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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 Sperry
@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

A 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.

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."


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)

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.


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.

Update:

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 Intercept

Thanks 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.


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.

Tom Elliot comments further:

Tom Elliott
@tomselliott

At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available

Posted by: Ace at 01:05 PM




Comments

(Jump to bottom of comments)

1 Foisted?

Posted by: Boone at March 15, 2023 01:05 PM (20vQo)

2 First?

Posted by: Miss Issippi at March 15, 2023 01:05 PM (sI15f)

3 Newsom invested with them too. Link in a second.

Posted by: andycanuck (Vwz3I) at March 15, 2023 01:05 PM (Vwz3I)

4 Let em burn!!

Posted by: SOMEASSHOLESTOLEMYPEN at March 15, 2023 01:05 PM (ytSiK)

5 And I looked at the pictures.

Posted by: SOMEASSHOLESTOLEMYPEN at March 15, 2023 01:06 PM (ytSiK)

6 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 Intercept

Posted by: andycanuck (Vwz3I) at March 15, 2023 01:06 PM (Vwz3I)

7 Their management kept putting out tik tok videos doing parodies of popular shows as well. Brilliant use of time.

Posted by: Christopher R Taylor at March 15, 2023 01:07 PM (0hOvj)

8 So we're all going into bankruptcy because the banks gave those BLM pricks $73 million???

Posted by: Wyatt Earp at March 15, 2023 01:07 PM (VWp7G)

9 So, money laundering to BLM financed by the federal government.

Seems cumbersome.

Posted by: Aetius451AD Work Laptop at March 15, 2023 01:07 PM (zZu0s)

10 As the more insane our ruling class gets, the regulatory bodies themselves in particular will become worse than useless and much more antagonistic to actual good governance.

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)

11 Too well connected to fail!

Posted by: huerfano at March 15, 2023 01:08 PM (dTFZY)

12 A 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.
++++
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)

13 If it's true there were buyers available for SVB, and the administration said, "Nyet," then there is stuff on SVB's books the administration doesn't want coming out.

Posted by: Blake - semi lurker at large at March 15, 2023 01:08 PM (2YtOq)

14 No matter which way I turn my head, I smell corruption.

Posted by: Additional Blond Agent, STEM Guy at March 15, 2023 01:08 PM (ZSK0i)

15 >>>So now we all own Silicon Valley Bank.

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)

16 Too well connected to fail!

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)

17 >>>" 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.."

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)

18 One national bank. One digital currency.

Posted by: Bertram Cabot, Jr. at March 15, 2023 01:09 PM (63Dwl)

19 hiya

Posted by: JT at March 15, 2023 01:09 PM (T4tVD)

20 8 So we're all going into bankruptcy because the banks gave those BLM pricks $73 million???
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)

21 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.
------------

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)

22 If the Feds hadn't taken SVB over, how could they make sure that the $11 billion pledged for that DEI crap would be fulfilled by 2026?

Posted by: Curly Shuffle at March 15, 2023 01:10 PM (TNyrE)

23 So Patrisse Cullors and her fellow BLM grifters weren't laughing all the way *to* the bank, they were laughing all the way *from* the bank. . .

Posted by: Bert G at March 15, 2023 01:10 PM (fF0pk)

24 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).
++++
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)

25 12 A 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.
++++
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)

26 Oy!

Posted by: runner at March 15, 2023 01:11 PM (EeVCB)

27 I think they call it The Skim.

Posted by: davidt at March 15, 2023 01:11 PM (SYTee)

28 At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available


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)

29 Remain calm. All is well.

Posted by: Kevin Bacon at March 15, 2023 01:11 PM (PiwSw)

30 16 Too well connected to fail!

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)

31 Failward Mobility

Posted by: kallisto at March 15, 2023 01:11 PM (dCxaZ)

32 >>At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available

Yes, it's called the ratchet and it goes one way.

Posted by: Thomas Bender at March 15, 2023 01:11 PM (n/8Ck)

33 Should have been a homo banker. I'd be rich as shit.

Posted by: Pudinhead at March 15, 2023 01:11 PM (jen+i)

34 Leftist bank in a leftist state whose deposts belonged to 100% Democrat mega-donors? Bail out.

Bank in Florida? GFY.

Posted by: Huck Follywood at March 15, 2023 01:11 PM (JtzMq)

35 Slowly and then all at once.

Posted by: AZ deplorable moron at March 15, 2023 01:12 PM (zoXTr)

36 Quelle surprise:

@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)

37 What is the legal mechanism for the Biden administration to stick taxpayers -- without their consent -- for the deposits of SVB? Put another way, what is the authority that gives the president unilateral and immediate authority to bail out private banks?

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/)

38 34 Leftist bank in a leftist state whose deposts belonged to 100% Democrat mega-donors? Bail out.

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)

39 So where did all the BLM money go? The BLM gal, Cullors, only bought maybe three mansions.

Where is the rest?

Posted by: PJ at March 15, 2023 01:12 PM (G1dq6)

40 meantime, poor and disabled Americans are getting their food stamps and heating assistance slashed and burned.

Posted by: kallisto at March 15, 2023 01:12 PM (dCxaZ)

41 At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available.

----------

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)

42 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.
++++
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)

43 Should have been a homo banker. I'd be rich as shit.

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)

44 Tom Elliott
@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)

45 Yeah, we know what the law says but screw the law. We do what we want.

Posted by: Biden Junta Press Team at March 15, 2023 01:13 PM (JtzMq)

46 Many axioms are false, but some are rock solid.

Get woke, go broke.

