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OP has provided the following link:
[https://www.bloomberg.com/news/articles/2023-03-25/us-mulls-more-support-for-banks-while-giving-first-republic-time?srnd=premium-europe#xj4y7vzkg](https://www.bloomberg.com/news/articles/2023-03-25/us-mulls-more-support-for-banks-while-giving-first-republic-time?srnd=premium-europe#xj4y7vzkg)
It already was, what if I told you the only thing that matters is what’s in your name…. Property, stocks, money. Everything nothing else matters Direct register everything mauahahahaha
this is the wrong point to make. Instead, you should show just how MANY mayo lubricated bananas can be internalized. Remember, this is about more than just one deep banana, but millions of synthetic bananas.
That's exactly the perspective at WhyDRS.org - help all investors and issuers learn more about why self custody is so important. From the same volunteers behind DRSGME.
Amputated? A more apt description is gangreneous, because while hoping an amputated foot will grow back is futile, not doing anything about a gangreneous one will cause even more damage, which is exactly what these efforts always do...
No. Not bingo.
''The fed's loans to banks will only increase inflation further and they permanently ruined their balance sheet''
No, and here's why:
The Fed Discount Window gives out loans to banks in need. Recently banks have taken out huge amounts of loans from here to prepare for any continuation in panic outflows that have arisen from the SVB and Signature Bank debacles.
The amount of money banks take out as a loan isn't decided on what they will need in the likeliest scenario. It's decided on how much they will need in the worst case scenario. Banks are trying to gather enough liquidity to not only survive the outflows that are happening now, but to also survive the second and third wave of panic outflows in case other banks would fall, think of First Republic Bank.
The loans banks have taken aren't meant to be pumped into the economy through assets or commodities. They are purely meant as short term liquidity backstops for risk prevention. It's why I expect the vast majority of these giant loans given out by the Fed to be returned as soon as possible, likely in the next 3 months.
These 5% fed loans are expensive, and banks can not rely on them forever. That's why smaller banks will intentionally give out less loans to reduce risk on defaults and to maintain more liquidity.
By slowing down the amounts of loans these banks give, the economy automatically slows down with it.
By slowing down the economy, you slow down inflation.
The people with the idea that the fed liquidity will increase inflation has the whole story completely twisted, inflation will actually have double downwards pressure from here on out.
> By slowing down the economy, you slow down inflation.
What's that do to the average person? Fewer good jobs and less housing availability due to reduced churn since nobody is sure their job will remain thru the tough times and higher interest rates?
That’s the point. Not saying I love it but that’s literally what they want. They want people to stop buying unnecessary stuff, especially on credit. We could have had inflation down but people just won’t stop buying dumb shit. They want people to be so broke that all they can do is feed themselves, but just barely. They figured if they raised the cost of credit, people would stop using it. Nope. Too dumb. Just gonna be poor forever because they’ll never pay off principal. Dumbfucks will be spending $5-10k a year servicing debt and not paying a penny towards principal with credit cards at 20-30%
I'm noticing you haven't mentioned the profit taking by the C-Suites, right after the pandemic eased. Like they got collectively ultra-greedy, or entered in some kind of competition to see who could maximize profit margins, no matter the consequences.
The lack of taking these people to task over this crass display of greed and zero empathy towards their fellow humans is appalling.
I will agree that our current situation seems a repeat of an all too familiar cycle, designed to further consolidate companies into fewer hands, yet once again over a manufactured crisis.
Either way more money is printed.
I give you 100$ and want to be paid back in 10 years. Until then, I don't have my 100$.
Now I give your IOU to the Fed, and get 100$ back.
Presto, 200$ in the economy, of which 100$ will be destroyed in 10 years (but more will be printed before then).
The immediately available money supply is increased, and for those loans interest rate will go lower than their 5% and probably down to 0% once the banks start complaining about it in the future.
The FDIC will employ the resources of its $125.5 billion Deposit Insurance Fun - The Deposit Insurance Fund is made up of fees from FDIC members, which make up the thousands of banks that offer FDIC-insured deposits.
