Yeah, I think this guy is in the wrong sub if he wants full on intellectual conversation

Seems like a regular banking job. Does fox business think they were looking for someone to help with conducting financial crimes?

Two different organizational issues. Complying with anti-money laundering laws are completely separate from the investment side of the business, which is where SVB failed. You can comply in one segment and be negligent in another. As far as I have read, SVB hasnt yet been accused of disregarding laws related to AML compliance.

Jokes are sometimes a way of discussing important topics. Sometimes by pointing out the absurdity of the situation or simply providing an opening from which discussion can proceed. Given that the Onion does that very thing, you shouldn't expect there to not be jokes in this sub. If you think a joke is lame, feel free to suggest how it could be made more respectful/funnier/whatever. Either you will improve the quality or you will piss off the teller by being a bossy know it all. Either one seems like it would be a win from your perspective.

Does it really count as oniony if the people who wrote the headline are trying to actually mislead people?

A banks compliance staff is going to be big

And regulations were clearly being followed to the tee here at SVB.

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The greedy landlords are leveraging immigration to increase their wealth. Immigration has made the landlords $3.7 trillion richer in the past 10 years. https://www.newamericaneconomy.org/housingmap/

I am not sure what can be done.

It's r/nottheonion; what else did you expect?

And it's a volunteer position.

So I see a bunch of asshats who would rather makes jokes than actually discuss the (important!) topic. Cool

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shh, brother, we are not in that future yet. Our role is only to observe.

Gotta watch out for that dihydrogen monoxide.

That isn't what risk means. "You aren't getting the biggest returns possible on this money" isn't financial risk.

Catnip is a gateway drug

That would be considered a risk. Unless you're really old, then you are just leaving money sitting on the table. And I'm not sure this was the only thing that happened with this bank.

Treasury bonds are quite literally considered to be one of, if not the, absolute safest investments in existence. It's literally guaranteed returns... If somebody put every penny that they had in treasury bonds 99% of financial advisors would tell them they are being too risk averse.

I guess that depends on how much money you have invested.

Time for funny depression moment. Store ya money in local small banks if ya don't want it gone

I definitely wouldn't call treasury bonds a risky investment

being a committee MEMBER, he's not "in charge" of anything but part of a group. This does bring into sharp contrast the effectiveness of said groups across the country. it's a bureaucratic bullshit that doesn't actually accomplish anything.

I'm 31 and can't afford a house.