Los Angeles, California’s biggest city, got a new mayor in Eric Garcetti.
88 is 11×8
The Great Depression began in 1929
The name Garcetti has the same numbers SVB shares with Collapse.
The title of Mayor is a Supermatch with Money.
SVB was headquartered in Santa Clara, which has matching 27 and 72 gematria.