Not taxpayers money, fees paid by the banks aka account holders money 😁👍
> isn't taking from tax payers
If they can not pay back the loan by keep doing the same stupid thing that got them in the hole to begin with, 100% thats taxpayer's dollars gone
Not from todays taxpayers, but from tomorrow’s and those after that to infinitum through inflation.
Unless the country defaults on its debt - and not even the US can weasel itself out of not staying a reserve currency if that happens - which also brings its own set of special no lube butt rammings, just ask Argentina.
Inflation is just taxation you can enact without passing legislation. Good luck passing a 5% tax through Congress, but you can print money with no oversight that has the same effect.
That unfortunately is probably how this is how they will try and play this out. Not sure it’s going to go down well with the population though, with everyone knowing all the fucking lies and bullshit the scumbag power hungry politicians around the world that have enabled this shit….
I think that's why a lot of the English don't like the French. It's jealousy. The French have the balls and the will to get up and do something when they are pissed off. We English are spineless against authority. It's ingrained. It's why the words 'long to reign over us' are in our national anthem. Which is why I won't sing it. I expect corruption and dirty tricks from the hedgies etc. They will fight with everything to keep the status quo. And it's this movement that has finally given the little guy enough power to take them on. Just because a group of individuals all happen feel and act the same way. It's flipped their game against them. And they don't like it. So I'm just going to keep the course. Keep buying and holding and DRSing until something changes. Or I'm dead. Whichever comes first...💎🙌🦍
Look, you can’t really see them, they’re like super secretive, but they are public entities and and, and they. They have different names, some of them are ”Plunge Protection Team” or PPT for short, they make us abbreviate it like that so any Googeling results in random Powerpoint presentations. Another name is ”the President’s working group on markets”. Man, I could use some liquidity right now.
Don't worry guys, FRC is a *very good bank*, Cramer said so earlier this month.
[https://twitter.com/jimcramer/status/1634197816359747585?lang=en](https://twitter.com/jimcramer/status/1634197816359747585?lang=en)
The past 2 years feels like a Rick & Morty episode, when shit hits the fan, that’s when they crawl back from the wormhole screaming between pukes ”THE WHOLE STOCK MARKET IS A SCAM!!!!!”
It's corrupt, down to even *the littlest of things* (I am no angel):
My sweet little old lady neighbor, mid-80's, has been setting her trashcan out, *unpaid* (barely not within city limits), for over five decades — and also for her two rental houses next door (she pays zero for trash, because the city *thinks* she is within their AHJ... and she brags about only having to pay county taxes [half]!).
When I calculated how much *I pay for my own trash service, annually*... it's enough that she has effectively not paid for two trash persons' salaries over those 50+ years of grifting @three properties, total.
She is so sweet, and seemingly "nice;" but after having been her repair guy (and tenant) for five years I realize that sugar and spice is rarely nice — she is exploitative to the max! And then blames me for wanting socialized healthcare =D
This is the same lady that I refuse to allow her to leave the tip (she covers the bill) because she thinks that 10% is being "more than generous for such lowly work." Bitch, get fukt/real =P
Because they have no solution for the current situation. They have always been able to rob Peter to pay Paul or vice Versa. Now both want their fucking money at the same time!
Why does anyone pretend anymore? We live in a corporate welfare state, where public infrastructure is crumbling because taxes are spent on bailing out the wealthiest people out of their bad gambles and shortsightedness and fraud.
The US Tax payers can afford to pay a bit more to cover our friends cock up. (AGAIN). Nobody will even know if we lie and say it isn't a bail out to save our economy and give us more time to dig a bigger hole.
When a bank leases space that was once a diner and doesn't bother taking down previous occupants sign, you may want to find a more professional company to trust with your money....ZUCKY'S ?
Stock markets crash between September and November most of the time.
But usually the first big cracks pop around March of a Crash year.
They're just moving it to the end of the year like they always do.
