(Thread IKs:
skooma512)
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sullat posted:Yeah everyone knows that the best time to buy stock in a company is when you're panick-withdrawing all your money out of it.
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# ? Mar 13, 2023 01:36 |
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# ? May 25, 2024 14:19 |
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tip of the day: buy high, oops thing blew up no longer exists and has no value
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# ? Mar 13, 2023 01:37 |
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buy high, sell sober
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# ? Mar 13, 2023 01:38 |
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ready for some big gains tomorrow., thank you fed and biden
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# ? Mar 13, 2023 01:38 |
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spacemang_spliff posted:lol I'm not a banker but it seems like if the FDIC is now insuring all deposits no matter how big then it's basically a blank check to do whatever no matter how risky. A billion dollars of deposits to speculate in PonziCoin? Why not you already got preemptively bailed out shareholders =! depositors shareholders were nuked.
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# ? Mar 13, 2023 01:41 |
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lol love yellen/jpow doing unprecedented poo poo
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# ? Mar 13, 2023 01:41 |
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Thinking about that one startup that paused a round layoffs because of this
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# ? Mar 13, 2023 01:42 |
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spacemang_spliff posted:lol I'm not a banker but it seems like if the FDIC is now insuring all deposits no matter how big then it's basically a blank check to do whatever no matter how risky. A billion dollars of deposits to speculate in PonziCoin? Why not you already got preemptively bailed out the insurance is covered by premiums which are paid by banks I can't imagine the huge banks are particularly happy about their insurance pool thinning out and going to cover all of these feeble competitors who were snatching up their high-return clients already. The FDIC assessments on banks will almost necessarily have to increase.
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# ? Mar 13, 2023 01:43 |
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This banking thing seems pretty easy we should all get into it.
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# ? Mar 13, 2023 01:43 |
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Oglethorpe posted:buy high, sell sober
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# ? Mar 13, 2023 01:43 |
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Oglethorpe posted:buy high, sell sober
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# ? Mar 13, 2023 01:44 |
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homer: no you won’t sec: yes I will homer: nope
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# ? Mar 13, 2023 01:44 |
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Bar Ran Dun posted:shareholders =! depositors Yeah reading the actual statement this sounds fine - the bank goes under BUT the depositors at least will likely be made fine through asset sales. Maybe startups should actually learn how to operate businesses in a legitimate manner by spreading payrolls out over multiple deposited accounts, this is a completely solved problem for large businesses
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# ? Mar 13, 2023 01:44 |
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Oglethorpe posted:buy high, sell sober
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# ? Mar 13, 2023 01:45 |
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Bar Ran Dun posted:shareholders =! depositors I still fondly remember when Maurice 'Hank' Greenberg sued the Fed for breaching fiduciary duty towards AIG shareholders, with the trial court saying they exceeded authority but the value of AIG at takeover was $0 so he was entitled to no damages.
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# ? Mar 13, 2023 01:45 |
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FizFashizzle posted:Forgive me, if this is wrong, or obvious, but I read that many of the start ups were required by their founders to park their money at SVB. Presumably, this money was coming from accounts that were already at SVB. neal breen
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# ? Mar 13, 2023 01:47 |
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# ? Mar 13, 2023 01:48 |
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https://www.youtube.com/watch?v=ZCC_dVGIMDM
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# ? Mar 13, 2023 01:48 |
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Yeah man we've been in a recession since about 1976 they just chose different numbers to look at
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# ? Mar 13, 2023 01:48 |
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https://www.youtube.com/watch?v=2Ix_AF7Q5R0
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# ? Mar 13, 2023 01:49 |
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when you withdrew but she still bailin
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# ? Mar 13, 2023 01:49 |
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Shipon posted:the bank goes under BUT the depositors at least will likely be made fine through asset sales. I don’t think it’s actually going to cost too much either. the problem here are MBS and treasuries that fell in value because rates rose. eventually even if rates do not fall those will rise in value back to the original price as they approach maturity. they’re illiquid not worthless.
