I'm shocked, shocked to find that gambling is going on in here.

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Topic - Bank failures - I'm one of the rats jumping off a (possibly) sinking ship - Chris from Lafayette 16:54:47 03/13/23 (83)

Some fear about global banking crisis? - geoffkait 02:56:19 03/16/23 (0)

Wow, the stock market is taking it up the wazoo today. That can't be good. Nt - geoffkait 13:15:51 03/15/23 (0)

Does anyone really pay attention?... - dark_dave56 01:37:45 03/15/23 (0)

There will always be bank failures. - Barry 13:36:29 03/14/23 (1)

Here are the best 2 articles to read if interested - Barry 15:42:34 03/14/23 (0)

The Fed will prevent a cascade of failures - Feanor 11:26:21 03/14/23 (5)

And tax payers will pay for the bail out... - Rod M 13:11:17 03/14/23 (4)

Like 'Foreign Aid', the thought gets people's knees a jerking... - Ivan303 16:34:37 03/14/23 (2)

Any idea what the discount cost is for those Treasuries? - Rod M 09:49:34 03/15/23 (1)

Well... - Ivan303 11:05:49 03/15/23 (0)

RE: And tax payers will pay for the bail out... - regmac 13:20:09 03/14/23 (0)

Anyone looking for a good readable explanation of this event, I suggest Krugman's piece. - free.ranger 08:11:14 03/14/23 (8)

Anyone looking for a good readable explanation of the role of SVB - Uncle Mike 18:41:58 03/14/23 (0)

RE: Wrong, Wrong, Wrong! - B. Scarpia 13:31:08 03/14/23 (0)

You don't need a Krugman to know which way the wind blows... - regmac 12:16:23 03/14/23 (5)

Perfect... even the executive muckety-mucks might understand that... - musetap 14:36:05 03/14/23 (0)

Thanks Reg - free.ranger 14:25:04 03/14/23 (1)

RE: Thanks Reg - regmac 14:54:37 03/14/23 (0)

Very good - Uncle Mike 13:36:18 03/14/23 (0)

nice, concise explanation, thanks /nt - Story 12:30:20 03/14/23 (0)

RE: somehow, the Weather Channel comes to mind - Oldbean2 08:01:57 03/14/23 (0)

I wonder if some of the proposed federal banking regulations... - MWE 07:27:03 03/14/23 (19)

When a bank fails in part because it's holding 'bad paper'... - Ivan303 08:59:45 03/14/23 (0)

Hey... - ghost of olddude55 07:48:38 03/14/23 (17)

Even Barny Frank... - Ivan303 08:42:46 03/14/23 (11)

And bank CEOs who get paid with stock... - ghost of olddude55 09:01:34 03/14/23 (10)

When 'taking risks with depositors' money'... - Ivan303 09:16:15 03/14/23 (9)

RE: glad I'm not on my small Credit Union board any more - Oldbean2 11:54:38 03/14/23 (0)

RE: When 'taking risks with depositors' money'... - Sibelius 09:50:21 03/14/23 (4)

Yes they were... - Ivan303 13:28:35 03/14/23 (2)

RE: Yes they were... - Sibelius 13:50:24 03/14/23 (1)

Some agreement on the 'No Libertarians in a Bank Run' part.... - Ivan303 16:47:58 03/14/23 (0)

RE: Damn - tweaker456 11:17:02 03/14/23 (0)

Don't worry, they'll be bailed out... - Rod M 09:41:25 03/14/23 (1)

All true... - Ivan303 13:27:03 03/14/23 (0)

RE: When 'taking risks with depositors' money'... - Sondek 09:30:13 03/14/23 (0)

Granted, all quite so. But MUCH more should have been done and... - MWE 08:08:41 03/14/23 (2)

Once SCOTUS ruled... - ghost of olddude55 08:14:58 03/14/23 (1)

RE: If Mark Cuban hadn't had... - dean_martin 09:12:12 03/14/23 (0)

I'm shocked, shocked to find that gambling is going on in here. - Sondek 03/14/2308:05:49 03/14/23 (1)

Looking at American history.... - ghost of olddude55 08:06:59 03/14/23 (0)

I had a very small scare back in 2018... - Jim Pearce 05:56:26 03/14/23 (0)

Bank failures shouldn't be such a big deal post 2018's experience... - musetap 23:32:52 03/13/23 (2)

