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(Thread IKs: skooma512)
 
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anime was right
Jun 27, 2008

death is certain
keep yr cool

VideoKid posted:

The company I work for had all our money in Signature. Just got a text from my boss “Tomorrow will be fun 🫠”

hahaha gently caress, sorry

we had all our money in svb but we managed to pull it out before the bank run hit in full.

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SKULL.GIF
Jan 20, 2017


mastershakeman posted:

So did that guy who bought sbv stock make the right call

No. SVB is dead. Their stock is worth $0.00.

Spaced God
Feb 8, 2014

All torment, trouble, wonder and amazement
Inhabits here: some heavenly power guide us
Out of this fearful country!



do you think people will look back on this thread like the 08 threads

Koirhor
Jan 14, 2008

by Fluffdaddy
soft landing achieved time to cut rates back to -2%

coelomate
Oct 21, 2020


mastershakeman posted:

So did that guy who bought sbv stock make the right call

no, the stock got deleted with a space laser at like 11am eastern Friday. Anyone holding stock at that time is now holding space laser ash.

Vox Nihili
May 28, 2008

It's been an honor,

anime was right
Jun 27, 2008

death is certain
keep yr cool
if anyone has good content for the OP lmk

VideoKid
Jul 28, 2006

Avatar War

anime was right posted:

hahaha gently caress, sorry

we had all our money in svb but we managed to pull it out before the bank run hit in full.

I was on a call on Friday where the CEO wanted to pull it all out and the CFO was like “you can’t stuff all of our operating capital under a mattress”

coelomate
Oct 21, 2020


Vox Nihili posted:

so does the FDIC have a ton of discretion to choose how it uses the premiums bank pay into it? I always thought their mandate was pretty much set, but maybe they can just decide "lol all deposits are covered for now, because we can"????

FDIC understanders, please explain

There's a special clause that says if enough feds get together, close their eyes, and chant "systematically important" than can use unlimited money to do anything. So they did.

That's numberwang!

Mr Hootington
Jul 24, 2008

coelomate posted:

picking up the old discussion as we parse the new not-a-bailout bailout:

I think this is kinda spot on? The fed has a dual mandate: low inflation and low unemployment.

They're gonna meet and observe low unemployment and high inflation.

Like I GUESS they might say "uh oh scared of banks going kapow" but... they acted forcefully to stop that. I'd put money on a 0.25% increase or more in 10 days TBH.

Yep. This event has allowed them to protect the wealthy and big business from any adverse effects from rate hikes going forward.

Hubbert
Mar 25, 2007

At a time of universal deceit, telling the truth is a revolutionary act.



im bringing my memes over from the old thread as my metaphorical champagne bottle christening

shyduck
Oct 3, 2003


lol lmao

skaboomizzy
Nov 12, 2003

There is nothing I want to be. There is nothing I want to do.
I don't even have an image of what I want to be. I have nothing. All that exists is zero.

they're dead

zetamind2000
Nov 6, 2007

I'm an alien.

Spaced God posted:

do you think people will look back on this thread like the 08 threads

Not unless we start posting more slurs

Koirhor
Jan 14, 2008

by Fluffdaddy

anime was right posted:

if anyone has good content for the OP lmk

Mr Hootington
Jul 24, 2008

anime was right posted:

if anyone has good content for the OP lmk

Follow Wolff
https://twitter.com/profwolff?t=x3ZAQYQaYRXGQ87PBuv0Iw&s=09
Follow Democracy@Work
https://twitter.com/democracyatwrk?t=PktU4NajkHKLhsjyR23uog&s=09
https://youtube.com/@democracyatwrk

I have a lot more but those are the great ones.

zetamind2000
Nov 6, 2007

I'm an alien.

SKULL.GIF posted:

No. SVB is dead. Their stock is worth $0.00.

Buy the dip

mastershakeman
Oct 28, 2008

by vyelkin

SKULL.GIF posted:

No. SVB is dead. Their stock is worth $0.00.

Good

Willa Rogers
Mar 11, 2005

VideoKid posted:

I was on a call on Friday where the CEO wanted to pull it all out and the CFO was like “you can’t stuff all of our operating capital under a mattress”

lol

Xaris
Jul 25, 2006

Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Wrex Ruckus
Aug 24, 2015

blood?

Nothus
Feb 22, 2001

Buglord
It's not name brand Bailout™, it's generic backstopping

anime was right
Jun 27, 2008

death is certain
keep yr cool


wikipedia works quick lol

Jon Irenicus
Apr 23, 2008


YO ASSHOLE

*wrestles money hose away from Yellen for a second, aims directly into mouth*

Brrrmph
Feb 27, 2016

Слава Україні!

anime was right posted:

if anyone has good content for the OP lmk

is big short cringe here? I like this scene

https://youtu.be/A25EUhZGBws

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold

unlikely but we’ll see

Shifty Nipples
Apr 8, 2007

lol, lmao

Vox Nihili
May 28, 2008

I use credit cards for everything because the government will bail out banks before it bails out me!

Mola Yam
Jun 18, 2004

Kali Ma Shakti de!
ASX is heading down

but it's also a weakass market that just follows the lead of larger exchanges. with nothing to follow today, it's just going on momentum from last week. japan opens soon.

Animal-Mother
Feb 14, 2012

RABBIT RABBIT
RABBIT RABBIT

SKULL.GIF posted:

First Republic is likely to be next.

First Republic Says Everything Is Fine.

anime was right
Jun 27, 2008

death is certain
keep yr cool
hope yall like the thread title on this one

someone make hoots IK again

spacemang_spliff
Nov 29, 2014

wide pickle

Raskolnikov38 posted:

unlikely but we’ll see

number go up?

Second Hand Meat Mouth
Sep 12, 2001

:synpa:

Canned Sunshine
Nov 20, 2005

CAUTION: POST QUALITY UNDER CONSTRUCTION



Vox Nihili posted:

so does the FDIC have a ton of discretion to choose how it uses the premiums bank pay into it? I always thought their mandate was pretty much set, but maybe they can just decide "lol all deposits are covered for now, because we can"????

FDIC understanders, please explain

I'm sure the banks paying into the FDIC, all were begging them to do it...

Second Hand Meat Mouth
Sep 12, 2001

ground floor

Raskolnikov38
Mar 3, 2007

We were somewhere around Manila when the drugs began to take hold

probably

Jon Irenicus
Apr 23, 2008


YO ASSHOLE

lemme just get a taste of the money. just a bit. c'mon, gimme the hose

BeanpolePeckerwood
May 4, 2004

I MAY LOOK LIKE SHIT BUT IM ALSO DUMB AS FUCK



ground floor for exciting times!

bvj191jgl7bBsqF5m
Apr 16, 2017

IÃÂÃŒÂÌ° Ó̯̖̫̹̯̤A҉mÃÂ̺̩ Ç̬A̡̮̞̠ÚÉ̱̫ K̶eÓgÃÂ.̻̱̪̕Ö̹̟

SKULL.GIF posted:

No. SVB is dead. Their stock is worth $0.00.

Buy the dip

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Koirhor
Jan 14, 2008

by Fluffdaddy
pokemon go to the atm and WITHDRAW EVERYTHING

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