robosmith Posted March 14 Report Share Posted March 14 27 minutes ago, Nationalist said: But being a dim bulb will always mean blissful ignorance. Thanks for your admitting the reason for YOUR IGNORANCE. "Engineered" LMAO Quote Link to comment Share on other sites More sharing options...
Nationalist Posted March 14 Report Share Posted March 14 Just now, robosmith said: Thanks for your admitting the reason for YOUR IGNORANCE. "Engineered" LMAO Thanks for not turning on your bulb today...or yesterday...or the day before that... 1 Quote Link to comment Share on other sites More sharing options...
robosmith Posted March 14 Report Share Posted March 14 6 minutes ago, West said: They are leftist/woke because they invest with things that are woke in nature, ie skin color or woke programs, not because the companies themselves are a good investment There was NOT a run on SVB because of their investments in start up companies. They invested their depositors' money in Federal Reserve Notes. NOTHING "woke" about that. Quote Link to comment Share on other sites More sharing options...
West Posted March 14 Author Report Share Posted March 14 5 minutes ago, robosmith said: There was NOT a run on SVB because of their investments in start up companies. They invested their depositors' money in Federal Reserve Notes. NOTHING "woke" about that. Nonsense.. you are taking your talking points from Liz Warren. The same Liz that faked being native to get into law school. Sad 1 1 Quote Link to comment Share on other sites More sharing options...
robosmith Posted March 14 Report Share Posted March 14 1 hour ago, West said: No my cite is about how you LIED about Trump's "deregulation" being the cause IF the Dodd-Frank bill was NOT weakened in 2018, the stress testing mandated by it would have applied to SVB. Frank is confused and is just making EXCUSES for HIS ROLE in weakening the law, by trying to claim that no one could have anticipated the crypto crisis. Signature was the crypto bank, NOT SVB. Frank's excuse is BULLSHIT. Quote Link to comment Share on other sites More sharing options...
West Posted March 14 Author Report Share Posted March 14 Just now, robosmith said: IF the Dodd-Frank bill was NOT weakened in 2018, the stress testing mandated by it would have applied to SVB. Frank is confused and is just making EXCUSES for HIS ROLE in weakening the law, by trying to claim that no one could have anticipated the crypto crisis. Signature was the crypto bank, NOT SVB. Frank's excuse is BULLSHIT. Nah you are just buying into Warren's woke politics Quote Link to comment Share on other sites More sharing options...
robosmith Posted March 14 Report Share Posted March 14 4 minutes ago, West said: Nonsense.. you are taking your talking points from Liz Warren. The same Liz that faked being native to get into law school. Sad Nope, I am basing my POINTS on the article I POSTED from CNBC.com And you have POSTED NOTHING which disproves their FACTS. Quote Link to comment Share on other sites More sharing options...
robosmith Posted March 14 Report Share Posted March 14 (edited) 2 minutes ago, West said: Nah you are just buying into Warren's woke politics You don't even know what "woke politics" applies here. That's why you FAIL to answer repeated questions about that. YOU HAVE NO EVIDENCE that any "woke" investments were made by SVB let alone that they were bad. Edited March 14 by robosmith Quote Link to comment Share on other sites More sharing options...
Rebound Posted March 14 Report Share Posted March 14 20 minutes ago, West said: They are leftist/woke because they invest with things that are woke in nature, ie skin color or woke programs, not because the companies themselves are a good investment Do you just make up this stupid nonsense or do you visit stupid nonsense websites? Ok, which skin color woke business did they invest in? Quote Link to comment Share on other sites More sharing options...
West Posted March 14 Author Report Share Posted March 14 6 minutes ago, robosmith said: Nope, I am basing my POINTS on the article I POSTED from CNBC.com And you have POSTED NOTHING which disproves their FACTS. Yes I have.. I have posted the consultant's view that the regulation had absolutely NOTHING to do with it.. And all you are doing is posting the talking points of someone who LIED about their heritage for professional gain Quote Link to comment Share on other sites More sharing options...
BeaverFever Posted March 14 Report Share Posted March 14 (edited) 44 minutes ago, West said: They are leftist/woke because they invest with things that are woke in nature, ie skin color or woke programs, not because the companies themselves are a good investment “Invest in things with skin colour?”LMAO Your gibberish still makes you sound like a toddler Got an example of any of these supposed “woke investments” that went bad? No? Shocker Edited March 14 by BeaverFever 1 Quote Link to comment Share on other sites More sharing options...
BeaverFever Posted March 14 Report Share Posted March 14 24 minutes ago, Rebound said: Do you just make up this stupid nonsense or do you visit stupid nonsense websites? 2 Quote Link to comment Share on other sites More sharing options...
robosmith Posted March 14 Report Share Posted March 14 19 minutes ago, West said: Yes I have.. I have posted the consultant's view that the regulation had absolutely NOTHING to do with it.. And all you are doing is posting the talking points of someone who LIED about their heritage for professional gain Warren DOES NOT write for CNBC. DUH. Quote Link to comment Share on other sites More sharing options...