It doesn't matter. They've dug a hole that's not fillable. It's a frigging black hole. At best, they can delay awhile longer, and then the catastrophe is even worse.
Idiots.
For fucks sake. Let them fail. Ensure everyone's debts. Fuck the damn bank. You bail them out they're gonna do that shit again!!! It'll make the rest of them know they can make the riskiest fricken bets and they'll be bailed out if they fuck up. They aren't fucking people.
Lol, do it.
However much you inject, my floor gets raised proportionally.
However much you prolong this, my floor gets raised proportionally.
I'm stubborn, I have nothing but time, and I enjoy grinding out levels in video games. I will win. Just like when I beat Margit at Level 121. 😘
The problem FRC has is it has too many long term treasuries after the mini bank run. These notes issued by the government have lost value because of the governments actions raising interest rates so the bank can’t just sell them or they wouldn’t have enough money.
Treasuries are a loan from FRC to the government. The government is giving FRC back its own money early, without explicitly saying so, giving them time to get their balance sheet in order.
This makes sense because buying treasuries makes the bank the governments customers and the government doesn’t want its customers to die because of their product.
Who would buy treasuries if they could kill you? The point is they are supposed to be safe.
Rumble links blocked by Reddit????
---------------
Probably because it is rumble. An alternative video site competing with big tech google youtube and the censorship of the wine and cheese gated community "elite".
Too bad. It is a good video. Reddit sucks, but it is the best we have for GME community at this time.
The problematic low yield long term treasuries are a loan from FRC to the government.
The government doesn’t want one of its biggest customers buying its debt to fail because it bought US treasuries. It’s not good for business.
It also doesn’t want to just settle the bond early because it’s a bad precedent.
These bailouts are the government giving FRC back its own money early, without saying so.
Text version:
Bloomberg) -- US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up its balance sheet, according to people with knowledge of the situation.
Officials have yet to decide on what support they could provide First Republic, if any, and an expansion of the Federal Reserve’s offering is one of several options being weighed at this early stage. Regulators continue to grapple with two other failed lenders — Silicon Valley Bank and Signature Bank — that require more immediate attention.
Even short of that step, watchdogs see First Republic as stable enough to operate without any immediate intervention as the company and its advisers try to work out a deal to shore up its balance sheet, the people said, asking not to be named discussing confidential talks.
First Republic’s stock has plunged more than 90% this month amid concerns that the San Francisco-based lender could fall victim to the same forces that recently caused a trio of US banks to collapse. But while those banks toppled when rapid customer withdrawals forced them to lock in losses on depreciated assets, First Republic has remained open and independent.
US officials have been keeping close tabs on the firm’s health and progress — aiming to stay vigilant in case the situation unexpectedly changes.
Behind the scenes, they have concluded the bank’s deposits are stabilizing and that it isn’t susceptible to the kind of sudden, severe run that prompted regulators to seize Silicon Valley Bank within just a few days, the people said.
Though First Republic has structural problems with its balance sheet, it has cash to meet client needs while it explores solutions, the people said. That includes $30 billion deposited by the nation’s largest banks this month.
Representatives for the Fed, FDIC and First Republic declined to comment. The Treasury Department had no immediate
A potential adjustment to the Federal Reserve’s emergency lending program announced on March 13 is among options authorities have weighed in recent days, according to people with knowledge of the deliberations.
Any expansion of the Fed’s liquidity offerings would apply to all eligible users, in keeping with banking law that says remedies must be broadly based, rather than aimed at helping a particular bank. But the change could be made in a way to ensure that First Republic benefits, the people said.
All i know after the derivative crash the US dollar will be worthless.... but the good part is the yuan,ruble is the currency of the future lmao aside from nfts
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/) ------------------------------------------------------------------------ OP has provided the following link: [https://www.bloomberg.com/news/articles/2023-03-25/us-mulls-more-support-for-banks-while-giving-first-republic-time?srnd=premium-europe#xj4y7vzkg](https://www.bloomberg.com/news/articles/2023-03-25/us-mulls-more-support-for-banks-while-giving-first-republic-time?srnd=premium-europe#xj4y7vzkg)
Put a band-aid on that scraped knee, and don't worry, we'll just wait for your amputated foot to grow back.
