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Sillicon Valley Bank Paid Out $73 Million to BLM and BLM-Associated Causes
Update: Gavin Newsom Lobbied For Bailout of Bank's Depositors, Without Revealing He Was One of the Bank's Depositors
Before getting to that: Paul Sperry reported this over the weekend.
Paul SperryA Claremont Institute analysis of corporate donations to BLM finds that the woke bank spent precious dollars it turns out it didn't have to prop up BLM.
@paulsperry_ DEVELOPING: Fed Reserve Bank of SF that missed massive red flags @ SV Bank run by openly gay diversity quota & Janet Yellen protege Mary Daly who focused more on "climate change and inequities" than regulating rogue banks like SVB. Also chairs SF Fed Diversity & Inclusion Council
As it turns out, SVB was a massive donor to Black Lives Matter and other social justice causes, to the tune of nearly $74 million dollars. $73,450,000 to be more exact. The figure comes from an extensive report dropped by the Claremont Institute on Tuesday. The report details $82 billion dollars in social justice/BLM investments by major American companies. SVB stands out as one of the larger donors, next to big donors like Apple ($100 million) and Comcast ($165 million). While at the top of the donation pool, those contributors do pale in comparison to donors like Blackrock ($810 million) and Citigroup ($1.1 billion). However, the group did pledge on their website to provide in total up to $11 billion dollars by 2026 for Diversity, Equity and Inclusion (DEI) programs and racial justice causes. SVB executives explained on their website the turbulent racial atmosphere following the George Floyd killing and protests prompted them to expand "opportunities for dialogue," a calling that doesn't seem too have much concrete investment return, but ended up taking $74 million dollars out of bank coffers anyway.When they weren't spending the bank's assets on buying BLM a luxury Trap House, they were focusing on making prudent investments that would keep the bank solvent. Nah, just pulling your leg, when they weren't donating to BLM they were making "diversity" and "climate" "investments."
You'll be happy to know that this bank that failed and cost the American taxpayers billions was very "diverse" and pursued "equity," meaning, guaranteed equal outcomes no matter what the actual level of ability of employees or no matter how risky the investments.
The company's Corporate Responsibility report leaned heavily on their Environmental, Social and Governance (ESG) actions. Some of the report's major concerns included: * Climate and environmental finance and investment
* Climate and environmental risk management
* Climate and environmental impacts from operations
* Diversity, equity and inclusion across our leadership, workforce, supply chain and communities
* Community Development, financial inclusion and economic equality
* Quality of leadership (including skills and diversity)
Update:
It also touted their diversity efforts, reporting their hired their "first Diversity, Equity & Inclusion Officer (CDEIO)" and "enhanced workforce and Board diversity metrics."We provide DEI learning tracks and programming, integrating content into our overall learning experiences at SVB. Courses range from raising awareness of unconscious bias to mitigating micro-behaviors to promote inclusivity. In 2019 we piloted programs focused on allyship, and in 2020 we hosted a series of Conversation Circles enterprise-wide to address systemic racism and social oppression. Company reports highlighted their workforce as 67% "diverse", including 45% of the total workforce being made up of women, and 40% minorities.
unusual_whales @unusual_whales · 4h BREAKING: California Governor Gavin Newsom lobbied the White House and Treasury on the bailout of Silicon Valley Bank, without disclosing that his private wineries had reportedly been the bank's clients & he may have even had a personal account at the bank, per the InterceptThanks to andycanuck. Tucker Carlson points out that this $74 million wasn't actually wasted -- indeed, spending this money got the Regime to bail the bank out. Or at least, bail out its woke tech depositors.
New Analysis Finds SVB Bank Spent More Than $73 Million on Donations to BLM & Related Organizations@TuckerCarlson: "Wow! And this is not personal funds. Apparently, these are bank funds. Be kind of nice to have that money now..." pic.twitter.com/oTgKUdSdrj
— The Vigilant Fox 🦊 (@VigilantFox) March 15, 2023
In other news: Larger banks had offers out to buy Silicon Valley Bank. These private buyers would have used their own money to shore up Silicon Valley's finances and avoid a wipeout. But Biden's leftwing regulators blocked these attempted purchases, because they had a "whitelist" of approved woke buyers and the buyers interested in SVB weren't on that whitelist. So now we all own Silicon Valley Bank.
Kevin Hassett reveals "there were buyers who were willing to step in & buy [SVB, but] the radicals at the @FDICgov basically weren’t going to allow that to happen ... the Biden Admin had a whitelist of companies that were allowed to buy the failed bank & companies that weren’t." pic.twitter.com/Tsp2zPK70t
— Tom Elliott (@tomselliott) March 13, 2023
Former deputy Treasury secretary, Roger Altman, admits: With SVB, Biden Admin "effectively nationalize[d] ... the deposit base of the U.S. financial system ... Technically speaking, they haven’t [nationalized the banking system], but in a broad sense, they are verging on that." pic.twitter.com/SBn9SfY3Xm
— Tom Elliott (@tomselliott) March 14, 2023
Tom Elliott
@tomselliott At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available
Comments
(Jump to bottom of comments)Posted by: Boone at March 15, 2023 01:05 PM (20vQo)
Posted by: Miss Issippi at March 15, 2023 01:05 PM (sI15f)
Posted by: andycanuck (Vwz3I) at March 15, 2023 01:05 PM (Vwz3I)
Posted by: SOMEASSHOLESTOLEMYPEN at March 15, 2023 01:05 PM (ytSiK)
Posted by: SOMEASSHOLESTOLEMYPEN at March 15, 2023 01:06 PM (ytSiK)
BREAKING: California Governor Gavin Newsom lobbied the White House and Treasury on the bailout of Silicon Valley Bank, without disclosing that his private wineries had reportedly been the bank's clients & he may have even had a personal account at the bank, per the Intercept
Posted by: andycanuck (Vwz3I) at March 15, 2023 01:06 PM (Vwz3I)
Posted by: Christopher R Taylor at March 15, 2023 01:07 PM (0hOvj)
Posted by: Wyatt Earp at March 15, 2023 01:07 PM (VWp7G)
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:07 PM (zZu0s)
There's a destruction in a nation, and the nation is going to get a lot of it in the coming years.
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:07 PM (LvTSG)
Posted by: huerfano at March 15, 2023 01:08 PM (dTFZY)
++++
It had those dollars at the time! They didn't know their capital structure was brittle and could cause failure down the road!
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:08 PM (t0OGg)
Posted by: Blake - semi lurker at large at March 15, 2023 01:08 PM (2YtOq)
Posted by: Additional Blond Agent, STEM Guy at March 15, 2023 01:08 PM (ZSK0i)
Woke/ESG/DEI banking is just the term for those things we choose to do together.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:08 PM (PyOKD)
Posted by: huerfano at March 15, 2023 01:08 PM (dTFZY)
Too woke to fail.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:09 PM (PyOKD)
Just how demanding are these jobs if she can double dip like this?
And how much is she doing one job while being in the roll of the other?
Posted by: Blanco at March 15, 2023 01:09 PM (F0+HC)
Posted by: Bertram Cabot, Jr. at March 15, 2023 01:09 PM (63Dwl)
Posted by: JT at March 15, 2023 01:09 PM (T4tVD)
Posted by: Wyatt Earp at March 15, 2023 01:07 PM (VWp7G)
=======
Not specifically, but it's just one more piece of evidence that our ruling elite care more about virtue signaling with other people's money than with actually doing their jobs.
What kind of private company should be giving money to charities at all? None, I say. It's evidence of a company that's been at least partially taken over by, at best, do-gooders who see a successful businesses as their personal piggy bank. Actual do-gooders don't seek out that kind of position all that often, though.
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:10 PM (LvTSG)
------------
Anyone getting a "you light a match" Goodfellas vibe to this whole story?
I am.
Posted by: ... at March 15, 2023 01:10 PM (U7hCZ)
Posted by: Curly Shuffle at March 15, 2023 01:10 PM (TNyrE)
Posted by: Bert G at March 15, 2023 01:10 PM (fF0pk)
++++
I'm so old that I remember when large American corporations transferring vast sums on money to a domestic terror organization engaging in street warfare for the purpose of advancing a revolutionary agenda of racial communism would have been controversial.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:10 PM (t0OGg)
++++
It had those dollars at the time! They didn't know their capital structure was brittle and could cause failure down the road!
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:08 PM (t0OGg)
=======
Well, that's all fine and good, then. We should not look unkindly on any company that donates large amounts to causes that have nothing to do with their core missions.
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:10 PM (LvTSG)
Posted by: runner at March 15, 2023 01:11 PM (EeVCB)
Posted by: davidt at March 15, 2023 01:11 PM (SYTee)
Well, Hell. When you have an endless well of stupid ideas you hate to let them go to waste.
Posted by: Xipe Totec at March 15, 2023 01:11 PM (pohLc)
Posted by: Kevin Bacon at March 15, 2023 01:11 PM (PiwSw)
Posted by: huerfano at March 15, 2023 01:08 PM (dTFZY)
Too woke to fail.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:09 PM (PyOKD)
Failing upward
Posted by: kallisto at March 15, 2023 01:11 PM (dCxaZ)
Posted by: kallisto at March 15, 2023 01:11 PM (dCxaZ)
Yes, it's called the ratchet and it goes one way.
Posted by: Thomas Bender at March 15, 2023 01:11 PM (n/8Ck)
Posted by: Pudinhead at March 15, 2023 01:11 PM (jen+i)
Bank in Florida? GFY.
Posted by: Huck Follywood at March 15, 2023 01:11 PM (JtzMq)
Posted by: AZ deplorable moron at March 15, 2023 01:12 PM (zoXTr)
@unusual_whales 5h
BREAKING: California Governor Gavin Newsom lobbied the White House and Treasury on the bailout of Silicon Valley Bank, without disclosing that his private wineries had reportedly been the bank's clients & he may have even had a personal account at the bank, per the Intercept
Posted by: weft cut-loop at March 15, 2023 01:12 PM (jzzG8)
Serious question. Or is that a dumb question in today's God-President executive branch?
Posted by: Elric Blade at March 15, 2023 01:12 PM (iFTx/)
Bank in Florida? GFY.
Posted by: Huck Follywood at March 15, 2023 01:11 PM (JtzMq)
========
And Florida will be stronger for it.
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:12 PM (LvTSG)
Where is the rest?
Posted by: PJ at March 15, 2023 01:12 PM (G1dq6)
Posted by: kallisto at March 15, 2023 01:12 PM (dCxaZ)
----------
Biden doesn't do shit. I wish people would start realizing this. This is the work of the Kalorama and Davos cartels.
Posted by: Dr. Pork Chops & Bacons at March 15, 2023 01:12 PM (BdMk6)
++++
It probably wasn't necessary for SVB. Big Tech and Big State are in a mutually parasitic relationship anyway. Even if SVB hadn't done this, its important depositors have been bailed out just the same.
That they did this stuff is because this is who they are. They never miss an opportunity to run up the score.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:12 PM (t0OGg)
Posted by: Pudinhead at March 15, 2023 01:11 PM (jen+i)
You'd be rolling in fartclams.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:12 PM (PyOKD)
@tomselliott
At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available
---
If they were simply incompetent, random chance would suggest they'd get *something* right. As Tom points out, they ALWAYS choose the worst possible Leftist option.
