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/biz/ - Business & Finance


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54029390 No.54029390 [Reply] [Original]

All over Twitter

>> No.54029406

How come literally every tech company used the exact same bank?

>> No.54029417

>>54029406
You'll see next week when we find out how the sausage is made behind the scenes. :)

>> No.54029421

Why couldn't they just use some fucking established bank like Bank of America?

>> No.54029430

>>54029406
probably some cia blackop piggy bank with a hint of money funneling to china

>> No.54029444

>>54029421
BofA doesnt loan to as many retards with sham "startups" that have names like Oobly and Toopr.

>> No.54029446

>>54029390
This is literally not even the beginning lmao. God I am fucking giddy.

>> No.54029449

>>54029406

Cause lax regulations.

>> No.54029453

>>54029390
It obviously isn't a big deal. You won't need that money until late Monday goyim. No need to pay rent or buy groceries. The Jewlord who owns your apartment will understand. Good goy. The banks are so resilient right now!

>> No.54029455

>>54029406
It's unironically a progressive majority woman bank.

>> No.54029456

>>54029421
My guess is SVB competitive edge was that it was "high tech" and "well partnered will Silicon Valley" or some shit. Boomer banks are dinosaurs and hardly offer anything innovative and fast when it comes to modern web applications

>> No.54029469

Can you imagine how much insane shit is going to go down behind the scenes over the weekend?! What a time to be alive.

>> No.54029475

>>54029417
And by "we" I mean "you", the public. I'm an insider who works at a PE firm in Santa Clara. Just your wait. Things are going to get good.

>> No.54029478

>>54029456
"Boomer banks" aren't defaulting either apparently (yet)

>> No.54029486

>>54029444

Trip check

This. Startups are like wolf of wall street that needed quick funding and lax requirements. Ask anyone that's in startup.

>> No.54029497
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54029497

>>54029390
it's fucking ogre
the contagion is out of control

>> No.54029500

>>54029390
"Everything's fine" means it isn't
"A small delay" means eternity

Fuck you. Pay me. Should be the only response.

>> No.54029509
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54029509

Oh no!!!!! I need to get paid for my feminine penis knitted ball holders. OCCUPY WALLSTREET V.2 NOW FUCKING BIGOTS
>OMG PEDO JOE BAIL THE BANKS OUT THOUGH, THANX

>> No.54029521

Time to buy from Etsy and then charge back lmao

>> No.54029529

>>54029521

Based

>> No.54029597
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54029597

>>54029390
Roasties BTFO. We haven't even started yet and I'm already having a blast.

>> No.54029625

>>54029597

Yes. Monday gonna be lit.

>> No.54029746

>>54029390
Fuck etsy.
I stopped using them for anything when they hardcore cancelled anyone that tried to sell "Stop the Steal" merchandise back in 2020 & 2021 after stupid joe biden cheated President Trump.

GO WOKE GO BROKE, OVERPRICED WHORES

>> No.54029761

>>54029421
Because Leftists were giving eachother "deals" and making business arrangements only with other hyperwoke companies.

Just like how only really gay blue people were using FTX for anything

>> No.54029775

>>54029421

BofA deez nuts

>> No.54029780
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54029780

>>54029406
Because all big banks are overregulated piece of shits that don't let you do anything else than receive a salary or gibs.

My family used to have a bank account in a us bank for 20 years they never put or took anything it was just there getting a few cents of interest per year.

One day the cocksuckers decided they were "high risk" and told them to gtfo, so they tried to do a wire to another bank and they were not let due to aml laws, then another and also neither.

They had to go to a shaddy fucker that created a fake investment fund and then gave them the cash usd physically.

It's unbelievable how cucked big us banks are.

There are two tier banks big and regulated cucked banks not useful for anything else that getting a kosher wage and gibs.

"Neobanks" that have almost always 0 insurance and operate under lax regulations.

The best of both worlds would have been the crypto banks that wyoming was pushing as those would have proof of reserves and operate and earn money from fees rather than buying bonds from each other non stop like retards.

I seriously hope the imbeciles at the white house are working asap to have an answer to this in 48 hours or the usa risk becoming like us here in Argentina fast as fuck.

You yanks may have problems but i don't think the world will be better with the us going full retard, maybe with a slowly retreating burgerland but not a total collapse ffs.

>> No.54029790

>>54029390
>There is no contagion, goyim.

>> No.54029890

>>54029761

> ftx

Haven't heard shit about them lately

>> No.54029938

>>54029780

> shaddy fucker that created a fake investment fund and then gave them the cash usd physically

Unironically I believe it.

>> No.54030078
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54030078

>>54029938
it's all true, i could not believe it, the bank was not letting the money that was parked for 20 years go to another bank account.

It was a clean bank account 0 wires or anything for 20 years, just retirement money sitting there.

And they would not wire it to another bank in the usa, the shaddy fucker did some bizarre shit like a bank account in portugal for a fund in new zealand to a wire in another country.

They refused the real transactions due to aml law and they let that shit go, i could not believe it.

Shit's insane and there are still retards here fuding crypto.

>> No.54030107

>>54029390
thank you anon
i didn't think this could get better

>> No.54030180

>>54030107
Dearest anon... We're just getting started.

>> No.54030224

>>54029406

“Silicon Valley bank”

Silicon Valley is where big tech… used to exist, before it started picking up and Moving to Austin tx.


Looks like a lot of companies are going to get F’d by this. Hope it all implodes.

The fed will bail them all out, and we are going to hyper inflate, and soon we will all own nothing and be happy.

>> No.54030236

>>54030078

Ya, that's how the world operates now. What's wrong is right and what's right is wrong. Good they got their money though and the guy didn't run off with it, cause that shit happens. But I'm sure he made a pretty copper penny.

Regardless, what's annoying is though is the people at the bank are just policy pushers, they don't care, it's like Soviet Russia - all about bureaucracy and what's on a sheet of paper with ink on it and it's a party at the top.

Guaranteed in California this bank was just a circle jerk of woke elites taking advantage of the lax regulations and little oversight cause they control the institutions. I mean look at the damn ppp loans and fraud with unemployment going on in Cali during COVID-19. Some 10 billion unaccounted for.

It's all corruption and everyone knows it.

>> No.54030261

¯\_(ツ)_/¯ Oops

>> No.54030297

>>54030261

Oh it's okay sweetie, you massage men's genitals with your bum while dressed as a women demanding to be called a women, we'll bail you out of your oopsie.

Tehe, everyone makes an oopsie poopsie.

>> No.54030357

>last week
>everything good
>this week
>everything goes tits up
Lmao

>> No.54030449
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54030449

>>54030236
>Regardless, what's annoying is though is the people at the bank are just policy pushers, they don't care, it's like Soviet Russia - all about bureaucracy and what's on a sheet of paper with ink on it and it's a party at the top.

Yea they are enforcers of suicidal policies, yet the problem is not on them but on the people pushing those suicidal policies like elizabeth warren.