teachercd Posted March 12, 2023 Share Posted March 12, 2023 58 minutes ago, BigRedBuster said: Sure….and there’s better Italian beef in Chicago. But, it’s still damn good and it’s a place I can order from and have it delivered in Nebraska. It is soooooo good I have not had it delivered but one of my friends has and said it was great. 1 Link to comment
Scarlet Posted March 12, 2023 Share Posted March 12, 2023 How long until the "woke" bank narrative hits the board here? Link to comment
Archy1221 Posted March 12, 2023 Share Posted March 12, 2023 https://fortune.com/2023/03/11/silicon-valley-bank-svb-ceo-greg-becker-dodd-frank-trump-rollback-systemically-important-fdic/amp/ The issues that upended both Silvergate and SVB, including their unusual concentration of deposits from certain types of clients, were “a perfect storm,” she said. That may limit how many other firms face trouble. 1 Link to comment
Moiraine Posted March 13, 2023 Share Posted March 13, 2023 2 hours ago, BigRedBuster said: They did business with a bunch of cryptocurrency companies also. In better news, the government will be honoring the depositors’ funds for both banks. Link to comment
Guy Chamberlin Posted March 13, 2023 Share Posted March 13, 2023 14 hours ago, Moiraine said: They did business with a bunch of cryptocurrency companies also. In better news, the government will be honoring the depositors’ funds for both banks. And if we got rid of the Nanny State helicoptering over everything, how would the private sector part out a financial institution? Link to comment
Moiraine Posted March 13, 2023 Share Posted March 13, 2023 1 hour ago, Guy Chamberlin said: And if we got rid of the Nanny State helicoptering over everything, how would the private sector part out a financial institution? What? Link to comment
Guy Chamberlin Posted March 13, 2023 Share Posted March 13, 2023 23 minutes ago, Moiraine said: What? Serious question, not aimed at you. If the GOP is successful at undermining pretty much every federal institution and replacing it with private enterprise, how would the unregulated financial sector handle a bank failure? 3 Link to comment
deedsker Posted March 13, 2023 Share Posted March 13, 2023 4 hours ago, Guy Chamberlin said: Serious question, not aimed at you. If the GOP is successful at undermining pretty much every federal institution and replacing it with private enterprise, how would the unregulated financial sector handle a bank failure? Total market collapse. That's who would handle it. 1 1 Link to comment
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