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Mar 17 - BX Bankers Assemble! Help explain this clip from Janet Yellen! RIP small banks?



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 6 days ago '21        #1
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SeeNoEvil  topics gone triple plat - Number 1 spot x4
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Mar 17 - BX Bankers a*semble! Help explain this clip from Janet Yellen! RIP small banks?
 

 









In other banking news:



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 6 days ago '04        #2
bibbyboi 
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Do a lot of "community banks" have accounts with more than $250k in their savings accounts?
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 6 days ago '22        #3
HERMES  topics gone triple plat - Number 1 spot x14
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 6 days ago '15        #4
isthistobe  topics gone triple plat - Number 1 spot x82
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NWO incoming

one currency world banks
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 6 days ago '18        #5
Twrecz 
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 SeeNoEvil said













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Damn they on this lady's a*s
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 6 days ago '21        #6
GoldenKnight 
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What she means is only banks with wealthy Democeat doners and special interests will be bailed out and the peasants will lose all their money.

Socialism
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Top 10 most slapped recently  6 days ago '17        #7
Ymmot  topics gone triple plat - Number 1 spot x5
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 GoldenKnight said
What she means is only banks with wealthy Democeat doners and special interests will be bailed out and the peasants will lose all their money.

Socialism
It's spelled "donors" and what you're describing is crony capitalism, almost the exact opposite of socialism. But I get why you're not smart enough to know the difference.
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 5 days ago '20        #8
Xiox  topics gone triple plat - Number 1 spot x1
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She is saying that the FDIC board & her have to approve who gets the SVB treatment of having all their money insured . So if you have a billion in SVB you are getting every dime back but if you're in a credit union & they go belly up & the board does not approve to make you whole with your billion deposit you'll get back $250k because the FDIC only insures $250k



Last edited by Xiox; 03-18-2023 at 02:09 PM..
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 5 days ago '18        #9
ONLYTHEFIRE 
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 HERMES said


heard these got repealed under the trumpster. can somebody confirm or deny these allegations
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 5 days ago '14        #10
Christian238 
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U can tell she shady by her speech patterns..


I've been in meetings and briefings and whenever somebody start speaking like that they program fu*ked up and they winging it...

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 5 days ago '14        #11
Gottemscoped 
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All financial fu*kery always happens when democrats get elected
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 5 days ago '21        #12
SeeNoEvil  topics gone triple plat - Number 1 spot x4 OP
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 ONLYTHEFIRE said
heard these got repealed under the trumpster. can somebody confirm or deny these allegations




Top 10 most slapped recently  4 days ago '21        #13
Tlatoani  topics gone triple plat - Number 1 spot x1
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 Gottemscoped said
All financial fu*kery always happens when democrats get elected
It's almost like the regulation cuts and tax cuts Republicans make before Dems take office suck a*s.

And corporate Dems love having a good scapegoat in the Republicans because then they get to just act like there's nothing they can do about it while collecting cash from the same donors Republicans collect cash from.

Very incestuous.

Top 10 most slapped recently  4 days ago '21        #14
Tlatoani  topics gone triple plat - Number 1 spot x1
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 bibbyboi said
Do a lot of "community banks" have accounts with more than $250k in their savings accounts?
So from what I gathered, it's pretty common now.

Companies and venture capitalists kept high value accounts open with smaller banks who were offering sick a*s deals on loans.

They were willing to risk their accounts for sweet heart deals.

Once their risk backfired, they run to their bought and paid for politicians to act like rich people need to be bailed out.

This is after months of interest rate hikes crushing workers and Congress doing nothing to back up workers unionizing across the country.

It's so fu*ked up.
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