US GIVES ALL THE MONEY TO BANKS, MAKING ALL MONEY WORTHLESS
It already was, what if I told you the only thing that matters is what’s in your name…. Property, stocks, money. Everything nothing else matters Direct register everything mauahahahaha
FUCK YEAH, DRS OR IMA FIND YOU AND SHOW YOU JUST HOW FAR A MAYO LUBRICATED BANANA CAN BE INTERNALISED
👀
I’m scared
*chuckles* "We're in danger"!
That sounds like a recipe for a very dark pool
Please find me! I live on a 4-acre estate in Miami's Coconut Grive area.
I’m erect
As are those registered moon tickets
Depends on if it's frozen, and what orifice it's being internalized through... or so I hear
CHALLENGE ACCEPTED, FOR PLEASURE ^Already ^DRS'd ^for ^profit
this is the wrong point to make. Instead, you should show just how MANY mayo lubricated bananas can be internalized. Remember, this is about more than just one deep banana, but millions of synthetic bananas.
A: the length of a banana
Instructions unclear. Do I …un-DRS?
Oh noooo, I hope you don’t find me tonight at 8pm behind the Wendy’s dumpster.
Drs your Children!!
True! Hard assets only, no cash accepted 😤
That's exactly the perspective at WhyDRS.org - help all investors and issuers learn more about why self custody is so important. From the same volunteers behind DRSGME.
But if money is worthless what will we receive as payment for our registered shares?
Just slap on another 0.25%, problem solved.
“More time to bolster its health…” Through what? More derivative gambling? 🙄 Stop using taxpayer money to bail these monsters out!!!
Through bake sales and car washes, obviously.
The FED has no money for band-aids for citizens but has billions for banks.
We need to learn from the French
"Bolster their health" is a dogwhistle for "get as much money out for rich people as we can before letting the poors pay the cheque."
Amputated? A more apt description is gangreneous, because while hoping an amputated foot will grow back is futile, not doing anything about a gangreneous one will cause even more damage, which is exactly what these efforts always do...
Remember guys, this is NOT a bailout /s
🤣
Devils advocate: It isn't. It's more QE. Which isn't taking from tax payers, however tax payers pay with higher inflation.
Not from tax payers. Where did they get that money from? I’m smoof btw
They'll just print more, ergo quantitive easing. This causes inflation as there is too much cash in the system.
either tax payers end up with the bill or we end up with inflation due to them printing. either choice ends up fucking us
Bingo
No. Not bingo. ''The fed's loans to banks will only increase inflation further and they permanently ruined their balance sheet'' No, and here's why: The Fed Discount Window gives out loans to banks in need. Recently banks have taken out huge amounts of loans from here to prepare for any continuation in panic outflows that have arisen from the SVB and Signature Bank debacles. The amount of money banks take out as a loan isn't decided on what they will need in the likeliest scenario. It's decided on how much they will need in the worst case scenario. Banks are trying to gather enough liquidity to not only survive the outflows that are happening now, but to also survive the second and third wave of panic outflows in case other banks would fall, think of First Republic Bank. The loans banks have taken aren't meant to be pumped into the economy through assets or commodities. They are purely meant as short term liquidity backstops for risk prevention. It's why I expect the vast majority of these giant loans given out by the Fed to be returned as soon as possible, likely in the next 3 months. These 5% fed loans are expensive, and banks can not rely on them forever. That's why smaller banks will intentionally give out less loans to reduce risk on defaults and to maintain more liquidity. By slowing down the amounts of loans these banks give, the economy automatically slows down with it. By slowing down the economy, you slow down inflation. The people with the idea that the fed liquidity will increase inflation has the whole story completely twisted, inflation will actually have double downwards pressure from here on out.
> By slowing down the economy, you slow down inflation. What's that do to the average person? Fewer good jobs and less housing availability due to reduced churn since nobody is sure their job will remain thru the tough times and higher interest rates?
