(Thread IKs:
skooma512)
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lol those banks that recovered some of their stock yesterday are all back down to their lows
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Mar 15, 2023 18:46
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| # ? May 24, 2024 10:54 |
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lol cnbc "down today but higher than monday"
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Mar 15, 2023 18:46
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NOT SO NEUTRAL NOW ARE YA
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Mar 15, 2023 18:46
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Crazypoops posted:Bunch of dipshit failsons hyped themselves into a complete collapse of the global economy I didn't know we had that sort of power
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Mar 15, 2023 18:47
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I get that banks are all to some level interconnected, but what is the risk from Credit Suisse to the US and it’s banks? Just the fact that some US rich people have money there and will be grumpy it failed and they might have to wait a couple of days to fondle their 1s and 0s the reflect their off shore money?
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Mar 15, 2023 18:47
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https://twitter.com/Schuldensuehner/status/1635994065471668225 lmfao
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Mar 15, 2023 18:48
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didnt we find db was funding isis during the obama era and obama didnt do anything about it
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Mar 15, 2023 18:48
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gradenko_2000 posted:Logan's Bank Run Watersuisse Down
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Mar 15, 2023 18:49
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Someone hasn't been following ChatGPT predictions.
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Mar 15, 2023 18:49
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Suisseical the musical
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Mar 15, 2023 18:49
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Orvin posted:I get that banks are all to some level interconnected, but what is the risk from Credit Suisse to the US and it’s banks? Just the fact that some US rich people have money there and will be grumpy it failed and they might have to wait a couple of days to fondle their 1s and 0s the reflect their off shore money? You know how SVB collapsed even though it had like 95% of assets to its deposits? If they just straight up sold all its assets the depositors would've gotten at worst a 5% haircut. It took only a relatively small bank run for SVB to trigger insolvency. For banks, tugging on a thread even if it's a small one can lead to cascading effects because now they have to do all sorts of finance wizardry to be able to meet obligations.
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Mar 15, 2023 18:49
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SKULL.GIF posted:Now not just BNP, but US Treasury: https://www.youtube.com/watch?v=F7eT_Ha2Iq4
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Mar 15, 2023 18:50
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RealityWarCriminal posted:the bank with holes in its leading operations was called Credit Swiss
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Mar 15, 2023 18:50
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Orvin posted:I get that banks are all to some level interconnected, but what is the risk from Credit Suisse to the US and it’s banks? Just the fact that some US rich people have money there and will be grumpy it failed and they might have to wait a couple of days to fondle their 1s and 0s the reflect their off shore money? Depends on who is holding derivatives related to the status of Credit Suisse. If you sold a bunch of credit default swap to someone else obligating you to pay up if CS defaults…
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Mar 15, 2023 18:50
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Anyway audit the Fed and abolish fractional reserve banking.
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Mar 15, 2023 18:50
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RealityWarCriminal posted:the bank with holes in its leading operations was called Credit Swiss
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Mar 15, 2023 18:51
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Suissetime for Hitler
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Mar 15, 2023 18:51
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So just to clarify, there's still no detailed information on the "material weaknesses" CS reported, right? Everything that's happening right now is essentially self-reinforcing panic that this might be the big one?
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Mar 15, 2023 18:51
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SKULL.GIF posted:Anyway audit the Fed and abolish fractional reserve banking. vote ron paul
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Mar 15, 2023 18:51
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what have you missed? oh i'd say about 15 years
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Mar 15, 2023 18:51
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if you have some time to kill this Mark Blyth talk gets into banking failures a bit. https://www.youtube.com/watch?v=JQuHSQXxsjM Probably more and more relevant as we go.
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Mar 15, 2023 18:51
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https://twitter.com/MktsInsider/sta...ingawful.com%2F Lmao
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Mar 15, 2023 18:51
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Obama drink the Suisse
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Mar 15, 2023 18:52
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Paradoxish posted:So just to clarify, there's still no detailed information on the "material weaknesses" CS reported, right? Everything that's happening right now is essentially self-reinforcing panic that this might be the big one? Yes
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Mar 15, 2023 18:52
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the assad curse has struck the financial system
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Mar 15, 2023 18:52
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would be funny if all the startups still died after being bailed out
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Mar 15, 2023 18:52
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Die Schweiz, die
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Mar 15, 2023 18:53
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there is infinite money at the federal reserve
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Mar 15, 2023 18:53
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triple sulk posted:would be funny if all the startups still died after being bailed out Because of the very public failure of SVB (along with the end of ZIRP) banks are gonna be a lot more careful lending money out to idiotic startups going forward, which is itself gonna dry up a lot of these startups.
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Mar 15, 2023 18:53
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It's happening (again) 
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Mar 15, 2023 18:53
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Paradoxish posted:So just to clarify, there's still no detailed information on the "material weaknesses" CS reported, right? Everything that's happening right now is essentially self-reinforcing panic that this might be the big one? That matches what I’ve read. It was enough to trigger doubt in the performance numbers they were giving, but not specific enough to help industry analysts give them the benefit of the doubt.
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Mar 15, 2023 18:53
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SKULL.GIF posted:You know how SVB collapsed even though it had like 95% of assets to its deposits? If they just straight up sold all its assets the depositors would've gotten at worst a 5% haircut. It took only a relatively small bank run for SVB to trigger insolvency. and every time they do a stress test they declare themselves really solid cause they have all these things they can do to weather a crisis but all those things are all "as is" tools and a crisis is itself a change from "as is"
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Mar 15, 2023 18:54
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Pittsburgh Fentanyl Cloud posted:I didn't know we had that sort of power Well I can only ruin my own life, no threat of contaigion.
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Mar 15, 2023 18:54
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Paradoxish posted:So just to clarify, there's still no detailed information on the "material weaknesses" CS reported, right? Everything that's happening right now is essentially self-reinforcing panic that this might be the big one? the material weakness is that its credit suisse
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Mar 15, 2023 18:54
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Paradoxish posted:So just to clarify, there's still no detailed information on the "material weaknesses" CS reported, right? Everything that's happening right now is essentially self-reinforcing panic that this might be the big one? DrPossum posted:da red ink goes fasta
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Mar 15, 2023 18:54
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SKULL.GIF posted:Because of the very public failure of SVB (along with the end of ZIRP) banks are gonna be a lot more careful lending money out to idiotic startups going forward, which is itself gonna dry up a lot of these startups. for sure, and i should have said "instantly" die in the same vein as if svb wasn't bailed out
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Mar 15, 2023 18:54
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lmao if the chatgpt prediction for the 15th turns out to be (inadvertently and ironically) accurate due to dumb luck, but lol if I don't hoot n hollar for future predictions based off this
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Mar 15, 2023 18:55
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Suisse Family Robinson
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Mar 15, 2023 18:55
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Vova wins again, Mr. Brandon.
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Mar 15, 2023 18:55
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| # ? May 24, 2024 10:54 |
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SVB went down because Peter Thiel spread a rumor it has herpes
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Mar 15, 2023 18:55
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