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SVB Implosion

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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,623 Founders Club
    The Wa Mu collapse made me a Chase customer over night. Chase expanded their footprint to every Wa Mu branch for pennies on the dollar

    I'm still there. If Chase fails then everything is gone anyway. America's bank

    Also did well flipping Chase Banks. Got introduced by a GC that did conversions from Wa Mu to Chase then the multiple remodals

    Quite an industry
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  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club
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  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,741 Founders Club
    RaceBannon said:

    The Wa Mu collapse made me a Chase customer over night. Chase expanded their footprint to every Wa Mu branch for pennies on the dollar

    I'm still there. If Chase fails then everything is gone anyway. America's bank

    Also did well flipping Chase Banks. Got introduced by a GC that did conversions from Wa Mu to Chase then the multiple remodals

    Quite an industry

    Yep. Chase. BoA. Wells Fargo. If any of those three fail we are knifing each other in the streets for dog meat anyway so it doesn't matter at that point. I'd never bank with some regional, local or specialty bank. Go big or get fucked.
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  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club
    edited March 2023
    Swaye said:

    RaceBannon said:

    The Wa Mu collapse made me a Chase customer over night. Chase expanded their footprint to every Wa Mu branch for pennies on the dollar

    I'm still there. If Chase fails then everything is gone anyway. America's bank

    Also did well flipping Chase Banks. Got introduced by a GC that did conversions from Wa Mu to Chase then the multiple remodals

    Quite an industry

    Yep. Chase. BoA. Wells Fargo. If any of those three fail we are knifing each other in the streets for dog meat anyway so it doesn't matter at that point. I'd never bank with some regional, local or specialty bank. Go big or get fucked.
    But why does @Swaye love him some WEF ESG?

    Axeing for a fren.


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  • 46XiJCAB
    46XiJCAB Member Posts: 20,967
    No bailout for SVB.
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  • Pitchfork51
    Pitchfork51 Member Posts: 27,681
    PurpleThrobber said:

    pawz said:

    Swaye said:

    RaceBannon said:

    The Wa Mu collapse made me a Chase customer over night. Chase expanded their footprint to every Wa Mu branch for pennies on the dollar

    I'm still there. If Chase fails then everything is gone anyway. America's bank

    Also did well flipping Chase Banks. Got introduced by a GC that did conversions from Wa Mu to Chase then the multiple remodals

    Quite an industry

    Yep. Chase. BoA. Wells Fargo. If any of those three fail we are knifing each other in the streets for dog meat anyway so it doesn't matter at that point. I'd never bank with some regional, local or specialty bank. Go big or get fucked.
    But why does @Swaye love him some WEF ESG?

    Axeing for a fren.


    Fuck Wells Fargo. With a red hot rusty AIDS infested cheese grater.

    They all suck so fucking bad
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  • Goduckies
    Goduckies Member Posts: 8,085 Standard Supporter
    PurpleThrobber said:

    pawz said:

    Swaye said:

    RaceBannon said:

    The Wa Mu collapse made me a Chase customer over night. Chase expanded their footprint to every Wa Mu branch for pennies on the dollar

    I'm still there. If Chase fails then everything is gone anyway. America's bank

    Also did well flipping Chase Banks. Got introduced by a GC that did conversions from Wa Mu to Chase then the multiple remodals

    Quite an industry

    Yep. Chase. BoA. Wells Fargo. If any of those three fail we are knifing each other in the streets for dog meat anyway so it doesn't matter at that point. I'd never bank with some regional, local or specialty bank. Go big or get fucked.
    But why does @Swaye love him some WEF ESG?

    Axeing for a fren.


    Fuck Wells Fargo. With a red hot rusty AIDS infested cheese grater.

    Yup they be douches... i left their shady ass after 12 years working there... went to chase, way better company, but crappy incentive. Monthly vs quarterly and cap per customer of 3k vs 15k of wells for icp. Big difference. They didn't like whale hunting. Dumb.
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  • thechatch
    thechatch Member Posts: 7,494 Standard Supporter
    RaceBannon said:

    The Wa Mu collapse made me a Chase customer over night. Chase expanded their footprint to every Wa Mu branch for pennies on the dollar

    I'm still there. If Chase fails then everything is gone anyway. America's bank

    Also did well flipping Chase Banks. Got introduced by a GC that did conversions from Wa Mu to Chase then the multiple remodals

    Quite an industry

    I am the same. Had been with PTCU and then WAMU since 1993
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  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 69,855 Founders Club
    War Room is reporting that 1/3 to 1/2 of the money tied up in SVB is linked to the Chinese Communist Party. If true, this adds a new wrinkle to the mess.
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