/biz/ - Business & Finance

>>54050149
That would be a bigger black swan, but black swan itself just means a large and unpredictable event. Silvergate getting liquidated everyone saw a mile away, SVB very few knew was this bad.

>>54050186
My bots are short and 100% of my calls are wrong, if you like money you might want to go long on crypto.

Ooohhh??

Nothing else matters

>Go on, call me a pussy one more time, anon.

>>54050186
Good evening. Saturday Evening.

It's all good

Powell Monday when he says he's fighting inflation first and foremost

>>54050234
Bill is notoriously wrong, this makes me more sure nothing will happen.

>Futures

So what actually caused SVB to become insolvent?

Should I be selling all of my etfs on monday, I'm a retard that doesn't understand all this bank stuff

>>54050273
Putin.

>>54050270
I'm pulling all funds on monday

>>54050270

>>54050234
that faggot just lost a bunch of money didn't he?

>>54050273
Are you familiar with the UK pension crises where the UK pension system had money tied up in a bunch of bonds on leverage, but the rising rates devalued those bonds?

>>54050273
dumb cunts went long on 10Y bonds at something like 1.6% yield
when rates when up they all became essentially worthless
so when people went to get their money, even if they sold all the bonds, it wouldn't add up to the initial deposits

>>54050142
>Nigga the dollar cannot fail everyone rushes to buy dollars in times of crisis even in 2008 it was like 30% up
Dunno if you heard, but there's a bank run in America rn.

im so happy america is collapsing bros

>>54050270
this is making me want to pull all the money out of my roth ira

>>54050306
no shit. he had to fucking say it.

I actually would have agreed, until he said it.
If RH ever allows me to buy the inverse Jim, I'm all in from day 1.

While Americans are frantically attempting to withdraw their savings from these banks, China is taking advantage of the bank panic to begin poking at Taiwan lol

>>54050333
Hopefully occupy wallstreet mk2 will be less gay this time.

>>54050345
The Achilles heel of SJIM so far is it only has a weeklong lookback period. While he, for example, shilled SIVB about a month ago.

>>54050234
>Already thousands of the fastest growing, most innovative venture backed companies in the U.S.
hard labor camps soon

>liberals never shut the fuck up about hating the rich and now we get to see them do a complete 180 as they attempt the biggest memory hole in history as they try to justify a $200 billion bailout for rich venture capitalist millionaires less than a month after saying we can't pay off student loans and interest rates must continue despite the pain to the middle class
things are accelerating surprisingly fast

>>54050351
Genuinely this is the best time for them to strike. Think about it.
The US economy will be in fucken RUINS.
Nobody here would give a fuck about Taiwan. Everyone would be worried about their own problems.

>>54050351
They always do that shit though. Chinks fly spy planes, harass boats. Ruskies send long range bombers off the coast of the US, whatever.

>>54050234
>>54050317
>>54050363

Bill wants a collapse, or he's stupid.

The answer is to split your assets into multiple banks, not withdraw completely. Tell people to do that, unless your goal is panic.

>>54050351
>China is taking advantage of the bank panic to begin poking at Taiwan

>>54050273
While failure to manage duration risk was part of it, I honestly think the key factor was Twitter/social media herd mentality.
Think of all the random one-off consumer staple runs that happened during COVID. Now take an area with the people most likely to still be that level of panicked, add some crypto failures the weeks before, and you get a population of people conditioned to stampede at the slightest drop of potential bad news. And well, disclosing that you have billions of losses from going all-in on long term bonds right before the steepest rape hikes in history is what one might call, "bad news".

>Verification not required

>>54050263
>you don't have a future

>>54050397
China could declare war on Taiwan and it would take months just to get all their shit in place for an invasion

>>54050401
It was SVB announcing they were selling a small portion of their assets to shore up liquidity. That's what Thiel caught on to (prompting the Founder's Fund crowd to bail, like, Thursday).

>>54050333
>He thinks it's only America

>>54050391
He wants a collapse most likely. This is the same fag that went on a doomer spree on cnbc during the covid crisis telling everyone to sell when he was short.

>>54050325
No liquidity means dollars are even more valuable
Market volatility and distrust of banks means people would rather keep their dollars in cash sitting outside the system

i think im bullish bros i feel weird and i think thats what it is

>>54050401
where are you getting new chapters? seems like most sites are only up to ch 12

>>54050242
I like that these /smgtg/ card actually have somewhat realistic and flavorful effects.

I know I'm asking the wrong crowd, everyone heres is a wagie who larps like a wallstreet killer.
But on the off chance one of you faggots studied the Fed banking rules, what happens to a bank whose deposits fall well below their loan holdings?
Who gets the chance to buy those loans?

>>54050270
Aw fuck

>>54050273
Piss poor investment strategies and terrible risk management. They bought a bunch of bonds, more so than other bank, which were mostly mortgage-backed securities and govt. bonds. Once interest rates started rising, because hello they can't stay zero forever, they stared taking on massive losses.

So then they decide, "oh shit we neeeed money, cut the bond bags!" So they sell $21 billion worth at an enormous loss lol.
And now everyone wants to cry, "This is the FEDs fault for 0% interest rates, pls gib tax moneys to cover our losses now!" When the reality is you made a terrible investment, period, end of story.

This basedjack looking dude I saw on twitter summed it up succinctly.
https://twitter.com/MacroAlf/status/1634626128085123072

>>54050263
It's Saturday nigga. What the FUCK are you smoking?

