Recent comments in /f/wallstreetbets

slick2hold t1_jec0k11 wrote

Reply to comment by sf_warriors in $FRC - Puzzle Pieces by PussyBreath007

FRC is also a spin off of BofA. If anything, if FRC was as conservative as bofa is then the longs have a great deal of excitement. As OP noted 30b is sitting with these guys from other banks. The 30b is free money sitting there wo any guarantees of getting it all back. The big banks will make sure it doesn't go under. Mind you, the risk is not the same as equity holders and shouldn't be equated in any manner. If FRC goes under the banks will get most of the 30b back...equity holders will get back zero.

2

patriots317 t1_jebzyeo wrote

Yeah and what were they for some companies during Covid? Some companies got killed. You need to do what you can to survive. They can only raise prices and make such a high profit or they will be undercut by a competitor or buyers will move on or we go into a real recession and profit margins reset because people can’t afford as much and companies will take what they can get.

−1

diefreetimedie t1_jebxj7l wrote

I have, that wasn't the lie, the lie is that this is to contain "inflation" that came about due to government spending actually helping working people. And they'd have you believe inflation has nothing to do with the record profits being recorded in just about every major industry.

3