Posted by: Xipe Totec at March 15, 2023 01:13 PM (pohLc)

47 As was pointed out in JJ's thread, this is more than we've given to Ukraine for similar efforts.

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)

48 The report details $82 billion dollars in social justice/BLM investments by major American companies.

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)

49 @unusual_whales
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)

50 The good Lord Jesus said only an idiot would build a house on fucking sand.

Posted by: MAGA_Ken at March 15, 2023 01:13 PM (cMXNt)

51
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)

52 Where is the rest?
Posted by: PJ at March 15, 2023 01:12 PM (G1dq6)
-----

No idea.

Posted by: Blake - semi lurker at large at March 15, 2023 01:13 PM (2YtOq)

53 Nah, just pulling your leg, when they weren't donating to BLM they were making "diversity" and "climate" "investments."

Climate of hate investments

Posted by: jim (in Kalifornia) at March 15, 2023 01:14 PM (ynpvh)

54 Wow, sock fail.

Posted by: Blake - semi lurker at large at March 15, 2023 01:14 PM (2YtOq)

55 36 Quelle surprise:

@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)

56
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)

57 at this point we need to be PRAYING for a currency collapse of the USD.

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)

58 One BLM Bitcoin to rule them all, One BLM Bitcoin to find them, One BLM Bitcoin to bring them all and in the darkness bind them. ― With apologies to J.R.R. Tolkien

Posted by: Gmac - WTF did you think was going to happen? at March 15, 2023 01:15 PM (qZdIZ)

59 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 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)

60 One national bank. One digital currency.

That's the goal, run by JP Morgan.

Posted by: Christopher R Taylor at March 15, 2023 01:15 PM (0hOvj)

61 55 36 Quelle surprise:

@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)

62 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)

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)

63 @tomselliott
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)

64 "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."

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)

65 DEI, woke and BLM are not the key to this mess but they are a mass distraction from what banks and financial institutions are supposed to be doing and not one bit helpful to recovery from the mess we're heading into. The problem is the massive amounts of money pumped into the economy from 08-20. It covered bad behavior , but the bill has come due and these institutions aren't prepared for it

Posted by: Smell the Glove at March 15, 2023 01:16 PM (ZPsfc)

66 SVB will cost $189B to bail out which is moar than we've spent on Ukraine. Just so you know.

Posted by: Pudinhead at March 15, 2023 01:16 PM (jen+i)

67 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.

Posted by Ace at 01:05 PM

And us too!

Posted by: Harry and Meghan at March 15, 2023 01:16 PM (Zzbjj)

68 >>>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


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)

69 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)
---
yep... I think "approved woke buyers" pretty much says it all.

Posted by: "Perfessor" Squirrel at March 15, 2023 01:16 PM (YIVH2)

70 Should have been a homo banker. I'd be rich as shit.

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)

71 @37

>>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)

72 We just aren't going to vote our way out of this.
I just don't see it.

Posted by: Diogenes at March 15, 2023 01:17 PM (anj39)

73 These payments are either straight-up extortion, or straight-up embezzlement.

W was just about to post something similar.

Posted by: Notorious BFD at March 15, 2023 01:17 PM (Xrfse)

74 63 @tomselliott
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)

75 49 @unusual_whales
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/)

76 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)

More like the country is being run by bunch of drunk monkeys.

Posted by: Xipe Totec at March 15, 2023 01:17 PM (pohLc)

77 TheFinanceGang: Yellen, Powell, Joey

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)

78 WTF is BLM doing with $82 BILLION?

How many mega-yachts does BLM need?

Posted by: "Perfessor" Squirrel at March 15, 2023 01:18 PM (YIVH2)

79 70 Should have been a homo banker. I'd be rich as shit.

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)

80 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. ...
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)

81 Reports link Newsom to the bank through personal accounts, three wineries, and his wife's charity.

https://tinyurl.com/5bymxh77

Posted by: artisanal ette at March 15, 2023 01:18 PM (uQPen)

82 68 >>>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


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)

83 what does it profit a man to gain the whole world and lose his soul?

It profits the WORLD!!

Posted by: Morgan Sloat at March 15, 2023 01:18 PM (ZSK0i)

84 The CEO sold tens of millions of his SVB stock days before the crash. This is without question a criminal act of insider trading.

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)

85 It's not like it's a lot of money that is unaccountable or anything.

Posted by: Mister Scott (Formerly GWS) at March 15, 2023 01:19 PM (ncXxy)

86 >>>No matter which way I turn my head, I smell corruption.

>What you're smelling is the sweet, sweet ordure of green sustainability.

Posted by: Dr. Bone at March 15, 2023 01:19 PM (Jg7EG)

87 I saw on Fox that SVB's board had 1 member with actual financial experience. The rest were diversity tokens.

Posted by: Ian S. at March 15, 2023 01:19 PM (ZGrMX)

88 It's a small club and we ain't in it.

Posted by: The Central Scrutinizer at March 15, 2023 01:19 PM (KbCG3)

89 WHITELIST?

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)

90 >>> 75
_______________

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)

91 Krugman had a column in NYT today saying this is not a Lehmann moment. That makes me believe it's a Lehmann moment even though I think it's only one of of a much larger mess

Posted by: Smell the Glove at March 15, 2023 01:19 PM (ZPsfc)

92 @72
Posted by: Diogenes

This has been my 'top-of-mind' since forever at this point.

Posted by: micky at March 15, 2023 01:20 PM (3byMq)

93 WTF is BLM doing with $82 BILLION?
--------

The same thing PP does. Donates it to Democrats.

Posted by: ... at March 15, 2023 01:20 PM (U7hCZ)

94 So where did all the BLM money go? The BLM gal, Cullors, only bought maybe three mansions.

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)

95 The CEO sold tens of millions of his SVB stock days before the crash. This is without question a criminal act of insider trading.

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)

96 @66

>>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)

97 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)

Up Patrisse Cullors' nose?

Posted by: Alberta Oil Peon at March 15, 2023 01:20 PM (tkR6S)

98 78 WTF is BLM doing with $82 BILLION?

