Keep an eye on this Silicon Valley Bank Financial thing

83,061 Views | 900 Replies | Last: 1 day ago by Heineken-Ashi
will25u
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:34p, 3/10/23
Bad news for crypto.



Reply Quote
10
Post removed:
by user
3:37p, 3/10/23
Stat Monitor Repairman
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to [removed post] • 3:39p, 3/10/23
Reply Quote
1
will25u
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
3:43p, 3/10/23
https://fred.stlouisfed.org/series/RRPONTSYD

Reverse Repo still at all time highs $2.188T last night. Doesn't this correlate to banks still having a ton of cash?
Reply Quote
Post removed:
by user
In reply to will25u • 3:44p, 3/10/23
Three Twenties and A Ten
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Stat Monitor Repairman • 3:50p, 3/10/23
AG
Stat Monitor Repairman said:
Waiting for the screams next Wednesday when startups don't make mid-month payroll.
My payroll processor uses SVB and my employee payroll was today. No one got their direct deposits over night. I run a relatively small payroll and thank God most of my employees seem to have other incomes, so they're not solely dependent on their paychecks from me. Can't imagine the millions of employees who woke up to no paychecks today and have no idea if/when they will receive them! There was zero warning from our payroll processor...I think they were caught in the dark as much as we were.

The whole thing (accompanied on the same day by the Wells Fargo 'direct deposit debacle' today) is an absolute cluster!
Reply Quote
13
aggielostinETX
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Three Twenties and A Ten • 4:05p, 3/10/23
AG
Three Twenties and A Ten said:
Stat Monitor Repairman said:
Waiting for the screams next Wednesday when startups don't make mid-month payroll.
My payroll processor uses SVB and my employee payroll was today. No one got their direct deposits over night. I run a relatively small payroll and thank God most of my employees seem to have other incomes, so they're not solely dependent on their paychecks from me. Can't imagine the millions of employees who woke up to no paychecks today and have no idea if/when they will receive them! There was zero warning from our payroll processor...I think they were caught in the dark as much as we were.

The whole thing (accompanied on the same day by the Wells Fargo 'direct deposit debacle' today) is an absolute cluster!


That sux. I wonder if that's why the fed stepped in.
Reply Quote
3
1 edit
MAROON
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:06p, 3/10/23
AG


We need a George Bailey on days like today
What do you boys want for breakfast BBQ ?.....OK Chili.
Reply Quote
7
will25u
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:16p, 3/10/23
Reply Quote
Stat Monitor Repairman
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:17p, 3/10/23
Reply Quote
1
Three Twenties and A Ten
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to aggielostinETX • 4:18p, 3/10/23
AG
aggielostinETX said:
Three Twenties and A Ten said:
Stat Monitor Repairman said:
Waiting for the screams next Wednesday when startups don't make mid-month payroll.
My payroll processor uses SVB and my employee payroll was today. No one got their direct deposits over night. I run a relatively small payroll and thank God most of my employees seem to have other incomes, so they're not solely dependent on their paychecks from me. Can't imagine the millions of employees who woke up to no paychecks today and have no idea if/when they will receive them! There was zero warning from our payroll processor...I think they were caught in the dark as much as we were.

The whole thing (accompanied on the same day by the Wells Fargo 'direct deposit debacle' today) is an absolute cluster!


That sux. I wonder if that's why the fed stepped in.
Absolutely is, amongst several billion other reason$$!!
Reply Quote
Albatross Necklace
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to will25u • 4:25p, 3/10/23
will25u said:
Translation:

Swallwell's donors are taking it in the pants over the SVB crash
Reply Quote
49
Bunk Moreland
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:26p, 3/10/23

