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SVB Implosion
Comments
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Yeah - fuck that shit. The banksters playing their casino game can fuck the fuck off.Bob_C said:
For sure all of that. I’m talking a bigger extortion. Tie whatever bailout is needed to cutting spending in general, Ukraine funding, letting Novak play, etc. Why not.PurpleThrobber said:
The bailout should only be to the extent of deposits.Bob_C said:This one is gonna be dicey. Congress is gonna get a big sales pitch for this one. Hopefully they don’t do it. But if they do, squeeze the shit out of it and get real shit in return.
Then squeeze the shit out of it anything above making those people whole.
But Joe Blow who deposited funds to SVB, they were simply following conventional business practice.
Fuck Oprah, though. The Throbber can be completely hypocritical when it comes to pedo-enablers.
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Not sure if that iSource story is true but man I’m going to laugh if it is… -
The Cuck and bitch losing money is a pleasant news.
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Oh they will get the hook upHoustonHusky said:
Not sure if that iSource story is true but man I’m going to laugh if it is… -
Tech startups are fucked
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Shareholders should lose all their money. But should innocent depositors lose all their money? The one thing I can hold against the depositors would be not depositing in multiple banks. But still...Bob_C said:
That’s the final straw. No bailouts.HoustonHusky said: -
The lesson would be that if you don't know all the details about your bank, then keep it under $250k or buy short term treasuries or stay with a big bank that is too big too fail. In the 2007-2008 liquidity crisis, the Fed stepped in and you were safe with a big bank. Lehman, not so much.
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So who should cover that exactly?DerekJohnson said:
Shareholders should lose all their money. But should innocent depositors lose all their money? The one thing I can hold against the depositors would be not depositing in multiple banks. But still...Bob_C said:
That’s the final straw. No bailouts.HoustonHusky said: -
If there is no risk hazard, then it isn't a free market and I refuse to support the Heads I win, and Tails you pay for my lose. Pay for your own losses.Bob_C said:
So who should cover that exactly?DerekJohnson said:
Shareholders should lose all their money. But should innocent depositors lose all their money? The one thing I can hold against the depositors would be not depositing in multiple banks. But still...Bob_C said:
That’s the final straw. No bailouts.HoustonHusky said: -
