ThatsGoodSports
@BrandonPerna
Aaron Rodgers announced his decision during the hour we lost last night
https://twitter.com/BrandonPerna/status/1634966240010833920
BAC the biggie in that pool.
Yep.
Traders Community
@TradersCom
That is what astounded us - a bank that size having no fixed interest desk or management. In a world where every man and his dog knew rates were going up - this borders on criminal negligence at $SIVB 👇
Jack Farley @JackFarley96
SVB in a nutshell:
They lost more than a billion dollars every time interest rates went up 25 basis points
+
interest rates went up 450 bps last year
+
they had no interest rate hedges
+
deposit outflows as VC funding slowed down
+
attempt to raise equity triggered a bank run
https://twitter.com/TradersCom/status/1634562738759319557
Federal regs don't apply to a California chartered bank, but nice try.::
Pauly@spz_trader @spz_trader
2m
So, dont be asking "where were the regulators?"
@realDonaldTrump rolled back safety enhancements for rail transportation & then regional banks. Two train wrecks.
Pauly@spz_trader @spz_trader
Trump signs the biggest rollback of bank rules since the financial crisis
"..Some Republicans…argue the legislation did not go far enough to roll back regulations on banks.
cnbc.com/2018/05/24/tru…
https://twitter.com/spz_trader/status/1634968905927065601
That's some proper use of Royal Stuart, right there.
More like "Orchestrating a change of ownership" in the oil industry…
"What happened in 1926-28 that led up to the Crash of 1929?" is the more important question.
How soon everyone fergits…
Armand Domalewski
people are getting very confused about this whole Silicon Valley Bank / FDIC issue, so here's a thread:
https://threadreaderapp.com/thread/1634335394350374912.html
Sucking up to Uncle Larry will do that to a publicly traded institution.