Posted by: "Perfessor" Squirrel at March 15, 2023 01:12 PM (YIVH2)
Posted by: Biden Junta Press Team at March 15, 2023 01:13 PM (JtzMq)
Posted by: Xipe Totec at March 15, 2023 01:13 PM (pohLc)
Tell us again we're not in a civil war.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:13 PM (9aYjv)
That's just hard to fathom, at least for me. That is a hell of a lot of jack. Where the hell did it all go? Eh, never mind.
Posted by: Notorious BFD at March 15, 2023 01:13 PM (Xrfse)
BREAKING: California Governor Gavin Newsom lobbied the White House and Treasury on the bailout of Silicon Valley Bank, without disclosing that his private wineries had reportedly been the bank's clients & he may have even had a personal account at the bank, per the Intercept
++++
This kind of stuff is so normal and commonplace now that it doesn't even move the needle.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:13 PM (t0OGg)
Posted by: MAGA_Ken at March 15, 2023 01:13 PM (cMXNt)
Ummm... it's called "Silicon Valley Bank."
It is self-evident in the name of the company that it is funneling bribes to authoritarian leftist criminals of all stripes. Would anyone be surprised if a firm called "Kremlin Kash" was laundering money for Vladimir Putin?
I'm surprised anyone thinks this is news.
Posted by: Yudhishthira's Dice at March 15, 2023 01:13 PM (oINRc)
Posted by: Blake - semi lurker at large at March 15, 2023 01:13 PM (2YtOq)
Climate of hate investments
Posted by: jim (in Kalifornia) at March 15, 2023 01:14 PM (ynpvh)
Posted by: Blake - semi lurker at large at March 15, 2023 01:14 PM (2YtOq)
@unusual_whales 5h
BREAKING: California Governor Gavin Newsom lobbied the White House and Treasury on the bailout of Silicon Valley Bank, without disclosing that his private wineries had reportedly been the bank's clients & he may have even had a personal account at the bank, per the Intercept
Posted by: weft cut-loop at March 15, 2023 01:12 PM (jzzG
I am sure it would have made all the difference if he had disclosed it though.
/s
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:14 PM (zZu0s)
If you have money in a 'regional bank' it might be a good time to open an account with a credit union and transfer funds. Reading the tea leaves, the regionals could be the next domino to fall.
Somewhere out there two trillion dollars has disappeared.
Posted by: Divide by Zero at March 15, 2023 01:14 PM (enJYY)
because if they manage to ride this out, we are getting federalized banking, and with that digital ID to do any and all financial transactions.
and that would be a wrap for freedom, certainly in the US, possibly everywhere.
Posted by: BlackOrchid at March 15, 2023 01:14 PM (w0NJk)
Posted by: Gmac - WTF did you think was going to happen? at March 15, 2023 01:15 PM (qZdIZ)
But Biden's leftwing regulators blocked these attempted purchases, because they had a "whitelist" of approved woke buyers and the buyers interested in SVB weren't on that whitelist.
++++
So what went into the "whitelist" designation? That is what I am most curious about in all of this. Was it rational stuff like "capital position" and "liquidity" and "ability to operate the acquired entity" or was irrational stuff like "in tight with the regime" and "adequate commitment to ESG?"
I strongly - very strongly - suspect the latter.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:15 PM (t0OGg)
Posted by: Christopher R Taylor at March 15, 2023 01:15 PM (0hOvj)
@unusual_whales 5h
BREAKING: California Governor Gavin Newsom lobbied the White House and Treasury on the bailout of Silicon Valley Bank, without disclosing that his private wineries had reportedly been the bank's clients & he may have even had a personal account at the bank, per the Intercept
Posted by: weft cut-loop at March 15, 2023 01:12 PM (jzzG
I am sure it would have made all the difference if he had disclosed it though.
/s
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:14 PM (zZu0s)
Picking the winners and losers, and we are the losers in their eyes.
Posted by: jim (in Kalifornia) at March 15, 2023 01:15 PM (ynpvh)
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:13 PM (t0OGg)
And it won't stop until the Queensrcyhe lyrics are blaring on every street corner.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:15 PM (PyOKD)
At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available
++++
Why it's almost - *almost* - like the federal government is run by revolutionary radicals.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:15 PM (t0OGg)
These payments are not investments. If you make an investment, there has to some expectation of gaining some equity, or some other value. These payments are either straight-up extortion, or straight-up embezzlement.
If one bought 82 billion worth of Powerball tickets, one would stand a better chance of getting a return than giving the money to BLM.
Posted by: Alberta Oil Peon at March 15, 2023 01:15 PM (tkR6S)
Posted by: Smell the Glove at March 15, 2023 01:16 PM (ZPsfc)
Posted by: Pudinhead at March 15, 2023 01:16 PM (jen+i)
Posted by Ace at 01:05 PM
And us too!
Posted by: Harry and Meghan at March 15, 2023 01:16 PM (Zzbjj)
Posted by: TheJamesMadison
You're not wrong, and as always, the regular people get screwed while scum like BLM make money.
Posted by: Wyatt Earp at March 15, 2023 01:16 PM (VWp7G)
I strongly - very strongly - suspect the latter.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:15 PM (t0OGg)
---
yep... I think "approved woke buyers" pretty much says it all.
Posted by: "Perfessor" Squirrel at March 15, 2023 01:16 PM (YIVH2)
what does it profit a man to gain the whole world and lose his soul?
Posted by: Christopher R Taylor at March 15, 2023 01:16 PM (0hOvj)
>>Serious question. Or is that a dumb question in today's God-President executive branch?
Congress has passed so many enabling acts and given tremendous power and authority to the administrative state and the executive that the authority is probably hiding under an emanation or penumbra in some ten thousand page law/statute nobody read.
Or alternatively...
Obama: One Trillion Dollar Coin Bitches!!!!
Posted by: Thomas Bender at March 15, 2023 01:17 PM (n/8Ck)
Posted by: Diogenes at March 15, 2023 01:17 PM (anj39)
W was just about to post something similar.
Posted by: Notorious BFD at March 15, 2023 01:17 PM (Xrfse)
At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available
++++
Why it's almost - *almost* - like the federal government is run by revolutionary radicals.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:15 PM (t0OGg)
Is it radical when it becomes the norm?
Posted by: jim (in Kalifornia) at March 15, 2023 01:17 PM (ynpvh)
BREAKING: California Governor Gavin Newsom lobbied the White House and Treasury on the bailout of Silicon Valley Bank, without disclosing that his private wineries had reportedly been the bank's clients & he may have even had a personal account at the bank, per the Intercept
++++
This kind of stuff is so normal and commonplace now that it doesn't even move the needle.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:13 PM (t0OGg)
_______________
The CEO sold tens of millions of his SVB stock days before the crash. This is without question a criminal act of insider trading. Martha Stewart got prosecuted for like $50k (yes, thousand) in insider sales. So this prick is going to be prosecuted, right? Right?
Posted by: Elric Blade at March 15, 2023 01:17 PM (iFTx/)
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:15 PM (t0OGg)
More like the country is being run by bunch of drunk monkeys.
Posted by: Xipe Totec at March 15, 2023 01:17 PM (pohLc)
Okay, we fucked up, but -- and hear us out here, the solution is to federalize, er, take control of these banks and hand it over to our new department, the Ministry of Finance. Solved.
Posted by: micky at March 15, 2023 01:17 PM (3byMq)
Posted by: "Perfessor" Squirrel at March 15, 2023 01:18 PM (YIVH2)
what does it profit a man to gain the whole world and lose his soul?
--------------------
Beats being the schmuck that gets stuck with bill, rite?
Posted by: Pudinhead at March 15, 2023 01:18 PM (jen+i)
Posted by: Alberta Oil Peon at March 15, 2023 01:15 PM (tkR6S)
++++
It's more like money laundering blended with embezzlement. They took the owners' money (that is, the shareholders, who should have gotten that money through a dividend) and laundered it out to domestic terror groups under the guise of "charity."
"Corporate giving" shouldn't exist. The officers who get rich by running or owning the company, or the shareholders who partake in the profit through dividends, can give to whatever charities they like. The company should not. Ever. Give that money back to your owners and let them do with it what they please.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:18 PM (t0OGg)
https://tinyurl.com/5bymxh77
Posted by: artisanal ette at March 15, 2023 01:18 PM (uQPen)
Posted by: TheJamesMadison
You're not wrong, and as always, the regular people get screwed while scum like BLM make money.
Posted by: Wyatt Earp at March 15, 2023 01:16 PM (VWp7G)
On the other hand, paying for lobbyists is always smart money; ask Microsoft.
Posted by: jim (in Kalifornia) at March 15, 2023 01:18 PM (ynpvh)
Posted by: Morgan Sloat at March 15, 2023 01:18 PM (ZSK0i)
Exactly, this is unquestionably and absolutely illegal and the man should already be in custody but I bet he skates completely on it.
Posted by: Christopher R Taylor at March 15, 2023 01:19 PM (0hOvj)
Posted by: Mister Scott (Formerly GWS) at March 15, 2023 01:19 PM (ncXxy)
>What you're smelling is the sweet, sweet ordure of green sustainability.
Posted by: Dr. Bone at March 15, 2023 01:19 PM (Jg7EG)
Posted by: Ian S. at March 15, 2023 01:19 PM (ZGrMX)
Posted by: The Central Scrutinizer at March 15, 2023 01:19 PM (KbCG3)
All the good ones go on a whitelist and all the bad ones on a blacklist.
How racist is that?
Posted by: MAGA_Ken at March 15, 2023 01:19 PM (cMXNt)
_______________
The CEO sold tens of millions of his SVB stock days before the crash. This is without question a criminal act of insider trading. Martha Stewart got prosecuted for like $50k (yes, thousand) in insider sales. So this prick is going to be prosecuted, right? Right?
Posted by: Elric Blade at March 15, 2023 01:17 PM (iFTx/)
The prosecution couldn't even manage that; she was convicted for supposedly lying to the Eff.Bee.EYE.
Posted by: Helena Handbasket at March 15, 2023 01:19 PM (llON8)
Posted by: Smell the Glove at March 15, 2023 01:19 PM (ZPsfc)
Posted by: micky at March 15, 2023 01:20 PM (3byMq)
Posted by: ... at March 15, 2023 01:20 PM (U7hCZ)
Where is the rest?
Posted by: PJ
You have to ask?
~All the pResident's men
Posted by: AZ deplorable moron at March 15, 2023 01:20 PM (j0JO3)
The Stormfronters are all frothing because an Israeli firm had their clients all bail out of SVB right before it crashed. I'd say that just means they were paying attention, given how obviously fucked the bank was.
Posted by: Ian S. at March 15, 2023 01:20 PM (ZGrMX)
>>SVB will cost $189B to bail out which is moar than we've spent on Ukraine. Just so you know.
$189B will buy 3 million tiny homes or 6 million Kilos of cocaine.
Posted by: Thomas Bender at March 15, 2023 01:20 PM (n/8Ck)
Posted by: Notorious BFD at March 15, 2023 01:13 PM (Xrfse)
Up Patrisse Cullors' nose?
Posted by: Alberta Oil Peon at March 15, 2023 01:20 PM (tkR6S)
How many mega-yachts does BLM need?