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)

99 Dudes, I think we all knew the left would blame these bank issues on Trump and "evil capitalism", but there's even MORE bogeymen!

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)

100 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?
--------------------
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)

101 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
---
Look. The important thing is we taught her a lesson about lying.

Posted by: The FBI at March 15, 2023 01:21 PM (YIVH2)

102 WTF is BLM doing with $82 BILLION?

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)

103 $89B could fund a lot of blacks back to Africa.

Posted by: Pudinhead at March 15, 2023 01:21 PM (jen+i)

104 >>> 90 Posted by: Intrepid Democratic Underground AoS Liaison at March 15, 2023 01:20 PM (cIxcV)

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)

105 We bitch and moan about this, but in the end we'll quietly surrender ourselves to Big Brother.

Posted by: Dr. Pork Chops & Bacons at March 15, 2023 01:22 PM (BdMk6)

106 90 >>> 75
_______________

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)

107 Whitelist? Sounds racist.

Posted by: Wokelist, maybe at March 15, 2023 01:22 PM (La8Fd)

108 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. ...
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)

109 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)
---
$82 billion buys a lot of bricks and Molotov cocktails...

Posted by: "Perfessor" Squirrel at March 15, 2023 01:22 PM (YIVH2)

110 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'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)

111 89 WHITELIST?

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)

112
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)

113 Wow, the DUmmies have moved Elon Musk above Poo Tin on their enemies list??

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)

114 $82 billion buys a lot of bricks and Molotov cocktails...
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)

115 96 @66

>>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)

116 I'm wondering if this "bank run" was designed to force digital currency. Here's why, a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"

Posted by: CN at March 15, 2023 01:23 PM (Zzbjj)

117 108 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. ...
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)

118 @90

>>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)

119 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.
---------------
Yep.

Posted by: Pudinhead at March 15, 2023 01:24 PM (jen+i)

120 23 So Patrisse Cullors and her fellow BLM grifters weren't laughing all the way *to* the bank, they were laughing all the way *from* the bank. . .
Posted by: Bert G

Zing!

Posted by: Taq, Rickrolled by Jesus at March 15, 2023 01:24 PM (iKBwy)

121 The point of government is to make money for those in government and their clients.

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)

122 >>> 116 I'm wondering if this "bank run" was designed to force digital currency. Here's why, a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"
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)

123 It's time to stop Yellen.

Posted by: Just sayin' at March 15, 2023 01:24 PM (TvjOP)

124 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 (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)

125 84 The CEO sold tens of millions of his SVB stock days before the crash. This is without question a criminal act of insider trading.

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)

126 This obsession with the health care of womyn also called abortion on demand damn it! almost reminds me of the end scene of It's A Wonderful Life when the house maid (let's call her Jemima) comes running in to empty her money jar exclaiming:

"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)

127 107 Whitelist? Sounds racist.

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)

128 I'm wondering if this "bank run" was designed to force digital currency. Here's why, a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"
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)

129 Tom Elliott
@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)

130 Shocked shocked etc.

Posted by: Your winnings, Sir at March 15, 2023 01:26 PM (yQpMk)

131 And according to my calculations we will confirm at least some of the truth about SVB sometime in roughly March of 2015. Mark your calendars.

Posted by: ... at March 15, 2023 01:26 PM (U7hCZ)

132 91 Krugman had a column in NYT today saying this is not a Lehmann moment. That makes me believe it's a Lehmann moment even though I think it's only one of of a much larger mess
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)

133 116 I'm wondering if this "bank run" was designed to force digital currency. Here's why, a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"
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)

134 @125

>>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)

135 I work in the Financial Industry. I was at Lehman Brothers for 20 years and left long before 2008.

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)

136 I'm wondering if this "bank run" was designed to force digital currency.

FedCoin *is* coming. Bend over.

Posted by: Ian S. at March 15, 2023 01:27 PM (ZGrMX)

137 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)

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)

138
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)

139 116 I'm wondering if this "bank run" was designed to force digital currency. Here's why, a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"

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)

140 That should have read March of 2025. Whatever autocorrect.

Posted by: ... at March 15, 2023 01:27 PM (U7hCZ)

141 Now that they don't own the House they are letting loose all their Trojan Horses in hopes of overwhelming the proles with too much misinformation.

Posted by: Pudinhead at March 15, 2023 01:28 PM (jen+i)

142 131 And according to my calculations we will confirm at least some of the truth about SVB sometime in roughly March of 2015. Mark your calendars.
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)

143 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)

Everything is ours!

Posted by: Yellen, Garland and da WEF rent boys at March 15, 2023 01:28 PM (Zzbjj)

144 BLM is changing its name to the National Association for the Advancement of Cullored People

Posted by: ... at March 15, 2023 01:29 PM (U7hCZ)

145 When does a finance/economics columnist get fired for being wrong every single time?

Posted by: N. Lurker at March 15, 2023 01:29 PM (eGTCV)

146 In the olden days crooks like that had names that became synonymous with corruption. Boesky, Keating 5, ponzi, that other more recent guy.

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)

147 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 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)

148 And yes with Credit Suisse about to fall, this is a global WEF play

Posted by: CN at March 15, 2023 01:29 PM (Zzbjj)

149 Meanwhile....
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)

150 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

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)

151 @148

>>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)

152 Cup half full: if Gavin thing is true, he just shot his proposed presidential run good bye.

Posted by: Steve_in_SoCal at March 15, 2023 01:31 PM (NW9xb)

153 They would issue a "cashier's check" only after being informed as to "why do you need it?"

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)

154 Turn those machines back on!

Posted by: Archer at March 15, 2023 01:31 PM (gmo/4)

155 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)

Shallow Hal?

