(Thread IKs:
skooma512)
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So did that guy who bought sbv stock make the right call
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Mar 13, 2023 00:41
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| # ¿ May 10, 2024 14:51 |
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SKULL.GIF posted:No. SVB is dead. Their stock is worth $0.00. Good
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Mar 13, 2023 00:47
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Nix Panicus posted:lmao just remembered that extended SNAP benefits ended last week because they just couldn't find the money to keep it going Bitcoin just spiked like 10 percent because the highly paid silicon valley employees who are absolutely driving inflation in housing, cars etc (despite producing nothing tangible like food or car parts) immediately started speculating with their money again Gonna love seeing more demand for unemployment, but for poors only, by Money Experts this summer
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Mar 13, 2023 00:57
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euphronius posted:lol they just gave them free money ? Just sell all your toxic assets to the fed at 2-3x their actual value and use it to buy non toxic assets. That's increasing liquidity in the market baby!!! Not a bailout!!
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Mar 13, 2023 01:00
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Mr Hootington posted:People at my work are starting to talk and get antsy about this. I can overhear them saying ALL banks are having runs and are failing and people need to get their money out now. so what you're saying is it's time to put a big order of legos on my credit card
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Mar 13, 2023 15:03
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In Training posted:What is even prompting these sell offs. SVB got bailed out in like 24 hours, why would anybody be afraid of bank liquidity at this point. the shareholders didn't get bailed out. so what you want to do is take all your money out of owning companies and instead just deposit all that money with the company without worrying you can lose it, because the fed has now said you can't
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Mar 13, 2023 15:19
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what's this? ?? i'm getting word that the fed is going to backstop all stock ownership so that no losses can happen if the share price drops?? ok panic is over now im sure
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Mar 13, 2023 15:20
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Willa Rogers posted:The federal government paused screening for Medicaid qualification in March 2020 as part of a package of emergency pandemic measures. But those rules expire this year after several extensions, meaning states can resume evaluating whether residents are eligible for coverage as of April 1. The Kaiser Family Foundation has predicted that anywhere from 5.3 million to 14.2 million Americans could lose insurance in the process, though some could transfer to Affordable Care Act programs or employer-sponsored plans, if available. this goes way back but wasn't one of the big things about ppaca and the court case that the expanded medicaid could really impact state finances and that's why a bunch of them sued to get rid of the mandate? There was some sort of grant money to fund medicaid but no guarantee it would exist in the future.
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Mar 13, 2023 20:02
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Jaxyon posted:applerankings.com says you have mislead me Genius apple name
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Mar 14, 2023 01:25
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All I know is that red delicious is garbage cardboard promoted by Big Apple through brainwashing impressionable children into thinking it's what apples should look like (square , ugly)
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Mar 14, 2023 02:06
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Paradoxish posted:It's fun how everything is going to absolute poo poo well before the economy is actually in recession. All the big brain optimist economists keep screaming that there's no recession but, like, it'd almost be better if we were there already. Endless inflation, consumer credit spiraling out of control, bank failures, loan delinquencies, and all this is just the pre-show. Haven't we been in recession for 2 or 3 quarters now but the institutions changed the definitions because of being scared of Trump 24
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Mar 14, 2023 04:39
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Paradoxish posted:The definition of a recession is basically that NBER reads the entrails and decides that we're in one, but you generally need a couple quarters of negative growth alongside rising unemployment so probably not. If the fed can't break the labor market then they probably don't have to ever admit that the economy is in recession. Weird, I thought it was just negative gdp and employment was irrelevant. Ah well might as well spend the rest of my life being on team bad guy banks since it's the only way to pay the bills
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Mar 14, 2023 04:45
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Mr Hootington posted:The rest of the world runs like that The fools! That's why they'll never be #1
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Mar 14, 2023 04:52
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Willa Rogers posted:jesus christ, if this ain't exhibit a in why the twitter files are a public good. lmao. fdic gonna beg the cia for a spot at the Thought Police meetings
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Mar 14, 2023 17:48
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Willa Rogers posted:jamie dimon was already part of the secret working groups with the government that were determining speech that "undermined" our country's fine institutions & thus needed to be censored. that rules bankers participating in a shadowy cabal? true but also hate speech.
