(Thread IKs:
skooma512)
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Bar Ran Dun posted:shareholders =! depositors I still fondly remember when Maurice 'Hank' Greenberg sued the Fed for breaching fiduciary duty towards AIG shareholders, with the trial court saying they exceeded authority but the value of AIG at takeover was $0 so he was entitled to no damages.
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Mar 13, 2023 01:45
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| # ¿ May 12, 2024 12:42 |
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Mr Hootington posted:This was such a monumental mistake that will have unforeseen consequences. *Homer Simpsonishly* No it isn't!
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Mar 13, 2023 03:06
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Impose a 100% wealth tax on any assets over $250,000 - bing bong, so simple!
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Mar 13, 2023 03:11
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euphronius posted:I guess 6% inflation is the new floor NUMBER. GO. UP!
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Mar 13, 2023 03:20
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 Mah clean coal company!
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Mar 13, 2023 03:25
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SKULL.GIF posted:Ryan Maue is a rightoid who worked for Cato. He's mocking the climate companies. CATO
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Mar 13, 2023 03:28
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euphronius posted:did rich people fail a bank on purpose to slow down Jerome ? If I was Jerome Powell, I'd double the rate increase for this month just to show them who's boss. 
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Mar 13, 2023 03:38
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Nix Panicus posted:About that No worries since someone bought those bonds! Bing bong!
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Mar 13, 2023 03:55
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comedyblissoption posted:clipping unsecured deposits for any amount would trigger a bankrun, defeating the claimed anti-bankrun premise so you might as well not have done it in the first place Can't have a bank run if you block withdrawals like it's 1940s Germany with their stock market! *taps head*
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Mar 13, 2023 04:10
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eXXon posted:Your mom is dead wrong, it's in a giant vault in a volcano and a centuries-old dragon is sleeping on it and if you wake the dragon by taking even one coin it will lay waste to the entire countryside in revenge. I'm rooting for the dragon!
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Mar 13, 2023 04:11
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SKULL.GIF posted:Bitchcoin is up 11.3%. All is well. Infinite bull market They're money laundering is being fully backstopped by the FDIC - why wouldn't they be happy? 
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Mar 13, 2023 04:27
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anime was right posted:good thing the government has infinite money to prevent any and all failures  They just need to keep minting Trillion dollar coins!
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Mar 13, 2023 04:32
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Ramrod Hotshot posted:I don’t expect tomorrow to be Black Monday but this does feel like beginning of a major reckoning There will never be a reckoning, OP - they'll simply do more-and-more elaborate cover-ups ad infinitum. Embrace it!
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Mar 13, 2023 04:41
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Nix Panicus posted:Full blown, full automated *gay* luxury space communism. I stand ready to gently caress and suck whomever Chairman Xi decrees. *Chairman Xi points to Henry Kissinger*
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Mar 13, 2023 04:44
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Cpt_Obvious posted:BoE is, like, a government bank right? Yes, and George Soros slapped them around during Black Wednesday.
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Mar 16, 2023 01:08
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Who has supreme jurisdiction to seize a multnational bank like Credit Suisse, anyway?
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Mar 16, 2023 04:15
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forkboy84 posted:It's just such a good summary of the braindead neoliberalism, it's the logical extension of "too big to fail". Now it's too big to fail so we have to guarantee their dumb & dumber risks. Counterpoint: Herbert Hoover didn't get re-elected after he let Andrew Mellon do that. 
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Mar 16, 2023 13:44
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First Republic Bank is down 1/3 premarket... 
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Mar 16, 2023 14:15
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webcams for christ posted:CS and UBS are kind of rotating villains. in 2008, UBS got the biggest bailout in Swiss history with an emergency 9.3% stake at 6 Billion CHF, plus a 62 billion franc guarantee for for bad securities. now the shoe's on the other foot. if Credit Suisse actually somehow survives and completes restructuring, they may win back some reputation as having "reformed" just in time for tons of UBS crimes to come to light Just shotgun marry Credit Suisse and UBS - bing bong, so simple!
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Mar 16, 2023 15:17
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Pepe Silvia Browne posted:it's called 'dreaming' Weird way to spell 'delusion', OP.
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Mar 16, 2023 15:26
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Mr Hootington posted:Ok so when we force everyone back to work make sure they no longer have benefits. That will show them Simply imprison everyone and use the 13th Amendment carveout for imprisoned slave labor. Bing bong, so simple!