>>54050351
ummm sweaty US mil gets paid straight from the money printer not from some third-rate Cali bank
We are the Global Reserve Currency get over it

>>54050494
>>>/r/eddit/

>>54050412
you don't declare war anymore, boomer

>>54050410
>tfw getting to start over after getting out of a fucking terrible job

>>>/pol/419327591
HAPPENING. THE WHOLE FUCKING HOUSE OF CARDS IS COMING CRUMBLING DOWN ON MONDAY.
ALL YOU FUCKING SOI BOY LIBTARD KEKS WITH YOUR BUY BUY BUY BULLSHIT ARE FINALLY GETTING BTFO.
NO YOU DON'T GET ANOTHER BULL MARKET, YOU JUST HAD ONE.
NO, THE PIVOT ISN'T HAPPENING.
NO, YOU DON'T GET TO "SKIP" THE REAL BEAR MARKET. WE'RE JUST GETTING STARTED.
YOU WERE GLUTTONOUS. YOU WERE GREEDY. YOU DIDN'T KNOW WHEN TO STOP EATING. AND NOW THE BILL IS DUE AND YOU'RE GONNA HAVE TO PAY DEARLY WITH YOUR BOIPUCCI.

>>54050505
N o
F u t u r e

>>54050527
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>54050494
https://www.fdic.gov/buying/franchisemarketing/index.html

>>54050333
Dude america will literally start WW3 to save itself. We've false flagged multiple wars causi belli

>>54050319
This combined with 0% reserve requirements basically put them at a very high risk of a bank run.

I for one hopes the whole system collapses and they abolish the fed

>>54050476
They get posted here or on /a/ sometimes. I think it might also be on nyaa or something but yeah the usual scanalator sites tend not to be caught up

>>54050501
Also no one would have lost money if they had invested with multiple banks. Nothing stops rich fags from using 10 banks to get $2,500,000 insurance. Or dumping that shit into a bond etf. Hell, you can go for 100 banks and get $25,000,000

But they were greedy fucks

Willing to bet futures open and they're down like -.5% and we have a normal boring trading day

Nothing. Ever. Happens.

>>54050548
Regional banks aren't held to the same standards as big ones so they can "compete" and normally, when not run by 69% diversity hires, they do fine

>>54050555
BASED

>>54050540
This is interesting information that I'll never use. Thanks anon.
tl;dr: institutions that are already in good financial standing need to apply to the FDIC to be on the bidding notification list. From there it's more-or-less a traditional auction.

>>54050545
You think we are capable of fighting a war.?
Most of the people in this country will flee to other countries once war is declared. Patriotism in this country is at an all time low.

>>54050234
>>54050391
Ackmann is a slimy fuck that knows how to act panicked to get his way.
Either he or one of his companies probably had money in SIVB and now he's trying to get his money whatever way possible.

>>54050644
Yup. I don't know why that dude was even asking, not like some random anon can buy $10,000 worth of SVB soiboi deposits or something. Chartered banks get a call over the weekend.

>>54050654
Hes just calling an obvious problem to attention
If you cant see that deposits going up in smokes is a problem, nothing can help you
This shit today spreads like wildfire through youtube and soical media

>take out large business loan at your LLc startup
>use it as equity margin to short the bank your borrowed from

>>54050574
>nyaa
damn I guess i'll have to wait.

>>54050186
My 66% of my finance is still stuck in the market for dividends
33% is for buying the massive crash average down

>>54050647
>Most of the people in this country will flee to other countries once war is declared
To Mexico?
To Canada?
kek; basedboys on the westcoast might run but based confederate states aren't going anywhere

>>54050603
I really just wanna know what percent liquid cash they had on hand. You would think they would have done the math -- or at least have a loan plan in place in case emergency.

SVB failing is not the start of the collapse, it's actually the start of Fed rate cuts. Paul Volker said inflation comes down because of bankruptcies. What's worse than a Venture Capital bank going under and all the tech companies it does business with going down with it.

>>54050684
If it means fleeing war. Yes, people will move to a shittier country.

>>54050677
Is that even possible?

>>54050700
>see mr president, all we have to do is start a very small fire
>all the undergrowth begins to burn but there isn't enough undergrowth to light the sturdy trees
>this way we can find the bandit very quickl!

My shroomies tried to fight the good fight. Trich got the best of them.

>>54050700
>the start of Fed rate cuts
Say, isn't JXN hedged against US interest rates? As in, if they go back down, it'll tank...?

>>54050555
Honestly, with how badly the last several crisis have been worsened and amplified by fed action, abolishing or at least reforming the fed looks less and less like a meme action. All they really do is kick the can down the road and at its core the fed brings central planning, a communist concept, to a capitalist economy which is prettymuch always a bad idea.

>>54050540
Thanks anon.

If any of you faggots have a memory of recently viewing the reported holdings of the larger banks;
>Is JPM or BoA or Blackrock or anyone else currently holding larger than normal amounts of cash?

>>54050700
You can lead some of the horses to the water all of the time and you can lead all of the horses to the water some of the time, but you can't look them in the mouth any of the time.

>>54050731
do you have any idea, any clue, any notion, of how much tinderbox detritus strews the forest floor?
this is going to be insane

>>54050724
Why wouldn't it be? You have a business loan, your business does investing, you have a margin account, and your margin account has a position to short that bank.

I have a bad feeling about this.

Everything will be daijobu haha...

>>54050519
Carolina Reaper>Ghost>>>>Habanero

All my outs expired worthless the week before the crash :)

>>54050712
vid related
https://www.youtube.com/watch?v=lSE4LcgQiwQ

so much more money this time around guys

>>54050647
>You think we are capable of fighting a war.?
yes.jpg
we won't start it though we'll wait for the Chinese to chimpout just like Imperial Japan did in WWII

>VNR

>>54050738
I'm sure JXN has hedged for such an invent and that's the irony in all this. SBV didn't hedge their bonds at all. Like, they didn't even consider. it. Fucking amateur hour.

