And $151 Billion of that was UNINSURED.
On Saturday, March 11, 2023 at 3:39:15 PM UTC-8, Paul Popinjay wrote:
And $151 Billion of that was UNINSURED.
On Saturday, March 11, 2023 at 3:39:15 PM UTC-8, Paul Popinjay wrote:
And $151 Billion of that was UNINSURED.
(in other words, Retard Jerry 'n Vegas doesn't know wtf he's talking about)
On Saturday, March 11, 2023 at 3:41:49 PM UTC-8, Paul Popinjay wrote:
On Saturday, March 11, 2023 at 3:39:15 PM UTC-8, Paul Popinjay wrote:
And $151 Billion of that was UNINSURED.
~ (in other words, Retard Jerry 'n Vegas doesn't know wtf he's talking about)
I think I heard Jerry running away. Because you showed.
On Saturday, March 11, 2023 at 5:05:18 PM UTC-8, risky biz wrote:
On Saturday, March 11, 2023 at 3:41:49 PM UTC-8, Paul Popinjay wrote:
On Saturday, March 11, 2023 at 3:39:15 PM UTC-8, Paul Popinjay wrote:
And $151 Billion of that was UNINSURED.
~ (in other words, Retard Jerry 'n Vegas doesn't know wtf he's talking about)
I think I heard Jerry running away. Because you showed.
Then you should have no trouble showing where I was wrong..
On Saturday, March 11, 2023 at 5:09:05 PM UTC-8, VegasJerry wrote:
Then you should have no trouble showing where I was wrong..Where will the FDIC get the money if this catastrophe is big enough? Print it? This could be the end of America as we know it.
On Saturday, March 11, 2023 at 5:09:31 PM UTC-8, VegasJerry wrote:
On Saturday, March 11, 2023 at 5:05:18 PM UTC-8, risky biz wrote:
On Saturday, March 11, 2023 at 3:41:49 PM UTC-8, Paul Popinjay wrote:
On Saturday, March 11, 2023 at 3:39:15 PM UTC-8, Paul Popinjay wrote:
And $151 Billion of that was UNINSURED.
~ (in other words, Retard Jerry 'n Vegas doesn't know wtf he's talking about)
~ Wrong much? (LOL@U)I think I heard Jerry running away. Because you showed.
Then you should have no trouble showing where I was wrong..
On Saturday, March 11, 2023 at 5:09:05 PM UTC-8, VegasJerry wrote:.
Then you should have no trouble showing where I was wrong..
Where will the FDIC get the money if this catastrophe is big enough? Print it?
This could be the end of America as we know it.
No. All banks pay insurance. The fund is already there..
| ...
| If we lived in a good world--one in which Dodd-Frank had,
| as it should have, established the principle that all
| commercial banking deposits are insured (and that banks pay
| insurance premiums on all of their deposits) and if the
| 2018 EGRR&CPA had not been passed exempting SVB from NSFR,
| et cetera, then Peter Thiel's chaos-monkey appearance would
| not have made a difference. No one would have an incentive
| to pull their money out of SVB. If anyone had felt the
| urge, SVB would have had a very different portfolio--one
| without this mark-to-market loss and the
| expected-future-capital-gain offset--because it would have
| had to maintain its NSFR ratio above 100% throughout.
| ... <https://braddelong.substack.com/p/saturday-night-thoughts-on-the-need>
--bks
On Sunday, March 12, 2023 at 8:41:25 AM UTC-7, VegasJerry wrote:.
No. All banks pay insurance. The fund is already there..
You're full of shit.
We have never faced a situation where all banks are under. Not since FDIC anyway.
On Sunday, March 12, 2023 at 10:05:10 AM UTC-7, Paul Popinjay wrote:
On Sunday, March 12, 2023 at 8:41:25 AM UTC-7, VegasJerry wrote:
.No. All banks pay insurance. The fund is already there..
You're full of shit.You are full of ignorance.