Posted by: "Perfessor" Squirrel at March 15, 2023 01:18 PM (YIVH2)
The need that to build their secret lair on the dark side of the moon.
Posted by: jim (in Kalifornia) at March 15, 2023 01:20 PM (ynpvh)
the bank run happened because of Twitter rumors. I would not be surprised if Musk manipulated Twitter to elevate messages about SVB. Musk is very involved in financing startups and wants the competition for them eliminated so he can corner more technology.
It was really Peter Thiel who I happen to think is one of the worst human beings in the world. I happened to catch a remark he made about taking his money out. Before it hit the
fan.
Could the banking problems have been caused by the disruption of Russian money laundering through the banks?
Both sides are playing politics on this and I think it makes us look small. No bank can survive a run. This turned out to be a bad bet on Treasury bonds. I don't think they thought Powell would raise rates this quickly. I don't think Powell saw the downside of his actions.
It is not woke and with even the pre 2018 repeal this bank would still have gone under. Like I said no bank can withstand a run.
Posted by: Intrepid Democratic Underground AoS Liaison at March 15, 2023 01:20 PM (cIxcV)
--------------------
By definition, Martha was not an insider. She got punished cuz the mob wanted a target of hate.
Posted by: Pudinhead at March 15, 2023 01:21 PM (jen+i)
Posted by: Helena Handbasket at March 15, 2023 01:19 PM (llON
---
Look. The important thing is we taught her a lesson about lying.
Posted by: The FBI at March 15, 2023 01:21 PM (YIVH2)
How many mega-yachts does BLM need?
Posted by: "Perfessor" Squirrel at March 15, 2023 01:18 PM (YIVH2)
++++
Not many. The officers of BLM are getting rich, of course, but most of that money is probably going to the core mission: engaging in criminal and terrorist activity to bring about an overtly racist government rooted in Marxism.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:21 PM (t0OGg)
Posted by: Pudinhead at March 15, 2023 01:21 PM (jen+i)
Wow, the DUmmies have moved Elon Musk above Poo Tin on their enemies list??
Posted by: Helena Handbasket at March 15, 2023 01:22 PM (llON8)
Posted by: Dr. Pork Chops & Bacons at March 15, 2023 01:22 PM (BdMk6)
_______________
The CEO sold tens of millions of his SVB stock days before the crash. This is without question a criminal act of insider trading. Martha Stewart got prosecuted for like $50k (yes, thousand) in insider sales. So this prick is going to be prosecuted, right? Right?
Posted by: Elric Blade at March 15, 2023 01:17 PM (iFTx/)
The prosecution couldn't even manage that; she was convicted for supposedly lying to the Eff.Bee.EYE.
Posted by: Helena Handbasket at March 15, 2023 01:19 PM (llON
It all happened in the dark, so the FIB can't help.
Posted by: jim (in Kalifornia) at March 15, 2023 01:22 PM (ynpvh)
Posted by: Wokelist, maybe at March 15, 2023 01:22 PM (La8Fd)
Posted by: Intrepid Democratic Underground AoS Liaison at March 15, 2023 01:20 PM (cIxcV)
++++
Now *that* is a hot take.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:22 PM (t0OGg)
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:21 PM (t0OGg)
---
$82 billion buys a lot of bricks and Molotov cocktails...
Posted by: "Perfessor" Squirrel at March 15, 2023 01:22 PM (YIVH2)
--
I'm guessing "bigger bank", with the goal being 4 or 5 banks having complete control over the money supply before it switches to digital and mandatory digital ID / social credit scores.
I heard it discussed on a local radio show yesterday. They're actively working to make the small banks collapse as we speak.
2021:
"By putting (regional banks) customers’ deposits into investments such as loans or securities, like Treasury bonds, banks make the money needed to pay interest on those deposits and pocket a profit. "
2023
"...raising the risk of a crisis in confidence in U.S. banks, one in which government bonds would be the “toxic asset” at the center of it all."
This was all planned, same as everything else.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:22 PM (9aYjv)
All the good ones go on a whitelist and all the bad ones on a blacklist.
How racist is that?
Posted by: MAGA_Ken at March 15, 2023 01:19 PM (cMXNt)
As long as we do not have creepy James Slater hanging around in a fucking fedora, we'll be all right.
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:22 PM (zZu0s)
The CEO sold tens of millions of his SVB stock days before the crash. This is without question a criminal act of insider trading. Martha Stewart got prosecuted for like $50k (yes, thousand) in insider sales. So this prick is going to be prosecuted, right? Right?
Posted by: Elric Blade at March 15, 2023 01:17 PM (iFTx/)
It was scheduled 30 days in advance so a bit harder for them to make the case. Hardly impossible though.
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:23 PM (eYoxG)
The CIA is extremely angry that one of their mind-control platforms is no longer under their control. Y'all don't realize.
Posted by: Ian S. at March 15, 2023 01:23 PM (ZGrMX)
Posted by: "Perfessor" Squirrel at March 15, 2023 01:22 PM (YIVH2)
++++
It does. It also buys a lot of elections and bureaucrats.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:23 PM (t0OGg)
>>SVB will cost $189B to bail out which is moar than we've spent on Ukraine. Just so you know.
$189B will buy 3 million tiny homes or 6 million Kilos of cocaine.
Posted by: Thomas Bender at March 15, 2023 01:20 PM (n/8Ck)
the latter is a better investment.
Posted by: Hunter Biden at March 15, 2023 01:23 PM (ynpvh)
Posted by: CN at March 15, 2023 01:23 PM (Zzbjj)
Posted by: Intrepid Democratic Underground AoS Liaison at March 15, 2023 01:20 PM (cIxcV)
++++
Now *that* is a hot take.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:22 PM (t0OGg)
=======
They have a VERY inflated opinion of Twitter.
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:23 PM (LvTSG)
>>The prosecution couldn't even manage that; she was convicted for supposedly lying to the Eff.Bee.EYE.
Fun Fact:
James Comey was the prosecutor who banged up Stewart for "lying" to investigators.
Posted by: Thomas Bender at March 15, 2023 01:24 PM (n/8Ck)
"By putting (regional banks) customers’ deposits into investments such as loans or securities, like Treasury bonds, banks make the money needed to pay interest on those deposits and pocket a profit. "
2023
"...raising the risk of a crisis in confidence in U.S. banks, one in which government bonds would be the “toxic asset” at the center of it all."
This was all planned, same as everything else.
---------------
Yep.
Posted by: Pudinhead at March 15, 2023 01:24 PM (jen+i)
Posted by: Bert G
Zing!
Posted by: Taq, Rickrolled by Jesus at March 15, 2023 01:24 PM (iKBwy)
Once you understand that everything the government and the junta do make sense.
Posted by: 18-1 at March 15, 2023 01:24 PM (lc5cP)
Posted by: CN at March 15, 2023 01:23 PM (Zzbjj)
How very interesting (yes, the "interesting times" version).
Posted by: Helena Handbasket at March 15, 2023 01:24 PM (llON8)
Posted by: Just sayin' at March 15, 2023 01:24 PM (TvjOP)
Posted by: Helena Handbasket at March 15, 2023 01:22 PM (llON
It conveniently dovetails with their position that "everything I disagree with must be censored by the government." Some NPC downloaded new programming and is running with it, without any regard for whether it makes any sense whatsoever.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:24 PM (PyOKD)
Exactly, this is unquestionably and absolutely illegal and the man should already be in custody but I bet he skates completely on it.
Posted by: Christopher R Taylor at March 15, 2023 01:19 PM (0hOvj)
In the olden days crooks like that had names that became synonymous with corruption. Boesky, Keating 5, ponzi, that other more recent guy. The news would have nightly 2 minutes of hate and run footage of crowds throwing tomatos at them. Now it's all in for the cause. Enjoy the shit sandwich losers.
Posted by: Cuthbert the Witless at March 15, 2023 01:25 PM (0Qrr3)
"I been saving all dis ta get a divorce ifn I ever get me a huzbann"
Posted by: micky at March 15, 2023 01:25 PM (3byMq)
Posted by: Wokelist, maybe at March 15, 2023 01:22 PM (La8Fd)
Bruises are racist too.
Posted by: Hunter Biden at March 15, 2023 01:25 PM (ynpvh)
Posted by: CN at March 15, 2023 01:23 PM (Zzbjj)
++++
To which the proper response is, "close my account. Immediately. Give me my money, give it to me now. I'll take a cashier's check for the full sum of my combined account value. Fuck you."
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:25 PM (t0OGg)
@tomselliott
At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available
I remember, back in high school, when pops dropped me off and we saw these two good looking fellas dressed in suits start kissing. After a few moments of that they undressed in front of the school and started rogering each other. Pops said to me, "Dipshit, that's what he called me, whenever you get a chance to push the country further down the road of depravity and ruin, while raking a bit off for yourself, you go for it." -- Joe Biden
Posted by: I used to have a different nic at March 15, 2023 01:25 PM (zhLdt)
Posted by: Your winnings, Sir at March 15, 2023 01:26 PM (yQpMk)
Posted by: ... at March 15, 2023 01:26 PM (U7hCZ)
Posted by: Smell the Glove at March 15, 2023 01:19 PM (ZPsfc)
When was he right last?
Posted by: N. Lurker at March 15, 2023 01:26 PM (eGTCV)
Posted by: CN at March 15, 2023 01:23 PM
That's terrifyingly possible.
Posted by: Intrepid Democratic Underground AoS Liaison at March 15, 2023 01:26 PM (cIxcV)
>>In the olden days crooks like that had names that became synonymous with corruption. Boesky, Keating 5, ponzi, that other more recent guy.
No really, I have no idea where the money went.
--
John "I straight jacked a billion dollars and got away with it." Corzine.
Posted by: Thomas Bender at March 15, 2023 01:26 PM (n/8Ck)
I say let them fail. Let them ALL fail.
If you have such a poor business model you DESERVE to go under.
Posted by: Scuba_Dude at March 15, 2023 01:26 PM (Oq/TM)
FedCoin *is* coming. Bend over.
Posted by: Ian S. at March 15, 2023 01:27 PM (ZGrMX)
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:25 PM (t0OGg)
And the proper response would have been given, but a call to other local banks was similar. No cash available. Tomorrow I will try this in NJ
Posted by: CN at March 15, 2023 01:27 PM (Zzbjj)
I remember, back in high school, when pops dropped me off and we saw these two good looking fellas dressed in suits start kissing. After a few moments of that they undressed in front of the school and started rogering each other. Pops said to me, "Dipshit, that's what he called me, whenever you get a chance to push the country further down the road of depravity and ruin, while raking a bit off for yourself, you go for it." -- Joe Biden
Posted by: I used to have a different nic at March 15, 2023 01:25 PM (zhLdt)
Snort
Posted by: N. Lurker at March 15, 2023 01:27 PM (eGTCV)
Posted by: CN at March 15, 2023 01:23 PM (Zzbjj)
Because it's my fucking money, asshole! What do you spend MY money on?
Posted by: jim (in Kalifornia) at March 15, 2023 01:27 PM (ynpvh)
Posted by: ... at March 15, 2023 01:27 PM (U7hCZ)
Posted by: Pudinhead at March 15, 2023 01:28 PM (jen+i)
Posted by: ... at March 15, 2023 01:26 PM (U7hCZ)
Did someone finally set the Large Hadron Collider to 'Merlin'? Oh, please, oh please, o boy!