>they think theres's going to be a crash
yes everyone thinks there's going to be a crash, so it's not happening

>>54050786
Anons said last week that JXN went up solely because they had positive hedging against interest rates, that's why they had such ridiculous growth over the last few months. If they were hedged against it, then the growth wouldn't have been so extreme

>>54050771
Yes, anon. Your outs have expired.

>>54050762
https://www.youtube.com/watch?v=aPB6AlNRRtQ

>>54050186
This the moment my cash has been waiting for I will be slurping hard on Wednesday or Thursday.

>>54050837
Anon, what makes you think that cash will still be there by then?

>>54050679
Are you too retarded to torrent?

>>54050813
imo this all points to a bank with shitass diversity-hire management. Likely a money laundering operation as well considering all the politicians and pundits coming out of the woodwork demanding a bailout. They had Cramer go out there and deliver another Bear Stearns ffs.

>>54050861
Bigger bank then this have failed, it wasn't the end of the world.

what are these special ((( SIP ))) banks that can't fail people keep talking about?
where's the list of banks that are too big to fail and are safe?

>>54050745
Truly centrally planned economies have historically always been optimal. From post-war japan until the financial coup (literally because it worked too well) to hitler's germany or various monarchic regimes, only external factors ever harmed those (and I'm talking regime change-tier events, not like the market collapses if a bad actor says 'boo').

>>54050800
Booty of right with face of left

Serious question.

Are government money markets safer at this point, to keep your money, than banks? They yield higher than banks anyway.

Anything I'm not seeing?

>>54050910
>Truly centrally planned economies have historically always been optimal
The opposite, Post WW2 Japan, West Germany, Sputh Korea, post Mao China, post 2014 Vietnam, Francoist Spain, Singapore have all benefited from privatization. Even if there's some central planning it only benefits to have some free enterprise too, top down economies are shit.

>>54050765
these bastards are going to print their way out of another one arent they

>>54050762
Bro... It's like normies were able to ignore FTX cryptoshit because they thought "at least OUR fiat system isn't a ponzi scheme". Then SVB happens, "at least OUR fiat system isn't a ponzi scheme... r-right?"

>>54050907
Technically, none. The Rules of Aquisition allow that the banks can eat each other, so long as the winner doesn't give any of the money to those who are not Ferengi.

>>54050887
Yeah man, no worries.

WHAT ARE WE SHORTING?

>>54051014
>FTX busy having orgy
>SVB busy having orgy
Fuck is wrong with these people.

>>54050973
just get a fire-proof safe retard; withdraw all of your money and be your own bank
arm yourself and provide your own security like a bank does; you can even insure it against theft and fire and all of that

JUST IN - FDIC and Federal Reserve discuss fund to backstop deposits if more banks fail following Silicon Valley Bank's collapse — Bloomberg

Here comes the QE infinity!!

Fed put is here. We are getting the real fake golden bull run soon!!!

Thank GOD... i thought the system was about to implode.

>>54051009
(You)

>>54051049
shes cute, i hope she gets a bailout

>>54051038
Credit Swiss
Key Bank
First Republic
Truist

>>54051011
Well, the first option is the US Treasury, which would back the FDIC using the retirement funds of DC.
Buuut, last time I looked there isn't a budget, so the US has been funded by exactly those funds.
So.
The Talmudists are going to board planes if they're at all smart. Sure, they'll manipulate from the corners, but they just started an agitprop campaign to snake out opponents and give some easy D&C. And while I think they do believe they have everything they want, it's still going to get dicey if the currency locks down.

>>54051038
I'M SHARTING IN THE WFC BATHROOM TO SPEED UP THEIR LIQUIDITY CRISIS

>>54051053
Thanks for the reminder, but I just barely have 100K. If I'm to make generational wealth, it won't be from sitting in an inflation "safe" somewhere. I want cash ready to deploy.

>>54051029
Trust me I'm not, you retards panic while I buy.

>>54050273
They had no money

It’s 70% TMF. Am I going to be alright?

>>54051038
i'm shorting crypto because racist brokers won't let me leverage without $999999999999999
i don't think it matters, market dumps crypto dumps and crypto is 24/7

https://youtu.be/TLxv_g_zQkY

Absolutely Kino start of the year. All must return to dust. All will be one. I love my bunwife so much. In her eyes I see hope and life. I love her.

>>54051068
>>54051011
>Print money for Ukraine
>Print money for Israel
>Print money for (((bankers)))
Imagine if China invades Taiwan right now

>>54051038
Gold.

>>54051099
brokers' aren't insured, if they start going under it's a total loss just like FTX

>>54051090
republicans will raise the budget and pass all the tranny agenda to insult their base as they always have.

i'm retarded and know nothing about economics. can i lurk here?

>>54051167
>I'm retarded and know nothing about economics
Good news anon, neither do the banks

Man, if Powell does cut rates and print money over possibly the biggest fuck up since 2008, then I can see us getting into deflationary depression.

>>54050351
China needs to grow a pair and just start WW3 already, I'm bored of this cockteasing

>>54051122
I am buying. $2,900/mo have been for the last 2 years. Doesn't make it a nothingburger though.

>>54051167
fuck you

>>54050186
I knew this board was Chink & Slavic white trash psyop to destroy America

>>54051167
if you want to read the thread without 15 minute delay it will be $500/mo

>>54051156
no retard, unless you are lending shares your stocks are owned by you regardless of what happens to your broker.