Posted by: Aetius451AD Work Laptop at March 15, 2023 01:31 PM (zZu0s)

156 I'm wondering if this "bank run" was designed to force digital currency. Here's why, a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"

--

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)

157 "Serious question. Or is that a dumb question in today's God-President executive branch?
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/)

158 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)
++++
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)

159 I work in the Financial Industry. I was at Lehman Brothers for 20 years and left long before 2008.

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)

160 132 91 Krugman had a column in NYT today saying this is not a Lehmann moment. That makes me believe it's a Lehmann moment even though I think it's only one of of a much larger mess
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)

161 Posted by: ... at March 15, 2023 01:29 PM (U7hCZ)

brilliant

Posted by: kallisto at March 15, 2023 01:31 PM (dCxaZ)

162 Leftist crime pays, and p ays well.
BLM made tens of millions and got pocketed by the millions

Posted by: Skip at March 15, 2023 01:32 PM (VsbXq)

163 147 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 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)

164 A central government power grab over our money?
https://is.gd/DH6SKo

Nah, that's just crazy talk...

Posted by: Helena Handbasket at March 15, 2023 01:32 PM (llON8)

165 a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"

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)

166 I really was hoping to retire early in two years, but alas, looks like that plan is being scotched by the maniacs running the world.

Posted by: Thomas Bender at March 15, 2023 01:32 PM (n/8Ck)

167 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 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)

168 About 6 weeks ago, Biden said he could not lift state of emergency "until everything is in place". Anyone else suspect that there is more fresh, and seemingly unrelated, hell to come?

Posted by: CN at March 15, 2023 01:32 PM (Zzbjj)

169 146 In the olden days crooks like that had names that became synonymous with corruption. Boesky, Keating 5, ponzi, that other more recent guy.

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)

170 149 Meanwhile....
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)

171 I never thought I'd live to see the day that the USA devolved into a corruptocracy a hundred times worse than what my parents fled in Italy.

Posted by: kallisto at March 15, 2023 01:33 PM (dCxaZ)

172 @132 asking when Krugman was ever right reminds me of the meme "how about never, is never good for you?"

Posted by: Smell the Glove at March 15, 2023 01:33 PM (ZPsfc)

173 151 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/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)

174 Sorry, I forgot. The same people/ agencies / government that we just watched kill millions of people in 2020 to accomplish a social and political goal wouldn't have killed 3000 people to accomplish a social and political goal.

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)

175 It was scheduled 30 days in advance so a bit harder for them to make the case. Hardly impossible though.

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)

176

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)

177 I don't think we're going to make it until November 2024.

Posted by: Last Days of the Republic at March 15, 2023 01:34 PM (EWtCc)

178 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)

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)

179 177 I don't think we're going to make it until November 2024.
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)

180 169 Are you thinking of Bernie Madoff?

Posted by: Bulgaroctonus at March 15, 2023 01:35 PM (hTf8I)

181 "... the Biden Admin had a whitelist of companies that were allowed to buy the failed bank & companies that weren’t."
__________

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)

182 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.

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)

183 A central government power grab over our money?
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)

184 177 I don't think we're going to make it until November 2024.
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)

185 We bitch and moan about this, but in the end we'll quietly surrender ourselves to Big Brother.
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)

186 Sure, we are watching the insane corruption and evil assholes feathering their nests at everyone's expense...

but:

https://is.gd/YWVMe9

Posted by: Aetius451AD Work Laptop at March 15, 2023 01:36 PM (zZu0s)

187 MADOFF THATS THE GUY. The Emmanuel Goldstein of his day.

Posted by: Cuthbert the Witless at March 15, 2023 01:36 PM (0Qrr3)

188 mitigating micro-behaviors to promote inclusivity.

*********

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)

189 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


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)

190 162 Leftist crime pays, and p ays well.
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)

191
Out: Single Woke Female.
In: Systemically Woke Fed.

Posted by: ShainS -- The Abolition of The West is from Men Without Chests at March 15, 2023 01:36 PM (Yr1KJ)

192 The worst that the Italian government did to my people was forget they were even there and left them to fend for themselves in every way. Oh, they noticed us when they needed cannon fodder for their wars. But other than that, niente. *makes forward hand sweep under chin motion*

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)

193 Y'know, maybe the stereotypical guy who insists on keeping his money in his mattress has had the right idea all along. Well, until the government bans physical currency, that is.

All I know is, I'm increasing my investment in...brass.

Posted by: Paco at March 15, 2023 01:36 PM (njExo)

194 Jordn Spieth hits like a girl

Posted by: REDACTED at March 15, 2023 01:36 PM (us2H3)

195 152 Cup half full: if Gavin thing is true, he just shot his proposed presidential run good bye.
Posted by: Steve_in_SoCal

I'm sure you're right.

Posted by: Dominion Voting Systems at March 15, 2023 01:36 PM (vFdZx)

196 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.

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)

197 171 I never thought I'd live to see the day that the USA devolved into a corruptocracy a hundred times worse than what my parents fled in Italy.
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)

198 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)
++++
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)

199 Isn't it time for Senile Joe to ball up his fists and shriek incoherently about something?

Posted by: N. Lurker at March 15, 2023 01:36 PM (eGTCV)

200 182 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)

=========

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)

201 178 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)
-------------------
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)

202 @173

>>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)

203 I wonder how my 401(k) is doing?

Posted by: Archer at March 15, 2023 01:36 PM (gmo/4)

204 >>> 174 Sorry, I forgot. The same people/ agencies / government that we just watched kill millions of people in 2020 to accomplish a social and political goal wouldn't have killed 3000 people to accomplish a social and political goal.

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)

205 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 (Xrfse)

206 164 A central government power grab over our money?
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)

207 126 This obsession with the health care of womyn also called abortion on demand damn it! almost reminds me of the end scene of It's A Wonderful Life when the house maid (let's call her Jemima) comes running in to empty her money jar exclaiming:

"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)

208 202 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)

=========

"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)

209 And no soup for you!

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)

210 152 Cup half full: if Gavin thing is true, he just shot his proposed presidential run good bye.
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)

211 From the SVB website "44% of the US venture-backed technology and healthcare companies with IPOs in 2022 are SVB clients."