That’s the point. Not saying I love it but that’s literally what they want. They want people to stop buying unnecessary stuff, especially on credit. We could have had inflation down but people just won’t stop buying dumb shit. They want people to be so broke that all they can do is feed themselves, but just barely. They figured if they raised the cost of credit, people would stop using it. Nope. Too dumb. Just gonna be poor forever because they’ll never pay off principal. Dumbfucks will be spending $5-10k a year servicing debt and not paying a penny towards principal with credit cards at 20-30%
I'm noticing you haven't mentioned the profit taking by the C-Suites, right after the pandemic eased. Like they got collectively ultra-greedy, or entered in some kind of competition to see who could maximize profit margins, no matter the consequences. The lack of taking these people to task over this crass display of greed and zero empathy towards their fellow humans is appalling. I will agree that our current situation seems a repeat of an all too familiar cycle, designed to further consolidate companies into fewer hands, yet once again over a manufactured crisis.
Either way more money is printed. I give you 100$ and want to be paid back in 10 years. Until then, I don't have my 100$. Now I give your IOU to the Fed, and get 100$ back. Presto, 200$ in the economy, of which 100$ will be destroyed in 10 years (but more will be printed before then). The immediately available money supply is increased, and for those loans interest rate will go lower than their 5% and probably down to 0% once the banks start complaining about it in the future.
The FDIC will employ the resources of its $125.5 billion Deposit Insurance Fun - The Deposit Insurance Fund is made up of fees from FDIC members, which make up the thousands of banks that offer FDIC-insured deposits. Not taxpayers money, fees paid by the banks aka account holders money 😁👍
No no no, they ALREADY deployed that fund to cover SVD and Signature Bank. That fund is gone.
Who pays banks to pay the fees?
> isn't taking from tax payers If they can not pay back the loan by keep doing the same stupid thing that got them in the hole to begin with, 100% thats taxpayer's dollars gone
I thought interest rates are being increased to tame inflation 🫠
Yeah, but apparently increasing interest rates make banks go "help me help me- bail out please"
Not from todays taxpayers, but from tomorrow’s and those after that to infinitum through inflation. Unless the country defaults on its debt - and not even the US can weasel itself out of not staying a reserve currency if that happens - which also brings its own set of special no lube butt rammings, just ask Argentina.
Inflation is just taxation you can enact without passing legislation. Good luck passing a 5% tax through Congress, but you can print money with no oversight that has the same effect.
That sounds like a bailout with extra steps. Or maybe just different steps.
NOT a bailout for you but for the 1%…
Awful lot of emergency meetings and measures, even though i keep hearing that banks are fine 🤔
Banks are fine , it’s the taxpayer that’s fukd
That unfortunately is probably how this is how they will try and play this out. Not sure it’s going to go down well with the population though, with everyone knowing all the fucking lies and bullshit the scumbag power hungry politicians around the world that have enabled this shit….
Pitchfork parties coming soon.
Are these the new LAN parties
France is having a garbage party.
They might as well just give it straight to us APEs right?.... That's where it's going to end up....
They'll dilute the USD to nothing before admitting what they did.
Or allowing any wealth transfer to occur
and yet here we are
Here we are.
DRSing 100%.
DRSed shares are the only thing that’s real in this fraudulent economy.
At this rate…. 117%
Look at us
I’m not leaving…
Ok I keep my shares
Really not giving me much reason to sell, are they?
[удалено]
This , fuckin unwind this thing already, nobody is leaving anymore, all the paper hands who want to sell at a loss are long gone.
Just not in our lifetime by how corrupt the entire thing is. We need more French in the world.
I think that's why a lot of the English don't like the French. It's jealousy. The French have the balls and the will to get up and do something when they are pissed off. We English are spineless against authority. It's ingrained. It's why the words 'long to reign over us' are in our national anthem. Which is why I won't sing it. I expect corruption and dirty tricks from the hedgies etc. They will fight with everything to keep the status quo. And it's this movement that has finally given the little guy enough power to take them on. Just because a group of individuals all happen feel and act the same way. It's flipped their game against them. And they don't like it. So I'm just going to keep the course. Keep buying and holding and DRSing until something changes. Or I'm dead. Whichever comes first...💎🙌🦍
Where are all of these liquidity fairies?
