/biz/ - Business & Finance

>>54454159
it's SFB not SVB.
sam still pops in the news every so often

>>54454166
I mean silicon valley bank

point proven

>>54454159
Don’t ask questions about why they save certain banks and not others

>>54454159
I will creampie this femjak

>>54454159
This will be my first time jerking it to a wojack. Wish me luck.

>>54454159
she's perfect bros..

>>54454159
>memoryholed
That’s because it was a nothingburger you retard

>>54454263
>>54454269
>>54454259
it's a hard choice bros...

>>54454159
This depiction of female Wojak is proof life is unfair.

>>54454159
>>54454312
would nakadashi

>>54454159
>memoryholed
Schizo term. No new developments happened with story X so they stopped reporting on it. No conspiracy required.

>>54454312
asians look like they have downs to me

>>54454182
memoryholed because there's always something new to distract the circus
>>54454354
>they stopped reporting
shalom, project mockingbird.

they've gone radio silent on banks because they want to keep pretending there is no crisis. their job is to manage the psychological response of hundreds of millions of people

>>54454394
What new development did they fail to report on?

>>54454159
it was a nothingburger anon, sorry you sold the bottom

>>54454413
There is no crisis. Banks fail all the time.

>>54454415
that banks are panicking.
>>>https://news.ycombinator.com/item?id=35317366
CNBC just deleted 5 pages showing CD5 data for banks including JPM and BAC
100 points by janmo 8 days ago | hide | past | favorite | 18 comments
CNBC just deleted 5 pages showing the current and historical 5 year Credit Default Swaps for:
- JPMorgan, deleted URL: https://www.cnbc.com/quotes/JPMCD5

- Bank of America, deleted URL: https://www.cnbc.com/quotes/BACCD5

- PNC, deleted URL: https://www.cnbc.com/quotes/PNCCD5

- Truist Financial, deleted URL: https://www.cnbc.com/quotes/TFCCD5

- Wells Fargo, deleted URL: https://www.cnbc.com/quotes/WFCCD5

Not deleted: Goldman Sachs https://www.cnbc.com/quotes/GSCD5, Deutsche Bank https://www.cnbc.com/quotes/DBCD5 .

You can easily use archive.org to check for yourself example: https://web.archive.org/web/20221009203204/https://www.cnbc.com/quotes/BACCD5

>>54454427
>Less than 1% of FDIC-insured banks have failed annually over the past decade, according to an analysis of FDIC data.
No mention of assets so let's check the data
https://www.fdic.gov/bank/historical/bank/

>>54454489
You have to pay for the real time CDS data unfortunately. The best free option is:
https://www.derivateverband.de/ENG/Transparency/Credit-Default-Swaps

>>54454506
That's just SVB etc. Nothing new.

>>54454307
>>54454354
>>54454424

>>54454531
>schizo image
Well done proving the point.

>>54454561
>well done proving the point

>>54454561
>Well done proving the point.

>>54454635
Kek
I like yours better

>>54454159
Funny because basically 3 banks failed and you mention 2

>>54454561

yea they stopped reporting on it real quick when congress starting grilling the supervisors that oversaw regulations and the bailouts and whatnot. insider trading, using tax payer money from small banks to bail out Chinese investors even though none of them were FDIC insured, the fact that SVB required depositors to invest ALL their money in return for private jets and other goodies. now none of it will be investigated and no one will go to jail for fraud or otherwise gross irresponsibility. really makes you think doesnt it OP

>>54455139
Only in your dreams.

>>54455170
what is this? are you gloating or something? is that you William J. Burns?

>>54454524
>Nothing new
nigger, look at the spike in "Total Assets".
a bunch of random banks failing is nbd compared to the HUGE amount of wealth in SVB.
>>54455170
how much are you paid per post?

>>54455194
>compared to the HUGE amount of wealth in SVB
No shit, Sherlock. SVB failed.