We have never faced a situation where all banks are under. Not since FDIC anyway.
|
| How Trump's Deregulation Sowed The Seeds For Silicon Valley
| Bank's Demise
|
| Anyone who doubted how detrimental Trump administration
| policies would be should analyze the damage unfolding for
| those trampled by Silicon Valley Bank's collapse. On May
| 24, 2018, Trump signed into law the Economic Growth,
| Regulatory Relief and Consumer Protection Act (the "Reform
| Act"). This was a regulatory relief bill for regional and
| community bill, which bank lobbyists and numerous
| politicians had fought hard for.
| ... <https://www.forbes.com/sites/mayrarodriguezvalladares/2023/03/12/how-trumps-deregulation-sowed-the-seeds-for-silicon-valley-banks-demise/>
--bks
|
| Silicon Valley Bank collapse puts new spotlight on a 2018
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
| ... <https://www.nbcnews.com/politics/congress/silicon-valley-bank-collapse-puts-new-spotlight-2018-bank-deregulation-rcna74655>
--bks
~ On Sunday, March 12, 2023 at 1:52:25 PM UTC-7, VegasJerry wrote:
On Sunday, March 12, 2023 at 10:05:10 AM UTC-7, Paul Popinjay wrote:
On Sunday, March 12, 2023 at 8:41:25 AM UTC-7, VegasJerry wrote:
.No. All banks pay insurance. The fund is already there..
You're full of shit.You are full of ignorance.
~ See?We have never faced a situation where all banks are under. Not since FDIC anyway.
So you conclude that it can't happen?
I just read an article about groups of dolphins that beach themselves and die.
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
| ...
Interesting ... why now and not "before" the collapse?
On Sunday, March 12, 2023 at 2:07:16 PM UTC-7, risky biz wrote:
~ On Sunday, March 12, 2023 at 1:52:25 PM UTC-7, VegasJerry wrote:
On Sunday, March 12, 2023 at 10:05:10 AM UTC-7, Paul Popinjay wrote:~ See?
On Sunday, March 12, 2023 at 8:41:25 AM UTC-7, VegasJerry wrote:.
No. All banks pay insurance. The fund is already there..
You're full of shit.You are full of ignorance.
We have never faced a situation where all banks are under. Not since FDIC anyway.
So you conclude that it can't happen?
So you're dodging again? It is as I (and this morning what our President) said/
THE NEW YORK TIMES
Biden Offers Assurances as Shares of Midsize Banks Spiral
Markets wobbled and regional bank stocks
tumbled following the collapse of Silicon
Valley Bank and Signature Bank. Regulators
tried to contain the damage by guaranteeing
deposits at the banks and opening a broader
emergency lending program.
https://www.nytimes.com/live/2023/03/13/business/silicon-valley-bank
_______________
I just read an article about groups of dolphins that beach themselves and die.
((JFC! Can you Dodger & Run any faster?))
.
.
.
One theory is herd behavior. A leader of the pod develops dementia and the rest follow out of never having had a habit of thinking independently. They can't even develop it when they're dying on the beach.
~ On Sunday, March 12, 2023 at 1:52:25 PM UTC-7, VegasJerry wrote:.
On Sunday, March 12, 2023 at 10:05:10 AM UTC-7, Paul Popinjay wrote:
On Sunday, March 12, 2023 at 8:41:25 AM UTC-7, VegasJerry wrote:
.No. All banks pay insurance. The fund is already there..
You're full of shit.
You are full of ignorance.
~ See?We have never faced a situation where all banks are under. Not since FDIC anyway.
So you conclude that it can't happen?
I just read an article about groups of dolphins that beach themselves and die. One theory is herd behavior. A leader of the pod develops dementia and the rest follow out of never having had a habit of thinking independently. They can't even develop itwhen they're dying on the beach.
da pickle <jcpi...@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
| ...
Interesting ... why now and not "before" the collapse?
That question makes no sense.
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
--bks
On 3/13/2023 1:42 PM, Bradley K. Sherman wrote:
da pickle <jcpickels@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
Interesting ... why now and not "before" the collapse?
That question makes no sense. In 2018 she fought Trump when
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
How did "Trump" by himself "throw out" those protections?
da pickle <jcpickels@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
| ...
Interesting ... why now and not "before" the collapse?
That question makes no sense. In 2018 she fought Trump when
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
--bks
da pickle <jcpickels@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
| ...
Interesting ... why now and not "before" the collapse?
That question makes no sense. In 2018 she fought Trump when
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
--bks
da pickle <jcpickels@nospam.hotmail.com> wrote:
On 3/13/2023 1:42 PM, Bradley K. Sherman wrote:
da pickle <jcpickels@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
Interesting ... why now and not "before" the collapse?
That question makes no sense. In 2018 she fought Trump when
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
How did "Trump" by himself "throw out" those protections?
Here's a 96-second vidwo of him taking credit for it: <https://twitter.com/Acyn/status/1635033159162286082>
--bks
On 3/13/2023 1:42 PM, Bradley K. Sherman wrote:
da pickle <jcpi...@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
| ...
Interesting ... why now and not "before" the collapse?