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:28 PM (zZu0s)
Posted by: jim (in Kalifornia) at March 15, 2023 01:27 PM (ynpvh)
Everything is ours!
Posted by: Yellen, Garland and da WEF rent boys at March 15, 2023 01:28 PM (Zzbjj)
Posted by: ... at March 15, 2023 01:29 PM (U7hCZ)
Posted by: N. Lurker at March 15, 2023 01:29 PM (eGTCV)
You're thinking Biden. Could be Joe, Hunter, or any of a dozen others, so stick with the last name as a safe bet.
Posted by: Money Moron at March 15, 2023 01:29 PM (cIxcV)
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:23 PM (eYoxG)
I would think that given the access to the inside numbers, you could reliably game out that, in the event of another rate increase in the next 30 days, your borderline institution is going to be in the hurt locker.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:29 PM (PyOKD)
Posted by: CN at March 15, 2023 01:29 PM (Zzbjj)
Kellogg Pledged $91 Million To Racial Division While Slashing Employee Benefits
https://tinyurl.com/5ya65w6p
Posted by: redridinghood at March 15, 2023 01:29 PM (NpAcC)
I think their a George Castanza quote somewhere that applies to this situation, but, *I* *Just* *CAN'T* *PUT* *MY* *FINGER* *ON* *IT*. hmmm.
Posted by: Scott_T at March 15, 2023 01:30 PM (2waQ7)
>>And yes with Credit Suisse about to fall, this is a global WEF play
As the saying goes, slowly, then all at once.
Looks like as good a day as any to start shooting heroin directly into one's eyeballs.
Posted by: Thomas Bender at March 15, 2023 01:31 PM (n/8Ck)
Posted by: Steve_in_SoCal at March 15, 2023 01:31 PM (NW9xb)
Posted by: CN at March 15, 2023 01:23 PM (Zzbjj)
I would, as a very next step, be closing all my accounts and moving my money. Getting $2500 out of an ATM is pretty standard at my CU.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:31 PM (PyOKD)
Posted by: Archer at March 15, 2023 01:31 PM (gmo/4)
Posted by: Scott_T at March 15, 2023 01:30 PM (2waQ7)
Shallow Hal?
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:31 PM (zZu0s)
--
Of course it is. As has been mentioned here before, the system is in place and running, same as the PATRIOT Act sitting in the drawer.
Now they just need to crash the planes.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:31 PM (9aYjv)
Posted by: Elric Blade "
Refer to open border and Border Patrol not only ordered to stand down against the invasion but provide aid and comfort to the foot soldiers.
Posted by: Ripley at March 15, 2023 01:31 PM (cUYo/)
Posted by: CN at March 15, 2023 01:27 PM (Zzbjj)
++++
Being short on cash is one thing. That is an easy answer to provide. The teller can just say, "we're short on hard currency at the moment. May I give you a Cashier's Check instead?"
Demanding to know the *reason* someone wants a cash withdrawal - especially a modest one - is unacceptable. That speaks to something cancerous within the bank. The bank either views the client's money as its own and will only release it for a "good" reason, or the bank is out of money and trying to prevent withdrawals from happening at all. Either is good enough reason to drop that bank as quickly as possible.
The *only* time a teller should balk at a cash withdrawal is if it is extremely large. And even then, make the reason for the question very clear up front. Something like, "this is a large sum of money and so we're worried about fraud or extortion. Were you asked to withdraw this money by another party, or have you been contacted by a potentially bad actor?" is fine.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:31 PM (t0OGg)
I say let them fail. Let them ALL fail. . . .
Posted by: Scuba_Dude
I'm with you. I left JPMorgan to pimp da ladies selling dope to jr high kids. I needed to take a position with a higher level of morality and dignity.
Posted by: Tonypete at March 15, 2023 01:31 PM (qoGsy)
Posted by: Smell the Glove at March 15, 2023 01:19 PM (ZPsfc)
When was he right last?
Posted by: N. Lurker at March 15, 2023 01:26 PM
When he calculated he could sell out to support globalist propoganda and keep his job, money and influence?
Posted by: Money Moron at March 15, 2023 01:31 PM (cIxcV)
Posted by: kallisto at March 15, 2023 01:31 PM (dCxaZ)
BLM made tens of millions and got pocketed by the millions
Posted by: Skip at March 15, 2023 01:32 PM (VsbXq)
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:23 PM (eYoxG)
I would think that given the access to the inside numbers, you could reliably game out that, in the event of another rate increase in the next 30 days, your borderline institution is going to be in the hurt locker.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:29 PM (PyOKD)
Yeah that'd be the case for it. It is harder to make a case against than a spontaneous trade with only one obvious explanation.
The inside information he'd be acting on is also up to question. It seems unlikely he was told that far in advance his bank was being seized. So the only case you can make is that he was aware the situation for the bank was rapidly deteriorating, but the most dramatic stuff only occurred last week.
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:32 PM (eYoxG)
https://is.gd/DH6SKo
Nah, that's just crazy talk...
Posted by: Helena Handbasket at March 15, 2023 01:32 PM (llON8)
If that had been me, some extremely choice and colorful words would have followed.
Posted by: Notorious BFD at March 15, 2023 01:32 PM (Xrfse)
Posted by: Thomas Bender at March 15, 2023 01:32 PM (n/8Ck)
-
This is the reason that private buyers were not allowed to buy the bank, but the taxpayers had to bail them out.
Posted by: Thomas Paine at March 15, 2023 01:32 PM (lTGtQ)
Posted by: CN at March 15, 2023 01:32 PM (Zzbjj)
You're thinking Biden. Could be Joe, Hunter, or any of a dozen others, so stick with the last name as a safe bet.
Posted by: Money Moron at March 15, 2023 01:29 PM (cIxcV)
Nah that other guy from NY I think who stole all the rich people's money by offerering 12 percent return. Early 2000's. Of course there is Sam Bank boy fried as well.
Posted by: Cuthbert the Witless at March 15, 2023 01:32 PM (0Qrr3)
Kellogg Pledged $91 Million To Racial Division While Slashing Employee Benefits
https://tinyurl.com/5ya65w6p
Posted by: redridinghood at March 15, 2023 01:29 PM (NpAcC)
=========
For a while, I've thought that it should be illegal for companies to spend any money on things like this. It nominally falls under advertising, but I've never even heard of a study that says that donating to a diabetes walk or something like that increases sales in any way, shape, or form.
It feels like a giant misappropriation of stockholder funds, and it always has.
If the board of directors wants to donate, they can do it from their own pockets.
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:33 PM (LvTSG)
Posted by: kallisto at March 15, 2023 01:33 PM (dCxaZ)
Posted by: Smell the Glove at March 15, 2023 01:33 PM (ZPsfc)
Posted by: Thomas Bender at March 15, 2023 01:31 PM (n/8C
=========
Looks like I picked the wrong week to stop sniffing glue.
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:33 PM (LvTSG)
My bad.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:33 PM (9aYjv)
Yeah, it would not at all be hard to see things going badly 30 days out, and dump your stock knowing this. He could hardly NOT have known the bank was in dire straits.
Posted by: Christopher R Taylor at March 15, 2023 01:33 PM (0hOvj)
Check hold expires 3/17/2023
Check hand delivered to Credit Union and deposited 3/13/2023. Since when is a 4 day hold allowed? I always thought it was 2 days, 3 days max.
Posted by: Divide by Zero at March 15, 2023 01:34 PM (enJYY)
Posted by: Last Days of the Republic at March 15, 2023 01:34 PM (EWtCc)
Posted by: Thomas Bender at March 15, 2023 01:31 PM (n/8Ck)
FML. I guess it was a bad time to stop shooting heroin directly into one's eyeballs.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:34 PM (PyOKD)
Posted by: Last Days of the Republic at March 15, 2023 01:34 PM (EWtCc)
We'll be lucky to make it to a last July 4th
Posted by: CN at March 15, 2023 01:35 PM (Zzbjj)
Posted by: Bulgaroctonus at March 15, 2023 01:35 PM (hTf8I)
__________
So, you can't blame the free market when the socialists in government have blacklists.
Posted by: Adirondack Patriot at March 15, 2023 01:35 PM (lf83v)
All that needs to be done is to remove tax incentives for donations, but there was a good reason for that. We talk about encouraging people to do the right thing here a lot, and that's all the tax incentives were.
The trick is to have a business culture that does not view these destructive, insane organizations as a valid charity.
Posted by: Christopher R Taylor at March 15, 2023 01:35 PM (0hOvj)
https://is.gd/DH6SKo
--
The fed chair gave a speech not even a year ago announcing that it's the plan.
"A U.S. CBDC (central bank digital currency) could... potentially help maintain the dollar's international standing," Powell said.. The dollar remains underpinned by key fundamentals, including a commitment to transparency, the rule of law and the full independence of the Fed, Powell noted."
https://tinyurl.com/2kufpnju
Believe them when they tell you what they intend to do.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:35 PM (9aYjv)
Posted by: Last Days of the Republic at March 15, 2023 01:34 PM
Who's "we"? We think things are going swimmingly!
Posted by: WEF Billionaires at March 15, 2023 01:35 PM (cIxcV)
Posted by: Dr. Pork Chops & Bacons
Probably, but no sense conditioning yourself to do so just because you're a big-brain nihilist what knows the time and his shit doesn't stink.
Posted by: weft cut-loop at March 15, 2023 01:36 PM (jzzG8)
but:
https://is.gd/YWVMe9
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:36 PM (zZu0s)
Posted by: Cuthbert the Witless at March 15, 2023 01:36 PM (0Qrr3)
*********
I take this to mean that if you follow up a ssnort and an eye roll with, "Wait. You mean you were serious with that proposal?" then you are good to go.
Posted by: Muldoon at March 15, 2023 01:36 PM (ykeLU)
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:32 PM
We only learned about the big stuff last week. It was already starting a month ago and they were aware of it. Those big guys saw the writing on the wall and bailed out as much cash as they could before it became public.
Posted by: Mister Scott (Formerly GWS) at March 15, 2023 01:36 PM (ncXxy)
BLM made tens of millions and got pocketed by the millions
Posted by: Skip at March 15, 2023 01:32 PM (VsbXq)
Appears the numbers may be larger.
Posted by: jim (in Kalifornia) at March 15, 2023 01:36 PM (ynpvh)
Posted by: ShainS -- The Abolition of The West is from Men Without Chests at March 15, 2023 01:36 PM (Yr1KJ)
Here, the government is actively and enthusiastically working *against* the common man, treating us as enemy.
Posted by: kallisto at March 15, 2023 01:36 PM (dCxaZ)
All I know is, I'm increasing my investment in...brass.
Posted by: Paco at March 15, 2023 01:36 PM (njExo)
Posted by: REDACTED at March 15, 2023 01:36 PM (us2H3)
Posted by: Steve_in_SoCal
I'm sure you're right.
Posted by: Dominion Voting Systems at March 15, 2023 01:36 PM (vFdZx)
They made me wait a week for my life insurance check to clear.
Posted by: Christopher R Taylor at March 15, 2023 01:36 PM (0hOvj)
Posted by: kallisto at March 15, 2023 01:33 PM (dCxaZ)
Yeah, I know. Here we are. Supporting shit like Zelensky, and running a worse crowd in DC
Posted by: CN at March 15, 2023 01:36 PM (Zzbjj)
Posted by: Notorious BFD at March 15, 2023 01:32 PM (Xrfse)
++++
No need for that. "I will be closing this account. I need to discuss with that branch manager. Please get him or her for me."
