SVB Bailout Straw Poll

[Monad Portal]

Should the government bail out Silicon Valley Bank?

 

[Hawkeye10]

Should the government bail out Silicon Valley Bank?

IDK, but I suspect that they will, and that it wont matter......this son of a bitch is going down.....HARD.

 

[Monad Portal]

IDK, but I suspect that they will, and that it wont matter......this son of a bitch is going down.....HARD.

it's just you, negative nelly.

your doom and gloom epitomizes tedium.

 

[Monad Portal]

IDK, but I suspect that they will, and that it wont matter......this son of a bitch is going down.....HARD.

should they though?

this is your issue, you're a depressive wanker with so sense of agency.

i guess that's from being old and weak and dependant on past fascist systems.

pleave vote.

 

[ExpressLane]

Elon has said he is open to buying SVB

 

[Monad Portal]

Elon has said he is open to buying SVB

for real?

 

[ExpressLane]

for real?

For real. And I heard a financial guy on Fox that SVB would be a good buy for someone. They have assets but because they had high risk long term investment they were forced to sell bonds at a loss to cover a run on the bank. Or something like that.

 

[Lionfish]

 

[christiefan915]

Elon has said he is open to buying SVB

Another thing for him to screw up.

 

[ExpressLane]

Another thing for him to screw up.

Yeah because he isn't making money with SpaceX and Tesla. Musk has more money in his couch cushions than you do in savings.

 

[Hawkeye10]

'We will not bail out the bank, but we are looking into how to bail out the depositors" we are told....basically semantec games.

 

[Hawkeye10]

https://twitter.com/x/status/1634894338265153542

There’s something very ugly happening right now: VCs & startup execs who stand to lose their deposits at SVB are going *out of their way* to push a narrative that there’ll be a bank run on Monday if SVB depositors aren’t bailed out by the government. They’re yelling fire in the proverbial theater, hoping that everyone runs and knocks down a candle on their way out - actually starting a fire that may not otherwise have existed. They’re skipping the fact that SVB’s situation is unique: a staggering *89%* of its deposits were uninsured (way higher than normal banks). And they didn’t hedge interest rate risk which is a cardinal sin given the portfolio they held. Their real “hedge” was to spend $$ to become popular in the right influential circles of their own depositors, pledging $5 billion in 2022 to “sustainable finance and carbon neutral operations to support a healthier planet.” Maybe that hedge will pay off for their depositors if the government bails them out, but that should rightly trigger an “Occupy Silicon Valley” of historic proportions.

 

[PostmodernProphet]

Should the government bail out Silicon Valley Bank?

please add a "fuck, no!" option.....

 

[Hawkeye10]

It is Monday 6 am in Tokyo....I expect a bank rescue plan to be reported in the next few hours.

 

[Hawkeye10]

Whatever happens now does not change the fact that the experts either did not understand what was going on, or they failed to prevent disaster.

The death of the West continues apace.

 

[Hawkeye10]

 

[Dutch Uncle]

Whatever happens now does not change the fact that the experts either did not understand what was going on, or they failed to prevent disaster.

The death of the West continues apace.

Look at who walks away with the most money out of this to determine who is the most guilty of fucking over Americans.

 

[Jarod]

For real. And I heard a financial guy on Fox that SVB would be a good buy for someone. They have assets but because they had high risk long term investment they were forced to sell bonds at a loss to cover a run on the bank. Or something like that.

I’d love to see that!

 

[Monad Portal]

'We will not bail out the bank, but we are looking into how to bail out the depositors" we are told....basically semantec games.

yes. word games, like fascists always do.

 

[Monad Portal]

https://twitter.com/x/status/1634894338265153542

There’s something very ugly happening right now: VCs & startup execs who stand to lose their deposits at SVB are going *out of their way* to push a narrative that there’ll be a bank run on Monday if SVB depositors aren’t bailed out by the government. They’re yelling fire in the proverbial theater, hoping that everyone runs and knocks down a candle on their way out - actually starting a fire that may not otherwise have existed. They’re skipping the fact that SVB’s situation is unique: a staggering *89%* of its deposits were uninsured (way higher than normal banks). And they didn’t hedge interest rate risk which is a cardinal sin given the portfolio they held. Their real “hedge” was to spend $$ to become popular in the right influential circles of their own depositors, pledging $5 billion in 2022 to “sustainable finance and carbon neutral operations to support a healthier planet.” Maybe that hedge will pay off for their depositors if the government bails them out, but that should rightly trigger an “Occupy Silicon Valley” of historic proportions.

so bankers dont want to get bailed out, its pesky social media doing it. i see.