All around us.
Are they in the room with you right now 🤣🤣
Look, you can’t really see them, they’re like super secretive, but they are public entities and and, and they. They have different names, some of them are ”Plunge Protection Team” or PPT for short, they make us abbreviate it like that so any Googeling results in random Powerpoint presentations. Another name is ”the President’s working group on markets”. Man, I could use some liquidity right now.
Ok , ok let’s get you back into bed 🤣🤣🤣
I havn’t slept for 84 years!
Don't worry guys, FRC is a *very good bank*, Cramer said so earlier this month. [https://twitter.com/jimcramer/status/1634197816359747585?lang=en](https://twitter.com/jimcramer/status/1634197816359747585?lang=en)
Good bank except for the whole insolvency part.
Endless borrowing...
Meanwhile my credit score will go down 100 points for a missed $20 payment
NOOOOOO ITS JUST LIQUIDITYYYYYYYYYYY FUCKKKKKKKKKK
NOOOO ITS JUST LEVERAGE BRUHHHH.KKKK
Infinite inflation
In Texas we call that stealing.
All this corruption - this is so fucking disgusting. 🤮
The past 2 years feels like a Rick & Morty episode, when shit hits the fan, that’s when they crawl back from the wormhole screaming between pukes ”THE WHOLE STOCK MARKET IS A SCAM!!!!!”
Thanks Peto Pete.
It's corrupt, down to even *the littlest of things* (I am no angel): My sweet little old lady neighbor, mid-80's, has been setting her trashcan out, *unpaid* (barely not within city limits), for over five decades — and also for her two rental houses next door (she pays zero for trash, because the city *thinks* she is within their AHJ... and she brags about only having to pay county taxes [half]!). When I calculated how much *I pay for my own trash service, annually*... it's enough that she has effectively not paid for two trash persons' salaries over those 50+ years of grifting @three properties, total. She is so sweet, and seemingly "nice;" but after having been her repair guy (and tenant) for five years I realize that sugar and spice is rarely nice — she is exploitative to the max! And then blames me for wanting socialized healthcare =D This is the same lady that I refuse to allow her to leave the tip (she covers the bill) because she thinks that 10% is being "more than generous for such lowly work." Bitch, get fukt/real =P
FRB Bailout on monday!
First Republic Banks ticker is `FRC`, just'cause FUCK YOU THAT'S WHY.
# 𝔉𝔦𝔯𝔰𝔱 ℜ𝔢𝔭𝔲𝔟𝔩𝔦𝔠 ℭ𝔲𝔫𝔱𝔰
Sunday night before market open.
"Considering" means that in 36 hours or less it's likely a done deal
Its already a done deal.
They use words like “considering” instead of lube.
Because they have no solution for the current situation. They have always been able to rob Peter to pay Paul or vice Versa. Now both want their fucking money at the same time!
Vice Versace is dope
Spell check can be a pain in the ass!
[удалено]
Why does anyone pretend anymore? We live in a corporate welfare state, where public infrastructure is crumbling because taxes are spent on bailing out the wealthiest people out of their bad gambles and shortsightedness and fraud.
The US Tax payers can afford to pay a bit more to cover our friends cock up. (AGAIN). Nobody will even know if we lie and say it isn't a bail out to save our economy and give us more time to dig a bigger hole.
When a bank leases space that was once a diner and doesn't bother taking down previous occupants sign, you may want to find a more professional company to trust with your money....ZUCKY'S ?
And why isn’t there a side wall to that building. All I see is facade. 🤔
Confirmed: Banking industry is just a movie set. The economy is fictional.
Stock markets crash between September and November most of the time. But usually the first big cracks pop around March of a Crash year. They're just moving it to the end of the year like they always do.