>>54051068
The game was rigged from the start Bobo. Infinite growth at all costs.

>>54050907
None of them are ACTUALLY to big to fail. But if you need to know JP Morgan is the Boss Nigger of banks. When people say 08 bail out what they really mean is JP Morgan bough out all the failing banks. Funny enough one of the main reasons the FED was even created was due to the Panic of 1907 which JP Morgan himself bailed out the banks.

Here is another one from a previous banking crisis.
>When the chaos began to shake the confidence of New York's banks, the city's most famous banker was out of town. J. P. Morgan, the eponymous president of J.P. Morgan & Co., was attending a church convention in Richmond, Virginia. Morgan was not only the city's wealthiest and most well-connected banker, but he had experience with other similar financial crises—he had helped rescue the U.S. Treasury during the Panic of 1893.

The pain will continue until JP Morgan says there has been enough pain.

>>54051077
>I don't have argument
K retard

>>54051202
>Elon Musk bails out the Fed
Could you fucking imagine

>>54051160
It's a hell of a gambit.
I'd say call their bluff and lock down all exits from Manhattan. Let's see what happens.
Of course, if you can't shut down JFK and sink any ships trying to leave, then it's not the same.

>>54051182
it's a massive buy opportunity. You think the trucks will stop or the ports will close because of some fucking bank? Nope, all this shit has happened before and things went on.

>>54051197
>unless you are lending shares your stocks are owned by you regardless of what happens to your broker.
how come brokers do this but not banks?

and I highly doubt when robinhood goes bankrupt anyone is getting their money anytime soon

>>54051202
a very serious looking man

>>54051202
JP morgan used astrology. Like a billionaire like me.

>>54051202
Lol gilded age was fucking wild

>>54051231
all deposits in Robin hood are in Sutton Bank, and FDIC insured. This a broker you have the option to not let them lend shares, banks you don't have the option to not let them lend your money

>>54051180
how r the prices of tulips tho

>>54051156
>brokers' aren't insured,
https://en.wikipedia.org/wiki/Securities_Investor_Protection_Corporation

>>54051270
His money came from Great Britain. You've been effectively owned by a Jewish banking family from Europe for over 100 years if you live in the US.

It seems, however, your services may no longer be necessary. Do leave the keys on the counter, and remember, you won't get your deposit back if you damage anything.

>>54051132
Where do you think FDIC insurance bailout funds come from? Hello.

>>54051254
>>54051202
Nikola Tesla's Wardenclyffe station: 1900

In 1900, the inventor Nikola Tesla convinced Morgan he could build a trans-Atlantic wireless communication system based on his theories of Earth and atmospheric electrical conduction (eventually sited at Wardenclyffe) that would outperform the short range radio wave-based wireless telegraph system then being demonstrated by Guglielmo Marconi. In what may have been a philanthropic investment,[37] Morgan gave Tesla $150,000 (equivalent to $4,885,800 in 2021) to build the system and Tesla offered him a 51% control of the patents. Almost as soon as the letter of agreement was signed Tesla decided to scale up the facility to include his ideas of terrestrial wireless power transmission to make what he thought was a more competitive system.[38] Morgan refused to give Tesla any further money towards the project and, with Tesla unable to secure further investment capital, Wardenclyffe's development stalled and the site was abandoned by 1906.[38][39]
>Cockblocks Tesla and denies free energy for all

Morgan was scheduled to travel on the ill-fated maiden voyage of the RMS Titanic, which was owned by an IMMC subsidiary, White Star Line. Morgan was to have his own private suite and promenade deck on the ship. He canceled at the last minute, choosing to remain at a resort in Aix-les-Bains, France.[47] The ship's famous sinking was a financial disaster for IMMC. Analysis of financial records shows that IMMC was over-leveraged and suffered from inadequate cash flow causing it to default on bond interest payments.[b][48][49]

In response to the sinking, Morgan purportedly said:

Monetary losses amount to nothing in life. It is the loss of life that counts. It is that frightful death.[50]
>Sinks the Titanic and for financial gainz

>fidelity offering crypto ETF accounts now
>cant even move shitcoins in and out
>every finance bigboy that tries to run a shitcoin exchange eventually gets steamrolled and bankrupts themselves
>a 10 trillion dollar exchange is going to get rolled by bitcoin next

yep its the end for stonks

my laptop has spyware how do i get it off?

>>54051294
>JPM is the American version of the Rothschilds
Everyone knows this

>>54051191
>Implying they need to do anything

>>54050755

>>54051347
It has been years since I tried to use it and I don't know if you can get a free trial still, but malwarebytes isn't terrible.

The Friday before Washington mutual failed and was bought by jpm. They told everyone they were safe and liquid, Sunday night they announce jpm has merged (bought) them… tomorrow is gonna be fun. Does congress bail them out? If no a larger bank has to buy them. Svb is in this because of shit timed short term treasury bonds that don’t equal deposits. Because of 08 I am reluctant to think congress will be willing to bail them out but it is most likely. Second option is a merger into a larger bank like jpm or Morgan or gs BUT BUT BUT those institutions literally have the exact same deposit rate AND shit yield short term treasuries + interest rate hikes, make a merger of this size seem like an absolute net loss except controlling the contagion.

