Omfg 😂

The entire organization has no shame.

for long.

Someone help me shut the Bullshit Detector off, please.

Welp, at least they didn’t blame violent videos games! /s

Agatha Christie said that murderers, being unable to brag about their cleverness will often insert themselves into the investigation so they can see the detectives marveling at their brilliance.

Guy said something that wasn't illegal, cop files that away despite it not being illegal, and then uses the fact that the guy was standing somewhere not committing a crime but being near where other guys had previously committed crimes, and decides to run his warrant check because, uh......

No telling how much time and resources this cop has wasted on running checks on factually and legally innocent people he has personally taking a dislike to.

It's how the old saying goes. Take a man on a flight and he flys for a day. Take a man on a 737 max and he flys for the rest of his life.

RIP Jason David Frank

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"You got to admit, my client's car is pretty awesome, right?"

"It doesn't matter how good your client's car looked, it still ran me over."

They're woke except when working from home, then they're asleep.

Whatever suits the narrative.

Some of those planes climbed and dove several times before crashing. I can’t imagine the terror.

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So it’s been a while since school but I seem to remember it would not have. Treasuries are always considered risk free for capital calculation purposes. When rates go up 5 points in 9 months it’s anything but risk free. The thinking is that even if you have a duration mismatch, it will converge at some point, since the treasury will get paid back at some point, and that’s true until you have a bank run.

SVB wasn't invested in crypto. None of the banks that failed were invested in crypto. They were mostly heavily invested in US Treasury bonds, which in normal circumstances are one of the safest investments in the world.

Copium. Should have bought bitcoin. Fuck wait, which sarcasm thread am I in again?

EFF YOU SEE KAY EYE EHN GHE LOL

Can't take any responsibility can they?

So I guess remote workers forced them to make risky investments.

Well, do you hear them complaining?

Capitalist compassion

OK, let's have the CEO and board members die in a plane crash. They won't suffer.

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Except that stress testing and liquidity coverage ratios exist to prevent banks from gambling on rates the way SVB did.

No chance it was this guys fault: The executive team at SVB was spread out around the country, with CEO Greg Becker at times working from Hawaii,