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(Thread IKs: skooma512)
 
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HallelujahLee
May 3, 2009

pissecoin

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coelomate
Oct 21, 2020


response form the normies in my life:

1. Credit Suisse?
2. UBS?
3. Is that bad?

:staredog:

Delta-Wye
Sep 29, 2005

coelomate posted:

response form the normies in my life:

1. Credit Suisse?
2. UBS?
3. Is that bad?

:staredog:

its great!

buy beans

webcams for christ
Nov 2, 2005

I still can't get over Adam Tooze's comments on CS days before Saudi Arabia's and Quatar's $3 Billion investment in October 2022

https://twitter.com/dannybuerkli/status/1637497885028745218

Morbus
May 18, 2004

PoundSand posted:

Remote work caused the bank to have an upside down portfolio that was insolvent?

nobody wants to deposit anymore

err
Apr 11, 2005

I carry my own weight no matter how heavy this shit gets...

webcams for christ posted:

I still can't get over Adam Tooze's comments on CS days before Saudi Arabia's and Quatar's $3 Billion investment in October 2022

https://twitter.com/dannybuerkli/status/1637497885028745218

https://www.youtube.com/watch?v=1L8kYsXg5jQ

coelomate
Oct 21, 2020


CNN top of the hour on Trump tweeting about bla bla bla. Instead of, you know, one of the 30 “Global Systemically Important Financial Institution” failing

e: ah, there it is. 30 second segment at x:10 before the commercial and a pivot to Ukraine.

err
Apr 11, 2005

I carry my own weight no matter how heavy this shit gets...
https://twitter.com/lisaabramowicz1/status/1637530212039532544

Cpt_Obvious
Jun 18, 2007

Wtf bonds can just disappear?

Nothus
Feb 22, 2001

Buglord
lol the guys betting on the bonds got owned bigtime

webcams for christ
Nov 2, 2005

hell yeah they can and it rules

Horseshoe theory
Mar 7, 2005

Nothus posted:

lol the guys betting on the bonds got owned bigtime

Not if someone like Elliott Management buys up the bonds for peanuts and then sues the Swiss government like they did with Argentina! *taps head*

JAY ZERO SUM GAME
Oct 18, 2005

Walter.
I know you know how to do this.
Get up.


seems good

webcams for christ
Nov 2, 2005

cope

https://twitter.com/FirstSquawk/status/1637533180541427714https://twitter.com/FirstSquawk/status/1637533690761826306

euphronius
Feb 18, 2009

that seems like a definition of too big to fail

fits my needs
Jan 1, 2011

Grimey Drawer
https://twitter.com/WSJ/status/1637533169342717953?s=20

coelomate
Oct 21, 2020


Cpt_Obvious posted:

Wtf bonds can just disappear?

debt is all made up hth

SKULL.GIF
Jan 20, 2017


It kinda feels self-defeating to come out and publicly announce "We are being VEWY VEWY careful to prevent a market panic."

webcams for christ
Nov 2, 2005

even Bloomberg isn't buying it

https://twitter.com/lisaabramowicz1/status/1637534412278472709

Nothus
Feb 22, 2001

Buglord
My "THIS IS NOT A CLASSIC TOO BIG TO FAIL SITUATION" t-shirt, etc. etc.

JustFollowingOrder
Mar 3, 2023

by vyelkin

PoundSand posted:

Remote work caused the bank to have an upside down portfolio that was insolvent?

Morbus posted:

nobody wants to deposit anymore

no, it was pricing their debt backwards to historical normal

a.lo
Sep 12, 2009

Commercial solution sounds business-like and smart. No wonder they get to have and hold all the money

FlapYoJacks
Feb 12, 2009
Il sangue domani?

triple sulk
Sep 17, 2014



can the economy die yet

i assume no, never

PoundSand
Jul 30, 2021

Also proficient with kites

I'm gonna take a guess and assume the article simply never answers or even addresses the idea that working hard doesn't get you rewarded anymore (if it ever did?) and this so pervasive that everyone knows it.

RealityWarCriminal
Aug 10, 2016

:o:
when is a bailout not a bailout? when is a recession not a recession?

worst ever at ping-pong
Jun 11, 2010


RealityWarCriminal posted:

when is a bailout not a bailout? when is a recession not a recession?

I knew we shouldn’t have put the Riddler in charge of the economy

webcams for christ
Nov 2, 2005

SKULL.GIF posted:

It kinda feels self-defeating to come out and publicly announce "We are being VEWY VEWY careful to prevent a market panic."

yeah speaking of that

https://twitter.com/financialjuice/status/1637537913712910336

SKULL.GIF
Jan 20, 2017


Wh-wh-wh-hwaaaaaaat?!

quote:

Since the onset of the pandemic, several employees have asked for more pay when managers asked that they do more work, she says. “It was not like that before Covid at all,” she adds.

In context of above, this paragraph is extremely openly announcing that they're not doing it to find "above and beyond", they're doing it to deliberately underpay these workers:

quote:

ZED Digital President Sumithra Jagannath says her company recently moved about 20 remote engineering and marketing roles to Canada and India, where she says it’s easier to find workers who will go above and beyond.

Parasitical scum.

RealityWarCriminal
Aug 10, 2016

:o:
I'd be resilient too if I were backed by the infinite money printer

euphronius
Feb 18, 2009

yeah what about that inflation tho

webcams for christ
Nov 2, 2005

REMAIN CALM CITIZENS

https://twitter.com/financialjuice/status/1637538923135000578

err
Apr 11, 2005

I carry my own weight no matter how heavy this shit gets...

SKULL.GIF posted:

Parasitical scum.

Sounds about right

euphronius
Feb 18, 2009

I’m glad banks have all that capital.

SKULL.GIF
Jan 20, 2017


SAFE

RESILIENT

SOUND

ROBUST

STRONG

Woke Mind Virus
Aug 22, 2005

SKULL.GIF posted:

SAFE

RESILIENT

SOUND

ROBUST

STRONG


ROCK HARD

SKULL.GIF
Jan 20, 2017



SOFT LANDING

sd6
Jan 14, 2008

This has all been posted before, and it will all be posted again

Cpt_Obvious posted:

Wtf bonds can just disappear?

Yeah it's just like shareholders getting wiped out, like with SVB. That's the risk you take with corporate bonds, if the org goes into bankruptcy or the like, you don't get your principal back

silicone thrills
Jan 9, 2008

I paint things

THE FUNDAMENTALS OF THE MARKET ARE STRONG

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webcams for christ
Nov 2, 2005

and finally the ECB statement

https://twitter.com/ecb/status/1637537772264194048

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