That question makes no sense. In 2018 she fought Trump when
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
--bks
did Biden and only Biden undo this obvious mistake?
Is that question so hard to understand?
Maybe Jerry will dodge it for you ...
da pickle <jcpi...@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
| ...
Interesting ... why now and not "before" the collapse?
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
--bks
da pickle <jcpi...@nospam.hotmail.com> wrote:
On 3/13/2023 1:42 PM, Bradley K. Sherman wrote:
da pickle <jcpi...@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
Interesting ... why now and not "before" the collapse?
That question makes no sense. In 2018 she fought Trump when
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
How did "Trump" by himself "throw out" those protections?
<https://twitter.com/Acyn/status/1635033159162286082>
--bks
da pickle <jcpi...@nospam.hotmail.com> wrote:
On 3/13/2023 1:42 PM, Bradley K. Sherman wrote:
da pickle <jcpi...@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
Interesting ... why now and not "before" the collapse?
That question makes no sense. In 2018 she fought Trump when
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
How did "Trump" by himself "throw out" those protections?Here's a 96-second vidwo of him taking credit for it: <https://twitter.com/Acyn/status/1635033159162286082>
--bks
On Monday, March 13, 2023 at 11:42:17 AM UTC-7, Bradley K. Sherman wrote:.
da pickle <jcpi...@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
| ...
Interesting ... why now and not "before" the collapse?
~ That question makes no sense. In 2018 she fought Trump when
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
--bksKey word: 'she'.
Elizabeth Warren isn't a stand-in for the Democratic Party. As far as the Democratic Party Super Club ...
When the anti-Bernie primary coup was engineered by Obama and his cronies they didn't even ask her to endorse Biden like all the other pygmy primary candidates lined up to do when they were let in on the plot.
On Monday, March 13, 2023 at 1:45:55 PM UTC-7, da pickle wrote:.
On 3/13/2023 1:42 PM, Bradley K. Sherman wrote:
da pickle <jcpi...@nospam.hotmail.com> wrote:
...
| Silicon Valley Bank collapse puts new spotlight on a 2018...
| bank deregulation law
|
| Democratic Sen. Elizabeth Warren, who led the push against
| that Trump-era law, now wants to restore those rules on
| financial institutions. Biden is also calling on Congress
| to act.
| ...
Interesting ... why now and not "before" the collapse?
That question makes no sense. In 2018 she fought Trump when
he threw out the protections that Warren fought for after
Bush's 2008 financial meltdown. She's been fighting to
reinstate those protections since then. Just acknowledge
that she was right and Trump was wrong and you'll cure your
cognitive dissonance.
~ I explained it ... if Trump and only Trump threw out something ... why--bks
did Biden and only Biden undo this obvious mistake?
Is that question so hard to understand?
Maybe Jerry will dodge it for you ...
LOL. It's so amusing how they are both trying to shift, shift, shift ..
And the really funny part
is how Jerry and Blab spent a good part of yesterday pooh-poohing and giggling about what Paul was asserting.
They are obviously utter fools now that banking regulators took extraordinary steps...
to counteract the exact results that Paul forecasted were imminent.
| ...
| If we lived in a good world--one in which Dodd-Frank had,
| as it should have, established the principle that all
| commercial banking deposits are insured (and that banks pay
| insurance premiums on all of their deposits) and if the
| 2018 EGRR&CPA had not been passed exempting SVB from NSFR,
| et cetera, then Peter Thiel's chaos-monkey appearance would
| not have made a difference. No one would have an incentive
| to pull their money out of SVB. If anyone had felt the
| urge, SVB would have had a very different portfolio--one
| without this mark-to-market loss and the
| expected-future-capital-gain offset--because it would have
| had to maintain its NSFR ratio above 100% throughout.
| ... <https://braddelong.substack.com/p/saturday-night-thoughts-on-the-need>
--bks
On Sunday, March 12, 2023 at 8:03:57 AM UTC-7, Bradley K. Sherman wrote:
| ...
| If we lived in a good world--one in which Dodd-Frank had,
| as it should have, established the principle that all
| commercial banking deposits are insured (and that banks pay
| insurance premiums on all of their deposits) and if the
| 2018 EGRR&CPA had not been passed exempting SVB from NSFR,
| et cetera, then Peter Thiel's chaos-monkey appearance would
| not have made a difference. No one would have an incentive
| to pull their money out of SVB. If anyone had felt the
| urge, SVB would have had a very different portfolio--one
| without this mark-to-market loss and the
| expected-future-capital-gain offset--because it would have
| had to maintain its NSFR ratio above 100% throughout.
| ...
