Banking-Crisis

SVB Executives Sold $84 Million in Stock Before Bank Collapse

2023-06-26 00:00:00 +0000 UTC | Importance: 8/10

Silicon Valley Bank executives, including CEO Greg Becker, sold $84 million in stock over two years, with $3.6 million sold just two weeks before the bank’s failure. The Justice Department and SEC launched investigations into these insider stock sales, which were executed under 10b5-1 trading …

Greg Becker Daniel Beck financial-capture silicon-valley insider-trading banking-crisis regulatory-failure

Paulson Authorizes AIG Bailout Benefiting Goldman Sachs

2008-09-19 00:00:00 +0000 UTC | Importance: 9/10

The U.S. government authorized an $85 billion bailout of American International Group (AIG), with Goldman Sachs receiving $12.9 billion—the largest individual payout. Treasury Secretary Henry Paulson, a former Goldman Sachs CEO, played a central role in the decision, despite significant conflicts of …

Henry Paulson Lloyd Blankfein Don Jester financial-capture bailout wall-street regulatory-failure banking-crisis