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Category Archives: Bankster Bastards
Great Signs, Cont.
And I would add (if I could) that they are well-marbled. It’s been making the rounds.
W$J: ‘White, Like Me’
From the Wall Street Journal's explanation of why Silicon Valley Bank failed:https://t.co/zEImEu6Bmp pic.twitter.com/Xbr86bEepf — Brian Merchant (@bcmerchant) March 13, 2023 The W$J is totally saying 12 angry, er, white dudes would have avoided this mess at Silicon Valley Bank. So … Continue reading
Eiron, The Goddess of Irony, Is Banking On Jerome Powell
Of the many things to note in the fallout of the weekend bank(s) collapse is that SVB had been selling off its assets at a loss to cover deposits, and had been doing this for months. Bloomberg notes “that all the … Continue reading
BREAKING: Banking
This is interesting (emphasis mine): The U.S. government announced Sunday night that all depositors at the failed Silicon Valley Bank would have access to all their money on Monday morning. Authorities said they were extending protection to depositors of a … Continue reading
Posted in Bastards, Bankster Bastards
2 Comments
News That Will Drive You to Drink
Happy Hour News Why, yes, we are going to talk about Silicon Valley Bank that just failed. Financial regulators have closed Silicon Valley Bank and taken control of its deposits, the Federal Deposit Insurance Corp. announced Friday, in what is … Continue reading
Posted in Bankster Bastards, Bastards, Rat Bastards
8 Comments
Here’s Some Stupid To Start Your Day
If you live long enough you will see everything, but I never thought I’d see Republicans split from Wall Street, you know without a crowbar. The House voted 216 to 204 to repeal a Dept. of Labor rule that allows … Continue reading
Posted in Bastards, Bankster Bastards, Wingnuttia
3 Comments
And in Economic News…
As regular readers and all good Scissorheads know, MPS finds it is weird that all the major dailies have a Business section, but none of ‘em have a Labor section. Anyway we mention this because The WaPo is tying itself … Continue reading
Up In Smoke: Twitter
Super-genius, Bond villain wannabe, Space Karen is really lousy at bidness: Fidelity slashed its carrying value of Twitter by 56% during the first month of Elon Musk’s ownership, according to a new disclosure. That takes a special kind of jenius. … Continue reading
Grifters Gotta Grift, Part Infinity
One of the defining characteristics of the modern Republican Party (other than their love of swastikas and hoods) is that they are determined to live in a walled garden to keep the dreaded Libtard Snowflakes away from them. [Insert your … Continue reading
Every Billionaire Represents A Policy Failure, Part Infinity
Eat the Rich The W$J, in an attempt to rally the masses to feel sorry for the Billionaire Tech Bros: The 20 richest tech billionaires have collectively lost nearly half a trillion dollars this year amid the stock market’s sharp … Continue reading
Mock Paper Scissors 