>>54051409
we can't bail them out

>>54051204
>0% unemployment, 0% suicide rates, near complete home ownership rate, near 0% poverty rate, very high business ownership rates, historical economy high-point
>All shit metrics
>let's improve them so there's massive unemployment, suicide rates, 0 home ownership, and double-digit poverty with nearly no business ownership
>yup, much better!
As I said, (You)

I intend to get high as hell tomorrow
that is all

>>54051409
what are you talking about? SVB doesn't exist anymore. Buyouts or mergers is impossible the FDIC legally controls all the assets and will be distributing them back to account holders, what people want is the government to cover the difference regardless if it is more then 250k

>>54051254
You know what he deserves to have his company rule American after reading his wiki bio.
>Starting in early January 1859, Morgan spent several months in the South to visit the firm's correspondents in Georgia, Alabama, and Louisiana and to improve his knowledge of the (slave)cotton trade. He briefly visited Cuba, where he developed a lifelong taste for Cuban cigars.
> Morgan avoided serving during the war by paying a substitute $300 to take his place.
>Morgan also profited in gold after specie payments were suspended in 1862; its price was largely pegged to the possibility of a Union victory. In October 1863, he and Edward B. Ketchum transferred $1.15 million in gold to England, forcing a price spike and allowing both men to sell their holdings at a large profit. Critics have long considered the deal a speculative effort to corner the American gold market and evidence of Morgan's insensitivity to the nation's financial situation
>From 1864 to 1872, he was a member of the firm of Dabney, Morgan, & Co. In 1869, He wrested control of the Albany and Susquehanna Railroad from Jay Gould and Jim Fisk.
>Morgan came up with a plan to use an old civil war statute that allowed Morgan and the Rothschilds to sell 3.5 million ounces of gold directly to the U.S. Treasury in exchange for a 30-year bond issue. The episode saved the Treasury but hurt Cleveland's standing with the populist agrarian wing of the Democratic Party, ensuring his political career was over.
>Morgan often had a tremendous physical effect on people; one man said that a visit from Morgan left him feeling "as if a gale had blown through the house." He was physically large with massive shoulders, piercing eyes, and a purple nose. He was known to dislike publicity and hated being photographed without his permission
>When he died Flags on Wall Street flew at half-staff, and in an honor usually reserved for heads of state, the stock market closed for two hours when his body passed through New York City.

>>54051446
or "won't", are the bonds really kill?

>>54051473
That's fair. You don't need to do anything until the emergency meeting Monday, Mr. Powell.

>>54051409
They made a bad investment and lost. Thats how it works. Move on.

>>54051481
>what people want is the government to cover the difference regardless if it is more then 250k
They will btw, without a doubt: https://twitter.com/NickTimiraos/status/1634673235982680065

>>54050186
I bought KRE puts and won :D

>>54051481
It won't happen. We don't have the money.

>>54051156
The fuck do you think SIPC is? Even Bear Stearns customers funds were safe in 08.

>>54051409
You don't understand the FED exists to ensure JPM never fails. What will most likely happen is JPM swoops in and buys out the bank saving the days and once again gaining more control over the banks.

There is an outside chance Elon makes the move this would be a borderline coup though since Elon would be upsetting the natural order of things.

>>54051448
Wtf are you talking about retard

>>54051317
I read an interesting story, that the accident with the Olympic was a massive loss for WS. According to the narrative, they had failed to properly insure the new craft, and when she was damaged, they were facing bankruptcy to repair her with such a short run. If you can see where this is going, the difference between the Olympic and the Titanic would have been the paint job.
So, what is one to do? Well, we need a solution for these pesky anti-central bankers, and we need a solution to get our losses covered.
>>54051352
Not version, servant to.

SIRS PLEASE DO NOT REDEEM THE SHARES I'LL POST BOBS AND VAGEN

>>54051559
>inbred is confused and dazzled by real life
How surprising.

>>54050333
Checked

>>54051493
I'll be drunk for that one

>>54051568
>Pulls stats out his ass
>Real life

>>54051492
She looks good here. She hasnt looked good in a while.
>>54051511
Not with Biden. The man doesnt react to anyone or anything happening. He wont even know what happened until the economy crashes.

>>54051594
I accept your surrender.

>>54051566
what happened to all the people of bleach that are supposed to live in Britain? Every time I see a person of power or affluence from that place it is some jeet or a middle easterner.

lol

IT WAS DRUMPF

>>54050545
Do ir already

>>54051627
forgot pic

also
>futures

>>54051635
do they discuss what the specific regulation was and how it would have prevented this?

>>54051608
I get what you are saying but i dont think its britain. Its 100% muttland USA.

>>54051605
I accept you're retarded

I'm getting back in the game after blowing up my account in 2022. How do I not blow it up a 2nd time? For starters, no revenge trading

>>54051409
Who would willingly buying a bank catered to tech startups that won't ever return that money? It's over, the music has stopped. The VCs won't stick money in that crap while this crisis is ongoing.

>>54051647
(((they)))
Reich is a full blown marxist trumpet, using teen boys as a cum rag. He's not going to give logic, he's going to strawman, shift blame, and leave the room smelling like a turkish bathouse.

>London branch collapsed

lmao Big Short 2 happening?

>>54051660
Build a back bone of Index ETFs and Dividend ETFs for cash flow then go wild.

>>54051317
Theres a conspiracy that there were Important people on the titanic who were against the creation of the Fed and it was sunk purposely

>>54051566
They need to quit installing Indians as CEOs or higher positions at any company, seriously. Even Intel got fucked because of that stupidity.

>>54051409
>>54051662
I dont even understand why someone would buy a failing bank. They keep saying pennies on the dollar for deposits but what does that even mean when you have a giant multi billion dollar hole? You still absorb all the bond losses dont they? Unless the argument is you somehow prop it up with 200-300 billion to cover deposits in 1:1 and then somehow get to keep the treasuries that mature in 8 years for less than 1%.