I've been exactly there before. I was a member of a local CU that was quite good. It renamed, rebranded, updated all of their branches, got a lot fancier and sponsored a college stadium all in fairly short order. Virtually overnight, they started behaving like a big bank - including making things harder on customers and getting uppity like a big bank.
I had enough one day. They slapped me with a bogus fee and I went in to contest it. I got the run-around. I pulled a Karen, requested to speak with the manager, and told her precisely why I was closing all of accounts - and that I expected her to process it immediately.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:36 PM (t0OGg)
Posted by: N. Lurker at March 15, 2023 01:36 PM (eGTCV)
The trick is to have a business culture that does not view these destructive, insane organizations as a valid charity.
Posted by: Christopher R Taylor at March 15, 2023 01:35 PM (0hOvj)
=========
Maybe the problem that hurts us all is the idea of the Income Tax in general.
Carnegie built universities before the Income Tax.
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:36 PM (LvTSG)
Posted by: Thomas Bender at March 15, 2023 01:31 PM (n/8Ck)
-------------------
Shooting assholes in the eye with .45's might be a better use of your time. I've got a list if you're interested.
Posted by: Pudinhead at March 15, 2023 01:36 PM (jen+i)
>>Looks like I picked the wrong week to stop sniffing glue.
I huffed glue once as a teenager, didn't do anything for me, afterwards, I picked up a habit for Gin.
So really, huffing glue is a gateway drug to Gimlets.
Posted by: Thomas Bender at March 15, 2023 01:36 PM (n/8Ck)
Posted by: Archer at March 15, 2023 01:36 PM (gmo/4)
My bad.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:33 PM (9aYjv)
I don't believe any of the WTC buildings were destroyed by explosives placed within.
I also don't believe our so-called intel agencies had no idea what the "Asian" "pilots" were planning. Who knows, maybe it was something they suggested.
Posted by: Helena Handbasket at March 15, 2023 01:37 PM (llON8)
Posted by: Notorious BFD at March 15, 2023 01:37 PM (Xrfse)
https://is.gd/DH6SKo
Nah, that's just crazy talk...
Posted by: Helena Handbasket at March 15, 2023 01:32 PM (llON
It's all about control. They don't want us doing things they disapprove of, even if we have a Constiutionally guaranteed right to it.
Posted by: jim (in Kalifornia) at March 15, 2023 01:38 PM (ynpvh)
"I been saving all dis ta get a divorce ifn I ever get me a huzbann"
Posted by: micky at March 15, 2023 01:25 PM (3byMq)
A bit like South Park's Mrs. Garrison: "You mean, I'll never know what it feels like to have a baby growing inside me and then scramble its brains and vacuum it out?"
Posted by: Art imitating life imitating cartoons at March 15, 2023 01:38 PM (La8Fd)
So really, huffing glue is a gateway drug to Gimlets.
Posted by: Thomas Bender at March 15, 2023 01:36 PM (n/8Ck)
=========
"Elmer's is America's greatest threat!"
-The Temperance Movement
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:38 PM (LvTSG)
Bloomberg TV @BloombergTV
No more money for Credit Suisse
That's what Saudi National Bank Chairman Ammar Abdul Wahed Al Khudairy told @youseftv when asked about more assistance for the troubled lender
https://tinyurl.com/4nrzva56
goes boom
Posted by: artisanal ette at March 15, 2023 01:38 PM (uQPen)
Posted by: Steve_in_SoCal at March 15, 2023 01:31 PM (NW9xb)
Going to have to show your work on that one.
Posted by: The Central Scrutinizer at March 15, 2023 01:38 PM (KbCG3)
idk how venture debt works, but the more they leverage up, the greater the risk. So a small drop in the economy and in tech could cause big problems. I'm still looking for details on how much they were leveraged up ... of course once depositors start to flee, they lose all the backing.
Posted by: illiniwek at March 15, 2023 01:38 PM (Cus5s)
Posted by: Dr. Pork Chops & Bacons
--
I'm not sure how it's countered, but we've got to start acting at the state level and passing laws banning a federal digital currency.
Make it tax related, I guess. That's the only way the feds would listen. "No taxes can be paid using digital currency" or something.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:38 PM (9aYjv)
Posted by: Maj. Healey at March 15, 2023 01:38 PM (DMyTF)
Carnegie built universities before the Income Tax.
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:36 PM (LvTSG)
The income tax is what allowed the bureaucracy and federal spending to swell to an enormous size. Couldn't collect enough otherwise.
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:38 PM (eYoxG)
For fuck sakes, thats $2500 for every adult black person in America. What do these con artists have to show for it, exactly ?
I'll tell you in real world terms - NOTHING
I guarantee what they DO have to show for it is a lot of no-show DEI jobs whose only real world implications are degrading the quality of work done in every single profession in America. And worsening race relations by the second.
Posted by: deadrody at March 15, 2023 01:38 PM (kYmXc)
Posted by: Cuthbert the Witless at March 15, 2023 01:32 PM (0Qrr3)
John Corzine?
Posted by: Alberta Oil Peon at March 15, 2023 01:38 PM (tkR6S)
Posted by: bear with asymmetrical balls - an election is simply a festival for the majority at March 15, 2023 01:38 PM (ppBhU)
@paulsperry_ 4m
REVEALED: Only ONE member of failed Silicon Valley Bank's board had a career in investment banking -- and the rest were Obama, Clinton mega-donors who 'grieved' when Trump won
Posted by: weft cut-loop at March 15, 2023 01:38 PM (jzzG8)
Posted by: Smell the Glove at March 15, 2023 01:39 PM (ZPsfc)
------
WTF does this guy think runs the administration behind the scenes?
Posted by: Seems Legit at March 15, 2023 01:39 PM (DcKNO)
Posted by: Muldoon at March 15, 2023 01:39 PM (ykeLU)
If that had been me, some extremely choice and colorful words would have followed.
Posted by: Notorious BFD at March 15, 2023 01:32 PM (Xrfse)
...and I'd start looking for a bank or credit union that doesn't operate this way. Then again, maybe some secret Gov't edict to the banks has gone into effect...
Posted by: jim (in Kalifornia) at March 15, 2023 01:39 PM (ynpvh)
Also: When you owe the bank a million, you have a problem. When the bank owes you a billion, you have a problem.
Posted by: Another Anon at March 15, 2023 01:39 PM (W0jeh)
Posted by: kallisto at March 15, 2023 01:36 PM
That's why we're opening the borders, we can create a better, more compliant form of "the common man".
Posted by: Your Uniparty Betters at March 15, 2023 01:39 PM (cIxcV)
Call it equity -- bailout for SVB white tech elites and reparations for the blacks -- or call it getting what you voted for.
Posted by: Ziba at March 15, 2023 01:39 PM (4h9M3)
Posted by: Divide by Zero at March 15, 2023 01:14 PM (enJYY)
How much did California need for reparations again?
Posted by: ... at March 15, 2023 01:39 PM (U7hCZ)
Posted by: Blake - semi lurker at large at March 15, 2023 01:39 PM (2YtOq)
and libraries!
1700 in the USA alone, prior to 1919
Posted by: kallisto at March 15, 2023 01:39 PM (dCxaZ)
All I know is, I'm increasing my investment in...brass.
Posted by: Paco at March 15, 2023 01:36 PM
No way, not gonna happen. It isn't like the Federal Government ever banned the private ownership of gold currency or bullion or anything like that.
Posted by: Mister Scott (Formerly GWS) at March 15, 2023 01:39 PM (ncXxy)
Posted by: Pudinhead at March 15, 2023 01:39 PM (jen+i)
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:32 PM (eYoxG)
Fed raised interest rates by 25 basis points in February 2023, and economists expected a smaller 25-basis-point hike on March 22, 2023. I don't know the velocity at which such changes and their negative impacts to percolate through the banking systems, but I would expect insiders to know, even ones plagued by WOKE/DEI/ESG concerns.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:39 PM (PyOKD)
Posted by: Helena Handbasket
--
In the last two years I've started to accept that they Ray Epps-ed the heck out of 9/11
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:39 PM (9aYjv)
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:40 PM (PyOKD)
---
"Hookers and blackjack. Now fork it over."
Posted by: "Perfessor" Squirrel at March 15, 2023 01:40 PM (YIVH2)
Posted by: Alberta Oil Peon at March 15, 2023 01:38 PM (tkR6S)
NJ Senator
he may be thinking of Bernie Madoff
Posted by: kallisto at March 15, 2023 01:40 PM (dCxaZ)
Posted by: Pudinhead at March 15, 2023 01:41 PM (jen+i)
Posted by: Alberta Oil Peon at March 15, 2023 01:38 PM (tkR6S)
----
Corzine committed outright theft. There were no promised returns.
Posted by: Blake - semi lurker at large at March 15, 2023 01:41 PM (2YtOq)
Posted by: Blake - semi lurker at large at March 15, 2023 01:39 PM (2YtOq)
And IED
Posted by: ... at March 15, 2023 01:41 PM (U7hCZ)
==
Believe them when they tell you what they intend to do.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:35 PM (9aYjv)
9aYjv Johnson is right!
Those psychos who are blabbing about "you" owning nothing and eeeting zee boogz... and there are "too many" of "you"...
Posted by: Helena Handbasket at March 15, 2023 01:41 PM (llON8)
he may be thinking of Bernie Madoff
Posted by: kallisto at March 15, 2023 01:40 PM (dCxaZ)
Exactly. Corzine was never even prosecuted.
Posted by: CN at March 15, 2023 01:41 PM (Zzbjj)
Posted by: NaCly Dog (u82oZ) at March 15, 2023 01:41 PM (u82oZ)
--
Back then the ultra rich built libraries, parks, and towers with bells to chime over cities to try and improve the lives of people without wealth.
Now they figure out ways to restrict our happiness because they think it makes their wealth more meaningful.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:41 PM (9aYjv)
Posted by: Thomas Bender at March 15, 2023 01:36 PM (n/8Ck)
That asshole?
Posted by: Legolam at March 15, 2023 01:42 PM (BTgKJ)
Keep some cash on hand, not in the bank.
Posted by: artisanal ette at March 15, 2023 01:42 PM (uQPen)
They made me wait a week for my life insurance check to clear.
Posted by: Christopher R Taylor at March 15, 2023 01:36 PM
Okay, thanks. This is a 'regional bank' with a dot not feather CEO and if the SHTF I can seeing him heading back to New Dehli on the next flight. But diversity is our strength or something.
I'd rather see the Indian from Village People as CEO. No reservations about that.
Posted by: Divide by Zero at March 15, 2023 01:42 PM (enJYY)
I think there's a lot to that. The only reason the government needs that kind of money is to maintain a gigantic standing army and all the unconstitutional spending.
Posted by: Christopher R Taylor at March 15, 2023 01:42 PM (0hOvj)
Posted by: N. Lurker at March 15, 2023 01:42 PM (eGTCV)
-
Same as guns. Do laws exist? Enforce them. The end.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:42 PM (9aYjv)
If that had been me, some extremely choice and colorful words would have followed.
