Snake Posted March 12, 2023 Share Posted March 12, 2023 On 3/11/2023 at 8:18 AM, DriftBusta said: Exactly what scrutiny did they drop? If the measures passed with bipartisan support, tell us again why this was on Trump, and not on the regulators, or the bank management themselves, you dishonest hack? Fuck the scrutiny, I wanna know who 'some bankers' are... ;lol: Easiest trick in the book to snatch a lemming; '(unnamed) experts say...." Hook, line, sinker, bobber, tackle box... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted March 12, 2023 Platinum Contributing Member Share Posted March 12, 2023 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 12, 2023 Share Posted March 12, 2023 https://theintercept.com/2023/03/11/silicon-valley-bank-used-former-mccarthy-staffers-to-weaken-regulations-lobby-fdic/ s'up blamers? Quote Link to comment Share on other sites More sharing options...
Snake Posted March 12, 2023 Share Posted March 12, 2023 10 hours ago, Mainecat said: You stupid fuck. Spend 10 minutes to read why. The Federal Reserve’s high interest rate regime is considered a key catalyst for the fall of SVB, crypto, private equity and start-up ecosystem in the US. High interest rates have resulted in bank’s like SVB earn less on its US treasury and bond portfolio while paying higher on the deposits it held. Amid the likely impact of the problems in US banking sector on the country’s job market, the Fed Chief Jerome Powell was reprimanded last week in a US Senate briefing. It is likely that the US Fed would halt its interest rate hikes next week, analysts said. 3 hours ago, Mainecat said: 16 Banks failed during the Trump administration…… https://www.fdic.gov/bank/historical/bank/ In what could bring back the memories of the 2008 Lehman Brothers fall for the global stock markets, trading in a number of regional US banks was halted on Friday amid a massive sell-off. Some of the affected regional US banks are First Republic, Signature Bank, PacWest Bancorp and Western Alliance Bancorp. Share price of First Republic declined nearly 50 percent, while PacWest Bancorp and Western Alliance Bancorp lost over 30 percent each. The stock price of Signature Bank fell about 25 percent. However, among the major banks, JPMorgan gained 1 per cent, while Citigroup and Morgan Stanley were down about 1.5 percent each. Bank of America and Wells Fargo were down nearly 2 per cent each. The mayhem in the US’ regional banking sector has started at the beginning of the week. Panic engulfed the markets on Tuesday when KeyCorp, which sells retail and commercial loans through subsidiaries, warned of elevated risks due to tightening US interest rates and lowered its full year guidance. This was followed by crypto focused bank Silvergate announcing liquidation due to the collapse of crypto exchange FTX in the US. The final straw that sent the global stock markets into a tailspin was the fall of Silicon Valley Bank (SVB). SVB’s share price crashed nearly 60 percent on Thursday. 1 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 12, 2023 Share Posted March 12, 2023 23 hours ago, ArcticCrusher said: Im sure it's all good. https://www.cnbc.com/video/2023/03/10/svb-execs-sell-stock-ahead-of-collapse-as-part-of-a-pre-planned-program.html i see you are still doing research on Twitter Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 12, 2023 Share Posted March 12, 2023 9 minutes ago, Snake said: The Federal Reserve’s high interest rate regime is considered a key catalyst for the fall of SVB, crypto, private equity and start-up ecosystem in the US. High interest rates have resulted in bank’s like SVB earn less on its US treasury and bond portfolio while paying higher on the deposits it held. Amid the likely impact of the problems in US banking sector on the country’s job market, the Fed Chief Jerome Powell was reprimanded last week in a US Senate briefing. It is likely that the US Fed would halt its interest rate hikes next week, analysts said. In what could bring back the memories of the 2008 Lehman Brothers fall for the global stock markets, trading in a number of regional US banks was halted on Friday amid a massive sell-off. Some of the affected regional US banks are First Republic, Signature Bank, PacWest Bancorp and Western Alliance Bancorp. Share price of First Republic declined nearly 50 percent, while PacWest Bancorp and Western Alliance Bancorp lost over 30 percent each. The stock price of Signature Bank fell about 25 percent. However, among the major banks, JPMorgan gained 1 per cent, while Citigroup and Morgan Stanley were down about 1.5 percent each. Bank of America and Wells Fargo were down nearly 2 per cent each. The mayhem in the US’ regional banking sector has started at the beginning of the week. Panic engulfed the markets on Tuesday when KeyCorp, which sells retail and commercial loans through subsidiaries, warned of elevated risks due to tightening US interest rates and lowered its full year guidance. This was followed by crypto focused bank Silvergate announcing liquidation due to the collapse of crypto exchange FTX in the US. The final straw that sent the global stock markets into a tailspin was the fall of Silicon Valley Bank (SVB). SVB’s share price crashed nearly 60 percent on Thursday. WASHINGTON (Reuters) - President Donald Trump on Wednesday said he still strongly believes the Federal Reserve should have negative interest rates, but gave a modicum of approval to Fed Chair Jerome Powell who said earlier in the day the central bank would not lower rates beyond zero. https://www.reuters.com/article/us-usa-fed-trump-rates-idUSKBN22P38I lord, the single mind frame stupidity and lack of perspective on this forum is utterly astonishing. Obama or Romney Snake? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13, 2023 Share Posted March 13, 2023 20 minutes ago, Crnr2Crnr said: https://www.cnbc.com/video/2023/03/10/svb-execs-sell-stock-ahead-of-collapse-as-part-of-a-pre-planned-program.html i see you are still doing research on Twitter They also paid out bonuses early Friday. I see youre still ignorant Karen. 