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You saw that same poo poo with "learn COBOL, many mainframe jobs open everywhere!" when that generation started retiring. Turns out it wasn't just learning COBOL, it was also learning the entire hosed up IBM ecosystem and lingo and learning TSO and job scheduling and ingratiating yourself with graybeards. No job is worth that poo poo.
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Mar 12, 2023 18:47
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SKULL.GIF posted:Still, there’s no need to panic yet, say analysts. now, in our next segment, we’ll explain why your death is inevitable unless you started panicking several weeks ago
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Mar 12, 2023 18:50
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 hmm
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Mar 12, 2023 18:51
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PawParole posted:https://mobile.twitter.com/girdley/status/1634634172290457600 i suspected something like this would be the case
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Mar 12, 2023 18:51
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FlapYoJacks posted:That sucks, and I’m sorry. Depends on where you are and how good your social skills are, if there's an active meet up or discord or whatever where you are and the people aren't weirdos (a real risk) then you can probably talk your way into a job or at least contract work if you have some technical chops. Coder jobs are still way way overpaid in the US compared to everywhere else so even an entry level developer is gonna make more than say a teacher.
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Mar 12, 2023 18:51
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Pittsburgh Fentanyl Cloud posted:I accidentally got a job doing data entry at a big chemical company while I was looking for more permanent employment in the utility trades and lucked into learning database stuff and lucked into the health insurance industry, if I hadn't answered a lovely job listing from Adecco in 2007, hadn't got into loving around with the DB stuff they gave me access to, and hadn't put a throwaway line in my resume in 2012 that got me into the health insurance industry my life would be significantly different and significantly shittier right now. It's all either knowing the right people or luck. yeah, i had some luck and started self teaching before the boot camps were really a thing, so over ten years ago now. i may still be able to find something but i haven't done any real coding work for 5-6 years. i can barely get a referral since everyone's on a freeze or the positions just don't exist, and now the ones i did (though they didn't work out) may be hosed anyway if they were in bed with svb or even as a ripple effect. the new grads are hosed.
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Mar 12, 2023 18:51
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my tiny credit union with like five branch offices decided to e-mail all their customers last night for no reason at all to say that they had no connection to SVB and that all deposits are insured by something like FDIC, but is explicitly not FDIC Monday is gonna be spicy
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Mar 12, 2023 18:52
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my bony fealty posted:I wonder what her company "Strongsuit" does. Probably something of immense value. even better https://twitter.com/ChuckVacuumBeth/status/1634781787942518784
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Mar 12, 2023 18:53
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BANK RUNS BANK RUNS BANK RUNS
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Mar 12, 2023 18:54
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a year ago i had to fill a position to help take some stuff off my plate and we had the headcount, and we had over 700 applicants
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Mar 12, 2023 18:54
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skaboomizzy posted:my tiny credit union with like five branch offices decided to e-mail all their customers last night for no reason at all to say that they had no connection to SVB and that all deposits are insured by something like FDIC, but is explicitly not FDIC Yeah FDIC is only for banks with state/federal bank charters. Credit unions do have their own government backstop thinger (National Credit Union Administration (NCUA)). They're also for a bunch of reasons way less likely to self immolate in a capitalist hellfire.
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Mar 12, 2023 18:55
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Sheng-Ji Yang posted:this has to be some sort of crime right Short sellers do this a lot. Proving anything criminal would be difficult.
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Mar 12, 2023 18:56
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lmao thanks for this i dug up the source https://www.theguardian.com/business/2023/mar/11/silicon-valley-bank-weaken-risk-regulations-svb if people need it
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Mar 12, 2023 18:56
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those losses would be a lot more of they tried to realize them
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Mar 12, 2023 18:57
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Rectal Death Adept posted:I'm pro bank run I'm just for the jobs that the bank run will bring
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Mar 12, 2023 18:57
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skaboomizzy posted:my tiny credit union with like five branch offices decided to e-mail all their customers last night for no reason at all to say that they had no connection to SVB and that all deposits are insured by something like FDIC, but is explicitly not FDIC credit unions are insured by NCUSIF/NCUA
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Mar 12, 2023 18:58
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it's my money and i need it now!
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Mar 12, 2023 18:58
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Rags are bourgeois. Wear the skins of animals you poached for meat.