>>54051649
https://www.dailymail.co.uk/news/article-11848705/Woke-head-risk-assessment-Silicon-Valley-Bank-accused-prioritizing-diversity-issues.html

She is head of risk management for the Europe, Middle East, and Africa segments

>>54051608
When I went to london in 2017, I spent every day walking around the place trying to look for even ONE (1) white person. In a week I only found 2 brits in total (a boomer couple). Every single shop is owned by indians or muslims. A pack of feral muslim kids tried to steal my phone in broad daylight in a kind of ploy I've only seen in movies featuring poor neighborhoods in middle eastern countries. The handful of other white people I saw didn't speak English (a lot spoke spanish), and were obviously tourists.
This made me completely reevaluate what I thought about the globohomo shows coming from the UK, I suddenly understand where they were coming from. They actually really aren't just pushing trannyggers, it's their actual, genuine, current-day demographic.

>>54050762
Bullish signal

>>54051677
Let me clarify, I'm reloading an "active" trading account for short term plays. A piece of my overall strategy which includes diversified blackrock etfs

>>54051692
and the franchise, if it is still worth anything at all.

>>54051696
I've been to the castle there, and to the hospital. That's where I learned they call it neo-natal

>>54050186
>AAAAAAAAAAAAAAAAAAAAA
:D
https://youtu.be/wxfhZUOOlIU

>>54051093
Thank you for your service anon.

>>54051692
>Unless the argument is you somehow prop it up with
Fed intervention

>>54051692
Well the fed forced banks to do buyouts in 08 else everything would fall down. Maybe they'd do it again? Of course people are already begging Buffett to do a buyout. Makes me laugh hearing people even suggest that.

>>54051707
I saw lots of white people in English pubs (outside of London) in '05.

>>54050270
Jesus look at him, he's been hitting the drink hard before that broadcast

>>54051707
I was there in 2016 and saw plenty of whities. Only blacks I saw were French. You must have gone to the wrong parts.

>>54051696
Ahh yeah thanks.
>>54051721
Whats a franchise worth in banking after 08? Who cares lol.
>>54051751
Feds forcing it is one thing but not sure why youd step up and do it yourself.

>>54051750
>>54051692

How long are you going to argue about something that is not even possible sense SVB doesn't exist are a cooperate entity anymore?

Bought an expired candy bar at the store. I dislike this.

>>54051784
I went everywhere and even had an ex-colleague who started a business there show me around.

>>54051790
Chill dude im just asking how it would even work. Technically someone can buy the new entity anyway once the FDIC is done sorting it.

>>54051790
>How long are you going to argue

>>54051789
There is no reason. SIVB offers nothing that any other bank could put together. They just happened to make that their niche and the VCs bought into it (bro we're disruuuuupting banks!). That niche is dead as long as rates are above zero and the money printers are off.

Kek baggies

>>54051807
FDIC is going liquidate everything and pay out the account holders

hmm

clean your room faggot

>>54051683
No conspiracy, it's true to who was killed. John Astor was adamantly against a third US central bank. The question is he was the target.
imo, yes.
My cursory readings of WS is that they had served, at least once before, to help eliminate political enemies.
Don't mind me, but I think the cabal likes to memorialize their victories in song. In this case, in John Jacob Jingleheimer Schmitd.

>>54050273
diversity

>>54051853
Zions Bancorp will never stop being funny.

>>54050351

is it finally time to slurp it?

>>54051894
Yeah anon if we don’t talk about our problems they will go away. Go away rabbi.

>>54050273
They lots billions on low interest bonds, then the told everyone they would be selling stock to cover the bond losses, so everyone quickly dumped the stock, so then account holders realized they wont be able to sell stock to cover their losses and started withdrawing as fast as possible till FDIC stepped in and dissolved the bank froze the assets.

>>54051894
I like the fast food versions of this meme.

>>54051603
>The man doesnt react to anyone or anything happening
Did he go to Ohio yet?

>>54051891
Ironically, they're probably the least jewish bank out there. It's run by mormons.

>>54051853
Wasn't JPM green?

>>54051966
The only good sub is tuna on cheese bread. Plus jalapeno and a light serving of hot sauce.

>>54051853
I assume they looked at liquidity % post-loss? That difference seems important.

>>54052028
I find the meatball smells horrific but tastes okay.

You know if this idea gains traction you might as well forgo any idea of "retirement". The new normal will be "work till your dead". Which also begs the question; Ok your working till you die, what the hell is the point then of stuffing a 401k or having any retirement plan at all then?" https://www.cnn.com/2023/03/09/politics/nikki-haley-retirement-age-social-security-medicare/index.html

>>54051907
puts on goog

>>54051863
Fuck his name is my name too!

Do I buy UVXY Monday premarket? Or is this scare fake and gay?

>>54052040
That place was great to work back in the day.
Easy as shit, you didn't even have to remember anything. If you could keep a goldfish length memory, and give extra toppings, the customers didn't care and kept coming back.
And working there gave access to the secret recipes.

>>54052055
There isn't any. Retirement was a boomer meme.

>>54052040
i've had the squirts one to many times from the meatball, I steer clear of it these days.

>>54052021
Nvm that was the 10th

Okay, I read this whole article.
https://www.cnbc.com/2023/03/10/silicon-valley-investors-and-founders-express-shock-at-svb-collapse.html

Here's what they're going to do... circuit breakers... but for bank withdrawals.

>>54052055
You were always supposed to prepare your own funds for retirement instead of just leaning on social security. But they don't teach kids this stuff in school.