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 13, 2023 Share Posted March 13, 2023 6 minutes ago, ArcticCrusher said: They also paid out bonuses early Friday. I see youre still ignorant Karen. oh, I'll never be as enlightened as you great enlightened one 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 13, 2023 Share Posted March 13, 2023 The feds flip flopped within hours of yellen’s fear speech. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 13, 2023 Share Posted March 13, 2023 20 minutes ago, ArcticCrusher said: They also paid out bonuses early Friday. I see youre still ignorant Karen. Typical corporate America. The entire system is incestuous joos. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13, 2023 Share Posted March 13, 2023 31 minutes ago, Crnr2Crnr said: oh, I'll never be as enlightened as you great enlightened one No you never will. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted March 13, 2023 Platinum Contributing Member Share Posted March 13, 2023 18 minutes ago, spin_dry said: Typical corporate America. The entire system is incestuous joos. They really are. " gee you drove our business into the ground, here take this bonus then take a shit on the lobby floor on your way out the door " 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted March 13, 2023 Share Posted March 13, 2023 Just now, steve from amherst said: They really are. " gee you drove our business into the ground, here take this bonus then take a shit on the lobby floor on your way out the door " They all talk to one another. The circle is small. They all knew this was coming. They’ll all get rich off it as well. When the ruling on mandatory cash reserves went from 10% to zero back in 2020, they robbed the place blind. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 13, 2023 Share Posted March 13, 2023 https://www.reuters.com/business/finance/new-york-state-regulators-close-signature-bank-2023-03-12/ Quote Link to comment Share on other sites More sharing options...
Snake Posted March 13, 2023 Share Posted March 13, 2023 12 hours ago, Mainecat said: You stupid fuck. Spend 10 minutes to read why. 1 hour ago, Snake said: The Federal Reserve’s high interest rate regime is considered a key catalyst for the fall of SVB, crypto, private equity and start-up ecosystem in the US. High interest rates have resulted in bank’s like SVB earn less on its US treasury and bond portfolio while paying higher on the deposits it held. Amid the likely impact of the problems in US banking sector on the country’s job market, the Fed Chief Jerome Powell was reprimanded last week in a US Senate briefing. It is likely that the US Fed would halt its interest rate hikes next week, analysts said. In what could bring back the memories of the 2008 Lehman Brothers fall for the global stock markets, trading in a number of regional US banks was halted on Friday amid a massive sell-off. Some of the affected regional US banks are First Republic, Signature Bank, PacWest Bancorp and Western Alliance Bancorp. Share price of First Republic declined nearly 50 percent, while PacWest Bancorp and Western Alliance Bancorp lost over 30 percent each. The stock price of Signature Bank fell about 25 percent. However, among the major banks, JPMorgan gained 1 per cent, while Citigroup and Morgan Stanley were down about 1.5 percent each. Bank of America and Wells Fargo were down nearly 2 per cent each. The mayhem in the US’ regional banking sector has started at the beginning of the week. Panic engulfed the markets on Tuesday when KeyCorp, which sells retail and commercial loans through subsidiaries, warned of elevated risks due to tightening US interest rates and lowered its full year guidance. This was followed by crypto focused bank Silvergate announcing liquidation due to the collapse of crypto exchange FTX in the US. The final straw that sent the global stock markets into a tailspin was the fall of Silicon Valley Bank (SVB). SVB’s share price crashed nearly 60 percent on Thursday. It's been well over 10 minutes bruh... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted March 13, 2023 Platinum Contributing Member Share Posted March 13, 2023 (edited) Edited March 13, 2023 by Jimmy Snacks Quote Link to comment Share on other sites More sharing options...
Snake Posted March 13, 2023 Share Posted March 13, 2023 Gonna be interesting to see all those who had a hemorrhage back in 2008 change their tunes now that the dems are in charge.... Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13, 2023 Share Posted March 13, 2023 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted March 13, 2023 Platinum Contributing Member Share Posted March 13, 2023 Just now, ArcticCrusher said: 😂 Beat me to it. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13, 2023 Share Posted March 13, 2023 Just now, Jimmy Snacks said: 😂 Beat me to it. Wall Street is good shit. 1 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13, 2023 Share Posted March 13, 2023 Well I'll be. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted March 13, 2023 Platinum Contributing Member Share Posted March 13, 2023 @ArcticCrushernever let a good conspiracy go to waste Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13, 2023 Share Posted March 13, 2023 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted March 13, 2023 Share Posted March 13, 2023 love it when people post shit like this and commenters don't get the joke... Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted March 13, 2023 Share Posted March 13, 2023 1 minute ago, SnowRider said: @ArcticCrushernever let a good conspiracy go to waste Grow a chin. Quote Link to comment Share on other sites More sharing options...
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