>>54455139
if they wouldn't have an array of lawyers defending each individual case of each person. if they could gather every tax evading bank member's records. if and if and if, too many ifs. shut the bank down and eat the rich.

reminder:
absolutely nothing changed
BTFP is literally just a loan to cover in case of a liquidity crisis
the bonds are still on the red
deposits are still gone
banks are still dead and stuck with a heavy fucking bag of worthless garbage that will pay off in 30 years
fiatcels are still between a rock and a hard place, and there is nothing they can do to mitigate anything

>>54454182
or who ID

>>54454159
Lol wojack looks like a girl

>>54455226
banks that big failing is a problem. federal reserve and banks are panicking.
2cents?

>>54454312
>>54454159
>>54454259
If I made it in crypto the first thing I'd do is to commission femjak doujins

>>54455342
>federal reserve and banks are panicking
They aren't, though. SVB was bought by First Citizens.

>>54454159
>VCs all bank at same place and know that the all have money at same place
>VCs are insanely competitive about finding good startups to invest in
>theres only so much valuable equity going around to grab in the start up space

idea forms
>be head of VC firm awash with cash from rich clients but very few competitive start ups to give it to
>come up with idea
>convince my other big VC buddy to tell our start ups and general funds to pull cash out because SVB is "unstable"
>"muh wires are getting rejected that means SVB has no money guyz i swear its true you need to get out ASAP"
>everyone uses online banking to instantly pull out $12b with my other VC accomplice
>start spreading rumors on whatapp and slack channels that SVB has liquidity problems and youre pulling your money
>every other VC rushes to pull their money too but no bank on earth has enough liquidity to cover that
>$25b more gets yanked in the next day
>i got my money out safely while the other funds I compete with for deals (and their existing start ups that also bank at SVB) flounder and fail to meet payroll with locked deposits
>scoop up new deals and swoop in to "save" other struggling start ups with your safe cash
>i'm richer and more powerful than yesterday at zero cost to myself or my company
fucking faggot VCs are going to get away with it too

>>54454159
name of the semen demon?

>>54455525
Because it fucking failed, retard…

>>54456260
Stacyjak

>>54456749
No shit Sherlock. Did you just wake up from a coma?

>>54454159
Soul
>>54454312
Soulless

>>54456818
Looks more like a Victoriajak

I bought WAL and expect it to go back to 60.

>>54454159
it should be obvious IMO that the media won't reportt any new developments on SVB and other regional banks because they don't want to provoke further bank runs.

>>54457400
So pull all of my cash out and DM blue check marks on Twitter to let their followers know to do the same. Got it.

>>54454561

>>54454159
what are you talking about schizo?

>>54458157
stop gaslighting, glowie

>>54458186
i'm jewish, not a fed

>>54458202
It's really the same Mr.Tikkun Olam, you guys are all IRL Jannies and we are gatekeeped slaves

>>54454377
In Arabic downs is called Mongolian

>>54458892
Same in 20th century English

>>54458961
Arabic isn’t PC I guess because we still call black people “slaves”

>>54458157
for example this BTFP act, they cooked up some 2 trillion loan guarantee over a weekend and congress takes like 5 years to even agree on a few B for healthcare?

Come on

>>54454312
NAKADASHI NIPJAK UUUUOOOHHHHH SEXOOI

>>54454307
it wasn't nothing and it also wasn't earth shattering
it was about a 3.75/8

Yep, buy FRC if you want to 4x your stack by summer

https://thedreizinreport.com/2023/03/24/only-a-regional-bank-problem-heres-a-case-study-of-svb-problems-inside-a-top-ten-bank/

Banks are coming down sooner than later. svb was just the beginning.

>>54454561

>>54454159
Silvergate will rise again.

>>54454263
>>54454269
Good luck, boys
Tell me how it was

WELL WELL WELL

https://twitter.com/WatcherGuru/status/1643269868962082821

>>54460590
holy kek, thats some creative OC right there