>>54052071
>secret recipes.
Go on...

>>54052055
Anon, have you not been paying attention? Yes. The Talmudist believes you're cattle. They've been working for 2000 years to get you to be the best cattle they can get their hands on.
Why in the world would they give cattle a chance to relax?
>>54052066
We'll make great pets.
https://www.youtube.com/watch?v=mFkRvF8MeYM

>>54052125
90% of their sauces are made from the remaining 10%

>>54050270
Oh my fucking god. We are boned. The bears were right... It's fucking over..

>>54051971
Nope still not.
>>54052055
For most of human history there wasnt a concept such as retirement. We are just returning to the mean.

I hate women

just don't fucking dance

I feel like everybody is overreacting. a month from now we won't even remember this bank shit probably. Remember the rail strikes a few months ago? yeah

>>54052196
You must hate yourself because you came out of women.

>>54050234
this is why getting rid of the 140 character limit was a mistake

>>54052201
spoken like a true bull

>>54051853
I work in treasury at a bank.
When you look at % unrealized loss in terms of liquidity it’s kind of irrelevant. You need to look at their market value of level 1 securities (any other investments get a haircut) and see if it can cover a good amount od their deposits. This also doesn’t take into account their FHLB borrowing capacity. I think first republic had 60b in untapped capacity. This doesn’t even take into account lender of last resort discount window activity. Selling securities would be the very last option to raise cash.

>>54051853
Truist is a pretty shit regional bank that bought bb&t to combine two shit banks

>>54052201
I feel like this missing Billions in Crypto with SBF is just a nothing burger. Remember the Russians trading oil with the Saudis in Rubles? yeah

>>54050270

This is really it isn't it

>>54052189
Lies, old people rarely ever worked throughout most of human history

>>54051894
I look like this and push buttons like this.

>>54052201
and now trains are derailing all over the place poisoning the water table as the real issues weren't addressed.

>>54052228
That's not liquid you fucking nigger brained retard, that's why SIVB went under. Your bank is going to collapse too jesus christ

dump dump dump dump dump

>>54052189
There was no such concept because there was no need for it. You usually worked as a family unit in the family business, and when you were starting to be too old for this shit, the children would fully take over the business and take care of you. Generally people "retired" around 55-60.

>>54052299
if you're worried about drinking water just imagine how the corn feels

I'm going to be slurping

I have most of my trust in stocks and the rest in fiat money (100k)

Is the bank going to fleece me

surely my savings on robinhood will be okay

>>54052228
Which bank so I may short it on maximum leverage?

>>54052201
I kinda agree with the sentiment but I'm convinced that this month will be horrible and that this is a prime example of rate hikes breaking stuff. Who knows I guess

>>54052300
do you think maybe I understand the topic a little better than you, cumbrained high school drop out

>>54052344
You gon' be aight, chief. Who you with?

>>54052344
of course

>>54052345
IBKR gives the same apy on cash

>>54051773
He knows he has to go up there and lie. Then get smacked around for it when things escalate

>>54052350
all of them

>>54052337
>imagine how the corn feel
>imagine the corn feel
>the corn feel
>corn feel
The good thing, it listens alot better than it talks, you could even say it's all ears.

>>54052353
I am (*was*) a principal data scientist. I eat retards like you for breakfast. You have the same fucking at-risk capital position as SIVB holy fuck

>>54052345
Robingoy would be fun one to go under. Surely they are cash strapped and unable to generate yield to cash accounts

>>54052383

>>54051049

>we did it we solved racism
>sir this is a bank and we're now out of business

>>54052369
You work for all the banks in treasury, simultaneously? Impressive.

This is going to be the best crash in history. hell yeah

>>54052405
The solution to racism is more racism

>Fed basically prints money and creates rampant inflation
>waits way too long to raise rates despite smart people screaming at them to do so
>raises rates way too fast and unpredictably
>refuses to give a plan so markets and banks can prepare for the future, aka "we are not proactive we are reactive"
>obvious signs things are starting to crack
>Fed has the balls to say they will increase rate or rate increases again to 50
>bank collapses
>bank runs begin
>ggwp

Fuck the Federal Reserve. They made ALL these problems. Fuck them. Fucken money printing faggots. Create inflation, can't fix inflation, implode the economy.
Fuck you Jerome you dumb motherfucker. You can't even meet on the fucken weekend to discuss the issue, you have to wait until 11am so you can get your dick sucked by some ewhore before you arrive.

https://www.youtube.com/watch?v=_inUax_RTUo

Movie Movie Movie! \(-_-)/
bank theme pls!

>>54052384
Professional graph maker that got fired lmao

>>54052393
I've been trading with them the entire time. They just got plenty of liquidity from my losses alone.
Also, they have one of the largest fronted cash deposits of trade houses on earth, thanks the the GME fiasco. They're covered.

>>54052439
>the fifth element
is an allegory for $lmt calls

>>54052433
I mean, there isn't a huge amount he CAN do at this point. The Fed fucked up with the panic printing in 2020, and now they're stuck between a rock and a hard place. Every option will hurt a fair bit, but they have to pick whatever hurts the least.

>>54052442
Unfortunately, David SOXL fell on hard times and couldn't afford any more state of the art ML models.

I bought another meme soda flavor for movie nite. This time: Dr. Pepper Strawberries and Cream
It's pretty good, long KDP

>>54052464
He fired the gun and now wants to run in front of the bullet to stop it from hitting us.
Just because he can't stop it now doesn't meat he didn't pull the trigger.

>>54052464
>The Fed fucked up with the panic printing in 2020
the fed did exactly what they were told to do. wasn't them that fucked up.

