American Banks implode after making unwise investments based on woke scores

[robosmith]

15 hours ago, reason10 said:

As usual, you're full of shit. Fox gave the WHOLE TRUTH, something you goose steppers know nothing about.

BIDEN's inflation is the reason for that bank's downfall.

INFLATION is/was WORLDWIDE. And you're so stupid you blame ALL OF IT on Biden. LMAO

[robosmith]

2 minutes ago, Nationalist said:

At least I have something robo-bot.

I guessin' one can see clear through your head.

Like your predictions, your "guessin" is just DRIVEL. 

[Nationalist]

1 minute ago, robosmith said:

Like your predictions, your "guessin" is just DRIVEL. 

Then why do you bother?

[reason10]

23 minutes ago, robosmith said:

But it has a LOT to do with the deregulation signed by Trump.

Dodd-Frank mandated stress tests for banks like SVB, which would have REVEALED the FACT that they had invested short term deposits in LONG TERM government BONDS. That is IF they had not been REPEALED for SVB sized banks.

And Becker spent a fortune to lobby for those stress test requirement's repeal for HIS BANK.

Just like with train safety, Republicans' OBSESSION with deregulation for SHORT TERM gains, ends up biting those involved (US) in the ass.

You have a third grade education. Dodd Frank helped cause the financial crisis Bush inherited.

Deregulation led to the greatest economy in history, made possible by LEGALLY ELECTED PRESIDENT TRUMP.

Biden's INFLATION is the reason why SVB's assets climbed to over 200 BILLION. (Those  HUGE deficits were from Biden's STIMULUS checks he sent to everyone, mostly the rich.) That caused INFLATION.

SVB invested that extra cash in long term bonds, which are very sensitive to interest rates. The FED had to raise rates to slow down the inflation BIDEN CAUSED. Those long term bonds became worthless.

This is ALL BIDEN'S FAULT, not Trump.

Trump left UNELECTED JOE an expanding economy. And look like UNELECTED JOE FUKKKED IT UP.

[reason10]

29 minutes ago, Nationalist said:

Then why do you bother?

Roboshit doesn't have a life otherwise. He has the brains of an oyster.

His whole life is THE VIEW.

That's DANGEROUS stupid.

[Nationalist]

2 minutes ago, reason10 said:

Roboshit doesn't have a life otherwise. He has the brains of an oyster.

His whole life is THE VIEW.

That's DANGEROUS stupid.

LOL...Note To Self...

Put hot tea down before reading posts.

Friggin' hilarious. Thanks. I needed a good giggle.

[West]

7 hours ago, Rebound said:

You have yet to list one single “woke” investment that SVB made. Which leads me to assume that you’re just making all this up; ie, you’re completely full of shlt.

 

Can you name one single woke company than SVB invested in? That’s your claim, isn’t it?

They are a woke investment firm. That's what they do...

[Rebound]

57 minutes ago, West said:

They are a woke investment firm. That's what they do...

No, dummy, they are a bank. 
 

Look… you read this from some right wing fake news site, and you believe it’s true… but that doesn’t make it true. 
1) What is the name of one single “woke” company they invested in?

2) What is one single “woke” policy this bank had that is any different from any other bank in the US?

3) What is the name of a “woke” company that’s gone insolvent because of its “wokeness” and dragged down this bank? 
 

Let me help you out: You can’t answer any of these questions, so you’ll deflect and start talking about hunter’s laptop or Benghazi.  

Edited March 15, 2023 by Rebound

[BeaverFever]

58 minutes ago, West said:

They are a woke investment firm. That's what they do...

“DURRRP theys a-tried to do somethin  funny with the skin kolors!!! Tucker done told me so!””

[West]

56 minutes ago, Rebound said:

No, dummy, they are a bank. 
 

Look… you read this from some right wing fake news site, and you believe it’s true… but that doesn’t make it true. 
1) What is the name of one single “woke” company they invested in?

2) What is one single “woke” policy this bank had that is any different from any other bank in the US?

3) What is the name of a “woke” company that’s gone insolvent because of its “wokeness” and dragged down this bank? 
 

Let me help you out: You can’t answer any of these questions, so you’ll deflect and start talking about hunter’s laptop or Benghazi.  

