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SVB Implosion

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  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club
    edited March 2023
    PurpleThrobber said:

    The Throbber got his money back and its being laundered through Ukraine transferred to a more conservative institution . Ka ching. Thanks, comrades suckers.

    @UW_Doog_Bot may have a different economic take - but even though this outcome is personally advantageous, the law of unintended consequences will kick in.

    Backstopping depositors funds, the government has given the banks a never-ending supply of coins for their fuckery.

    By way of analogy, if a casino gambler KNEW he would always have his stake, he'd keep making riskier and riskier bets. Until such time that the risk of the bet far outweighed the reward which is essentially where SVB found itself.

    amirite or no?



    I always dreamed of a backstop at the poker table. I would never lose!

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  • 46XiJCAB
    46XiJCAB Member Posts: 20,967
    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    H just lost interest

    I did?
    RaceBannon said:

    See?

    your folks were first cousins?
    Dodge and deflect since Newsom came up

    Lost interest
    You mean because Newsom hob nobs with the banking crowd? Stop the presses!
    Lobbies for bailout but doesn’t disclose his personal interest in SVB.

    Fuck off.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,623 Founders Club
    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    H just lost interest

    I did?
    RaceBannon said:

    See?

    your folks were first cousins?
    Dodge and deflect since Newsom came up

    Lost interest
    You mean because Newsom hob nobs with the banking crowd? Stop the presses!
    Yeah that's what I mean

    Retard
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  • HHusky
    HHusky Member Posts: 24,363
    edited March 2023
    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    H just lost interest

    I did?
    RaceBannon said:

    See?

    your folks were first cousins?
    Dodge and deflect since Newsom came up

    Lost interest
    You mean because Newsom hob nobs with the banking crowd? Stop the presses!
    Yeah that's what I mean

    Retard
    So you don't think depositors should be made whole and your reason is that Newsom was a depositor.

    deep
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  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club
    pawz said:

    DerekJohnson said:

    This thread will eventually reach 100+ replies and 5k + views

    Careful. That’s actually a surprisingly high bar.

    As an autist who leads a miserable and pathetic life, earlier this year I went back and studied the averages in the Tug. I went back a few hundred pages. Something like 2-3 years worth.

    Taking out the two pinned threads and the meme thread, generally you find you need a shit-poster to drive 100 replies. It’s pretty rare to get over 100 poasts organically. Based on my survey, threads over 300 posts would qualify for a “classics” status.

    PGOSs UKR thread is a perfect storm of shit posting and organic interest. It might be years (plural) before we have another thread that does 1000+ posts.

    I was first and right.

    JFC.


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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,623 Founders Club
    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    H just lost interest

    I did?
    RaceBannon said:

    See?

    your folks were first cousins?
    Dodge and deflect since Newsom came up

    Lost interest
    You mean because Newsom hob nobs with the banking crowd? Stop the presses!
    Yeah that's what I mean

    Retard
    So you don't think depositors should be made whole and your reason is that Newsom was a depositor.

    deep
    Dodge and deflect

    Lost interest
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  • HHusky
    HHusky Member Posts: 24,363
    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    H just lost interest

    I did?
    RaceBannon said:

    See?

    your folks were first cousins?
    Dodge and deflect since Newsom came up

    Lost interest
    You mean because Newsom hob nobs with the banking crowd? Stop the presses!
    Yeah that's what I mean

    Retard
    So you don't think depositors should be made whole and your reason is that Newsom was a depositor.

    deep
    Dodge and deflect

    Lost interest
    So you really don't know what Newsom had to do with anything after all.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,623 Founders Club
    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    H just lost interest

    I did?
    RaceBannon said:

    See?

    your folks were first cousins?
    Dodge and deflect since Newsom came up

    Lost interest
    You mean because Newsom hob nobs with the banking crowd? Stop the presses!
    Yeah that's what I mean

    Retard
    So you don't think depositors should be made whole and your reason is that Newsom was a depositor.

    deep
    Dodge and deflect

    Lost interest
    So you really don't know what Newsom had to do with anything after all.
    Dodge and deflect

    Lost interest

    I was right
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  • HHusky
    HHusky Member Posts: 24,363
    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    H just lost interest

    I did?
    RaceBannon said:

    See?

    your folks were first cousins?
    Dodge and deflect since Newsom came up

    Lost interest
    You mean because Newsom hob nobs with the banking crowd? Stop the presses!
    Yeah that's what I mean

    Retard
    So you don't think depositors should be made whole and your reason is that Newsom was a depositor.

    deep
    Dodge and deflect

    Lost interest
    So you really don't know what Newsom had to do with anything after all.
    Dodge and deflect

    Lost interest

    I was right
    congrats

    of course
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  • Bob_C
    Bob_C Member, Swaye's Wigwam Posts: 13,295 Founders Club
    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    HHusky said:

    RaceBannon said:

    H just lost interest

    I did?
    RaceBannon said:

    See?

    your folks were first cousins?
    Dodge and deflect since Newsom came up

    Lost interest
    You mean because Newsom hob nobs with the banking crowd? Stop the presses!
    Yeah that's what I mean

    Retard
    So you don't think depositors should be made whole and your reason is that Newsom was a depositor.

    deep
    Dodge and deflect

    Lost interest
    So you really don't know what Newsom had to do with anything after all.
    He definitely helped crash the economy.
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