>>54050233
How do white swan-bois even compete!?

>>54052457
God damn it you are saying if anything survives bank runs itll be them? Maybe the great reset really is just behind schedule

>>54052439
https://novastream.to/play/tt1742683

"Too Big to Fail is a 2011 American biographical drama television film directed by Curtis Hanson and written by Peter Gould, based on Andrew Ross Sorkin's 2009 non-fiction book Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System—and Themselves."

Reading all the doom articles (S&P will fall 20% in next few months,etc). My only thoughts: Oh goodie more cheap shares to bag! Perfect timing to. I get another pay bump in July.

>>54052436
kek

>>54051049
>pinhead shitskin
>gets HEAD OF RISK ASSESSMENT
... this isn't /pol/ this isn't /pol/, this isn't...

>>54052474
if you're gonna drink calories make sure it's mixed with alcohol BUD

>>54052345
>>54052393
>Robinhood, the free-trading app that helped drive a surge in retail investing during the pandemic, has switched to using JPMorgan Chase to handle crucial money transfers into customers’ accounts.

Funds are SAFU. If Robinhood collapsed your stocks and Money would just get absorbed by JP Morgan and they would be your brokerage no more commission free options for you.

>>54052474
Dr pepper cream sodas pretty good. Nowhere carries it near me though

>>54052439
Die Hard 3

>>54052505
You won't have a job by July.

>>54052384
What's the best way to determine correlation between tickers?

>>54052513
Coca Cola increases testosterone in men.

>>54052505
I feel like it'll go down a bit and then crab.

>>54052530
We should only be so lucky. However Kentucky, as far as we know, does not have any banks so their government will remain intact.

>>54052513
Hey asshole fuck off. I'm the one that made that original BARQ'S pointing Pepe image, and you fucking defiled it.
Also I'm coming off a cold or something, and I don't want to drink alcohol right now

>>54052345
SIPC insures up to $250k cash for brokerage accounts.
>>54052502
Kek I've been holding all my cash in Robinhood because they pay 4.15% interest with $5/month of Gold.

>>54052505
I remember March 2020

>>54052539
Wasn't the sauce for that a single study in a Chink university?

>>54052501
>"You eyeballin' me wite boi?!"

NEW

>>54052581
>>54052581
>>54052581
>>54052581

Someone get some copper line and some magnets over to Ayn Rand's grave. You don't have to worry about winding into a coil, you'll see when you get there.

Twitter spaces was pretty lit today. It's been a ten hour conversation with the who's who of venture capital. We even had Mark Cuban and Bill Ackman hop on to answer a few questions. Pretty interesting stuff.

>>54052535
Simplest, most robust way is to look at the spearman correlation between the diffed log price history. There are more advanced methods like dynamic time warping though.
https://en.wikipedia.org/wiki/Dynamic_time_warping

You need to make sure to control for the false discovery rate, because it's easy to find spurious correlations in series data.

>>54052505
>>54052573
The bottom of March 2020 was after the Fed slashed interest rates to 0% and pledged infinite QE. They probably won't do that this time.

>>54052535
TWED, duh. Fucking retard.

>>54051049
>>54051085
I'd bail her out if you know what I mean.

Honestly, I'm not even going to LARP some "le epic shrewd bobo" posting. I'm getting out. Selling everything at open on monday.

>>54052714
it's already too late

>>54051853
JPM chads stay winning

>>54052575
yes
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9867816/

>>54052614
those guys are frauds everything they told you was a lie

>>54052299

I'm currently up 200+% on my Norfolk Southern Puts. Got a congressional hearing with the Norfolk Southern CEO too. Can't say nothing has happened.

I do feel like it'll eventually blow over in a few months tho

>>54052627
Well, we'll be getting the correction we needed

>>54052898
how hard can you pivot anon?

I just explained to my GF who is twice my age the bank collapse situation. I am 25, God I love mummy GF's who say "my good boy is so smart".

Can we bears stop winning already, cash gang on stand by too.

>>54051863
>John Astor
I learned in my liberal state university education that Astor was killing savages and taking their shit and selling their firs and trinkets back home in Europe and was le bad man. How true is this?

>>54052433
>waits way too long to raise rates despite smart people screaming at them to do so
People were also screaming at them to keep rates low. Politicians were still locking down, and raising rates earlier would've interfered with reopening and rebuilding supply chains. The only solution would be ending lockdowns earlier, but that would make you a Trump supporting science denier.
>raises rates way too fast and unpredictably
Those were the most predictable hikes in the fed's history and they were being screamed at by lots of people who wanted faster hikes.
>refuses to give a plan so markets and banks can prepare for the future, aka "we are not proactive we are reactive"
They gave a plan. Do you want them to decide everything a year in advance so they'll be stuck going off a cliff with year-old outdated data long after the situation has changed? Markets were explicitly fighting the fed and denying that the fed would do the few things it did say, so even if the fed locked itself into a plan like retards, the market would still bet on them changing it.
>obvious signs things are starting to crack
All the retards were insisting new bull market, strong economy, banks safe, new all time highs soon right up until Thursday. Even suggesting that there were signs was considered doomer fantasizing.
>Fed has the balls to say they will increase rate or rate increases again to 50
After everyone was screaming at them for being pussies and allowing hyperinflation after they turned dovish and slowed down to 25bps.
>bank collapses
>bank runs begin
Mumu is still denying this and insisting nothing will happen. The hamburger will predict new all time highs while it's being served on a bun.

>>54052584
That's a strong black swan with values, he takes care of his kids and wife.