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Mar 14, 2023 17:52
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Eric Cantonese posted:Why are you guys all panting over that Thomas Massie guy. He sounds like an rear end in a top hat. if a republican quotes a democrat saying something bad, the republican's badness undoes the democrat's and makes the statement/policy good and it has to now be defended
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Mar 14, 2023 17:54
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Lmao
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Mar 15, 2023 14:58
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look, its really important that people not have food stamps. and also that derivative shares of stolen nazi gold be honored in full after it was lent out foolishly
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Mar 15, 2023 18:08
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Frosted Flake posted:It drives me absolutely apoplectic when I ask for it to depict any historical period I know a good deal about because so much is wrong in very simple ways that you could tell an artist about, or provide reference material to. It does give me a deeper appreciation for history illustrators like Angus McBride though. When it first came out I asked it for a recap of catch 22 and it said yossarian is a pilot. It's kind of impressive in how it'll get the broad strokes right then instantly go off the rails with pretty obvious stuff. Like if you ask it what products a company makes it'll get one right then make up some other ones. Mystifying
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Mar 16, 2023 00:10
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the popes toes posted:So what is it, exactly, that bank risk management types actually do? Cocaine
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Mar 16, 2023 00:25
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Junkiebev posted:I mean, either way, it makes TARP sound quaint as gently caress like grandpa talking about five cent candy bars The TARP originally authorized expenditures of $700 billion. The Emergency Economic Stabilization Act of 2008 created the TARP. The Dodd–Frank Wall Street Reform and Consumer Protection Act, signed into law in 2010, reduced the amount authorized to $475 billion. By October 11, 2012, the Congressional Budget Office (CBO) stated that total disbursements would be $431 billion, and estimated the total cost, including grants for mortgage programs that have not yet been made, would be $24 billion.[1] lmao it was so cheap in hindsight, inflation jokes aside Casey Finnigan posted:didn't south korea just have another scandal where it turned out that yet another weird mystical shaman was running a major part of their country as long as they don't do more human sacrifices by sinking ferries, and also do keep making kick rear end movies like alienoid, all is well no matter how many shamans are around
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Mar 16, 2023 15:35
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Casey Finnigan posted:i love this poo poo cause what are we working such long hours for in the usa. we don't make poo poo. we don't produce anything worthwhile. only poo poo we make is apps and they all suck The mRNA stuff coming online so fast after years of being ignored was a good example of how bad we prioritize things
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Mar 16, 2023 17:14
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Nonsense posted:paid time off isn't a law. make it a law, or don't, whatever Illinois just did, goes into effect next year. It doesn't help gig or contract workers for poo poo though, just like the Chicago ordinance doesn't. It would be better to just have it accrue as extra pay you're due and then you just take unpaid time off when needed
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Mar 16, 2023 17:15
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webcams for christ posted:WSJ reporting the SNB had to provide another 100 Billion to lube the deal up Why did the Saudis do that
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Mar 19, 2023 18:11
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Its going to be really funny when a bank fails in like, France, who can't just issue infinite printed money to backstop it and instead will have to do what, issue 10% interest govt bonds and raise taxes later?