Posted by: Notorious BFD at March 15, 2023 01:32 PM (Xrfse)
The bank's government sanctioned response will soon be, "That's weird. If it's your money, you wouldn't be needing to ask me for it."
Posted by: The Central Scrutinizer at March 15, 2023 01:42 PM (KbCG3)
Posted by: N. Lurker at March 15, 2023 01:42 PM (eGTCV)
Consistency is the hobgoblin of people with ethics.
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:43 PM (zZu0s)
Keep some cash on hand, not in the bank.
Posted by: artisanal ette at March 15, 2023 01:42 PM (uQPen)
They are evil *and* stupid.
Posted by: Helena Handbasket at March 15, 2023 01:43 PM (llON8)
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:32 PM (eYoxG)
Fed raised interest rates by 25 basis points in February 2023, and economists expected a smaller 25-basis-point hike on March 22, 2023. I don't know the velocity at which such changes and their negative impacts to percolate through the banking systems, but I would expect insiders to know, even ones plagued by WOKE/DEI/ESG concerns.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:39 PM (PyOKD)
A professional can tell it'd cause more bleeding to a portfolio structured to benefit from interest rate decreases and hurt by interest rate increases (as SVB's was), but not when a run will occur.
Interest rate increases were public information though so trading on them wouldn't have been illegal.
I think the case would start with their Q4 earnings/presentation and contrast with his actual actions of selling stock. He comes off as misrepresenting SVB's position.
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:43 PM (eYoxG)
but:
https://is.gd/YWVMe9
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:36 PM (zZu0s)
Now I want to invest in large tracts of land.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:43 PM (PyOKD)
Posted by: artisanal ette at March 15, 2023 01:42 PM (uQPen)
----
And precious metals: gold, silver, brass and lead.
Posted by: Blake - semi lurker at large at March 15, 2023 01:43 PM (2YtOq)
-------------------
We have the House. Now would be a great time to use it.
Posted by: Pudinhead at March 15, 2023 01:43 PM (jen+i)
Posted by: Muldoon at March 15, 2023 01:43 PM (ykeLU)
=================
I forget how the law is written precisely but I believe the FDIC is specifically charged with reducing the public cost FIRST, which means (again) the FDIC ignored the law and chose to maximize cost to public, rather than minimize it.
Posted by: Huck Follywood at March 15, 2023 01:44 PM (dVaoo)
Sick of these monsters.
Posted by: artisanal ette at March 15, 2023 01:44 PM (uQPen)
Posted by: Minnfidel at March 15, 2023 01:44 PM (GwxCX)
And I looked at the pictures.
Posted by: SOMEASSHOLESTOLEMYPEN at March 15, 2023 01:06 PM (ytSiK)
.......
any boobehs?
Posted by: wth at March 15, 2023 01:44 PM (v0R5T)
>>Looks like I picked the wrong week to stop sniffing glue.
I huffed glue once as a teenager, didn't do anything for me, afterwards, I picked up a habit for Gin.
So really, huffing glue is a gateway drug to Gimlets.
Posted by: Thomas Bender at March 15, 2023 01:36 PM (n/8Ck)
Gimlet: A small hand tool having a spiraled shank, a screw tip, and a cross handle and used for boring holes.
Posted by: jim (in Kalifornia) at March 15, 2023 01:44 PM (ynpvh)
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:41 PM (9aYjv)
Carnegie, etc had some knowledge of history and how corrupt rich people are "dealt with" by angry revolutionaries and their poor cohort. These guys think all that stuff is impossible.
Posted by: CN at March 15, 2023 01:44 PM (Zzbjj)
Posted by: Muldoon at March 15, 2023 01:43 PM (ykeLU)
----
Sounds like you are all set with a rainy day fund!
Posted by: "Perfessor" Squirrel at March 15, 2023 01:45 PM (YIVH2)
Monday I got a nibble on a resume I submitted through Indeed. When HR reached out to schedule a phone call, I deep-dived their company website, and it was chock-full of ESG, DIE, and equity.
So I emailed her back and said I changed my mind after looking in to them more. She asked what changed my mind, "ESG and DEI. I believe these are poisonous and detrimental to a healthy society. They assume guilt without proof."
It probably matters not-at-all in the grand scheme, but my conscience is clear and I'll just keep slogging it out. Tequila helps.
Posted by: insurgens ad opus at March 15, 2023 01:45 PM (b306O)
Posted by: Archer at March 15, 2023 01:36 PM (gmo/4)
That's ours.
Posted by: FED at March 15, 2023 01:45 PM (ynpvh)
Posted by: N. Lurker at March 15, 2023 01:42 PM (eGTCV)
We love
Posted by: Schizophrenic Democrat Voters at March 15, 2023 01:45 PM (cIxcV)
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:41 PM (9aYjv)
Carnegie, etc had some knowledge of history and how corrupt rich people are "dealt with" by angry revolutionaries and their poor cohort. These guys think all that stuff is impossible.
Posted by: CN at March 15, 2023 01:44 PM (Zzbjj)
They are so SMAHHHHHHRRRT oh yeah, they are the bestest evah!!!
Posted by: Helena Handbasket at March 15, 2023 01:45 PM (llON8)
Posted by: Blake - semi lurker at large at March 15, 2023 01:43 PM (2YtOq)
I had this conversation with my dentist this morning, who, at first, didn't understand "lead"
Posted by: CN at March 15, 2023 01:45 PM (Zzbjj)
Posted by: Bulgaroctonus at March 15, 2023 01:45 PM (hTf8I)
I would imagine that what might come next will be some banks cutting their ATM withdrawal limits in half.
Posted by: Notorious BFD at March 15, 2023 01:37 PM
Wrong. My credit union cut them from $1000 to $600. Not half.
Neener, neener.
Posted by: Divide by Zero at March 15, 2023 01:46 PM (enJYY)
Limit at my bank is $400 within a 24-hour period.
Posted by: Notorious BFD at March 15, 2023 01:46 PM (Xrfse)
Posted by: Huck Follywood at March 15, 2023 01:44 PM (dVaoo)
=========
It's really too bad that there won't be any disagreement over the justness of these moves in the lower courts so SCOTUS will never feel the need to visit it...
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:46 PM (LvTSG)
Posted by: But I have $100! at March 15, 2023 01:46 PM (La8Fd)
Posted by: Erik In Texas at March 15, 2023 01:46 PM (z0DEK)
At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available
Just as you would expect from a government that wants to collect as much power to itself at the expense of everyone and everything else. So what's new?
Posted by: OneEyedJack at March 15, 2023 01:47 PM (FCbAQ)
Posted by: N. Lurker
--
Because communists never mean anything. They use whatever leverage they have under freedoms to subvert the establishment and gain power, and then they remove the freedoms.
See January 6th
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:47 PM (9aYjv)
--------------------------------
Why tell them? Just start taking out the max per day from an ATM and you'll have it amassed within the month. I'd be worried they flag you to the IRS, if you do tell them, who will expect you to issue a 1099 to your contractor.
Posted by: Huck Follywood at March 15, 2023 01:47 PM (dVaoo)
Posted by: REDACTED at March 15, 2023 01:47 PM (us2H3)
Posted by: Tex Lovera at March 15, 2023 01:47 PM (wtvvX)
Met with my banker over a week ago to relook some of my accounts and CDs. She said she'd follow up.
Crickets.
I wonder why?
Posted by: Diogenes at March 15, 2023 01:47 PM (anj39)
Posted by: FRANK DREBIN at March 15, 2023 01:47 PM (jM1wU)
Posted by: artisanal ette at March 15, 2023 01:42 PM (uQPen)
++++
At least a month's expenses, plus a few percent. If you're at the point where you need emergency cash, you need to be prepared to pay more because you're either on the run or there's a very serious problem that will result in gouging.
But it's better to overpay and get something than be unable to pay at all.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 01:47 PM (t0OGg)
Posted by: Pudinhead at March 15, 2023 01:16 PM (jen+i)
*whispers, leans into microphone*
its not a bailout Jack
*stumbles away, tries to find doorknob*
Posted by: Joe's diaper at March 15, 2023 01:47 PM (v0R5T)
Posted by: Tommy DeVito at March 15, 2023 01:47 PM (Jg7EG)
We are in Calvinball times.
Posted by: round and round she goes, where she'll stop nobody knows at March 15, 2023 01:47 PM (1+PFR)
Posted by: Blake - semi lurker at large at March 15, 2023 01:39 PM (2YtOq)
That's just "The" in German.
Posted by: Sideshow Bob at March 15, 2023 01:47 PM (ynpvh)
Posted by: Muldoon at March 15, 2023 01:43 PM
When the vault is rockin', don't come knockin'?
Posted by: Duncanthrax at March 15, 2023 01:48 PM (a3Q+t)
Posted by: insurgens ad opus at March 15, 2023 01:45 PM (b306O)
good luck
very sad this is happening
Posted by: artisanal ette at March 15, 2023 01:48 PM (uQPen)
See my suggestion of a few days ago about burying a 6
" ID PVC pipe in the yard somewhere.
Posted by: Maj. Healey at March 15, 2023 01:48 PM (DMyTF)
Posted by: N. Lurker at March 15, 2023 01:49 PM (eGTCV)
Posted by: Huck Follywood at March 15, 2023 01:47 PM
Not a bad idea. Starve the beast. I'm not issuing shit on my money. That's up to the contractor to report it. Yea, yea, I know. But starve it.
Posted by: Minnfidel at March 15, 2023 01:49 PM (GwxCX)
Posted by: Patrick From Ohio at March 15, 2023 01:49 PM (L5XjV)
Posted by: Christopher R Taylor at March 15, 2023 01:49 PM (0hOvj)
Fewer branches, but excellent online support. When I need to go past a limit, I just live chat them. My current crap employer still pays with hard checks, so they permanently bumped my digital deposit ammount with zero push back.
Posted by: insurgens ad opus at March 15, 2023 01:49 PM (b306O)
Posted by: Blake - semi lurker at large at March 15, 2023 01:43 PM (2YtOq)
I had this conversation with my dentist this morning, who, at first, didn't understand "lead"
Posted by: CN at March 15, 2023 01:45 PM (Zzbjj)
heh
why not copper?
Posted by: artisanal ette at March 15, 2023 01:50 PM (uQPen)
It's almost as if stolen elections have tragic consequences.
Posted by: Divide by Zero at March 15, 2023 01:50 PM (enJYY)
Posted by: Pudinhead at March 15, 2023 01:16 PM (jen+i)
you left out the "up to now"
cuz ...
Posted by: Z Man at March 15, 2023 01:50 PM (us2H3)
Posted by: Patrick From Ohio at March 15, 2023 01:49 PM (L5XjV)
That might explain their decision to position themselves for interest rates to decrease rather than increase.
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:50 PM (eYoxG)
-------
This is horrendous. The answer should always be "none of your fucking business."
If they are this bad now, imagine when they totally control your money or whatever they are going to call it.
Posted by: Seems Legit at March 15, 2023 01:50 PM (DcKNO)
Posted by: Muldoon at March 15, 2023 01:43 PM (ykeLU)
In the winter-time, could become a hard asset if you're not careful.
Posted by: Sideshow Bob at March 15, 2023 01:50 PM (ynpvh)
Posted by: Archer at March 15, 2023 01:51 PM (gmo/4)
-------
The Biden Junta has now effectively nationalized the banking industry -- making the Feral Government the depositor, lender, and insurer of last resort.
