Are you serious... how about no, and keep sex etc out of schools...

I love whuores.

Exactly! Two prime examples of real people!

Serenity NOW

Source on that? Of all the circumstances leading up to their demise, first I’ve heard of what you’re claiming here. Mostly it was they got greedy on long term bonds when rates were zero or near zero, didn’t keep the correct proportion of shorter term bonds, then the fed stopped QE and went QT, putting their bond portfolio underwater when it didn’t have to be. Had they sought more shorter term bonds that would have given them lower returns but at least the liquidity to handle the bank run, they wouldn’t have had to eat shit selling “held to maturity” bonds at a massive realized loss. Where did you read that mbs had anything to do with their shite portfolio and risk management?

Uhhhhhhh no.

That’s not cautious. They could have held shorter term bonds, but they wanted more $$$$$ so they got longer term

yes, hence the "somehow". I've seen too many bank bailouts in my life to beleive the banks will cover it.

Triple distilled house water.

Well according to reddit, the solution was to just have better risk management. Talking to a bank. A bank of all places lol

Regardless the ppl who's opinions actually matter know what happened. So really what matters is how they go about dealing with it.

Except that’s not how this bail out is working. But keep on spreading misinformation. That’s what Reddit’s good for.

No one on Reddit saw this coming. Most people on Reddit don’t even understand what happened. And the WHY is extremely important. It lets us learn and prepare for next time.

> It's down to who they're going to hold responsible and how.

Somehow I'm sure the public will be the ones writing the bailout checks.

Negligence is still criminal

Thoughts & Prayers

There are cancer-giving chemicals in the water too

Cocaine cat comedown: chilling in Cincinnati

Boogie1488 approves

I always use swear words to get me some paper.

I say we split Florida off and let it float away like in Rudolph. Although that enormous glob of seaweed that's making it's easy to the coast may just do God's work for us.

Blow Cat : purr me up some sugar

honestly at this point the WHY doesn't even fking matter, because according to everyone on reddit, they all fking saw it coming a mile away?

It's down to who they're going to hold responsible and how.

cocaine cat: a cocaine bear story

It’s Reddit. “Bank bad” is all they know. Heaven forbid anyone put any effort into actually understanding what is happening in the world. Knee jerk reactions win the day around here.

OP is implying that SVB went under because they were doing something illicit.

Sadly, the real reason - some bad investment decisions, poor communication, and a whole lot of bad luck - is a lot more boring.

Thanks for posting that. This website turned into Facebook