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Mar 11, 2023
10:42:47pm

ochobeeguy Truly Addicted User

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ochobeeguy

Bio page: ochobeeguy
Joined: Oct 25, 2010
Last login: May 9, 2024
Total posts: 17,656 (9 FO)

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Messages

Author

Time

Forgive my ignorance, but what are the repercussions of the SVB collapse?

3/11/23 10:34pm

Causing paranoia. People running on the banks, withdrawing capital.

ABN RGR

3/11/23 10:40pm

Go watch It's a Wonderful Life.

ochobeeguy

3/11/23 10:42pm

The heart of venture capital in the US losing hundreds of billions and losing any appetite to invest in the industry

3/11/23 10:43pm

Much, much more than just that!!

ABN RGR

3/11/23 10:47pm

All these start ups will be bought out by Google, Apple and Microsoft...

jrifkin48

3/11/23 10:57pm

They'll be insolvent this month.

3/12/23 1:40am

Not sure about losing appetite to invest

HRCougar

3/11/23 11:00pm

No one knows yet, except that FDIC deposits up to $250K to be made whole Monday.

roseyscenario

3/12/23 10:37am

So each bank is getting enough to cover $250k for each account?

3/12/23 1:28pm

Just in. Treasury to bailout all depositors as Signature Bank closed.

roseyscenario

3/12/23 4:34pm

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