Replies

1,431 posted on 03/12/2023 11:12:04 PM PDT by Ymani Cricket (."Fear kills more people than death" ~General George C. Patton)

1,432 posted on 03/12/2023 11:18:42 PM PDT by Ymani Cricket (."Fear kills more people than death" ~General George C. Patton)

To: Ymani Cricket

1,436 posted on 03/12/2023 11:27:27 PM PDT by Ymani Cricket (."Fear kills more people than death" ~General George C. Patton)

Weapons-grade Lefty projection

1,459 posted on 03/12/2023 11:57:09 PM PDT by ransomnote (IN GOD WE TRUST)

To: Ymani Cricket

Some sauce for post 1341:

SVB Financial had Investment-Grade Credit Ratings (Moody’s, S&P) up to Collapse. Got Slashed in One Fell Swoop to Default

"On Wednesday March 8, Moody’s still had an A3 rating on SVB Financial, owner of the now defunct Silicon Valley Bank, as it was already collapsing for all to see. Four notches into investment grade – a very respectable rating!"

"In the evening of that day, after SVB disclosed a $1.8 billion loss on the sale of bonds, a planned capital raise, and a slew of liquidity measures, Moody’s downgraded it by just one itty-bitty notch, to Baa1, still three notches into investment grade."

1,460 posted on 03/13/2023 12:09:57 AM PDT by Ymani Cricket (."Fear kills more people than death" ~General George C. Patton)

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