(Thread IKs:
skooma512)
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WAL and FRC pumped off the lows but are now being halted again on downside moves. I've never seen so many halts in one day without the exchanges stepping in to enforce longer halts.
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Mar 13, 2023 16:50
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so depositers will be made whole through an "insurance fund?" what is that?
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Mar 13, 2023 16:51
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actionjackson posted:so depositers will be made whole through an "insurance fund?" what is that? FDIC
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Mar 13, 2023 16:54
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Woke banks lmao
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Mar 13, 2023 16:54
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actionjackson posted:so depositers will be made whole through an "insurance fund?" what is that? the government is levying a "Fee" (don't call this a tax!) on banks to fund their actions. the banks totally reassure us the costs of this "Fee" definitely won't be passed onto customers
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Mar 13, 2023 16:54
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webcams for christ posted:the government is levying a "Fee" (don't call this a tax!) on banks to fund their actions. the banks totally reassure us the costs of this "Fee" definitely won't be passed onto customers Well if the bank is promising to handle it responsibly I don't see any glaring evidence as to why we shouldn't trust them
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Mar 13, 2023 16:55
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If I lost all my money I'd be hosed, that's like half of an entire paycheck
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Mar 13, 2023 16:55
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Thank you President Joe Biden. https://twitter.com/POTUS/status/1635304713288667136?s=20
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Mar 13, 2023 16:56
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https://mobile.twitter.com/Carnage4Life/status/1635296194321874949
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Mar 13, 2023 16:56
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Now that the banking industry has proven to be invincible i hope everyone bought the dip before all time highs
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Mar 13, 2023 16:56
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webcams for christ posted:still seething about this the man knows how to use a good crisis
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Mar 13, 2023 16:57
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Thoguh posted:Thank you President Joe Biden. looking forward to the cost to the taxpayer
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Mar 13, 2023 16:57
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It is a bail-in not a bail-out https://twitter.com/0ddette/status/1635292072969400320?t=lRsxrWk01vLxIxI8QK-Baw&s=19
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Mar 13, 2023 16:58
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https://twitter.com/daveteitelbaum/status/1635308790626263044
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Mar 13, 2023 16:58
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Thoguh posted:Thank you President Joe Biden. no deposits refused
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Mar 13, 2023 16:59
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https://twitter.com/TommyPigott/status/1635305586517774336
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Mar 13, 2023 16:59
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Thoguh posted:Thank you President Joe Biden. my "Americans can have confidence that our system is safe" shirt has people asking a lot of questions, etc
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Mar 13, 2023 16:59
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oooooooo mama
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Mar 13, 2023 16:59
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Don't know nothing bout no fancy "yields", "basis points", or "in-flation", but I know drat well that the dow jones is green and that's just fine with me. So I suggest that everyone in this thread relax and let the money men do their thing. Can't wait to cash in with all-time stock market highs coming later this year. God bless the USA and God bless Joe Biden.
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Mar 13, 2023 16:59
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Woke Mind Virus posted:the man knows how to use a good crisis All time highs AND cheap gas? Way to go Mr President!  Carmant posted:Don't know nothing bout no fancy "yields", "basis points", or "in-flation", but I know drat well that the dow jones is green and that's just fine with me. So I suggest that everyone in this thread relax and let the money men do their thing. Can't wait to cash in with all-time stock market highs coming later this year. God bless the USA and God bless Joe Biden. 
RadiRoot has issued a correction as of 17:03 on Mar 13, 2023 |
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Mar 13, 2023 16:59
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There is clearly absolutely zero confidence that the FDIC can keep SVB and Signature and First Rep and Western Alliance and I guess Charles Schwab whole all at the same time, lmao what a goddamn day, and the banks aren't even open for runs on their locations yet on the west coast (that's where to watch for FR runs, fwiw; most of their branches are on the west coast)
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Mar 13, 2023 16:59
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HallelujahLee posted:looking forward to the cost to the taxpayer We all get to pay a little extra in banking fees in exchange for making sure that our deposits over $250,000, a thing which is very common and we all have and were very concerned about, will be made whole in the event of a bank failure.
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Mar 13, 2023 17:00
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...........blood?
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Mar 13, 2023 17:00
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My tiny investment account is with TDAmeritrade, which is owned by Schwab, do I need to do a bank run?
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Mar 13, 2023 17:00
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Pepe Silvia Browne posted:oooooooo mama Blood??? efb lol
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Mar 13, 2023 17:01
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Thoguh posted:My tiny investment account is with TDAmeritrade, which is owned by Schwab, do I need to do a bank run? you should put all your money in Silver NOW
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Mar 13, 2023 17:01
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Pepe Silvia Browne posted:you should put all your money in Silver NOW silver is the fool's precious metal!
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Mar 13, 2023 17:02
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https://twitter.com/zerohedge/status/1635262396393484288?s=20 lol yeah
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Mar 13, 2023 17:02
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shut up and buy $GME and $AMC
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Mar 13, 2023 17:03
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actionjackson posted:so depositers will be made whole through an "insurance fund?" what is that? my novice understanding is: The FDIC insures the first $250,000 in accounts. The money that the FDIC uses to repay that $250,000 in the case of a bank failure is raised by fees on accounts. Basically just your standard insurance scheme, where the insurance company is the FDIC. Now the FDIC is raiding that money to pay off the uninsured funds beyond $250,000
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Mar 13, 2023 17:03
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as a measure to ensure stable capital markets, the federal government is instituting a waiting period for all bank withdrawals, of sufficient duration to allow a cooling-off period prior to the account holder taking possession of the banks money waiting periods create an important "cooling off" period that can help prevent impulsive acts of economic violence, including bank runs and collapses
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Mar 13, 2023 17:04
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It's not helping at all lmao
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Mar 13, 2023 17:04
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Good Soldier Svejk posted:silver is the fool's precious metal! i'm still mad at you for saying i'm an alt. you're on my poo poo list pal
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Mar 13, 2023 17:04
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of course stocks are up. they just printed 600 billion dollars. that money has to go somewhere.
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Mar 13, 2023 17:04
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Well that's great news for everyone who got in before the ladder got pulled up last time right?
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Mar 13, 2023 17:04
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everybody c'mon we can do it if we try we can do a bank run we can do a collapse go to your bank. it is YOUR money and you WANT IT ALL NOW
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Mar 13, 2023 17:04
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I hear Credit Suisse is very affordable right now
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Mar 13, 2023 17:05
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"i want all my money, but not in cash and not in bitcoin give it to me in whatever the NEXT thing is gonna be"
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Mar 13, 2023 17:05
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Pepe Silvia Browne posted:i'm still mad at you for saying i'm an alt. you're on my poo poo list pal to be fair you were begging for someone to be made a thread cop so who really was in the wrong there
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Mar 13, 2023 17:05
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| # ? May 20, 2024 17:55 |
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Good Soldier Svejk posted:silver is the fool's precious metal! It's really pretty though
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Mar 13, 2023 17:05
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