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)

212 We bitch and moan about this, but in the end we'll quietly surrender ourselves to Big Brother.
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)

213 As usual, our GOP 'leaders' are AWOL.

Posted by: Maj. Healey at March 15, 2023 01:38 PM (DMyTF)

214 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)

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)

215 $82 billion to BLM... good fucking christ. How the hell is that not enough "rEpArAtiOnS" ???

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)

216 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)

John Corzine?

Posted by: Alberta Oil Peon at March 15, 2023 01:38 PM (tkR6S)

217 Nah, can't believe any of this post because expert commenters already assured me this is not a bailout etc.

Posted by: bear with asymmetrical balls - an election is simply a festival for the majority at March 15, 2023 01:38 PM (ppBhU)

218 Oi...

@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)

219 A presidential candidate could make a lot of headway making the promise "my first act as president will be to Nuke the WEF meeting in Davos"

Posted by: Smell the Glove at March 15, 2023 01:39 PM (ZPsfc)

220 "At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available."

------

WTF does this guy think runs the administration behind the scenes?

Posted by: Seems Legit at March 15, 2023 01:39 PM (DcKNO)

221 Gavin Newsome is Mirror Universe Robin Hood

Posted by: Muldoon at March 15, 2023 01:39 PM (ykeLU)

222 165 a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"

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)

223 Speaking of Keating 5, what chance will the malfeasance be labeled bipartisan because yet another McCain (not the good Other one, Stacy) or even a Cheney had some involvement? Even if it was post-mortem?

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)

224 192 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

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)

225 Kalifornia taxpayers should demand that the bailout also cover the reparations to blacks under consideration.

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)

226 Somewhere out there two trillion dollars has disappeared.

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)

227 DEI is an anagram for die. Coincidence? I think not.

Posted by: Blake - semi lurker at large at March 15, 2023 01:39 PM (2YtOq)

228 Carnegie built universities before the Income Tax.

and libraries!

1700 in the USA alone, prior to 1919

Posted by: kallisto at March 15, 2023 01:39 PM (dCxaZ)

229 Y'know, maybe the stereotypical guy who insists on keeping his money in his mattress has had the right idea all along. Well, until the government bans physical currency, that is.

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)

230 Huffing lighter fluid is probably a bad idea.

Posted by: Pudinhead at March 15, 2023 01:39 PM (jen+i)

231 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)

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)

232 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

--

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)

233 It's all academic anyway. Nobody will go to jail over it.

Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:40 PM (PyOKD)

234 a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"
---
"Hookers and blackjack. Now fork it over."

Posted by: "Perfessor" Squirrel at March 15, 2023 01:40 PM (YIVH2)

235 John Corzine?

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)

236 Since legally CALI is a secessionist state why are the American's on the hook for their debts?

Posted by: Pudinhead at March 15, 2023 01:41 PM (jen+i)

237 John Corzine?
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)

238 DEI is an anagram for die. Coincidence? I think not.

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)

239 >>> 183
==
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)

240
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)

241 I'd laugh and laugh if we only repaid the $250,000 FDIC limit.

Posted by: NaCly Dog (u82oZ) at March 15, 2023 01:41 PM (u82oZ)

242 Carnegie built universities before the Income Tax.

--

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)

243 So really, huffing glue is a gateway drug to Gimlets.
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)

244 I cannot tell if we are just suffering from the inevitable spiral of woke negative IQ's (anyone can do the job! and I believe these circus acts thinks so), OR this was another elaborate plan to infuse more money into the hands of the powerful and hit the taxpayers, creating more inflation, hit the middle class, increase the price of food and essentials, and continue to destroy the country from within.

Keep some cash on hand, not in the bank.

Posted by: artisanal ette at March 15, 2023 01:42 PM (uQPen)

245
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)

246 Maybe the problem that hurts us all is the idea of the Income Tax in general.

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)

247 How do the Democrats/Leftist explain going from being stridently antiwar to stridently prowar and from don't trust the man to worship the man?

Posted by: N. Lurker at March 15, 2023 01:42 PM (eGTCV)

248 I'd laugh and laugh if we only repaid the $250,000 FDIC limit.
-

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)

249 a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"

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)

250 247 How do the Democrats/Leftist explain going from being stridently antiwar to stridently prowar and from don't trust the man to worship the man?
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)

251 >>> 244 I cannot tell if we are just suffering from the inevitable spiral of woke negative IQ's (anyone can do the job! and I believe these circus acts thinks so), OR this was another elaborate plan to infuse more money into the hands of the powerful and hit the taxpayers, creating more inflation, hit the middle class, increase the price of food and essentials, and continue to destroy the country from within.

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)

252 231 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)

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)

253 Sure, we are watching the insane corruption and evil assholes feathering their nests at everyone's expense...

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)

254 Keep some cash on hand, not in the bank.

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)

255 241 I'd laugh and laugh if we only repaid the $250,000 FDIC limit.
-------------------
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)

256 I'm a big fan of liquid assets. I keep my cash in my waterbed.

Posted by: Muldoon at March 15, 2023 01:43 PM (ykeLU)

257 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.
=================
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)

258 OR, is this just another distraction from the failures that are so infinite and so huge that they are playing whack-a-mole and LookSquirrel! so that we cannot form a consensus. I'm wondering if this is all the reason for many trans garbage coming out at the same time. Distract us, because we want our children safe, so we will react.

Sick of these monsters.

Posted by: artisanal ette at March 15, 2023 01:44 PM (uQPen)

259 SQ for the horde. I need to take some cash out of saving to do some remodeling. I get a better deal with cash. It's 20K I am taking out. If I give them enough advance notice is there any reason I can't get actual cash?

