stock market was up today...

[Fun coupon VOL]

When your risk managers are more interested in diversity than safety, you deserve to fail.

Greed my friend.

No telling how many times I heard, “well we can’t stop providing loans, as our competitors are willing to do this”.

 

[Vol737]

What scares me more than the current state of the FDIC is that the concept of negative interest rates was a thing a couple of years ago and then it quietly went away. Imagine having a huge pile of cash and wanting to “safely” tuck it away in conservative bank accounts only to have them reduce the money in the account every year. Makes a case for holding paper money if negative interest rates are accompanied with disinflation. Instead of payday advance stores on every corner, there’s be safe deposit box businesses on every corner. But then the Fed probably eliminates paper currency after that.

Makes the case for crypto.

I think you’re right as soon as the Fed, other central banks and .gov can get its arms around crypto and regulate it. Will be just another tracking mechanism for all of our transactions, only crypto is the conduit to attach social credit scores. I don’t trust it at all, but I also don’t know what I don’t know about it yet.

 

[Velo Vol]

Banks are your enemy.

 

[Rasputin_Vol]

Silicon Valley Bank Followed Exactly What Regulation Recommended | ZeroHedge

 

[lawgator1]

Have to say, CNN web page is all in on the Oscar's, and fashion. Got to toggle down a ways to see that the US is going to guarantee all depositors to SVB.

Pretty bad priorities there.

 

[volfanhill]

Have to say, CNN web page is all in on the Oscar's, and fashion. Got to toggle down a ways to see that the US is going to guarantee all depositors to SVB.

Pretty bad priorities there.

It accurately reflects its consumers priorities

 

[Fun coupon VOL]

Silicon Valley Bank Followed Exactly What Regulation Recommended | ZeroHedge

BS with that.

 

[Fun coupon VOL]

20 or so badly / terribly manage balance sheet concentration banks should not affect the FED’s outlook on interest rate hikes.

Think about this. The squeaky wheel gets the grease.

 

[Ernest T. Vol]

GOLDMAN: “In light of recent stress in the banking system, we no longer expect the FOMC to deliver a rate hike at its March 22 meeting with considerable uncertainty about the path beyond March.”

 

[Fun coupon VOL]

GOLDMAN: “In light of recent stress in the banking system, we no longer expect the FOMC to deliver a rate hike at its March 22 meeting with considerable uncertainty about the path beyond March.”

Tweet get cancelled?

 

[Ernest T. Vol]

Tweet get cancelled?

Possibly, this one was retweeted by Carl Quintanilla. There is also another one almost immediately saying they believe .25 basis points in next 4 meetings.

 

[Fun coupon VOL]

Possibly, this one was retweeted by Carl Quintanilla. There is also another one almost immediately saying they believe .25 basis points in next 4 meetings.

As it should be at minimum. 20 banks with terrible concentration ratios don’t control the us economy. That is on you as a depositor to know where you are keeping your money.

 

[lawgator1]

It accurately reflects its consumers priorities

The two lead Fox stories are some Christian stuff and illegal immigrants. So they are also repeating their same menu.

 

[volfanhill]

The two lead Fox stories are some Christian stuff and illegal immigrants. So they are also repeating their same menu.

Yes it accurately reflects their consumers. Good lord you are terrible. How about you be bigger? Demand more? Call CNN FOS? Ah nope you don't do that. It's one of many reasons you should be mocked daily.

 

[Ernest T. Vol]

They're going to roll Biden out to address the problems at 8 am Monday morning. Must be some fear about spreading and blaming.

Bloomberg live

Live Blog: SVB Fallout Spreads

 

[lawgator1]

Yes it accurately reflects their consumers. Good lord you are terrible. How about you be bigger? Demand more? Call CNN FOS? Ah nope you don't do that. It's one of many reasons you should be mocked daily.

I was. I just said bad priorities. Read my post.

 

[volfanhill]

I was. I just said bad priorities. Read my post.

That's fair. My apologies.

 

[lawgator1]

That's fair. My apologies.

No worries.

I'm still giddy over our NIT bid.

 

[NorthDallas40]

They're going to roll Biden out to address the problems at 8 am Monday morning. Must be some fear about spreading and blaming.

Bloomberg live

Live Blog: SVB Fallout Spreads

Oh God don’t put PuddinHead’s idiot ass at a mic trying to explain this. He’ll just do his usual get lost and blame Trump schtick.

 

[NorthDallas40]

No worries.

I'm still giddy over our NIT bid.

Billy Donavan is going to hunt you down and beat your ass for talking like that.

 

[Velo Vol]

Possibly, this one was retweeted by Carl Quintanilla. There is also another one almost immediately saying they believe .25 basis points in next 4 meetings.

 

[Ernest T. Vol]

View attachment 540643

Yea, CNBC ran a special program tonight talking about it with Liesman, Cramer and Sullivan. But right now they are running red script about the Oscars. Seems out of place on purpose. Bloomberg is talking about it head on. Hard to know what to believe. I don't trust any of them.

 

[lawgator1]

Billy Donavan is going to hunt you down and beat your ass for talking like that.

It's funny, I enjoyed watching his career at UF. He came in so young and was a guard at Providence. For a decade he recruited in his own image. Just a guard heavy offense.

Eventually he realized the NCAA tourney required the big uglies in the middle. And he got incredibly lucky with that 2006 and 7 team. Honestly don't known when or even if we'll see back to back same school win it all. It's so tough.

 

[Fun coupon VOL]

Bloomberg is a bunch of blowhards on good everything. Just tune into 119 on a daily basis. Every ceo in America will tell you they don’t see a slow down or any indicators leading to rough times.

 

[NorthDallas40]

It's funny, I enjoyed watching his career at UF. He came in so young and was a guard at Providence. For a decade he recruited in his own image. Just a guard heavy offense.

Eventually he realized the NCAA tourney required the big uglies in the middle. And he got incredibly lucky with that 2006 and 7 team. Honestly don't known when or even if we'll see back to back same school win it all. It's so tough.

UF fielded a tough team and got those two championships just before Calipari’s arrival at UK I believe. A pretty amazing feat in the SEC or any basketball strong conf. Even the ACC