ENCOURAGING ANGELS: Meet Mr. Meltdown-Chief Administrative Officer Silicon Valley Bank -and- prior to Joining in 2007 was CFO at Lehman Bros. Global Inv. Bank-Joseph Gentile

Photo Credit: https://www.svbsecurities.com/team/joseph-gentile/

By Stan Szymanski

Please file this under ‘you just can’t make this stuff up: Joseph Gentile who has served as Chief Administrative Officer at the recently caput Silicon Valley Bank since 2007 was, prior to joining SVP, CFO for Lehman Brothers’ Global Investment Bank, Fixed Income Division.

Just because SVB and Lehman collapsed where he was a leading player doesn’t necessarily make this man the ‘harbinger’ of  doom. Perhaps this is just a guy that you wouldn’t want to have wish you ‘luck’. Perhaps…

According to coinwire.com it may have been a little more than that:

___________________________Please refer to our proviso at the end of the article regarding any reproduction of this writing and consider a donation to Encouraging Angels today.—————————————-…’Despite Gentile’s extensive experience in the financial sector, his tenure at the Silicon Valley Bank was marked by controversy. Gentile’s leadership style was often described as autocratic, and he was known for making decisions without consulting the bank’s board of directors. This lack of transparency and accountability created an environment where risky lending practices were rampant, and the bank’s risk management practices were inadequate.’…(coinwire.com)

So we are going to have to see what other information emerges from the dust cloud of the SVP catastrophe concerning all the plausible characters of calamity and cataclysm.

Now that Mr. Gentile has an opening in his schedule, perhaps Janet Yellen, Jerome Powell and Joe Biden are looking for a fourth for Bridge…or some other game of ‘tricks’…

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Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.