Posted on 03/12/2023 7:25:20 AM PDT by DoodleBob
SVB collapsed to due poor asset-liability management. Banks run a zillion liquidity scenarios. They clearly didn't run the balance sheet using a severely adverse scenario. This isn't the end of the world as Dem drama queen hedge fund guys are fearporning.
America does corporate finance and deals better than any nation on the planet.
Yup and most banks the assets are largely fdic insured. Not so for SVB
He could incorporate it into Twitter and expose all the bank's contributions to Biden and all its officers' stock sales just before the collapse.
Well....let’s be clear. SVB’s depositors are insured by the FDIC up to $250k. But I read that most of the dollar deposit quantum is above that cap. That’s not SVB’s fault.
FWIW...
https://thehill.com/homenews/ap/ap-business/yellen-says-no-federal-bailout-for-silicon-valley-bank/
Find A Buyer = disguised bailout of rich investors who assumed the wrong risks. Nothing capitalist about that.
I agree. The FDIC, after the FED and OCC contacted it with the data, immediately started calling stronger banks to sell the assets.
The investors will be out much or all of their money, and it’s possible deposit accounts over $250,000 could be hit, but another bank will buy everything at a discount.
It happened quite a lot around 2008.
I suggest Billionaire hedge fund manager Bill Ackman buy it. He is the one demanding a bailout. Okay Billy, use YOUR MONEY, you greedy entitled prick. It’s about time YOU get some skin in the game. STOP STEALING MY TAX MONEY! Hell, drag Billy Gates and “Penis Rocket” Bezos along with you. You three pricks have enough money. PUT UP OR SHUT UP!!;
If they find another bank to buy it, the SVB investors will still be screwed, which is fitting.
Sell it to one of these big mouthed left wing, capitalism hating billionaire turd rollers. I’m pretty sure BLM would like to buy it.
Taxpayers.
I really wouldn’t mind a bit seeing the Woke Techsters take it right in the shorts.
I expect CCP may want to do this.
Based on this and other articles it seems like some dem VIPs got caught in SVB and now want a bailout.
What will LIKELY happen, using 2008 as a blueprint, is stockholders get wiped out, subordinated debt holders get a haircut, depositors are made whole, other creditors will see puts and takes, and the govt likely sweetens the deal.
Well kind of is but my point is other banks have less of a bank run concern since most depositors are fully covered
No, shareholders are wiped here and bond holders may be fully wiped, even with a buyer
If the Feds are involved, all investors should run for the hills.
There was an excellent S&L called “Community Federal Savings and Loan” in Missouri that the feds came to and asked to acquire a failing bank during the S&L crisis of the ‘eighties.
A couple of years later the Feds came back and shut them down for it.
They aren’t stealing our tax money. They just print all they want regardless of income.
Of course, that causes inflation, so we all pay in the end. Higher taxes AND inflation.
We are so screwed by this century-long ship of fools.
Yeah, especially those idiot shareholders that Jim Cramer roped in last month.
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