Posted by: Minnfidel at March 15, 2023 01:44 PM (GwxCX)

260 5
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)

261 202 @173

>>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)

262 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)

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)

263 I'm a big fan of liquid assets. I keep my cash in my waterbed.
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)

264 I was fired Jan '21 for refusing the Vaxx. I was able to float till August as an independent contractor. Then I did DoorDash for a couple months until I got my current miserable job making 60% of my former salary.

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)

265 203 I wonder how my 401(k) is doing?

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)

266 247 How do the Democrats/Leftist explain going from being stridently antiwar to stridently prowar and from don't trust the man to worship the man?
Posted by: N. Lurker at March 15, 2023 01:42 PM (eGTCV)

We love Science Democracy sexually, and Russia is killing our boyfriend!!

Posted by: Schizophrenic Democrat Voters at March 15, 2023 01:45 PM (cIxcV)

267 >>> 262 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)

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)

268 And precious metals: gold, silver, brass and lead.
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)

269 I hope the Clampetts got their money out in time.

Posted by: Bulgaroctonus at March 15, 2023 01:45 PM (hTf8I)

270
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)

271 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.

Limit at my bank is $400 within a 24-hour period.

Posted by: Notorious BFD at March 15, 2023 01:46 PM (Xrfse)

272 257 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)

=========

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)

273 Well that's fantastic a very smart decision young man. We can put that check in a money market mutual fund, then we'll reinvest the earnings into foreign currency accounts with compounding interests, AND IT'S GONE.

Posted by: But I have $100! at March 15, 2023 01:46 PM (La8Fd)

274 I love the fresh smell of Fascism in the morning. It smells like what Joe's smelling when he smell's a young girl's hair. Plump opportunism for the decrepit, morally bankrupt "elites." That's what Joe smells.

Posted by: Erik In Texas at March 15, 2023 01:46 PM (z0DEK)

275 Tom Elliott @tomselliott
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)

276 How do the Democrats/Leftist explain going from being stridently antiwar to stridently prowar and from don't trust the man to worship the man?
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)

277 Posted by: Minnfidel at March 15, 2023 01:44 PM (GwxCX)
--------------------------------
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)

278 wonder how many fentanyl dealers had their cash in SVB cuz you know they did

Posted by: REDACTED at March 15, 2023 01:47 PM (us2H3)

279 Bankster Lives Matter

Posted by: Tex Lovera at March 15, 2023 01:47 PM (wtvvX)

280 Heh
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)

281 I think they call this Looting.

Posted by: FRANK DREBIN at March 15, 2023 01:47 PM (jM1wU)

282 Keep some cash on hand, not in the bank.
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)

283 SVB will cost $189B to bail out which is moar than we've spent on Ukraine. Just so you know.
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)

284 Thought he'd never shut the fuck up.

Posted by: Tommy DeVito at March 15, 2023 01:47 PM (Jg7EG)

285 That bank was a laundering operation for Democrats. There's no way they were going to allow somebody who wasn't on the team to BUY it. Look what happened when somebody bought twitter.

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)

286 227 DEI is an anagram for die. Coincidence? I think not.

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)

287 I'm a big fan of liquid assets. I keep my cash in my waterbed.
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)

288 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)


good luck
very sad this is happening

Posted by: artisanal ette at March 15, 2023 01:48 PM (uQPen)

289 [ia friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"


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)

290 Irrelevant thought but at some point the left will turn on the LGBTQ+++ movement.

Posted by: N. Lurker at March 15, 2023 01:49 PM (eGTCV)

291 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

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)

292 I read somewhere that only 1 Executive had Banking Experience

Posted by: Patrick From Ohio at March 15, 2023 01:49 PM (L5XjV)

293 That's just "The" in German.

"nothing bad ever came from Germany!"

Posted by: Christopher R Taylor at March 15, 2023 01:49 PM (0hOvj)

294 Do some research on local state banks. We're getting 3% on our checking account at our new bank. It's FDIC insured, but NOT a member of the Federal Reserve.

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)

295 And precious metals: gold, silver, brass and lead.
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)

296
It's almost as if stolen elections have tragic consequences.

Posted by: Divide by Zero at March 15, 2023 01:50 PM (enJYY)

297 283 SVB will cost $189B to bail out which is moar than we've spent on Ukraine. Just so you know.
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)

298 292 I read somewhere that only 1 Executive had Banking Experience
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)

299 234 a friend in Tempe went into a local bank to withdraw $500 cash. She was not allowed to. They would issue a "cashier's check" only after being informed as to "why do you need it?"
-------

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)

300 256 I'm a big fan of liquid assets. I keep my cash in my waterbed.

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)

301 It's all 1's and 0's all the way down.

Posted by: Archer at March 15, 2023 01:51 PM (gmo/4)

302 So now we all own Silicon Valley Bank.

-------

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)

303 "Sillicon Valley Bank Paid Out $73 Million to BLM"

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)

304 I'm a big fan of liquid assets. I keep my cash in my waterbed.
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)

305 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)

Laws exist. For suckers.

Posted by: Comrade flounder, Disinformation Demon at March 15, 2023 01:51 PM (PyOKD)

306 300 256 I'm a big fan of liquid assets. I keep my cash in my waterbed.

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)

307 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)
Apply a month in advance pending govt approval

Posted by: CN at March 15, 2023 01:52 PM (Zzbjj)

308 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.

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)

309 OT, but very cool:

Pompeii's House of Vettii.

https://is.gd/ShXu7a

Posted by: Aetius451AD Work Laptop at March 15, 2023 01:52 PM (zZu0s)

310 I'd laugh and laugh if we only repaid the $250,000 FDIC limit.
-------------------
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)

311 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.

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)

312 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)

Exactly which song are we referring to all the time?