Ooooops!!!! Meant 2008!!!... - musetap 13:25:17 03/14/23 (0)

What? Learn lessons? Surely you jest! [nt] - Chris from Lafayette 00:52:17 03/14/23 (0)

RE: Bank failures - I'm one of the rats jumping off a (possibly) sinking ship - pictureguy 21:28:12 03/13/23 (1)

Technically speaking - Steve O 05:09:19 03/14/23 (0)

RE: Bank failures - I'm one of the rats jumping off a (possibly) sinking ship - tweaker456 20:10:54 03/13/23 (4)

That the ship is sinking? That CFL bailed? That CFL is a rodent of some sort? (nt) - Steve O 20:16:05 03/13/23 (3)

If only the two of you would believe me about other things! [nt] ;-) - Chris from Lafayette 00:53:29 03/14/23 (2)

I believe you - Steve O 05:13:11 03/14/23 (1)

LOL - Hey, I'll take what I can get! ;-) - Chris from Lafayette 11:41:19 03/14/23 (0)

I read that only bad thing SVB did was investing in Treasuries - Wojciech 19:44:38 03/13/23 (24)

RE: I read that only bad thing SVB did was investing in Treasuries - Steve O 20:07:07 03/13/23 (23)

The Fed caused the problem, then failed see the problem it caused. - ghost of olddude55 05:58:08 03/14/23 (22)

You really think that the Fed's to blame? Not bad decisions by those founding/running these banks? nt. - MWE 07:34:30 03/14/23 (7)

Raising interest rates for no good reason. - ghost of olddude55 07:45:03 03/14/23 (6)

RE: Raising interest rates for no good reason. - MWE 07:54:46 03/14/23 (5)

Like using a hammer to install a pane of glass. - ghost of olddude55 08:04:27 03/14/23 (4)

RE: Like using a hammer to install a pane of glass. - Sondek 08:29:07 03/14/23 (3)

And Voelcker? - ghost of olddude55 08:39:33 03/14/23 (2)

V o l c k e r . Mangling names is a form of disrespect! n/t - vacuous 09:36:32 03/14/23 (0)

RE: And Voelcker? - Sondek 08:42:33 03/14/23 (0)

But he used the $$$ to buy options.... - Ivan303 06:41:06 03/14/23 (3)

Had no idea his bank was in trouble, eh? - ghost of olddude55 06:44:52 03/14/23 (2)

In January? - Ivan303 08:15:35 03/14/23 (1)

RE: very well stated nt - Oldbean2 08:57:05 03/14/23 (0)

I'm going to disagree with you a bit - Story 06:33:59 03/14/23 (9)

The Fed is reacting to old think. - ghost of olddude55 06:38:33 03/14/23 (8)

the SC movement - Story 06:59:47 03/14/23 (7)

You want a recession? - ghost of olddude55 07:37:07 03/14/23 (6)

+1. nt. - MWE 08:14:02 03/14/23 (0)

The RECKONING - Inflation or Contagion. Both are bad so try to enjoy it while you still can /nt - Story 07:56:13 03/14/23 (4)

Been hearing that all my life. - ghost of olddude55 08:06:17 03/14/23 (3)

oh, it's going to happen - when it does shall I remind you of what's been said? - Story 08:09:12 03/14/23 (2)

Feel free with the "I told you so." - ghost of olddude55 08:11:01 03/14/23 (1)

I'd like to think so, but most likely not - good luck - Story 08:26:19 03/14/23 (0)

worried=pull money=no worry...-.nt - elblanco 19:04:30 03/13/23 (1)

I pulled some money - not all of it - I'm less worried ;-) - Chris from Lafayette 01:11:21 03/14/23 (0)

Crazy, I just got an email from our Credit Union.... - Rod M 17:44:36 03/13/23 (3)

If a financial aid institution "feels" compelled to send out something like that - Steve O 18:29:34 03/13/23 (0)

RE: Crazy, I just got an email from our Credit Union.... - tomservo 18:09:52 03/13/23 (1)

lol!...-.nt - elblanco 19:15:57 03/13/23 (0)

Follow Ups

I'm shocked, shocked to find that gambling is going on in here. - Sondek 03/14/2308:05:49 03/14/23 (1)

Looking at American history.... - ghost of olddude55 08:06:59 03/14/23 (0)

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