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Mar 19, 2023 18:13
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webcams for christ posted:it's extremely ominous. but the CS bailout/merger was more preemptive, and the assets are not toxic like the MBS were. it was a crisis of leadership and confidence resulting in massive capital outflows and a looming liquidity crunch. CS was never at any time underwater wrt to assets : deposits The banks in 08 weren't underwater either until finally forced to mark their assets to the real values
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Mar 19, 2023 22:05
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Rectal Death Adept posted:the people that think that aren't buying bitcoin or they are of the variety that has such a surface level understanding of currency and cryptocurrency that they believe the propaganda I doubt this is normal but my dad's a prepper, has investments in silver, buried gold, Bitcoin, ammo, solar, sheep, and thousands of pounds of lentils (he has river & creek access on the farm as well for water). He's also invited a few dozen locals to the compound including doctors and has plans to block/destroy nearby bridges
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Mar 19, 2023 23:10
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Raskolnikov38 posted:does he live in waco texas by any chance If only
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Mar 19, 2023 23:36
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Prediction: money printer solves the crisis of the rich crying about the lack of money printer Life progressively gets worse for everyone slowly
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Mar 20, 2023 00:39
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FlapYoJacks posted:Court today in 2.5 hours! post the zoom link so that 40 goons can watch what happens
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Mar 20, 2023 16:50
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Orvin posted:One of my coworkers had a two flat in Chicago, and did Air B&B for the second floor for awhile. He wouldn’t let anyone rent for over 2 weeks, as he didn’t want to come anywhere near the one month tenants rights thing. And that was like 5 years ago. The funny part is thats not how things work in Chicago and the second you have someone in an Airbnb there they can live there for free forever if they know what they're doing (no one knows what they're doing). The police/sheriffs will just say go to court about it we're not gonna give a poo poo Although the really aggressive ones eventually end up with criminal charges but I'm not sure how that actually goes down https://www.beverlyreview.net/news/community_news/article_d36c3ed8-a2cc-11e7-8acb-abf72f31d15d.html https://www.fox32chicago.com/news/second-man-convicted-of-felony-charges-in-squatter-scheme mastershakeman has issued a correction as of 01:36 on Mar 21, 2023 |
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Mar 21, 2023 01:32
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euphronius posted:not allowing landlords to have the power to physically evict people idea is a good idea Landlords should have to have mandatory CLEs about how they aren't allowed to change the locks, cut off utilities, keep client deposits in their own accounts instead of commingling etc My dad took huge advantage of his tenant one year, the guy just wanted to have a couple hundred chickens and my dad tricked him into delivering some lambs in the dead of winter when it hit -30F. I would have said gently caress off . Eventually that guy moved out His new tenant is a hot hippie lady who keeps a couple thousand bees on the path and it's freaky to see them swarm
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Mar 21, 2023 01:41
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anime was right posted:all decisions must be made for the next quarter And also with an eye on the next election. Can't repeat what happened almost 50 years ago! So trumps guys did mass money printing all through his term even before COVID, then bidens guys have to continue it. I'm half convinced the reason the 08 crash was allowed to happen when it did was because everyone was sick of W and he was done with his term anyways
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Mar 21, 2023 16:35
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PawParole posted:https://mobile.twitter.com/villi/status/1638047162440507395 what the hell is 'pmf.' 'product market fit' does that just mean expected customers? so they're raising 30-50million without ever saying who the product is supposed to be sold to?
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Mar 21, 2023 18:26
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skooma512 posted:And you hardly see any media about it outside of Korea itself. IIRC the last major movie production about the Korean war was in the 70s, funded by a religious cult from Korea. You go from WW2 where were the awesome winners, and Vietnam where they kind of have to cover it to get ahead of any inconvenient narratives, but Korea is a failed war that they can safely just tuck away. Presumably part of it is because the hero general pulled off an all time amphibious attack then absolutely hosed up and got relieved of command before he could start nuclear Armageddon
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Mar 23, 2023 00:39
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euphronius posted:I had it down as 50/50 so not I’m not supersized I figured he wouldnt get any money but didn't expect him to owe $300! Presumably that's her court costs ? Time to appeal!!!
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Mar 23, 2023 01:49
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Pittsburgh Fentanyl Cloud posted:I don't know California tenant law, but in PA if they don't send you the charges + remainder of security deposit in time they lose, game over, no recourse. This is pretty loving weird. Talk to your lawyer first. Friend of mine had a landlord say he was keeping her deposit as punishment for her moving out early , acknowledged she had found a replacement and he didn't care. No lawyer would take her case in Chicagoland Then a few years later a light pole rusted out fell over and crushed her in the loop (unconscious, broken leg) and she's trying to sue the city with the #1 law firm but she's probably gonna lose The law is very mysterious
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Mar 23, 2023 02:03
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euphronius posted:do you get de novo appeals in CA from small claims Can you do that anywhere in evictions/small claims?
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Mar 23, 2023 02:06
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euphronius posted:all civil cases in PA small claims are de novo appeals to common pleas That's incredible
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Mar 23, 2023 02:09
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| # ¿ May 10, 2024 14:51 |
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Pittsburgh Fentanyl Cloud posted:The landlord I sued was straight up reasonable compared to that Out of curiosity, how did you collect against him? Did your lawyer handle it and just cut you a check at the end?
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Mar 23, 2023 02:11
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