You choose to remain an ignoramus. 

[Dougie93]

On 3/14/2023 at 8:01 PM, Nationalist said:

Roid-rage. Oh goodie.

Credit Suisse is in trouble now

stock is down 76% YTD, -24% in one day

the Saudi National Bank owns 10% of Credit Suisse

Credit Suisse went to the Saudi's for a bailout

the Saudis refused

Edited March 16, 2023 by Dougie93

[Rebound]

1 hour ago, West said:

You choose to remain an ignoramus. 

If I am ignorant, then why don’t you answer the questions and educate me? After all, isn’t ignorance a condition which is cured through learning? 

Edited March 16, 2023 by Rebound

[Rebound]

22 minutes ago, Dougie93 said:

Credit Suisse is in trouble now

stock is down 76%

the Swiss central banks says they will bail them out

Good time to invest

[Dougie93]

1 minute ago, Rebound said:

Good time to invest

indeed

in gold, oil, and defense contractors

[Nationalist]

32 minutes ago, Dougie93 said:

Credit Suisse is in trouble now

stock is down 76% YTD, -24% in one day

the Saudi National Bank owns 10% of Credit Suisse

Credit Suisse went to the Saudi's for a bailout

the Saudis refused

Oh oh...

Well...this is shaping up to be a banner year.

"Way t' go Joe."

[Dougie93]

11 minutes ago, Nationalist said:

Oh oh...

Well...this is shaping up to be a banner year.

"Way t' go Joe."

don't lock in your variable rate mortgage

since they raised interest rates to just 4.5%

and that is causing a global banking crisis

so they won't be raising rates now, they are going to pivot back to easing

 

[Nationalist]

21 minutes ago, Dougie93 said:

don't lock in your variable rate mortgage

since they raised interest rates to just 4.5%

and that is causing a global banking crisis

so they won't be raising rates now, they are going to pivot back to easing

 

They might. It would be good for me if they did. I wonder if the economy can stand it?

[Dougie93]

9 minutes ago, Nationalist said:

 I wonder if the economy can stand it?

it's an entirely debt based economy

so if they limit the money supply now

that would incite a massive deflation

as in a depression

so I would bet that they ain't gonna do that

[West]

2 hours ago, Rebound said:

If I am ignorant, then why don’t you answer the questions and educate me? After all, isn’t ignorance a condition which is cured through learning? 

You've been educated several times. This is a woke bank

[robosmith]

11 hours ago, Nationalist said:

Then why do you bother?

I  keep hoping you'll stop your TROLLING and actually address my POINTS.

But making you look FOOLISH when all you post is your DRIVEL is a close 2nd place prize.

[robosmith]

8 hours ago, West said:

They are a woke investment firm. That's what they do...

YOU KEEP LYING LIKE ^THIS because you have NO EVIDENCE for your case.

[robosmith]

6 hours ago, West said:

You choose to remain an ignoramus. 

YOU could enlighten US IF you had SOME EVIDENCE. But you DON'T.

[robosmith]

3 hours ago, West said:

You've been educated several times. This is a woke bank

^Simple claims from YOU is NOT "educated."

[Rebound]

8 hours ago, Dougie93 said:

indeed

in gold, oil, and defense contractors

Guess what? Shares in Credit Susie soared this morning after it was announced they received an infusion of $54 billion.  Guess you aren’t such a sharp investor as you thought. 

[Rebound]

6 hours ago, West said:

You've been educated several times. This is a woke bank

This is exactly why Republicans terrify me. I know that several members of Congress have claimed this, too.  
What you are saying is pure stupid. Your team decides that “woke” is the root of all evil, and therefore, any bad thing that happens must be caused by “woke.”   And that is the entirety of your thinking process.  Facts are irrelevant. 
 

Let me learn you about diversity in Silicon Valley: It is extreme, and it’s been extreme forever.  Intel was formed by immigrants. Most Silicon Valley companies are over 50% immigrants, all the way up to the executive suite.  The CEOs of both Google and Microsoft are Indian. CEO of AMD is an Asian woman. CEO of Apple? White, male… and gay. Diversity is pervasive in Silicon Valley.  The bank doesn’t need to be “woke,” because straight white men are the minority.