>>18482991

fuck jane fonda

>>18483058

i saw an alien the other day wearing a maga hat

wasn't one of those knockoff aliens from mexico either

>>18483185

click that shit

then forward it

>>18483239

many of the account holders were startup tech companies who kept their money at svb because that was where they borrowed it

if you are a private person with $500,000 it would be irresponsible to keep it in one bank account or one bank

if you are a company with $10 million or $50 million cash you would soon lose track of it if you spread $250,000 accounts over 50 or 100 banks

think how much rolling cash goes through every day in a company like ford or tesla

>>18483340

>>18483374

companies cannot do business with a $250,000 cap on their accounts

for instance a new john deere x9 1100 combine costs a million dollars- without a header

so if you want to buy 2 you are just going to tell the implement dealer

"no problem- i will get 8 or 10 checks for $250,000 each in the mail to you"

then what will the dealer do? deposit the 10 $250,000 checks in seperate accounts?

>>18483495

you are the one not thinking anything through

companies cannot run with accounts that small

and many companies have way over the fdic limit even when they spread accounts

rytm- rhythm pharmaceuticals announced it has deposit accounts with svb with an aggregate balance of $3.4 million, which is approximately 1.1% of the companies cash and cash equivalents

cohu has accounts of $12.3 million which is 3.8% of its cash

you do not understand numbers ,business or banking

etsy has suspended payments to sellers because of "recent developments at svb bank"

hoping to get up and depositing by monday or "soon"

talking heads say they should have plenty of money available at other banks

stock price is staying firm so they think investors are not worried