Expect them to do energy next as an "Emergency!" measure owing to the 'Climate Crisis!"
Posted by: ShainS -- The Abolition of The West is from Men Without Chests at March 15, 2023 01:51 PM (ZWPVN)
Like every other company and corporation in America did. It was a team effort. USA went stark raving insane in 2020.
Posted by: Apply gp Directly To Forehead at March 15, 2023 01:51 PM (MvF+J)
Posted by: Muldoon at March 15, 2023 01:43 PM
When the vault is rockin', don't come knockin'?
Posted by: Duncanthrax at March 15, 2023 01:48 PM (a3Q+t)
---
When the vault is a sloshin', don't come noshin'.
Posted by: insurgens ad opus at March 15, 2023 01:51 PM (b306O)
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:42 PM (9aYjv)
Laws exist. For suckers.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:51 PM (PyOKD)
Posted by: Muldoon at March 15, 2023 01:43 PM (ykeLU)
In the winter-time, could become a hard asset if you're not careful.
Posted by: Sideshow Bob at March 15, 2023 01:50 PM (ynpvh)
In a fire, you assets could all go up in steam.
Posted by: jim (in Kalifornia) at March 15, 2023 01:51 PM (ynpvh)
Posted by: Seems Legit at March 15, 2023 01:50 PM (DcKNO)
Apply a month in advance pending govt approval
Posted by: CN at March 15, 2023 01:52 PM (Zzbjj)
Limit at my bank is $400 within a 24-hour period.
Posted by: Notorious BFD at March 15, 2023 01:46 PM (Xrfse)
I think some banks are going to act harsher in the coming days. I'm getting emails from some of mine to assure me, blah blah blah
Posted by: artisanal ette at March 15, 2023 01:52 PM (uQPen)
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:52 PM (zZu0s)
-------------------
We have the House. Now would be a great time to use it.
Posted by: Pudinhead
++++
Who is this "we" you speak of?
Posted by: House RINOs at March 15, 2023 01:52 PM (G/Sgw)
They made me wait a week for my life insurance check to clear.
Posted by: Christopher R Taylor
Recieved a small IRS refund yesterday, electronically deposited . It will be available Friday? With the exception of one CD , all of my excess cash will be out of the bank ny next Friday. My credit union has a daily withdrawal limit.
Posted by: Sock Monkey * Free Jacob Chansley at March 15, 2023 01:52 PM (Lz0xF)
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:15 PM (PyOKD)
Exactly which song are we referring to all the time?
Posted by: OneEyedJack at March 15, 2023 01:52 PM (FCbAQ)
Posted by: N. Lurker at March 15, 2023 01:53 PM (eGTCV)
Posted by: Seems Legit at March 15, 2023 01:50 PM (DcKNO)
Apply a month in advance pending govt approval
Posted by: CN at March 15, 2023 01:52 PM (Zzbjj)
I watched one of Poole's timcasts where he said he tried to get money out not long ago, cash, and they told he him could not withdraw that amount without making an advance request. This was before these crashes. Beware. They do not have a lot of cash on hand.
Posted by: artisanal ette at March 15, 2023 01:53 PM (uQPen)
Posted by: Steve_in_SoCal at March 15, 2023 01:31 PM (NW9xb)
Not after Joe Bailout totally bails-out more banks. Gavin will say he didn't receive any more consideration than was given to thousands and thousands of others.
Posted by: Gref at March 15, 2023 01:53 PM (AMIL/)
Posted by: Sid, now with Aviators at March 15, 2023 01:53 PM (PFzEb)
___
Ironically, at every fork in the road, Biden elects the path that has the most tween girls to paw and sniff.
Posted by: Chuck Martel at March 15, 2023 01:53 PM (fs1hN)
Posted by: Vera Donovan at March 15, 2023 01:54 PM (us2H3)
--------------------------------
Why tell them? Just start taking out the max per day from an ATM and you'll have it amassed within the month. I'd be worried they flag you to the IRS, if you do tell them, who will expect you to issue a 1099 to your contractor.
Posted by: Huck Follywood at March 15, 2023 01:47 PM (dVaoo)
I believe feralgov calls it "structuring" or something similar when you make several transactions in a short period of time that add up to 10k or even close to that.
...but now we know they've been watching everything for a long time now, so...
Posted by: Helena Handbasket at March 15, 2023 01:54 PM (llON8)
Posted by: Archer at March 15, 2023 01:54 PM (gmo/4)
Posted by: Patrick From Ohio at March 15, 2023 01:49 PM (L5XjV)
That might explain their decision to position themselves for interest rates to decrease rather than increase.
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:50 PM (eYoxG)
The Risk Management "Woman" had more experience in Gay Rights and Racism than Risk Management, she was off talking up GAY rights in Europe when they went under.
Posted by: Patrick From Ohio at March 15, 2023 01:54 PM (L5XjV)
Posted by: Minnfidel at March 15, 2023 01:44 PM (GwxCX)
Tell them you are going to wire the money to relatives in Mexico. They'll fall over themselves stuffing money into a bag for you. No questions asked.
Posted by: Beartooth at March 15, 2023 01:54 PM (H4JoC)
========
What's his lie here?
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:54 PM (LvTSG)
Posted by: artisanal ette
--
Like if someone insists they are smart or handsome.
If you feel a need to tell other people that you are, you aren't.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:54 PM (9aYjv)
Posted by: NaCly Dog (u82oZ) at March 15, 2023 01:54 PM (u82oZ)
Posted by: Blake - semi lurker at large at March 15, 2023 01:43 PM (2YtOq)
I had this conversation with my dentist this morning, who, at first, didn't understand "lead"
Posted by: CN at March 15, 2023 01:45 PM (Zzbjj)
heh
why not copper?
Posted by: artisanal ette at March 15, 2023 01:50 PM (uQPen)
In Mexico, the drug lord minions will give someone a choice to work for them: Plata o Plomo [Silver or Lead]...
Posted by: jim (in Kalifornia) at March 15, 2023 01:54 PM (ynpvh)
Posted by: artisanal ette at March 15, 2023 01:53 PM (uQPen)
I think they're just "following orders" and will keep records as requested by DC
Posted by: CN at March 15, 2023 01:54 PM (Zzbjj)
I guess the ones that are also pedos keep that under wraps for the most part
Posted by: Regular joe at March 15, 2023 01:55 PM (nnp+f)
Posted by: Sid, now with Aviators at March 15, 2023 01:53 PM
How's the cocks tasting today Skid?
Posted by: Minnfidel at March 15, 2023 01:55 PM (GwxCX)
Posted by: spindrift at March 15, 2023 01:55 PM (h5TKJ)
Posted by: John Fetterman at March 15, 2023 01:55 PM (vwCZJ)
Posted by: N. Lurker at March 15, 2023 01:55 PM (eGTCV)
Posted by: Notorious BFD at March 15, 2023 01:55 PM (Xrfse)
Posted by: Blake - semi lurker at large at March 15, 2023 01:55 PM (2YtOq)
Pllllbt! Chump change.
$18.25 BILLION, baby. With a B.
https://bit.ly/404LhGw
Hell, even Fifth Third Bancorp donated $2.8 Billion.
$73 million is nothing.
Posted by: Bank of America at March 15, 2023 01:55 PM (Do5/p)
So basically, considering the tens of millions given to BLM, taxpayers are underwriting, but going through several hands of grift, BLM violence and corruption.
All of this outside any budget process.
Posted by: Reuben Hick at March 15, 2023 01:55 PM (YXHzG)
Posted by: Archer at March 15, 2023 01:51 PM (gmo/4)
aaaannnnd it's gone. Next Customer.
https://www.youtube.com/watch?v=-DT7bX-B1Mg
Posted by: jim (in Kalifornia) at March 15, 2023 01:56 PM (ynpvh)
Drip,drip,drip....Flash flood.
Posted by: portlandon at March 15, 2023 01:56 PM (+oR7L)
Posted by: Beartooth at March 15, 2023 01:54 PM (H4JoC)
You're right! There is always cash available for illegals. They stand in front of the WU machine with rolls of $50 bills
Posted by: CN at March 15, 2023 01:56 PM (Zzbjj)
What's his lie here?
Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:54 PM (LvTSG)
Sid doesn't know. He just knows what he's been told to think and say about Tucker Carlson. Which we already know making Sid completely redundant and useless.
Posted by: sniffybigtoe at March 15, 2023 01:56 PM (UuD2k)
The CEO sold tens of millions of his SVB stock days before the crash. This is without question a criminal act of insider trading. Martha Stewart got prosecuted for like $50k (yes, thousand) in insider sales. So this prick is going to be prosecuted, right? Right?
Posted by: Elric Blade at March 15, 2023 01:17 PM (iFTx/)
It was scheduled 30 days in advance so a bit harder for them to make the case. Hardly impossible though.
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 01:23 PM (eYoxG)
___________________
I'm not sure this is true, but even if it is, the serious problems with the bank that led to the collapse were known to the CEO -- but not disclosed to the public -- for months if not longer. So same result. At the very least, this should be clawed back. But nothing will happen.
Posted by: Elric Blade at March 15, 2023 01:56 PM (iFTx/)
Posted by: artisanal ette
--
Anyone who has tried to buy a used car under $10K or so has run into this over the last few years. You have to go to three or four different branches to get the full amount, if you even can.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:56 PM (9aYjv)
==
Actually what she got popped for was lying to the FBI. She was investigated for insider trading. But the provable crime was a lie to investigators. If I recall.
The really funny one was Barry Switzer. Said he overheard a conversation while laying down in the bleachers to nap during a practice for Okla Football. Because of conversation overheard, he decided to buy stock in the company, told his buddies. Made 100k. Charges dropped.
Posted by: ironically at March 15, 2023 01:56 PM (BEqz7)
Posted by: Sid, now with Aviators
Did he piss in your cornflakes again?
Posted by: weft cut-loop at March 15, 2023 01:56 PM (jzzG8)
Posted by: Beartooth at March 15, 2023 01:54 PM
LOL. Not a bad idea. And I get a free sombrero!
Posted by: Minnfidel at March 15, 2023 01:57 PM (GwxCX)
Posted by: Cat Ass Trophy at March 15, 2023 01:57 PM (+68Ze)
Posted by: Bulgaroctonus at March 15, 2023 01:57 PM (hTf8I)
--
Oh dang, I'm going to try this.
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:57 PM (9aYjv)
Posted by: artisanal ette at March 15, 2023 01:53 PM (uQPen)
-----
During the pandemic of 2020, the Federal Reserve reduced the reserve requirements to 0%.
That's from Investopedia. I'd say many Fed member banks are keeping zero point zero zero dollars on hand. But I'm an optimist, so it could be muchnless.
Posted by: insurgens ad opus at March 15, 2023 01:57 PM (b306O)
It just proves, YET AGAIN, that this BLM and gay and all the rest bullshit is all a criminal enterprise.
It comes down to money.
Posted by: Dr.Rev. Senator Your Highness E Buzz Miller, Esq PhD MA MS at March 15, 2023 01:57 PM (UCNv1)
Posted by: N. Lurker at March 15, 2023 01:58 PM (eGTCV)
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:52 PM (zZu0s)
------
Haven't finished it yet, but yes, very cool.