BeaverFever Posted March 14 Report Share Posted March 14 2 hours ago, West said: You don't know what they are You’re the one claiming they crashed the bank and you can’t even explain what it is you just repeat tour cult leaders message like a simpleton Quote Link to comment Share on other sites More sharing options...
West Posted March 14 Author Report Share Posted March 14 24 minutes ago, robosmith said: Warren DOES NOT write for CNBC. DUH. Warren feeds them the lies. Just like her native heritage Quote Link to comment Share on other sites More sharing options...
Rebound Posted March 14 Report Share Posted March 14 54 minutes ago, West said: Warren feeds them the lies. Just like her native heritage Example? Quote Link to comment Share on other sites More sharing options...
Dougie93 Posted March 14 Report Share Posted March 14 On 3/12/2023 at 8:58 PM, West said: First it was the Silicon Bank now there are concerns with some of the others as the US races to legislate the banks. My guess is next round of bank implosion is the digital ID. You know they have to have full control because it's your fault if by "woke scores" you mean ESG then I think an argument can be made that the ESG was the risky bets which brought the banks down but the mechanism was not the short bets the mechanism is that these banks thought they were safe to go short on ESG junk because they were long on Treasuries & Mortgage backed securites the bonds & mortgages were the backstop, the guaranteed returns to underpin shorting in other markets but because Biden overstimulated the economy by dumping ten trillion dollars unto the street this caused an inflation crisis which forced the central bank to raise interest rates 500 basis points in one year then that wrecked the returns on the long Treasuries & Mortgage backed securities and when the banks lost that flow of income, suddenly they were in trouble Quote Link to comment Share on other sites More sharing options...
Aristides Posted March 14 Report Share Posted March 14 The bank got stuck with having to sell off low interest treasury's at a big loss to cover withdrawals. The culprit was the stupid low interest rates not inflation. 5% rates should be the norm. 1 Quote Link to comment Share on other sites More sharing options...
Dougie93 Posted March 14 Report Share Posted March 14 8 hours ago, Nationalist said: Job Biden is a failure. this is everywhere tho, this is global governments, central banks, investment banks, and commercial banks are doing the same things all over the world so when the contagion really breaks out, this is going to be a worldwide banking crisis can't time the market tho, can't say exactly when the contagion will break containment but we are definitely seeing the tip of the iceberg right now every bank is under increasing pressure from the inflation crisis at the same time Quote Link to comment Share on other sites More sharing options...
West Posted March 14 Author Report Share Posted March 14 53 minutes ago, Rebound said: Example? Her native heritage is one lie and the lie that Trump is responsible is the second lie... two examples Quote Link to comment Share on other sites More sharing options...
West Posted March 14 Author Report Share Posted March 14 34 minutes ago, Dougie93 said: if by "woke scores" you mean ESG then I think an argument can be made that the ESG was the risky bets which brought the banks down but the mechanism was not the short bets the mechanism is that these banks thought they were safe to go short on ESG junk because they were long on Treasuries & Mortgage backed securites the bonds & mortgages were the backstop, the guaranteed returns to underpin shorting in other markets but because Biden overstimulated the economy by dumping ten trillion dollars unto the street this caused an inflation crisis which forced the central bank to raise interest rates 500 basis points in one year then that wrecked the returns on the long Treasuries & Mortgage backed securities and when the banks lost that flow of income, suddenly they were in trouble Thank you Quote Link to comment Share on other sites More sharing options...
Nationalist Posted March 14 Report Share Posted March 14 37 minutes ago, Dougie93 said: this is everywhere tho, this is global governments, central banks, investment banks, and commercial banks are doing the same things all over the world so when the contagion really breaks out, this is going to be a worldwide banking crisis can't time the market tho, can't say exactly when the contagion will break containment but we are definitely seeing the tip of the iceberg right now every bank is under increasing pressure from the inflation crisis at the same time True. I have to wonder how history will report on this time? Nothing happening today produces good results. Not a darn thing. Quote Link to comment Share on other sites More sharing options...
Dougie93 Posted March 14 Report Share Posted March 14 27 minutes ago, West said: Thank you ducimus Quote Link to comment Share on other sites More sharing options...
Dougie93 Posted March 14 Report Share Posted March 14 3 minutes ago, Nationalist said: True. I have to wonder how history will report on this time? Roaring Twenties 2.0 Quote Link to comment Share on other sites More sharing options...
ironstone Posted March 14 Report Share Posted March 14 8 hours ago, Rebound said: Can you explain to us why the SVB bank failed? SVB hired woke board obsessed with diversity, invested $5BN for 'healthier planet' | Daily Mail Online Silicon Valley Bank pushed 'woke' programs ahead of collapse (nypost.com) A head of risk management at Silicon Valley Bank spent considerable time spearheading multiple “woke” LGBTQ+ programs, including a “safe space” for coming-out stories, as the firm raced toward collapse. Jay Ersapah, the boss of financial risk management at SVB’s UK branch, launched initiatives such as the company’s first month-long Pride campaign and a new blog emphasizing mental health awareness for LGBTQ+ youth. It seems like they were too busy concentrating on woke initiatives and remained oblivious to the financial part of running a bank. 1 Quote Link to comment Share on other sites More sharing options...
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