Posted by: OneEyedJack at March 15, 2023 01:52 PM (FCbAQ)

313 Maybe the Laginas could get in the business of burying money while searching for Templar gold.

Posted by: N. Lurker at March 15, 2023 01:53 PM (eGTCV)

314 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)
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)

315 152 Cup half full: if Gavin thing is true, he just shot his proposed presidential run good bye.

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/)

316 Listening to Fucker Carlson again? A serial liar and propagandist that would make Goebbels blush,

Posted by: Sid, now with Aviators at March 15, 2023 01:53 PM (PFzEb)

317 At every fork in the road, the Biden Admin always elects for the most extreme, far-left option available
___

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)

318 all my money is tied up in cash

Posted by: Vera Donovan at March 15, 2023 01:54 PM (us2H3)

319 >>> 277 Posted by: Minnfidel at March 15, 2023 01:44 PM (GwxCX)
--------------------------------
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)

320 ATM/ITM withdraw limits are set by individual FIs based upon their risk appetite.


Posted by: Archer at March 15, 2023 01:54 PM (gmo/4)

321 298 292 I read somewhere that only 1 Executive had Banking Experience
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)

322 259 SQ for the horde. I need to take some cash out of saving to do some remodeling. I get a better deal with cash. It's 20K I am taking out. If I give them enough advance notice is there any reason I can't get actual cash?
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)

323 Posted by: Sid, now with Aviators at March 15, 2023 01:53 PM (PFzEb)

========

What's his lie here?

Posted by: TheJamesMadison, watching some more Best Pictures at March 15, 2023 01:54 PM (LvTSG)

324 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

--

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)

325 Our governing group does not have the intelligence or wisdom to handle all that control. I would expect a faster decline, linear or exponential with the governmental control.

Posted by: NaCly Dog (u82oZ) at March 15, 2023 01:54 PM (u82oZ)

326 295 And precious metals: gold, silver, brass and lead.
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)

327 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)

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)

328 What's up with "openly gay" descriptor? Who isn't flaunting for DEI points?

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)

329 Listening to Fucker Carlson again? A serial liar and propagandist that would make Goebbels blush,
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)

330 A serial liar

That video evidence is lying to you!

Sweet fancy Moses, you're a fuckwit.

Posted by: spindrift at March 15, 2023 01:55 PM (h5TKJ)

331

I'm uh, cotton socks

yeah

Posted by: John Fetterman at March 15, 2023 01:55 PM (vwCZJ)

332 Sid's caregivers at the home have allowed him access to the computer I see.

Posted by: N. Lurker at March 15, 2023 01:55 PM (eGTCV)

333 Don't think I've ever seen a turd sporting aviators.

Posted by: Notorious BFD at March 15, 2023 01:55 PM (Xrfse)

334 Great refutation there, Sid! Way to line up those facts which support your position!

Posted by: Blake - semi lurker at large at March 15, 2023 01:55 PM (2YtOq)

335 Sillicon Valley Bank Paid Out $73 Million to BLM and BLM-Associated Causes

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)

336 SVB will cost $189B to bail out which is moar than we've spent on Ukraine. Just so you know.

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)

337 301 It's all 1's and 0's all the way down.

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)

338
Drip,drip,drip....Flash flood.

Posted by: portlandon at March 15, 2023 01:56 PM (+oR7L)

339 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)

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)

340
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)

341 112
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/)

342 This was before these crashes. Beware. They do not have a lot of cash on hand.

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)

343 Martha Stewart got prosecuted for like $50k (yes, thousand) in insider sales.
==
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)

344 Listening to Fucker Carlson again? A serial liar and propagandist that would make Goebbels blush,
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)

345 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

LOL. Not a bad idea. And I get a free sombrero!

Posted by: Minnfidel at March 15, 2023 01:57 PM (GwxCX)

346 Wow. DOW is down almost 500. That means tomorrow it will be up 1000 as we move on from this crisis.

Posted by: Cat Ass Trophy at March 15, 2023 01:57 PM (+68Ze)

347 312 Uh oh…

Posted by: Bulgaroctonus at March 15, 2023 01:57 PM (hTf8I)

348 Tell them you are going to wire the money to relatives in Mexico.

--

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)

349 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)
-----

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)

350


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)

351 Does Sid know Goebbels was a propagandist for the government?

Posted by: N. Lurker at March 15, 2023 01:58 PM (eGTCV)

352 https://is.gd/ShXu7a
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)

353 351 Does Sid know Goebbels was a propagandist for the government?
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)

354 Let's be honest, Sid and Paul would dry hump Goebbels to within an inch of his life.

Posted by: Aetius451AD Work Laptop at March 15, 2023 01:59 PM (zZu0s)

355 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.
_______________

Whitelist? Uh oh ...

Posted by: Deplorable Jay Guevara at March 15, 2023 01:59 PM (r4PDB)

356 So how long did SVB wear the skinsuit for before mysteriously "failing"? I wonder.

Posted by: ... at March 15, 2023 01:59 PM (U7hCZ)

357 SVB will cost $189B to bail out which is moar than we've spent on Ukraine. Just so you know.
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/)

358 Lots of people don't know it, but a 12th century black woman created those frescoes at Pompeii.

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)

359 Haven't finished it yet, but yes, very cool.
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)

360 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)

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)

361 Exactly which song are we referring to all the time?

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)

362 If it's true there were buyers available for SVB, and the administration said, "Nyet," then there is stuff on SVB's books the administration doesn't want coming out.
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)

363 353 351 Does Sid know Goebbels was a propagandist for the government?
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)

364 That Mulvaney dude was back on Drew Barrymore's show today and was teaching Drew how to parallel park.

Posted by: Roy at March 15, 2023 02:00 PM (rqgpJ)

365 Huh. So now aviators are gay.

Posted by: Joe's diaper at March 15, 2023 02:01 PM (v0R5T)

366 How come no one has called for an audit of BLM?

Posted by: nurse ratched at March 15, 2023 02:01 PM (U2p+3)

367 358 Lots of people don't know it, but a 12th century black woman created those frescoes at Pompeii.
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)

368 364 Any serious injuries?

