Politics And Current Events
Politics And Current Events
So why would a bank pay money to buy billions of dollars of liabilities?
Politics And Current Events
Oh. They paid $1.21 lol. Hahahah
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Politics And Current Events
It's not like svb has ZERO assets to go along with those liabilitiesSo why would a bank pay money to buy billions of dollars of liabilities?
Politics And Current Events
I missed that part. Just the UK arm of it.Well, the FDIC doesn't do anything here cause it's a UK subsidiary. And HSBC now owns those assets and liabilities.So HSBC protects the deposits or the FDIC does?
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Politics And Current Events
Clients and loan income?So why would a bank pay money to buy billions of dollars of liabilities?
We also don't know if the SVB UK thing was in the same bad shape as the parent. Banks spend money to get deposits and customers, so probably quite a deal for HSBC
Politics And Current Events
A UK bank, how reassuring.
Politics And Current Events
What a mess.
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Politics And Current Events
PNC is hellbent on growing. Their DD resulting in an "thanks but no thanks" to a heavily discounted book of business definitely concerns me.
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Politics And Current Events
And on that note...
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Politics And Current Events
The shad effect....
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lol, these losers just keep running for every available office.
Politics And Current Events
That's fine. Let them get bounced by reasonable people.
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Politics And Current Events
Pretty sure Casey stomps all those losers
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Can we not jinx things here?
Politics And Current Events
Explain to me what is going on like I'm 5 years old.
Politics And Current Events
So you can conduct business over Zoom. Huh.
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That was actually a good video.
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Politics And Current Events
lolololol. He is my Rep. He lives like 1/3 mile from meExplain to me what is going on like I'm 5 years old.
Politics And Current Events
Yeah. Had no idea this wasn't being taxpayer funded.
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Politics And Current Events
He has a really nice TikTok. It was cool hearing him explain the process of him becoming a representative, especially office selections.
Politics And Current Events
I do disagree that this isn't a bailout for the bank executives. Knowing that they can **** up as hard as they want and get to hit the reset button is a bailout, if not in the direct financial sense.
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Dude seems to deserve better than having to represent you.lolololol. He is my Rep. He lives like 1/3 mile from meExplain to me what is going on like I'm 5 years old.
Politics And Current Events
I see that dude's videos a few times before. Always good.
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