SVB | What You Need To Consider For Yourself

Situation Very Fluid, We Wait

No Resolution Yet to Silicon Valley Bank

Brief, private comments on this subscriber-only broadcast. Strap in.

• As of right now, there is no resolution as financial parties, including the federal regulators, are trying to find valuations. From that point, the possible solutions are being evaluated. The ripple effects of cash not being immediately available will be widespread, we are not going to review there here, other than to say that Jae’s Rib Shack will be under pressure to pay for electricity and payroll. This is known, what is going to be done about? Unknown.

• Then there is the question of what you might want to do, and in certain cases, immediately.