Project 1999

Go Back   Project 1999 > General Community > Off Topic

Closed Thread
 
Thread Tools Display Modes
  #41931  
Old 03-11-2023, 08:04 PM
Elizondo Elizondo is offline
Planar Protector

Elizondo's Avatar

Join Date: Jan 2020
Posts: 2,727
Default

Bug Eating Groomers tryin to blame Maga King again for their failures

Laughably pathetic
  #41932  
Old 03-11-2023, 08:09 PM
Patriam1066 Patriam1066 is offline
Planar Protector

Patriam1066's Avatar

Join Date: Jul 2014
Posts: 5,329
Default

Quote:
Originally Posted by Trexller [You must be logged in to view images. Log in or Register.]
I remember being a kid in line at the bank with dad, reading the FDIC sign and thinking to myself, 250k? Thats like nothing, wtf do they actually do? It's such a joke, invest your money or keep it under your mattress

[You must be logged in to view images. Log in or Register.]
In theory, this means those banks have more liquidity and should be less likely to collapse. But yes, especially in the era of social media, bank runs could be induced by panic or a foreign actor

And again, I don’t understand finance. If you were greedy or irresponsible I’d just give you the death penalty and let the next banker know they’d face the same
__________________
God Bless Texas
Free Iran
  #41933  
Old 03-11-2023, 08:11 PM
Trexller Trexller is offline
Banned


Join Date: Dec 2012
Posts: 5,365
Default

Quote:
Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]
If you were greedy or irresponsible I’d just give you the death penalty and let the next banker know they’d face the same
Kaveh for Emperor of Earth

this guy understands benevolent fascism, flip over those tables and fuck up those usurers.

Jesus knew what's up.
Last edited by Trexller; 03-11-2023 at 08:13 PM..
  #41934  
Old 03-11-2023, 08:22 PM
aussenseiter aussenseiter is offline
Banned


Join Date: Dec 2022
Posts: 2,749
Default

Quote:
Originally Posted by Trexller [You must be logged in to view images. Log in or Register.]
So, treasury bonds it is then?
I read on the bird website they were investing in T-bills for cashflow while paying a much higher (yield?) rate to their depositor accunts.

Whatever that means.
  #41935  
Old 03-11-2023, 08:27 PM
Patriam1066 Patriam1066 is offline
Planar Protector

Patriam1066's Avatar

Join Date: Jul 2014
Posts: 5,329
Default

They did half of their balance sheet or some stupid BS like that in treasuries when yields were low and prices were high

Yields went high, prices went down, they had unrealized losses and weren’t as liquid as they should’ve been. They tried to sell some stock, induced a panic and here we are

Stupidity and greed through and through
__________________
God Bless Texas
Free Iran
  #41936  
Old 03-11-2023, 08:29 PM
Basanos Basanos is offline
Banned


Join Date: Sep 2022
Posts: 1,378
Default

Quote:
Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]
And again, I don’t understand finance. If you were greedy or irresponsible I’d just give you the death penalty and let the next banker know they’d face the same
I don't think we should stop with bankers
  #41937  
Old 03-11-2023, 08:29 PM
Patriam1066 Patriam1066 is offline
Planar Protector

Patriam1066's Avatar

Join Date: Jul 2014
Posts: 5,329
Default

Don’t bail these guys out. We’re not going to help East Palestine, Ohio. We shouldn’t help a bank or some dickheads in Silicon Valley
__________________
God Bless Texas
Free Iran
  #41938  
Old 03-11-2023, 08:31 PM
Patriam1066 Patriam1066 is offline
Planar Protector

Patriam1066's Avatar

Join Date: Jul 2014
Posts: 5,329
Default

Quote:
Originally Posted by Basanos [You must be logged in to view images. Log in or Register.]
I don't think we should stop with bankers
This seems to mostly be a bankers and airline executive problem. I don’t think the entirety of the economic system is this irresponsible simply to maximize profits
__________________
God Bless Texas
Free Iran
  #41939  
Old 03-11-2023, 08:35 PM
aussenseiter aussenseiter is offline
Banned


Join Date: Dec 2022
Posts: 2,749
Default

Quote:
Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]
Don’t bail these guys out. We’re not going to help East Palestine, Ohio. We shouldn’t help a bank or some dickheads in Silicon Valley
The Holy Market has poured out her wrath upon the techbros.

Who are we to question it?
  #41940  
Old 03-11-2023, 08:38 PM
Patriam1066 Patriam1066 is offline
Planar Protector

Patriam1066's Avatar

Join Date: Jul 2014
Posts: 5,329
Default

Amen brother, and SVB lobbied to have Dodd-Frank regulations raised to portfolios > $250 billion
Fuck em, greed on display
__________________
God Bless Texas
Free Iran
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 08:14 PM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.