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2023-03-16 Economy
SVB collapse: Bank fallout shines spotlight on $620 billion hole in banking sector
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Posted by badanov 2023-03-16 00:00|| || Front Page|| [12 views ]  Top

#1 
Posted by badanov 2023-03-16 00:48||   2023-03-16 00:48|| Front Page Top

#2 
Posted by Frank G 2023-03-16 06:33||   2023-03-16 06:33|| Front Page Top

#3 Couple zingers.

Say....is that the amount which has been donated to Ukraine?
Posted by swksvolFF 2023-03-16 11:53||   2023-03-16 11:53|| Front Page Top

#4 I encourage Mike Lindell to buy the bank for pennies on the dollar. No real reason for him to do it. I just want to see some heads explode.
Posted by Super Hose 2023-03-16 12:04||   2023-03-16 12:04|| Front Page Top

#5 "unrealized potential losses"

This is double weasel-wording. "Unrealized"--which means that they will be un-unrealized as soon as interest rates start back down again and their bond portfolios stabilize. Panicking over monthly or quarterly swings is just dumb.

"Potential" means that it may never happen (see above comment on the interest rate cycle.) 'Nuff said.
Posted by Tom 2023-03-16 13:47||   2023-03-16 13:47|| Front Page Top

#6 btw, turns out there was a lot of China Commie money in SVB - above the $250k limit

they will get their $$ back
Posted by lord garth 2023-03-16 18:13||   2023-03-16 18:13|| Front Page Top

#7 So the Fed is causing these failures?
Posted by Sock Puppet of Doom  2023-03-16 20:26||   2023-03-16 20:26|| Front Page Top

23:59 Skunky Fillmore2938
23:54 Skunky Fillmore2938
23:53 Skunky Fillmore2938
23:35 Skunky Fillmore2938
20:26 Sock Puppet of Doom
20:13 Skunky Fillmore2938
20:01 NoMoreBS
19:49 Skidmark
19:44 Skidmark
19:35 Skidmark
19:35 SteveS
19:33 Rex Mundi
19:27 Skidmark
19:25 Rex Mundi
19:23 NoMoreBS
19:20 Rex Mundi
19:18 Frank G
18:13 lord garth
18:12 jpal
18:05 SteveS
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16:59 lord garth









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