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bob dobbs is dead posted:this may be thiels "stole from other rich peeps" moment, now that i think about it. theres some litigated free speech carveouts specifically for causing bank runs 
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Mar 11, 2023 19:36
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PIZZA.BAT posted:the problem is companies needing the money now, not 'you'll get it eventually' good point
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Mar 11, 2023 19:57
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Pinterest Mom posted:they certainly *want* that to happen. this guy should be in loving jail.
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Mar 12, 2023 18:49
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bob dobbs is dead posted:i mean, svb peeps didnt line up, they got wires well, https://mobile.twitter.com/BrianRoemmele/status/1634254882046889986
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Mar 12, 2023 18:49
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bob dobbs is dead posted:bank runs are generically just contagious like that, whether peeps want it to happen or not a lot of vcs and tech folks have spent all weekend sowing FUD online.
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Mar 12, 2023 18:51
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anyways you dont gotta hand it to them but i will definitely laugh at the vcs spending the last several years just outright supporting republican party ideals, the bank itself successfully lobbying the trump admin to lower liquidity stress requirements, and then this happens and the olive branch the Trumps extend is "your bank failed because it's TOO GAY buh bye sweetheart" https://mobile.twitter.com/DonaldJTrumpJr/status/1634921788068204544
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Mar 12, 2023 18:56
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mystes posted:I mean I think you're overthinking it kind of? It's as simple as "bad thing happened? oh, okay it's because of [insert current bogeyman/talking point]" i know thats not literally what happened im just having fun
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Mar 12, 2023 19:21
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https://mobile.twitter.com/FlatEartherKitt/status/1634906057796616192
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Mar 12, 2023 19:30
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Beeftweeter posted:lmao "drives a used honda odyssey" as a sympathy point "husband works in manufacturing" (husband is ex-mckinsey consultant, now steel plant exec)
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Mar 12, 2023 19:35
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The_Franz posted:https://twitter.com/ChuckVacuumBeth/status/1634781787942518784 she also scrubbed the pricing page after people caught it lol  https://www.strongsuit.co/strongsuit-pricing
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Mar 12, 2023 19:37
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this is like the exact polar opposite of the icelandic guy being hosed by musk. the absolute least sympathetic people in the universe.
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Mar 12, 2023 19:38
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https://mobile.twitter.com/TheStalwart/status/1634946278269526016
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Mar 12, 2023 19:57
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Jonny 290 posted:ive decided to get inordinately mad about fractional reserve banking, as a stunt good news you have company https://mobile.twitter.com/DavidSacks/status/1634363393498038273 https://mobile.twitter.com/_ali_taylor/status/1634266779592585216
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Mar 12, 2023 20:04
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rotor posted:I think SVB failing is bad. I also think the fed should absolutely not bail them out. yep
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Mar 12, 2023 20:04
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https://twitter.com/modestproposal1/status/1634948185469902850
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Mar 12, 2023 20:05
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Mr. Nice! posted:hey bob dobbs how is breaking quantum computing going? FDIC "safeguarding" uninsured deposits is a just bailout on the sly. Guaranteeing all deposits (vs FDIC) lowers SVB's liabilities, increasing the value of its assets (mostly, its stock). That means whoever buys it will likely pay more for its stock to its owners- a good deal of whom are its executives and venture capital firms who invested in the startups that bank w/ SVB.
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Mar 12, 2023 20:19
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some banks are better at it than others.
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Mar 12, 2023 20:23
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Beeftweeter posted:i hate to sound somewhat chuddy about this but you can't always trust the media to be objective its not good if thats become a "chud" opinion
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Mar 12, 2023 20:24
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Mr. Nice! posted:no more banks are going to eat poo poo because none were in the position of svb and have people trying to withdraw $42bn at once. jason calacancis is trying his best tho.
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Mar 12, 2023 20:29
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rotor posted:i feel like this is another one of those things where internet people immediately become experts in the crisis du jour and im kinda tired of it. idkwtf and i dont think anyone posting about it here k's wtf either so lets all just settle down and lol at all the bullcrap man has an innate will to post.
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Mar 12, 2023 20:51
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bob dobbs is dead posted:it was mortgage securities that time, this time is long dated treasuries its also mortgage securities this time.
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Mar 12, 2023 21:06
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https://twitter.com/TheStalwart/status/1635042718484185088
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Mar 12, 2023 23:19
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rotor posted:well, I;m man enough to admit when i'm wrong it's so over.
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Mar 13, 2023 03:04
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The_Franz posted:markets seem convinced that all the banks collapsing heralds an imminent return to near-zero interest rates and are already pricing it in i noticed this too. the good times are back baybee 
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Mar 13, 2023 17:20
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Powerful Two-Hander posted:what's going on with the $6000 a month todo list woman that decided to make herself the main character yesterday? I forgot her name already she was taken to prison this morning by federal marshals.
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Mar 13, 2023 17:24
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Archduke Frantz Fanon posted:(im guessing that those mortgage backed securities they holding are real fukkin bad) funny how that can happen
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Mar 13, 2023 17:25
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I think we should drop a hydrogen bomb on San Mateo County, California.
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Mar 13, 2023 22:55
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Cybernetic Vermin posted:i do have high hopes for some fallout in at least crypto, and quite possibly this being the little push for a lot of the worst vc garbage as well im just excited to see what completely insane and hosed up takeaways silicon valley and VCs emerge with once the smoke clears. surely a blanket of somber introspection will drape itself over the peninsula any day now.
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Mar 14, 2023 00:13
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Powerful Two-Hander posted:there'll be a startup offering a service that splits all your deposits between hundreds of banks or something like that lol i had that thought when i was out walking today very reasonable expense ratio of course 
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Mar 14, 2023 00:16
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good point. no startup has ever invented a stupider version of something that already exists.
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Mar 14, 2023 00:18
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i'm 5926 Lonyo Ave Detroit Michigan.
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Mar 14, 2023 00:35
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Archduke Frantz Fanon posted:we should introduce a class of mega posts that are like 100 regular posts and make normal posts obsolete youre describing my posts.
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Mar 14, 2023 00:53
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@Jaso n deleted all of his panicky all caps doomsday tweets lol
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Mar 14, 2023 17:19
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this is like a magic eye but the longer you look at it the more it looks like a tim and eric thing.
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Mar 14, 2023 17:29
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Internaut! posted:calling for the extermination of a group of people is cool and good so long as you're quoting a rich white guy from the 19th century the article doesnt even use the word it was just a bad tweet. the article itself is pretty good.
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Mar 14, 2023 17:31
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knox_harrington posted:I can see why bottom left guy was the progressive choice. blue shirt and patterned tie??? mould -> broken you said it brother  
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Mar 14, 2023 17:33
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bob dobbs is dead posted:never seen a hired ceo internal or external shorter than 6', and i dont think i ever will funny to post this on the same page as people talking about lloyd blankfein.
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Mar 14, 2023 18:39
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bob dobbs is dead posted:if you want a proper toxx, i will do one and only one: toxx 3 year out? boring.
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Mar 15, 2023 00:20
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i might be remembering it wrong, but i think its not just retail and the overwhelming majority of all trades happen at open and close.
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Mar 15, 2023 17:38
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$920/mo hoa fee on that thing woof.
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Mar 16, 2023 17:39
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