Posted by: Apply gp Directly To Forehead at March 15, 2023 02:02 PM (MvF+J)

369 ATM/ITM withdraw limits are set by individual FIs based upon their risk appetite.

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)

370 Ryan Reynolds on track to be a billionaire.

Posted by: Cat Ass Trophy at March 15, 2023 02:02 PM (+68Ze)

371 >>> 366 How come no one has called for an audit of BLM?
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)

372 368 364 Any serious injuries?
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)

373 >>>> 366 How come no one has called for an audit of BLM?
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)

374 Irrelevant thought but at some point the left will turn on the LGBTQ+++ movement.
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)

375 Not yet, so far. She's still working on it.
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)

376 That Mulvaney dude was back on Drew Barrymore's show today and was teaching Drew how to parallel park.
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)

377 How many SVB executives have been fired?

Posted by: Seems Legit at March 15, 2023 02:05 PM (DcKNO)

378 How come no one has called for an audit of BLM?

--

hahahaha

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)

379 @370

>>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)

380
(PFzEb)



Who's the gimp?

Posted by: IllTemperedCur at March 15, 2023 02:06 PM (n+4am)

381 That Mulvaney dude was back on Drew Barrymore's show today and was teaching Drew how to suck cock.
Posted by: Roy at March 15, 2023 02:00 PM

FIFY

Posted by: Minnfidel at March 15, 2023 02:06 PM (GwxCX)

382 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)

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)

383 The "Tucker is a propagandist" stuff carries with it the implication that the newsmen who are not Tucker Carlson are *not* propagandists.

That amuses me.

Posted by: Joe Mannix (Not a cop!) at March 15, 2023 02:06 PM (t0OGg)

384 318 all my money is tied up in cash
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)

385 Irrelevant thought but at some point the left will turn on the LGBTQ+++ movement.
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)

386 366 How come no one has called for an audit of BLM?
______

Too busy tracking down Trump's taxes.

Posted by: Adirondack Patriot at March 15, 2023 02:07 PM (lf83v)

387 How’s Drew looking these days?

Posted by: Bulgaroctonus at March 15, 2023 02:07 PM (hTf8I)

388 Irrelevant thought but at some point the left will turn on the LGBTQ+++ movement.
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)

389 I'd laugh and laugh if we only repaid the $250,000 FDIC limit.
-------------------
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)

390 Ryan Reynolds on track to be a billionaire.

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)

391 Nood.

Posted by: Aetius451AD Work Laptop at March 15, 2023 02:08 PM (zZu0s)

392 387 How’s Drew looking these days?
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)

393 That Mulvaney dude was back on Drew Barrymore's show today and was teaching Drew how to suck cock.
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)

394 Altman at 3:00 of his vid:
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+)

395 381 That Mulvaney dude was back on Drew Barrymore's show today and was teaching Drew how to suck cock.
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)

396 Lots of people don't know it, but a 12th century black woman created those frescoes at Pompeii.
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)

397 Once normals have been crushed LGBTQ++ will not be useful to the left.

Posted by: N. Lurker at March 15, 2023 02:10 PM (eGTCV)

398 That bank was a laundering operation for Democrats. There's no way they were going to allow somebody who wasn't on the team to BUY it. Look what happened when somebody bought twitter.

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)

399 Every day, General Pinochet and his fleet of helicopters look more and more rational.

Posted by: An Observation sez China Joe not my president at March 15, 2023 02:12 PM (CecP5)

400 "I'd laugh and laugh if we only repaid the $250,000 FDIC limit. "


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/)

401 How many #twoweeks are they going to employ before we get ALL the tapes from J6? Over to you bigK.

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)

402 Huh. Citi has donated 1.1 billion to social justice causes. I think I know why someone I know has become, let us say, a difficult person to deal with and is now accusatory and extremely judgmental regarding my current level of faith as well as my life-long pursuit of it.
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)

403 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)

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)

404 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.
==
Minimal shots fired.

Posted by: we had a plan and we executed that plan at March 15, 2023 02:16 PM (CjAEU)

405 Remember the age when you didn't get to run a bank or a corporation until you were over 50 as by that time you knew what you were doing. Now huge businesses are handed over to those barely 30 who think these are their personal toys. How can we not be heading for a crash and a depression?

Posted by: President Select Decaf at March 15, 2023 02:17 PM (3JfbU)

406 Remember the age when you didn't get to run a bank or a corporation until you were over 50 as by that time you knew what you were doing. Now huge businesses are handed over to those barely 30 who think these are their personal toys. How can we not be heading for a crash and a depression?
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)

407 Compare and contrast:

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)

408 Why don't black folks go to BLM for reparations? They have the money.

Posted by: TKO Steve at March 15, 2023 03:02 PM (QYuAC)

409 What vitrification vat did these execs swim in? They look like Indiana Jones special effects.

Posted by: Corona at March 15, 2023 04:14 PM (nakGR)

410 The Silly Cone Valley Bank now who else did they do buisness with?

Posted by: Tamaa the Drongo Bird at March 15, 2023 04:45 PM (wGqjj)

411 As a wise person said, wokeness is only affordable in a Trump economy.

Posted by: El Kapoli at March 15, 2023 05:11 PM (l1UWN)

412 It's worse than that though. Essentially the taxpayer is being forced to bail out Democrat donors who are going to donate some of the money right back to the Democrats.
Call it cronyism, call it clientelism, it's corrupt.

Posted by: stv at March 15, 2023 06:28 PM (/dqoc)

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