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re: SVB board obsessed with diversity, $5BN for healthier planet, month-long Pride celebration
Posted on 3/14/23 at 3:37 pm to dgnx6
Posted on 3/14/23 at 3:37 pm to dgnx6
quote:I don't care what people believe. They are not being bailed out.
People believe they should be bailed out.
quote:Well, it come could from a private source also if there were a bailout. There just isn't one.
Which would be by the taxpayer.
quote:And good thing my bullshite is intelligent and informed, unlike the actual bullshite the pikers have been spewing the past 5 days on topics they clearly KNOW NOTHING ABOUT.
You pretty much come on here and say bullshite all the time.
0
Posted on 3/14/23 at 3:39 pm to dgnx6
quote:Depositors think they should get their money back.
People believe they should be bailed out.
quote:Which would be the assets the bank owns to back up deposits.
Which would be by the taxpayer.
Fixed it for you.
Posted on 3/16/23 at 11:35 am to cajunangelle
Bumping this for a chuckle.
For reasons that are unclear to me, AP News felt the need to fact check the claim that SBV went broke cause it went woke.
AP News
Firstly, who is making this "claim"?
Some rando on Twatter...
No one denies that they are/were woke AF and tossed around resources for various woke causes.
The need of the left to make sure everyone knows that a major bank collapse wasn't due to Pride Month gave me a chuckle.
Thanks, AP News. We couldn't get along without you.
For reasons that are unclear to me, AP News felt the need to fact check the claim that SBV went broke cause it went woke.
AP News
quote:
CLAIM: Silicon Valley Bank failed because it focused on “woke” policies such as diversity, equity and inclusion.
THE FACTS: The nation’s 16th largest bank collapsed because of poor investment and risk strategies that left the bank with insufficient cash to weather a mass withdrawal of assets from its largely tech sector customers, who have been particularly hard hit in the current economy, financial and banking experts explain.
Firstly, who is making this "claim"?
quote:
“The WOKE agenda coming from SVB is in a large part to blame for their FAILURE,” declared a Twitter user
Some rando on Twatter...
No one denies that they are/were woke AF and tossed around resources for various woke causes.
The need of the left to make sure everyone knows that a major bank collapse wasn't due to Pride Month gave me a chuckle.
Thanks, AP News. We couldn't get along without you.
Posted on 3/16/23 at 11:58 am to cajunangelle
People should be locked up for this
But
They won't be
But
They won't be
Posted on 3/16/23 at 12:02 pm to Big Scrub TX
quote:
Please, some of you at least try to figure out WHAT THE frick YOU ARE TALKING ABOUT BEFORE YOU OPEN YOUR MOUTHS.
oh my. 
Posted on 3/16/23 at 12:03 pm to Strannix
quote:
It's a huge bailout dumb frick
On Sunday, Yellin offered up $25B as a bailout from the FDIC
Posted on 3/16/23 at 12:06 pm to cajunangelle
The culture of bank bosses must have changed. They used to be the most stingy, penny pinching rich people you ever met.
I once had to run an errand with the banker who owned our radio station. I kept pointing out good places to park but he drove on saying 'I'm looking for a parking meter that still has time on it.'
The guy was driving a brand new Cadillac and he was trying to save 10 cents on parking.
I once had to run an errand with the banker who owned our radio station. I kept pointing out good places to park but he drove on saying 'I'm looking for a parking meter that still has time on it.'
The guy was driving a brand new Cadillac and he was trying to save 10 cents on parking.
Posted on 3/16/23 at 12:08 pm to Zach
did he have plastic on his sofas?
Posted on 3/16/23 at 12:17 pm to cajunangelle
Only had one board member with legitimate Banking experience.
Posted on 3/16/23 at 12:34 pm to cajunangelle
quote:
did he have plastic on his sofas?
No, but he would have been angry to know how he lost a dollar. He bought a 45 record of 'It's My Party and I'll Cry if I Want to' by Lesley Gore. He gave it to me with strict instructions: 'Tell them to play this at least once a day.'
I gave the single to our DJ behind the mic with the instructions. He smashed it against the desk and said "I can't. It seems to be broken."
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