The Blubber

Sharon Stone says she lost half my money in Silicon Vally Bank
3/19/2023

Sharon Stone breaks down in tears on March 17, saying she “lost half my money to this banking thing,” presumably referring to Silicon Valley Bank collapse, per Chris Gardner. “This is not an easy time for any of us.”


See full video:
https://twitter.com/unusual_whales/status/1637461673635385344

Before the collapse of Silicon Valley Bank, $SIVB, the CEO sold $3.57 million of stock within the last two weeks.

This was part of their trading plans, the 10-51-b plans.

Gregory Becker, CEO, sold 11% on Feb 27, 2023.

Michael Zucker, General Counsel, 19% on Feb 5.

Daniel Beck, CFO, sold 32% on Feb 27.

Michelle Draper, CMO, sold 25% on Feb 1.

Silicon Valley Bank has collapsed, the largest bank since 2008.

Silicon Valley was the 16th largest bank in the US, holding $210 billion in assets.

Read more: https://unusualwhales.com/news/numerous-corporate-executives-sold-silicon-valley-bank-sivb-stock-before-the-collapse

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