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Thread: Bank Failure Friday

  1. #41
    Great Value Carrots
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    Re: Bank Failure Friday

    Hi all,

    for some reason, I can't pull up the site from home. so right now I'm at the library.

    Ares tried to help me remotely, said I need VPN, so I did that with protonfree vpn, but it still did not work.
    So, I have to have a guy come out and fix it, but I have lots going on and just haven't had time to schedule.

    Anyway, I miss chatting here. Hope all is well. Looks like the satanic bankers are moving forward with their plot. Though I have seen a number of states make moves toward gold/silver, so maybe that will help.

    Hopefully, I'll be back on here soon.

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  3. #42
    Unobtanium osoab's Avatar
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    Re: Bank Failure Friday

    Does your computer not like us or have pissed the feds off?

    Hope to see you back soon.
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

  4. #43
    Unobtanium osoab's Avatar
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    Re: Bank Failure Friday

    Bank Failure Monday. Took a while for this one to go thud. JPM FTW!

    First Republic Bank San Francisco CA 59017 JP Morgan Chase Bank, N.A. May 1, 2023 10543
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

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  6. #44
    Bitcoin Miner Ares's Avatar
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    Re: Bank Failure Friday

    Quote Originally Posted by osoab View Post
    Bank Failure Monday. Took a while for this one to go thud. JPM FTW!

    First Republic Bank San Francisco CA 59017 JP Morgan Chase Bank, N.A. May 1, 2023 10543
    Isn't it nice of the FDIC to take it over, blow its wad to insure depositors, share holders get killed and JPMC gets to pick over the carcass for anything valuable.

    Heads I win, tails you lose.
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

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  8. #45
    Unobtanium osoab's Avatar
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    Re: Bank Failure Friday

    Quote Originally Posted by Ares View Post
    Isn't it nice of the FDIC to take it over, blow its wad to insure depositors, share holders get killed and JPMC gets to pick over the carcass for anything valuable.

    Heads I win, tails you lose.
    Who gets dibs on Pac NW? Seeing a couple of other big regional being discussed as future fodder. Would seem too much for JPM to get this one. Goldman?
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

  9. #46
    Dangerous Donald Neuro's Avatar
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    Re: Bank Failure Friday

    Quote Originally Posted by Ares View Post
    Isn't it nice of the FDIC to take it over, blow its wad to insure depositors, share holders get killed and JPMC gets to pick over the carcass for anything valuable.

    Heads I win, tails you lose.
    I think what it will boil down to this time is if THEY try to save the banks the USD will enter a deathspiral of rapid devaluation. If they don’t try to save the banks the financial system will collapse and economy will deathspiral, USD would be very strong though. No matter what they decide to do you get fucked though…
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

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  11. #47
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    Re: Bank Failure Friday

    Quote Originally Posted by osoab View Post
    Who gets dibs on Pac NW? Seeing a couple of other big regional being discussed as future fodder. Would seem too much for JPM to get this one. Goldman?
    First Horizon has dropped 50% so far this morning.

    Who collapses first? PacNW or First Horizon?


    https://www.zerohedge.com/markets/fi...eal-terminated
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

  12. #48
    Unobtanium osoab's Avatar
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    Re: Bank Failure Friday

    From Monday. I think this should have been a much bigger headline.

    3 Failed Banks This Year Were Bigger Than 25 That Crumbled in 2008

    From Denninger this morning.

    Oh Countrywide, Is That Your Ghost?
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

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  14. #49
    Bitcoin Miner Ares's Avatar
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    Re: Bank Failure Friday

    UBS is now a contender. Their stock is currently tanking.

    https://finance.yahoo.com/quote/UBS
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

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  16. #50
    Unobtanium osoab's Avatar
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    Re: Bank Failure Friday

    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

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