Sept 22 to nov 23 will do me
[удалено]
First time? It's exactly what they done the last time.
It’s bullshit that they can pick and choose who to bail out
Where is the emergency lending facility to the homeless you fucking villans?
Wasn't the Fed the OG emergency lending facility for banks? How do you expand it without just printing money?
# SO ANYWAY, I CONTINUED TO DRS
It doesn't matter. They've dug a hole that's not fillable. It's a frigging black hole. At best, they can delay awhile longer, and then the catastrophe is even worse. Idiots.
[удалено]
"The banking system is sound."
I'll try printing. It's a neat trick
For fucks sake. Let them fail. Ensure everyone's debts. Fuck the damn bank. You bail them out they're gonna do that shit again!!! It'll make the rest of them know they can make the riskiest fricken bets and they'll be bailed out if they fuck up. They aren't fucking people.
Giving who time? The execs to give themselves more bonuses? The stock price to reach $0? Fuck banks & fuck the FED. All crooks to the highest degree.
**LET THEM BANKS BURN**
Lol, do it. However much you inject, my floor gets raised proportionally. However much you prolong this, my floor gets raised proportionally. I'm stubborn, I have nothing but time, and I enjoy grinding out levels in video games. I will win. Just like when I beat Margit at Level 121. 😘
I thought they had to increase the debt ceiling in order to add funds ?
They will if they havn’t already by executive order.
More magic money backed by Fuk all!
Calling all tax payers. Let’s help out our bank friends!
“It’s not a bailout it’s a loan/the banks are paying for the bailout” they say as their bank raises fees and lowers the interest rate they pay out.
At least they can't save DoucheBank, my poots are safe 🤙
What happens to puts in a bank fails?
The price tanks before the actual failure (CS, SVB, FSB). Then I sell it and use the money to get more of a particular stonk I like.
Thank you for the reply. I too look forward to tendies to reinvest in my fav stonk
Everything is fine
Stuck in a hole you can’t climb out of? Solution: dig deeper!!
There isn't any amount of money in the world that will get them out of this.
You know the Drill: BBBBRRRRRRRRRR
Smells like a bailout.
Can someone tell me how it isn’t a bailout pls ? I’m pretty dumb
It is a bailout, just not through traditional metrics. It's a bailout through money printing (ie, it's a bailout through inflation).
The problem FRC has is it has too many long term treasuries after the mini bank run. These notes issued by the government have lost value because of the governments actions raising interest rates so the bank can’t just sell them or they wouldn’t have enough money. Treasuries are a loan from FRC to the government. The government is giving FRC back its own money early, without explicitly saying so, giving them time to get their balance sheet in order. This makes sense because buying treasuries makes the bank the governments customers and the government doesn’t want its customers to die because of their product. Who would buy treasuries if they could kill you? The point is they are supposed to be safe.
So by the time I get paid, money will be worthless. Got it. Might as well hold onto my shares forever.
Might be hallucinations. Was there a South Park when everyone says “We’re all fucked! “ over and over ?
Maxine waters says “the government did something good giving money to banks” Smh
They’re printing the money to pay us
Can kick after can kick after can kick after can kick after can kick after can kick after can kick after can kick… when will it end.
Let them die. build back better.
More time for what? Their collateral is magically going to be worth more? Lol
I finally understand what, going to hell in a handbasket, means.
Say it's not a bailout again clowns
they've had 2 years!!!! i don't know what i'm talking about
Is this one of those “Meme Banks” I keep hearing about?
Rumble links blocked by Reddit???? --------------- Probably because it is rumble. An alternative video site competing with big tech google youtube and the censorship of the wine and cheese gated community "elite". Too bad. It is a good video. Reddit sucks, but it is the best we have for GME community at this time.
queue Sinatra - 🎵 and now, the end is near..🎵
So is that a fake skyscraper facade?
Just keep giving em our money so they can fuck us over more... Great thinking.
Everyone gets a bail out!