Reply Quote
3
AW 1880
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:29p, 3/10/23
AG
Hope this doesn't turn out to be like the pre-CCOVID thread about something going on in China.
Reply Quote
5
Rapier108
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:29p, 3/10/23
And if it turns out this "bank" was nothing but some kind of Ponzi scheme or worse, the government will bail them out and no one will be punished, as long as they donated to the proper (D) candidates.
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." - Sir Winston Churchill
Reply Quote
17
Not a Bot
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:31p, 3/10/23
AG


Cramer pumped the bank a month ago, just like he did Bear Stearns.
Reply Quote
16
1 edit
cone
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to will25u • 4:35p, 3/10/23
AG
will25u said:
LOLWUT
Reply Quote
3
MAROON
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Not a Bot • 4:35p, 3/10/23
AG
Not a Bot said:


Cramer pumped the bank a month ago, just like he did Bear Stearns.
if you do the opposite of what Cramer suggests you will almost always be better off. He's a modern day Costanza,
What do you boys want for breakfast BBQ ?.....OK Chili.
Reply Quote
16
1 edit
AgGrad99
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Bunk Moreland • 4:38p, 3/10/23
AG
Bunk Moreland said:

Sure am glad I hold some Roku Stock
Reply Quote
5
1 edit
cone
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:39p, 3/10/23
AG
lol this is hilarious
Reply Quote
5
Dies Irae
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:39p, 3/10/23
How the hell does a company with a 7 billion market cap just have half a billion dollars and a quarter of its liquidity parked in a bank account uninsured?
Reply Quote
36
aezmvp
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Albatross Necklace • 4:40p, 3/10/23
Albatross Necklace said:
will25u said:
Translation:

Swallwell's donors are taking it in the pants over the SVB crash
This is 100% what is happening. Absolutely insane to get the Fed to back 100% of the deposits. But yeah this is 100% about his donors panic.
Reply Quote
20
DallasAg 94
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Not a Bot • 4:44p, 3/10/23
Reply Quote
14
1 edit
DallasAg 94
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:51p, 3/10/23
Reply Quote
1
1 edit
MAROON
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:51p, 3/10/23
AG


What do you boys want for breakfast BBQ ?.....OK Chili.
Reply Quote
30
Stat Monitor Repairman
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Dies Irae • 4:53p, 3/10/23
Dies Irae said:
How the hell does a company with a 7 billion market cap just have half a billion dollars and a quarter of its liquidity parked in a bank account uninsured?
ESG score still strong tho.
Reply Quote
16
Not a Bot
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to MAROON • 4:53p, 3/10/23
AG
Mrs. Skilling. Almost missed the funniest part of the tweet.
Reply Quote
19
aggielostinETX
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to MAROON • 4:54p, 3/10/23
AG
MAROON said:




Got me for a second
Reply Quote
5
sharpdressedman
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:55p, 3/10/23
We will soon know the volumes and participating financial institutions and hedge funds in the many, mega-loan syndications that supported the VC financing. Wait for the dominoes to begin falling.
Reply Quote
10
Bag
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
4:59p, 3/10/23
AG
Just got an urgent letter from one our business partners urging clients to NOT send any payments to their SVB account
Reply Quote
9
1 edit
OaklandAg06
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to aezmvp • 5:00p, 3/10/23
AG
aezmvp said:
Albatross Necklace said:
will25u said:
Translation:

Swallwell's donors are taking it in the pants over the SVB crash
This is 100% what is happening. Absolutely insane to get the Fed to back 100% of the deposits. But yeah this is 100% about his donors panic.
I have a feeling Swallwell's response has less to do with his donors panic, and more to do with investments he made with insider information that are about to get roasted.
Reply Quote
25
Post removed:
by user
5:01p, 3/10/23
Post removed:
by user
In reply to OaklandAg06 • 5:02p, 3/10/23
Dies Irae
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
5:07p, 3/10/23
From yesterday
Reply Quote
4
PCC_80
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Dies Irae • 5:27p, 3/10/23
AG
Dies Irae said:
From yesterday
Is this the guy that sold all his stock in SVB last week ? ? ? LOL
Reply Quote
9
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.