<https://braddelong.substack.com/p/saturday-night-thoughts-on-the-need>
--bks
The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018? Over 36% of the Democrats in the Senate voted FOR it.
Any comments about that?
| ...
| If we lived in a good world--one in which Dodd-Frank had,
| as it should have, established the principle that all
| commercial banking deposits are insured (and that banks pay
| insurance premiums on all of their deposits) and if the
| 2018 EGRR&CPA had not been passed exempting SVB from NSFR,
| et cetera, then Peter Thiel's chaos-monkey appearance would
| not have made a difference. No one would have an incentive
| to pull their money out of SVB. If anyone had felt the
| urge, SVB would have had a very different portfolio--one
| without this mark-to-market loss and the
| expected-future-capital-gain offset--because it would have
| had to maintain its NSFR ratio above 100% throughout.
| ... <https://braddelong.substack.com/p/saturday-night-thoughts-on-the-need>
--bks
Any comments about that?
On Monday, March 13, 2023 at 8:02:44 PM UTC-7, risky biz wrote:
~ On Sunday, March 12, 2023 at 8:03:57 AM UTC-7, Bradley K. Sherman wrote:
| ...
| If we lived in a good world--one in which Dodd-Frank had,
| as it should have, established the principle that all
| commercial banking deposits are insured (and that banks pay
| insurance premiums on all of their deposits) and if the
| 2018 EGRR&CPA had not been passed exempting SVB from NSFR,
| et cetera, then Peter Thiel's chaos-monkey appearance would
| not have made a difference. No one would have an incentive
| to pull their money out of SVB. If anyone had felt the
| urge, SVB would have had a very different portfolio--one
| without this mark-to-market loss and the
| expected-future-capital-gain offset--because it would have
| had to maintain its NSFR ratio above 100% throughout.
| ...
<https://braddelong.substack.com/p/saturday-night-thoughts-on-the-need>
--bks
~ The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018? Over 36% of the Democrats in the Senate voted FOR it.
Any comments about that?
Wow. The silent treatment.
On Monday, March 13, 2023 at 8:02:44 PM UTC-7, risky biz wrote:
~ On Sunday, March 12, 2023 at 8:03:57 AM UTC-7, Bradley K. Sherman wrote:
| ...
| If we lived in a good world--one in which Dodd-Frank had,
| as it should have, established the principle that all
| commercial banking deposits are insured (and that banks pay
| insurance premiums on all of their deposits) and if the
| 2018 EGRR&CPA had not been passed exempting SVB from NSFR,
| et cetera, then Peter Thiel's chaos-monkey appearance would
| not have made a difference. No one would have an incentive
| to pull their money out of SVB. If anyone had felt the
| urge, SVB would have had a very different portfolio--one
| without this mark-to-market loss and the
| expected-future-capital-gain offset--because it would have
| had to maintain its NSFR ratio above 100% throughout.
| ... <https://braddelong.substack.com/p/saturday-night-thoughts-on-the-need>
~ The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018? Over 36% of the Democrats in the Senate voted FOR it.--bks
Any comments about that?
Wow. The silent treatment.
On Tuesday, March 14, 2023 at 8:32:48 PM UTC-4, risky biz wrote:
On Monday, March 13, 2023 at 8:02:44 PM UTC-7, risky biz wrote:
~ On Sunday, March 12, 2023 at 8:03:57 AM UTC-7, Bradley K. Sherman wrote:
| ...
| If we lived in a good world--one in which Dodd-Frank had,
| as it should have, established the principle that all
| commercial banking deposits are insured (and that banks pay
| insurance premiums on all of their deposits) and if the
| 2018 EGRR&CPA had not been passed exempting SVB from NSFR,
| et cetera, then Peter Thiel's chaos-monkey appearance would
| not have made a difference. No one would have an incentive
| to pull their money out of SVB. If anyone had felt the
| urge, SVB would have had a very different portfolio--one
| without this mark-to-market loss and the
| expected-future-capital-gain offset--because it would have
| had to maintain its NSFR ratio above 100% throughout.
| ... <https://braddelong.substack.com/p/saturday-night-thoughts-on-the-need>
~ The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018? Over 36% of the Democrats in the Senate voted FOR it.--bks
Any comments about that?