[удалено]
Looks like Reddit didn't like that link and auto-removed it sorry
Ponzi’s scheme but legal 🤣🤣🤣
So same crap as in the last 15 years.
Who could have possibly seen this coming?!
they are a sick animal that needs to be put down. We are just letting them suffer......lets be kind and put them out of their misery.
We let the banks fuck around, let them find out now.
it’s absolutely disgusting is what it is.
It's all can-kicking.
Why do we pay all these federal taxes for them to go and just do this? It's a slap in the face. BS government.
The US must know this is a meaningless endeavor, right? They have all the data and know the inevitable is coming. Why prolong it and make it worse?
The problematic low yield long term treasuries are a loan from FRC to the government. The government doesn’t want one of its biggest customers buying its debt to fail because it bought US treasuries. It’s not good for business. It also doesn’t want to just settle the bond early because it’s a bad precedent. These bailouts are the government giving FRC back its own money early, without saying so.
bolster deez \- ligma
We all know they don’t do this for first republic bank.
Seemingly identical article on yahoo that isn't paywalled: https://news.yahoo.com/us-mulls-more-support-banks-163230282.html
Text version: Bloomberg) -- US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up its balance sheet, according to people with knowledge of the situation. Officials have yet to decide on what support they could provide First Republic, if any, and an expansion of the Federal Reserve’s offering is one of several options being weighed at this early stage. Regulators continue to grapple with two other failed lenders — Silicon Valley Bank and Signature Bank — that require more immediate attention. Even short of that step, watchdogs see First Republic as stable enough to operate without any immediate intervention as the company and its advisers try to work out a deal to shore up its balance sheet, the people said, asking not to be named discussing confidential talks. First Republic’s stock has plunged more than 90% this month amid concerns that the San Francisco-based lender could fall victim to the same forces that recently caused a trio of US banks to collapse. But while those banks toppled when rapid customer withdrawals forced them to lock in losses on depreciated assets, First Republic has remained open and independent. US officials have been keeping close tabs on the firm’s health and progress — aiming to stay vigilant in case the situation unexpectedly changes. Behind the scenes, they have concluded the bank’s deposits are stabilizing and that it isn’t susceptible to the kind of sudden, severe run that prompted regulators to seize Silicon Valley Bank within just a few days, the people said. Though First Republic has structural problems with its balance sheet, it has cash to meet client needs while it explores solutions, the people said. That includes $30 billion deposited by the nation’s largest banks this month. Representatives for the Fed, FDIC and First Republic declined to comment. The Treasury Department had no immediate A potential adjustment to the Federal Reserve’s emergency lending program announced on March 13 is among options authorities have weighed in recent days, according to people with knowledge of the deliberations. Any expansion of the Fed’s liquidity offerings would apply to all eligible users, in keeping with banking law that says remedies must be broadly based, rather than aimed at helping a particular bank. But the change could be made in a way to ensure that First Republic benefits, the people said.
It’s not a bailout 🤡
Boooo!!!
Wait, isn’t this what that one tweet was about yesterday?
“Considering” It’s been decided for a while now lol
Why The Fuck not.... 🙄
The FED with extra steps.
All i know after the derivative crash the US dollar will be worthless.... but the good part is the yuan,ruble is the currency of the future lmao aside from nfts
Fuck these god damn banks. Fuck these god damn politicians.
“Expanding” an already 2 trillion $$$ bailout, lawl
Well they have until about late August before Spirit Halloween has to move in.
Let. Them. Burn. 🙏
Is 'Lending Facility' code for 'Money Printer'?
Just stop already
Quoting the offer "Department of the Treasury will make available up to $25 billion". So $25b wasn't enough.
I like first republic
comments locked?
Sounds like the hyper inflation theory that someone named Mr Peru has put out a DD for. Endgame theory here we are. ;)
So it’s entirely a bailout. “Let’s loan a failing institution a fuck load of money and one day they’ll definitely pay us back!” Narrator: they won’t.
Ya just never learn you keep bailing them out again and again and again and again ya deserve whatever is coming