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Old 03-13-2023, 02:30 PM   #76
ReplayRandall
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Zerohedge and other financial sources are reporting interbank liquidity is now totally frozen...
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Old 03-13-2023, 02:36 PM   #77
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Credit Suisse Securities about to Fall by March 24th

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Old 03-13-2023, 04:48 PM   #78
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Barney Frank....the guy who said before the 2008 financial crisis that Freddie & Fannie were totally fine and the GWB administration shouldn't do a thing about it because that would hurt affordable housing for poor folk?

That Barney Frank?
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Financial genius Barney Fife, er Frank received more than $1 million over 3 years for sitting on the board of Signature Bank.
To be fair, Barney Frank also said today that the banks should not be bailed out.

Personally, I never had any use for Barney but I truly respected his bull-dog partisanship and take no prisoners approach to government. The GOP needs more of his type than the Pence, Ryan, etc., milquetoast conservatives I'm expected to support.
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Old 03-14-2023, 08:36 AM   #79
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SIGNATURE BANK in NY is now CLOSED...another bank bites the dust

LET'S GO...ahhh...fuck it...

https://www.cnbc.com/2023/03/12/regu...emic-risk.html

LOL

All these banks being bailed out...yet the poor folks in East Palestine sitting in homes worth $0 can still GO FUCK THEMSELVES

So sayeth the great BRANDON
So yeah...turns out ol' Sig Bank was the THIRD LARGEST bank failure in US history.

So we've had the 2nd & 3rd largest bank failures in history thanks to JOE BIDEN failing to reinstall the DODD-FRANK thingy and RENOMINATING ol' Jerry Powell to the FED.

THANKS JOE BIDEN.

You genius you.

Good thing the ADULTS ARE BACK IN CHARGE after that last administration.
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Old 03-14-2023, 08:40 AM   #80
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Of course I was just kidding in my last post about Dodd-Frank...

Hell, one of the authors of Dobbs-Frank himself, the esteemed Mr. Barney Frank said this about Trump's actions:

Quote:
Notably, Barney Frank, co-author of the Dodd-Frank Act, told Bloomberg on Sunday that if his original bill wasn't passed, "we'd be seeing a lot more damage these days," but he doesn't necessarily blame Trump's rollbacks for SVB's fallout.

"I don't think that had any effect," Frank said. "I don't think there was any laxity on the part of regulators in regulating the banks in that category, from $50 billion to $250 billion."
https://www.businessinsider.com/sili...ollback-2023-3
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Old 03-14-2023, 10:12 AM   #81
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it is AMAZING that when shit hits the fan, the Biden administration never admits they f#cked up but blame TRUMP and most of the media parrot that crap.
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Old 03-14-2023, 10:33 AM   #82
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I moved all my money to Xpressber.

Far more secure outfit.
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Old 03-14-2023, 12:00 PM   #83
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Old 03-14-2023, 12:59 PM   #84
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Runaway inflation. Trump
High gas prices Trump.
China spy balloon. Trump.
Train derailment. Trump.
Banks failing. Trump.

This is what you get when your poyus needs a butt-wiper.

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Old 03-14-2023, 01:25 PM   #85
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And here come the lawsuits...

Shareholder Lawsuit Accuses Silicon Valley Bank Executives of Fraud

https://www.theepochtimes.com/shareh...T0duT18CZWY%3D

"Fraud" you say? Oh what fun lies ahead...
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Old 03-14-2023, 02:30 PM   #86
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it is AMAZING that when shit hits the fan, the Biden administration never admits they f#cked up but blame TRUMP and most of the media parrot that crap.
Biden conveniently and deceptively omitted that the "rollback" of federal regulations was, at the time, a BIPARTISAN decision.
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Old 03-14-2023, 02:47 PM   #87
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It's not fair to Dementia Joe. He can't remember what drug cocktail he was given for breakfast so he can somewhat function. I keep hearing about his accomplishments. What about all the fuck ups?
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Old 03-14-2023, 04:18 PM   #88
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It's not fair to Dementia Joe. He can't remember what drug cocktail he was given for breakfast so he can somewhat function. I keep hearing about his accomplishments. What about all the fuck ups?

I would also say, what accomplishments? As for his memory he has now forgot what year he graduated High School. I posted in another thread where he told a story of being a High School senior in the 50's. He graduated in 1961, what the hell. Who forgets when they graduated High School?
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Old 03-14-2023, 04:31 PM   #89
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If true, that's completely messed up.


-jp
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Old 03-14-2023, 04:59 PM   #90
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Elizabeth Warren says the millions in bonuses Silicon Valley Bank executives took home last year should be recovered by regulators: 'We should claw all that back'



I figure that deserves bold print as I agree with Elizabeth Warren. I don't understand how executives pay themselves large bonuses for failure. They had to know long ago they were sinking the ship.
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