Posted by: Seems Legit at March 15, 2023 01:58 PM (DcKNO)
Posted by: N. Lurker at March 15, 2023 01:58 PM (eGTCV)
Shh, he's on a roll.
Posted by: sniffybigtoe at March 15, 2023 01:58 PM (UuD2k)
Posted by: Aetius451AD Work Laptop at March 15, 2023 01:59 PM (zZu0s)
_______________
Whitelist? Uh oh ...
Posted by: Deplorable Jay Guevara at March 15, 2023 01:59 PM (r4PDB)
Posted by: ... at March 15, 2023 01:59 PM (U7hCZ)
Posted by: Pudinhead at March 15, 2023 01:16 PM (jen+i)
See 285. Z-Man will get at least a few billions of dollars out of this. Minus 10% for The Big Guy.
Posted by: Gref at March 15, 2023 02:00 PM (AMIL/)
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 02:00 PM (9aYjv)
Posted by: Seems Legit at March 15, 2023 01:58 PM (DcKNO)
It really is. Am I the only one who thinks: go a little bit more reserved on the decoration, for goodness sake. Every square inch of the wall does not need to be covered in paintings.
Freedman. New Rich. Makes a certain amount of sense.
Posted by: Aetius451AD Work Laptop at March 15, 2023 02:00 PM (zZu0s)
Posted by: ironically at March 15, 2023 01:56 PM (BEqz7)
Yeah it's not illegal to invest based on rumors and random shit you hear.
It's a different matter if someone with actual inside information is relaying information to you (essentially making it credible).
Posted by: Red Turban Someguy - The Republic is already dead! at March 15, 2023 02:00 PM (eYoxG)
Posted by: OneEyedJack at March 15, 2023 01:52 PM (FCbAQ)
Suite Sister Mary, apparently.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 02:00 PM (PyOKD)
Posted by: Blake - semi lurker at large at March 15, 2023 01:08 PM (2YtOq)
______________
This.
Posted by: Deplorable Jay Guevara at March 15, 2023 02:00 PM (r4PDB)
Posted by: N. Lurker at March 15, 2023 01:58 PM (eGTCV)
Shh, he's on a roll.
Posted by: sniffybigtoe at March 15, 2023 01:58 PM (UuD2k)
I read that as:"Shh, he's on a Troll."
Posted by: jim (in Kalifornia) at March 15, 2023 02:00 PM (ynpvh)
Posted by: Roy at March 15, 2023 02:00 PM (rqgpJ)
Posted by: Joe's diaper at March 15, 2023 02:01 PM (v0R5T)
Posted by: nurse ratched at March 15, 2023 02:01 PM (U2p+3)
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 02:00 PM (9aYjv)
She did a good job. I'd call most of them renaissance level of anatomy and figures. Which I guess makes sense.
Posted by: Aetius451AD Work Laptop at March 15, 2023 02:01 PM (zZu0s)
Posted by: Apply gp Directly To Forehead at March 15, 2023 02:02 PM (MvF+J)
Posted by: Archer at March 15, 2023 01:54 PM (gmo/4)
And my CU $2500 data point was last year's info. YMMV.
Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 02:02 PM (PyOKD)
Posted by: Cat Ass Trophy at March 15, 2023 02:02 PM (+68Ze)
Posted by: nurse ratched at March 15, 2023 02:01 PM (U2p+3)
Because after the "leaders" bought themselves mansions and such, they made sure the uniparty-approved candidates got at least half the remainder?
Posted by: Helena Handbasket at March 15, 2023 02:02 PM (llON8)
Posted by: Apply gp Directly To Forehead at March 15, 2023 02:02 PM (MvF+J)
Not yet, so far. She's still working on it.
Posted by: Roy at March 15, 2023 02:03 PM (rqgpJ)
Posted by: nurse ratched at March 15, 2023 02:01 PM (U2p+3)
Expect a fiery statement from Jim Jordan any minute now.
Posted by: Maj. Healey at March 15, 2023 02:03 PM (DMyTF)
Posted by: N. Lurker at March 15, 2023 01:49 PM
Like that'll ever happen...
Posted by: Zombie Ernst Roehm at March 15, 2023 02:04 PM (4p7Em)
Posted by: Roy at March 15, 2023 02:03 PM
It's a 3 day special. Sweeps week you know.
Posted by: Minnfidel at March 15, 2023 02:04 PM (GwxCX)
Posted by: Roy at March 15, 2023 02:00 PM (rqgpJ)
Talk about a hopeless cause.
Posted by: Alberta Oil Peon at March 15, 2023 02:04 PM (tkR6S)
Posted by: Seems Legit at March 15, 2023 02:05 PM (DcKNO)
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 02:05 PM (9aYjv)
>>Ryan Reynolds on track to be a billionaire.
Not bad for the guy who starred in Green Lantern.
Posted by: Thomas Bender at March 15, 2023 02:05 PM (n/8Ck)
Posted by: IllTemperedCur at March 15, 2023 02:06 PM (n+4am)
Posted by: Roy at March 15, 2023 02:00 PM
FIFY
Posted by: Minnfidel at March 15, 2023 02:06 PM (GwxCX)
Posted by: Remember when BBC reported WTC7 had fallen due to fire 20 minutes before it collapsed? at March 15, 2023 01:41 PM (9aYjv)
Or because they are power mad sadists. Unless you think they became billionaires by accident.
Posted by: ... at March 15, 2023 02:06 PM (U7hCZ)
That amuses me.
Posted by: Joe Mannix (Not a cop!) at March 15, 2023 02:06 PM (t0OGg)
Posted by: Vera Donovan at March 15, 2023 01:54 PM
Jokes on you...Biden will sign an EO forcing everyone to turn cash in for equivalent amounts of FedCrypto, or it will become worthless by a certain date. I did it with gold, but lacked the amazing technology you have to REALLY control you peons!!!
Posted by: Zombie FDR at March 15, 2023 02:07 PM (cIxcV)
Posted by: N. Lurker at March 15, 2023 01:49 PM
Yeah like someday they will start supporting regimes that throw gays off of buildings.
Posted by: ... at March 15, 2023 02:07 PM (U7hCZ)
______
Too busy tracking down Trump's taxes.
Posted by: Adirondack Patriot at March 15, 2023 02:07 PM (lf83v)
Posted by: Bulgaroctonus at March 15, 2023 02:07 PM (hTf8I)
Posted by: N. Lurker
Like that'll ever happen...
Posted by: Zombie Ernst Roehm
In'SHALLA~!
Posted by: Your Friendly Neighborhood Jihadi at March 15, 2023 02:07 PM (jzzG8)
-------------------
We have the House. Now would be a great time to use it.
Posted by: Pudinhead at March 15, 2023 01:43 PM
This is out of the hands of the House. The FDIC pretty much funds itself.
Posted by: Mister Scott (Formerly GWS) at March 15, 2023 02:08 PM (ncXxy)
Not bad for the guy who starred in Green Lantern.
________
High school dropout.
Posted by: Adirondack Patriot at March 15, 2023 02:08 PM (lf83v)
Posted by: Aetius451AD Work Laptop at March 15, 2023 02:08 PM (zZu0s)
Posted by: Bulgaroctonus at March 15, 2023 02:07 PM (hTf8I)
A bit more like ET every day.
Posted by: Roy at March 15, 2023 02:08 PM (rqgpJ)
Posted by: Roy at March 15, 2023 02:00 PM
FIFY
Posted by: Minnfidel at March 15, 2023 02:06 PM (GwxCX)
Well, if she becomes sufficiently skilled at that, she should have no trouble finding guys to parallel park her car.
Posted by: Alberta Oil Peon at March 15, 2023 02:08 PM (tkR6S)
says not a nationalization like other countries.
INDEED! This is what a FASCIST govt does: let the companies own themselves.... but dictate to them what they will do
Posted by: jb at March 15, 2023 02:09 PM (MFMP+)
Posted by: Roy at March 15, 2023 02:00 PM
FIFY
Posted by: Minnfidel at March 15, 2023 02:06 PM
She worked in Hollywood...I'm sure she knows how to suck a dick....and much worse.
Posted by: Movie Moron at March 15, 2023 02:09 PM (cIxcV)
Posted by: Remember when BBC
She did a good job. I'd call most of them renaissance level of anatomy and figures. Which I guess makes sense.
Posted by: Aetius451AD
She musta used Ace's time machine since Pompeii was buried in 79 AD and not rediscovered until 1599.
Posted by: rickb223 at March 15, 2023 02:10 PM (lEejK)
Posted by: N. Lurker at March 15, 2023 02:10 PM (eGTCV)
We are in Calvinball times.
Posted by: round and round she goes, where she'll stop nobody knows at March 15, 2023
-------------------
And that's why the coming 2024 election has already been decided. They cannot allow anything to happen that they do not control. Their insurrection is complete.
Posted by: President Select Decaf at March 15, 2023 02:11 PM (3JfbU)
Posted by: An Observation sez China Joe not my president at March 15, 2023 02:12 PM (CecP5)
That limit was NOT meant for the Inner Party. And that does not include you, prole
Posted by: Ripley at March 15, 2023 02:13 PM (cUYo/)
bigK: guys, be patient, we're in the middle of looting the country and Ukrainia needs fire power...
Posted by: micky at March 15, 2023 02:13 PM (3byMq)
Grrrrrrrrr. Struggling not to take it personally, but, WTF. Me or a company that will fire you in a NY minute?
Posted by: Hairpin Corner Concrete Truck Collision Take Me Now at March 15, 2023 02:14 PM (d9tOA)
Posted by: ironically at March 15, 2023 01:56 PM (BEqz7)
Yeah it's not illegal to invest based on rumors and random shit you hear.
It's a different matter if someone with actual inside information is relaying information to you (essentially making it credible).
==
what's funny about it is that he was lying like a rug. But they couldn't prove it. Martha probably forgot and they pulled some email and they could show she was aware of a thing she said she wasn't aware of. Game over.
Posted by: Its not Don Rickles Funny, but its funny at March 15, 2023 02:14 PM (7VINv)
==
Minimal shots fired.
Posted by: we had a plan and we executed that plan at March 15, 2023 02:16 PM (CjAEU)
Posted by: President Select Decaf at March 15, 2023 02:17 PM (3JfbU)
Posted by: President Select Decaf at March 15, 2023 02:17 PM (3JfbU)
Who said we're not?
Posted by: JoeF. at March 15, 2023 02:22 PM (mR6Gs)
1. We can't send FEMA funds to Ohio for a train wreck even though it is an environmental disaster impacting human health. Sorry. Our rules don't allow it.
2. Our rules only allow FDIC insurance up to $250K. Hey, good news, those rules don't apply! Everybody gets all of their money!
Posted by: Mr. Barky at March 15, 2023 02:26 PM (WpjNg)
Posted by: TKO Steve at March 15, 2023 03:02 PM (QYuAC)
Posted by: Corona at March 15, 2023 04:14 PM (nakGR)
Posted by: Tamaa the Drongo Bird at March 15, 2023 04:45 PM (wGqjj)
Posted by: El Kapoli at March 15, 2023 05:11 PM (l1UWN)
Call it cronyism, call it clientelism, it's corrupt.
Posted by: stv at March 15, 2023 06:28 PM (/dqoc)
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