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re: Any of you angry that you are bailing out SVB?
Posted on 3/13/23 at 8:05 am to TrueTiger
Posted on 3/13/23 at 8:05 am to TrueTiger
quote:No bank can survive a run.
And that is exactly where the big favor came in.
quote:Well they aren’t banks, and they dont have depositors so… i guess you’re right.
I'm not saying it was illegal. But I don't think a fossil fuel company would have gotten such a favor.
0
Posted on 3/13/23 at 8:11 am to member12
yes, very.
FJB
FJB
Posted on 3/13/23 at 8:17 am to member12
There is zero accountability. And people wonder why Gen Z is so bad.
Posted on 3/13/23 at 8:17 am to member12
quote:
Any of you angry that you are bailing out SVB?
Does it make you angry knowing the majority of SVB customers are people who view America First as the enemies of their Dimocrazy? They hate you but you will be expected to cover their potential bank losses.
Posted on 3/13/23 at 8:19 am to Bass Tiger
quote:Lemmie guess. You know this because they have the words “silicone valley” in their name? How many SViB customers do you actually know?
Does it make you angry knowing the majority of SVB customers are people who view America First as the enemies of their Dimocrazy? They hate you but you will be expected to cover their potential bank losses.
Do you really want the government to say “we do/don’t like that persons ideology” as the criteria of their deposits are guaranteed? You sure you want that?
This post was edited on 3/13/23 at 8:21 am
Posted on 3/13/23 at 8:28 am to member12
At least it's not a bail-in.......yet
Posted on 3/13/23 at 8:29 am to bamacoullion
quote:People in this thread seem to be mad that it’s not a bail-in
At least it's not a bail-in.......yet
This post was edited on 3/13/23 at 8:36 am
Posted on 3/13/23 at 8:32 am to TrueTiger
quote:
Why didn't the people at Enron get this special treatment?
The goooooooooooooooooberment goons caused the collapse of ENRON. Their early and over reaction led to the losses. Who knows why they reeacted soquickly.
Only 1, I mean 1 ENRON official was officially found guilty of a crime.
Remember, Andrew Weissman was involved in the prosecution. The ENRON Task Force was a horrible example of prosecutorial misconduct, ultimately costing Americans billions of dollars.
Posted on 3/13/23 at 9:34 am to SlowFlowPro
quote:
It's like discussing football and using the term "touchdown". Is that a conspiracy too?
Who said anything about a conspiracy? I said it was the fricking word of the week.
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