It was supposed to be a bank that touted and supported capitalism, family, law enforcement and the love of God and country. It quickly burned through $50 million.
A bank startup backed by billionaire Donald Trump supporter Peter Thiel and pitched as “anti woke” for “pro-freedom” Americans is closing up shop after less than three months.
The bank, GloriFi, burned through $50 million in investment money, laid off most of its staff on Monday, and informed workers it was shutting down, The Wall Street Journal was the first to report. Hoped-for funding to keep the operation running fell through last Friday.
“We will be closing all accounts opened to date,” GloriFi’s website informed consumers. Checking accounts were being shut down Friday, and savings accounts on Dec. 6.
GloriFi had been touted as an alternative conservative banking system for consumers who find Wall Street too liberal.
Kevyn wrote:
It was supposed to be a bank that touted and supported capitalism, family, law enforcement and the love of God and country. It quickly burned through $50 million.
A bank startup backed by billionaire Donald Trump supporter Peter Thiel and pitched as “anti woke” for “pro-freedom” Americans is closing up shop after less than three months.
The bank, GloriFi, burned through $50 million in investment money, laid off most of its staff on Monday, and informed workers it was shutting down, The Wall Street Journal was the first to report. Hoped-for funding to keep the operation running fell through last Friday.
“We will be closing all accounts opened to date,” GloriFi’s website informed consumers. Checking accounts were being shut down Friday, and savings accounts on Dec. 6.
GloriFi had been touted as an alternative conservative banking system for consumers who find Wall Street too liberal.
It was supposed to be a bank that touted and suppo... (
show quote)
So........ Much more interesting to watch the gay bars finally get their AR inspections.
Approval is high.
Kevyn wrote:
It was supposed to be a bank that touted and supported capitalism, family, law enforcement and the love of God and country. It quickly burned through $50 million.
A bank startup backed by billionaire Donald Trump supporter Peter Thiel and pitched as “anti woke” for “pro-freedom” Americans is closing up shop after less than three months.
The bank, GloriFi, burned through $50 million in investment money, laid off most of its staff on Monday, and informed workers it was shutting down, The Wall Street Journal was the first to report. Hoped-for funding to keep the operation running fell through last Friday.
“We will be closing all accounts opened to date,” GloriFi’s website informed consumers. Checking accounts were being shut down Friday, and savings accounts on Dec. 6.
GloriFi had been touted as an alternative conservative banking system for consumers who find Wall Street too liberal.
It was supposed to be a bank that touted and suppo... (
show quote)
Would have been a lot worse if they invested in bitcoin and the demonrats got most of it
Kevyn wrote:
It was supposed to be a bank that touted and supported capitalism, family, law enforcement and the love of God and country. It quickly burned through $50 million.
A bank startup backed by billionaire Donald Trump supporter Peter Thiel and pitched as “anti woke” for “pro-freedom” Americans is closing up shop after less than three months.
The bank, GloriFi, burned through $50 million in investment money, laid off most of its staff on Monday, and informed workers it was shutting down, The Wall Street Journal was the first to report. Hoped-for funding to keep the operation running fell through last Friday.
“We will be closing all accounts opened to date,” GloriFi’s website informed consumers. Checking accounts were being shut down Friday, and savings accounts on Dec. 6.
GloriFi had been touted as an alternative conservative banking system for consumers who find Wall Street too liberal.
It was supposed to be a bank that touted and suppo... (
show quote)
Am I correct in concluding that you are opposed to Capitalism, family, law enforcement and the love of God and Country. At least that's the way it sounds. Why do we never hear liberals object to the situation of "Open Borders,"
doubled gas prices, runaway inflation, increased crime, etc. You need to realize that we less-than-knowledgeable conservatives need to be brought up to date with the woke, and of course better informed viewpoints of the elite.
I’ve banked with JP Morgan, Chase for years never ever had a problem I stay away from small banks
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