Silicon Valley Bank has failed
- Thread starter twenty02
- Start date
It gets crazier. Based entirely on this article about the allotment of $500K to community development and a food bank near Guinness' Baltimore brewery, and said brewery's affirmation that it supports BLM, Diageo's entire $20M community fund pledge qualifies as BLM.
Guinness donating $1 million to organisations supporting social justice in the US | The Irish Post
GUINNESS IS donating $1 million to organisations fighting racial inequality in the US in the wake...
www.irishpost.com
I'm hoping for good news here she has only had it for 3 months. And how does that look on a credit report?
I’d stop paying and tell them to kiss your mom’s a#%.
She doesn't want anything bad to come out on her credit report. If the bank went under though how can they collect on a loan? Actually what happens to the loan? Unless someone steps up and buys the paper...IDK
She'll probably get a letter from whomever buys her loan explaining she has to pay them now.
Probably sold to a new bank. Otherwise I’m sure a receiver will be apptd. She probably didn’t get lucky
I’m screwing around. I assume another bank would take over the loan and inform her she owes them money, now. Your mom is regular folk, they don’t get the bailouts
Imagine if that loan was in bit!!! She could make that payment right through her Xbox. Wouldn’t miss a beatI’m screwing around. I assume another bank would take over the loan and inform her she owes them money, now. Your mom is regular folk, they don’t get the bailouts
Maybe through her Atari.
Was better wasn’t it. The games were simple. Porn was just the Emanuel movies. Nah it’s all too much. Takes hours to update to even get a game going on the stupid Xbox. Bring back cartridges
It's been going downhill for a while.
What the Hell Happened to the Claremont Institute?
How the once-distinguished conservative think tank plunged into Trumpism, illiberalism, and lying about the election.
www.thebulwark.com
Yikes. I was unaware. That’s sadIt's been going downhill for a while.
What the Hell Happened to the Claremont Institute?
How the once-distinguished conservative think tank plunged into Trumpism, illiberalism, and lying about the election.
Maybe Biden will forgive the loan. 🤣
Seriously, I would guess that another bank will buy the loan unless it's a really low rate and then it might not be as enticing.
How slow is your internet? It only took me ~5 mins and I could start playing during the update.
You're asking a guy that complains about TV volume this question?
We never know the sign ins etc. we need to upgrade to ps5 or Xbox x or whatever it is.
Fiber internet for the win. 500mb/sec up. 500mb/sec down. Shit you can get 1G if you are broadcasting 4k online or something.
Credit Suisse opened materially higher today after Switzerland promised a liquidity program for its largest lender. Sounds like it will be a shortlived solution though.
JPMorgan analysts in a note Thursday said a partial nationalization, a breakup or a merger were possible solutions. It added that while the Swiss bank doesn’t have a capital problem, it faces market confidence issues. “In our view, status quo is no longer an option.”
JPMorgan analysts in a note Thursday said a partial nationalization, a breakup or a merger were possible solutions. It added that while the Swiss bank doesn’t have a capital problem, it faces market confidence issues. “In our view, status quo is no longer an option.”
When a Swiss bank needs bailed out, it ain't good.
Interesting that Deutsche Bank - the one that supposedly made all those bad loans to Trump - isn't mentioned as being in trouble.
CS has been on the decline for a while. Really shit management, despite having a good reputation in asset management and investment banking. Losses ballooned to $7B last year. Compare that with DB who actually turned a $5.8B profit.
Both banks peaked in 2015 post-financial crisis and are on a slow march towards splitting up.
It won't matter in the end regarding the underlying debt, but you might ask the bank asking her to pay to produce the note. That way you can have some assurance that someone else won't make the same claim later. Like I said it won't matter for the actual debt (the purchasing bank can just use a lost note affidavit to prove it's the owner), but it may preclude other claims. At least she can show diligence in paying a fraudster, if it comes to that . . . .
Something has to be done so the people that are in charge of banks make sound banking decisions rather that decisions to put more money in their pockets. Now I'm not smart enough and don't know enough about how the banking system works to know what to do.
You misspelled Virginia.
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