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# ? Mar 13, 2023 01:49 |
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So if the paper loss on treasuries for SVB isn't real anymore because they can get new loans from the fed, then why exactly are the shareholders screwed? Isn't this company worth something again?
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# ? Mar 13, 2023 01:49 |
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gently caress yeah, crisis averted. suck it doomers.
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# ? Mar 13, 2023 01:50 |
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ScrubLeague posted:Yeah man we've been in a recession since about 1976 they just chose different numbers to look at
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# ? Mar 13, 2023 01:51 |
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err posted:lol love yellen/jpow doing unprecedented poo poo I feel like homer waving grampa simpson at the stonecutters here It's not unprecedented, they did it before, it was just successfully cast into the memory hole
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# ? Mar 13, 2023 01:51 |
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Woke Mind Virus posted:So if the paper loss on treasuries for SVB isn't real anymore because they can get new loans from the fed, then why exactly are the shareholders screwed? Isn't this company worth something again? the company is already gone. it doesn't exist. The feds have their money and their executives are preparing to be sued into the ground. it died so quickly that even people with short positions are scrambling to try to get their money only depositors can access the loan money, and the FDIC is running those deposits now
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# ? Mar 13, 2023 01:52 |
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what does HFN in India do
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# ? Mar 13, 2023 01:53 |
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lol indian farmer tech startup Ruchit G Garg, Founder CEO of HFN, said, “At HFN, our goal is to help farmers realise their full potential by reducing the plethora of inefficiencies across the agriculture value chain. Simple and widely-available technologies like WhatsApp and Twitter have allowed us to create massive data-driven farmer co-operatives, which allows farmers to negotiate better rates for farm inputs and more competitive prices for outputs.”
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# ? Mar 13, 2023 01:55 |
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cackling at NUMBER even as they feed me into the woodchipper
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# ? Mar 13, 2023 01:55 |
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shyduck posted:BREAKING: the economy
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# ? Mar 13, 2023 01:56 |
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drat i take a break to watch some hockey and we got a whole new thread and several pages of posts already
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# ? Mar 13, 2023 01:57 |
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Lessail posted:drat i take a break to watch some hockey and we got a whole new thread and several pages of posts already same so it's a bailout. p fuckin funny.
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# ? Mar 13, 2023 02:00 |
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if people have an healthy tolerance to reddit-isms, this is an interesting read. https://www.reddit.com/r/Superstonk/comments/z8wus9/hyperinflation_is_coming_the_dollar_endgame_part/ i don't agree entirely but im with the general gistquote:SERIES (Parts 1-4) TL/DR: We are at the end of a MASSIVE debt supercycle. This 80-100 year pattern always ends in one of two scenarios- default/restructuring (deflation a la Great Depression) or inflation (hyperinflation in severe cases (a la Weimar Republic). The United States has been abusing it’s privilege as the World Reserve Currency holder to enforce its political and economic hegemony onto the Third World, specifically by creating massive artificial demand for treasuries/US Dollars, allowing the US to borrow extraordinary amounts of money at extremely low rates for decades, creating a Sword of Damocles that hangs over the global financial system.
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# ? Mar 13, 2023 02:02 |
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I have it on good authority that this is a nothingburger that happens all the time, and no public money will be involved, or perhaps only a little as a bridge loan. This is nothing, everyone is panicking for no reason.
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# ? Mar 13, 2023 02:02 |
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so Yellen was full of poo poo to say no to bailout earlier? nothing makes sense.
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# ? Mar 13, 2023 02:03 |
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bailout means save the shareholders afaict. they were always going to make the depositors whole
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# ? Mar 13, 2023 02:04 |
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"Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law." cool. so it's gonna get passed on to us.
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# ? Mar 13, 2023 02:04 |
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Yudo posted:This banking thing seems pretty easy we should all get into it. bank of cspam? I'll make the website
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# ? Mar 13, 2023 02:04 |
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# ? May 25, 2024 14:19 |
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how's the SVB goon doing?
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# ? Mar 13, 2023 02:05 |