Recent comments in /f/news
Jeremycycles t1_jch9i93 wrote
Reply to comment by InteractionNOVA2021 in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers
After the assets are sold. So right now if any regular Joe Schmo bank fails the regular people are fucked
[deleted] t1_jch8uf8 wrote
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InteractionNOVA2021 t1_jch8md9 wrote
Reply to comment by Jeremycycles in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers
The FDIC will require the other banks it insures to pay a special assessment to help pay for at least some of this depositor rescue. The same thing happened after the Banking Crisis of 2008. At that time, the premium was 20 cents for every $100 dollars of domestic deposits.
I also anticipate that the FDIC will recover a decent amount from the sale of SVB's assets. This isn't the typical situation in which the bank is burdened by a substantial portfolio of non-performing loans.
lifeisawork_3300 t1_jch7wmg wrote
Reply to comment by MalcolmLinair in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers
I think more of it like this episode
Bart:What do you mean the bank is out of money? Insolvent?...... Only have enough cash for the next three customers.
In conclusion your money is Bill and Freds house.
[deleted] t1_jch7aj5 wrote
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TomCatClyde t1_jch6pu5 wrote
So.. the bird was a mule so a jailbird could shoot horse in the cell?
[deleted] t1_jch6dkq wrote
[deleted] t1_jch63fs wrote
Reply to comment by _angryguy_ in WSJ News Exclusive | U.S. Threatens Ban if TikTok’s Chinese Owners Don’t Sell Stakes by TheAngelMutants
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IamreallynotaNPC t1_jch5sjx wrote
I didn't know pigeons could even make backpacks.
[deleted] t1_jch5r5s wrote
Reply to comment by legion02 in WSJ News Exclusive | U.S. Threatens Ban if TikTok’s Chinese Owners Don’t Sell Stakes by TheAngelMutants
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JustAKeyboard t1_jch4g36 wrote
So the pigeon is a mule?
[deleted] t1_jch4ei0 wrote
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LakeGladio666 t1_jch3cg8 wrote
Let prisoners do pigeon stuff. It’s whimsical.
PhoenixReborn t1_jch3537 wrote
Reply to comment by [deleted] in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers
They were pretty explicit that SVB and Signature were getting an exception due to systemic risk. The Fed and FDIC would have to reach the same conclusion for another intervention. How many deposits in Oklahoma are even uninsured?
hibelly t1_jch0o8a wrote
Reply to comment by resplendence4 in Second pigeon wearing homemade smuggling backpack found inside B.C. prison by heathtree
"I am the one who flies"
noxx1234567 t1_jch0mc5 wrote
Reply to comment by [deleted] in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers
That seems incredibly corrupt and unethical to bail out some bank depositors selectively , why are SVB depositors getting bailed out when others won't ?
[deleted] t1_jcgzwfb wrote
Reply to comment by TheRealCabbageJack in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers
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[deleted] t1_jcgzs9y wrote
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TheRealCabbageJack t1_jcgyhou wrote
Reply to comment by Jeremycycles in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers
Counterpoint: it’s depositors were all very very rich people. That is all.
Ksh_667 t1_jcgyfaq wrote
Stories like this & the parachuting beavers is why I come to the internet.
Vdawgp t1_jcgy4s0 wrote
Reply to comment by cookingboy in WSJ News Exclusive | U.S. Threatens Ban if TikTok’s Chinese Owners Don’t Sell Stakes by TheAngelMutants
First off, there is proof of algorithm manipulation.
Second, I don’t understand how bringing up China banning Western social media is an argument against banning TikTok in its current state. Why are we playing to a double standard where they can ban our apps but we can’t ban theirs? If China does this because they believe Western social media would manipulate its contests to cause unrest, then they’d have no issue using TikTok to do the same and we shouldn’t allow it.
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[deleted] t1_jcgxhiv wrote
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Esoteric2022 t1_jcgx1p5 wrote
Reply to comment by pegothejerk in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers
Who is saying it is the best choice?
[deleted] t1_jchbier wrote
Reply to A World War II airman's "piloting skill" helped save 7 soldiers from a crash in 1944. His remains have now been identified. by DICHOTOMY-REDDIT
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