Wow. The silent treatment.Knew he couldn't show
On Wednesday, March 15, 2023 at 9:50:53 AM UTC-7, BTSinAustin wrote:
On Tuesday, March 14, 2023 at 8:32:48 PM UTC-4, risky biz wrote:
On Monday, March 13, 2023 at 8:02:44 PM UTC-7, risky biz wrote:
~ On Sunday, March 12, 2023 at 8:03:57 AM UTC-7, Bradley K. Sherman wrote:
| ...
| If we lived in a good world--one in which Dodd-Frank had,
| as it should have, established the principle that all
| commercial banking deposits are insured (and that banks pay
| insurance premiums on all of their deposits) and if the
| 2018 EGRR&CPA had not been passed exempting SVB from NSFR,
| et cetera, then Peter Thiel's chaos-monkey appearance would
| not have made a difference. No one would have an incentive
| to pull their money out of SVB. If anyone had felt the
| urge, SVB would have had a very different portfolio--one
| without this mark-to-market loss and the
| expected-future-capital-gain offset--because it would have
| had to maintain its NSFR ratio above 100% throughout.
| ... <https://braddelong.substack.com/p/saturday-night-thoughts-on-the-need>
~ The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018? Over 36% of the Democrats in the Senate voted FOR it.--bks
Any comments about that?
Show what?Wow. The silent treatment.Knew he couldn't show
(That goes alone with, "What List," you're still running from) (If you ever replied...)
On Wednesday, March 15, 2023 at 2:24:50 PM UTC-4, VegasJerry wrote:
On Wednesday, March 15, 2023 at 9:50:53 AM UTC-7, BTSinAustin wrote:
On Tuesday, March 14, 2023 at 8:32:48 PM UTC-4, risky biz wrote:
On Monday, March 13, 2023 at 8:02:44 PM UTC-7, risky biz wrote:
~ On Sunday, March 12, 2023 at 8:03:57 AM UTC-7, Bradley K. Sherman wrote:
| ...
| If we lived in a good world--one in which Dodd-Frank had,
| as it should have, established the principle that all
| commercial banking deposits are insured (and that banks pay
| insurance premiums on all of their deposits) and if the
| 2018 EGRR&CPA had not been passed exempting SVB from NSFR,
| et cetera, then Peter Thiel's chaos-monkey appearance would
| not have made a difference. No one would have an incentive
| to pull their money out of SVB. If anyone had felt the
| urge, SVB would have had a very different portfolio--one
| without this mark-to-market loss and the
| expected-future-capital-gain offset--because it would have
| had to maintain its NSFR ratio above 100% throughout.
| ... <https://braddelong.substack.com/p/saturday-night-thoughts-on-the-need>
~ The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018? Over 36% of the Democrats in the Senate voted FOR it.--bks
Any comments about that?
.Show what?Wow. The silent treatment.Knew he couldn't show
(That goes alone with, "What List," you're still running from) (If you ever replied...)
I give your posts and ....
On 3/13/2023 1:27 PM, VegasJerry wrote:
On Sunday, March 12, 2023 at 2:07:16 PM UTC-7, risky biz wrote:
~ On Sunday, March 12, 2023 at 1:52:25 PM UTC-7, VegasJerry wrote:
On Sunday, March 12, 2023 at 10:05:10 AM UTC-7, Paul Popinjay wrote: >>>>> On Sunday, March 12, 2023 at 8:41:25 AM UTC-7, VegasJerry wrote:~ See?
.
No. All banks pay insurance. The fund is already there..
You're full of shit.You are full of ignorance.
We have never faced a situation where all banks are under. Not
since FDIC anyway.
So you conclude that it can't happen?
So you're dodging again? It is as I (and this morning what our
President) said/
THE NEW YORK TIMES
Biden Offers Assurances as Shares of Midsize Banks Spiral
Markets wobbled and regional bank stocks
tumbled following the collapse of Silicon
Valley Bank and Signature Bank. Regulators
tried to contain the damage by guaranteeing
deposits at the banks and opening a broader
emergency lending program.
https://www.nytimes.com/live/2023/03/13/business/silicon-valley-bank
_______________
I just read an article about groups of dolphins that beach themselves
and die.
((JFC! Can you Dodger & Run any faster?))
.
.
One theory is herd behavior. A leader of the pod develops dementia
and the rest follow out of never having had a habit of thinking
independently. They can't even develop it when they're dying on the
beach.
Which herd appeals to you, Jerry?
| Sysop: | Keyop |
|---|---|
| Location: | Huddersfield, West Yorkshire, UK |
| Users: | 300 |
| Nodes: | 16 (2 / 14) |
| Uptime: | 26:39:13 |
| Calls: | 6,707 |
| Calls today: | 1 |
| Files: | 12,239 |
| Messages: | 5,352,567 |