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Mar 16, 2023 15:27
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Pittsburgh Fentanyl Cloud posted:95 million Americans are on a medical assistance program meant for the destitute. "Bootstraps yourselves, bitches."  .txt
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Mar 16, 2023 15:32
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ETA until she and Macron are hauled via cart to Lady Guillotine?
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Mar 16, 2023 16:03
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webcams for christ posted:Banking Secrecy is Swiss Culture cmon Not since they threw in the towel and agreed to FATCA/FBAR/etc. disclosures to FinCEN/etc. after the UBS leak scandal about a decade ago, OP.
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Mar 16, 2023 20:13
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Nonsense posted:https://twitter.com/daviddancer/status/1636134437514784768?s=20 Ticketmaster's existence retroactively justify Bill Graham's death. 
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Mar 17, 2023 00:54
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Wow, only $30,000/year to be on a literal plague ship!
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Mar 17, 2023 01:28
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First Republic Bank down 1/4 today despite the 'backing' - looking pretty good! 
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Mar 17, 2023 16:57
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webcams for christ posted:who doesn't love a good heist The LME is the same one that voided the nickel exchanges and then got sued by Elliott Management, Jane Street, etc. for breaching their contracts, right? Maybe they took that nickel to sell in order to pay them off...
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Mar 17, 2023 18:39
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So First Republic Bank cratered 40% today? Sounds good.  
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Mar 18, 2023 00:52
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A Bakers Cousin posted:lol warren buffet with a steel chair to the local banks Buffet is J.P. Morgan as today is to the Panic of 1907! *taps head*
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Mar 18, 2023 01:26
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SKULL.GIF posted:Lol they waited until the weekend kicked off to post the downgrade. Monday is gonna be grim. Didn't other credit agencies alright poo poo all over FRB?
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Mar 18, 2023 01:56
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Pidgin Englishman posted:Linear transformations god I am in love with the mystic bull poo poo of finance It's called reading entrails, buddy!
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Mar 18, 2023 02:50
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Rectal Death Adept posted:I guess I could try and save it but all of the crew quit because I refused to pay anything other than minimum wage Could have told them that they'd get on TV via "Below Deck" and so they should be happy! *taps head*
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Mar 18, 2023 04:44
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Frosted Flake posted:Why are Americans like this? Because it was spawned as a demon cracker nation called , OP. 
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Mar 18, 2023 16:42
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Mr Hootington posted:We need little flags next to each of our usernames that is the country the poster lives in so I can tell Canadians or Euros to go gently caress themselves when they effort post at me about needing to vote or shielding some insanely awful policy being implemented. French Goon: "Vote!" *Gets owned by the Prime Minister bypassing Parliament without having to have a vote* US Goon: "Welcome to the party, pal!"
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Mar 18, 2023 18:54
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The Atomic Man-Boy posted:I saw the avatar and read the text and thought it was a Don Hughes post. I thought it was Garth Marenghi.
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Mar 18, 2023 19:46
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Paradoxish posted:That letter from midsize banks is 100% correct that Yellin's statements have potentially created a huge banking crisis. Not for the people that matter!
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Mar 19, 2023 00:36
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Frosted Flake posted:Can someone explain that thing where JP Morgan personally called all the bankers together to save the economy at the turn of the last century? JP Morgan basically demanded letting him merge US Steel in return for staunching the Panic of 1907 caused by the Knickerbocker Trust Company loving up, and Theodore "Anti-Trust" Roosevelt was pro-monopoly in this case (supposedly one of things that pissed off Roosevelt in 1912 at his successor, William Howard Taft, was that Taft had the DOJ sue US Steel as violating Anti-Trust law, but the courts sided with JP Morgan/US Steel because Lochner Court.
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Mar 19, 2023 02:04
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Al! posted:all he wants to do is immiserate working class people for the gain of the ultra wealthy, "How could the former Rothschild & Co investment banker sell us out?! Also, why is he praising Marshal Pétain?! "
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Mar 19, 2023 03:35
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| # ¿ May 12, 2024 12:42 |
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ETA until the Saudis threaten to embargo Switzerland if they get even $.01 shaved?
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Mar 19, 2023 17:23
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