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Mar 12, 2023 19:00
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SKULL.GIF posted:Still, there’s no need to panic yet, say analysts. so they'll definitely tell us when it is time to panic of course
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Mar 12, 2023 19:00
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spacemang_spliff posted:BANK RUNS BANK RUNS BANK RUNS but to the tune of https://www.youtube.com/watch?v=m1vRvW3QUys
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Mar 12, 2023 19:00
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FlapYoJacks posted:lol tech is an absolute poo poo show for new people in the field. Every job these days wants a “senior” developer with 10 years of experience to do the job of 5 people for the pay of 1.
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Mar 12, 2023 19:00
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Rank buns, wash your rear end.
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Mar 12, 2023 19:01
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Oglethorpe posted:credit unions are insured by NCUSIF/NCUA yeah I know my tiny pittance is safe but the fact that they thought they had to send this out to all customers at 9:30 Sunday morning indicates that they got a lot of freaked out people calling customer service the last couple days again, Monday is gonna be wild
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Mar 12, 2023 19:03
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skaboomizzy posted:yeah I know my tiny pittance is safe but the fact that they thought they had to send this out to all customers at 9:30 Sunday morning indicates that they got a lot of freaked out people calling customer service the last couple days there's going to be so much money moving out of small banks on monday rofl
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Mar 12, 2023 19:08
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lol at the humble brag people said SVB was the only bank failure of the year. SURPRISE MOTHERFUCKER
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Mar 12, 2023 19:08
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Mar 12, 2023 19:09
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is there an opposite of an elephant in the room? where everybody keeps talking about the elephant in the room and doesn't leave, while one man blocks the only exit door behind them
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Mar 12, 2023 19:11
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who rings the bell?
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Mar 12, 2023 19:12
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Pittsburgh Fentanyl Cloud posted:Humana has publicly announced that they're giving up on providing actual health insurance to group policyholders and are going all in on Medicare Advantage scams, sounds like a growth market if anyone is looking. some marketing database somewhere has my cell number linked with my father's age and as soon as he turned 65 my phone got inundated with Medicare Advantage sales cold calls. dozens in a day, it was insane. those stupid plans must print money for there to be that aggressive of a sales operation going on.
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Mar 12, 2023 19:12
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TDepressionEarl posted:who rings the bell? The New York Stock Exchange welcomes executives and guests of Ireland INC in celebration of the 11th annual Ireland Day. To honor the occasion, Ian Hyland, President, will ring The Opening Bell®. https://www.nyse.com/bell/calendar
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Mar 12, 2023 19:13
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Mar 12, 2023 19:14
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lol these motherfuckers are pivoting to "you're not bailing out our bad gambling debts you're bailing out lunch ladies and bus drivers" https://twitter.com/danprimack/status/1634960013667041280
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Mar 12, 2023 19:14
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it’s managements job to make payroll. maybe they should not have had all their money in one bank
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Mar 12, 2023 19:15
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Shifty Pony posted:some marketing database somewhere has my cell number linked with my father's age and as soon as he turned 65 my phone got inundated with Medicare Advantage sales cold calls. dozens in a day, it was insane. CMS knows they're being scammed with Part C plans but has openly said that they're not going in hard on enforcement actions because members are still getting the services they need. https://www.nytimes.com/2022/10/08/upshot/medicare-advantage-fraud-allegations.html  I worked for one of these companies, the Medicare Advantage group was a block box completely separate from the rest of the company and did their own thing completely siloed off from the traditional insurance wing.
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Mar 12, 2023 19:16
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loving bus drivers and lunch ladies lmao, the ones they wanted to all be fired when they complained how horrible silicon valley nerds treat them at their lovely tech jobs? those folks?
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Mar 12, 2023 19:16
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When you make up 27% of the market I guess you can just steal whatever you'd like, no one's going to stop you
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Mar 12, 2023 19:16
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Jim Cramer has rung the NYSE bell twice. Once on July 18th, 2022. The market went down by -0.83% that day. The other time was March 6th, 2020, in the middle of the Covid crash. The market gapped down but rebounded midday, for a finish of -1.65%. That was a Friday; the following Monday March 9th the market crashed -7.81% and we hit circuit breakers.
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Mar 12, 2023 19:16
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there is also 0% chance charter schools employ lunch staff and bus drivers
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Mar 12, 2023 19:17
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spacemang_spliff posted:lol these motherfuckers are pivoting to "you're not bailing out our bad gambling debts you're bailing out lunch ladies and bus drivers" The infrastructure to teach the next generation of these rich assholes is collapsing?
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Mar 12, 2023 19:17
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euphronius posted:there is also 0% chance charter schools employ lunch staff and bus drivers i think some of these wealthier startup companies do, and I remember the rhetoric about them when they complained about these freaks.
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Mar 12, 2023 19:18
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