Let’s buy it Freepers, I bid a dollar! Maybe we can get for say $10 and impose our conservative requirements on customers.... or they don’t get their money back 🤣🤣🤣🤣🤣
Oh the heck with it I’ll bid 10 bucks
Dont forget Harry and Meghan, I hear now they have something really to cry about
The bids alhave to be over how much government support will come with the bank. Right now, any equity estimate has to be deeply negative. I’d love to be a fly on the wall for this auction.
Maybe the Bank of England can toss in a quid and a farthing to keep Harry and Meghan from begging on the street for pennies and ha’pennies.
Jim Cramer Tells People To Buy Silicon Valley Bank’s Stock Just Before It Collapsed! Of Course!
Kind of a short period of time for such a monstrous decision. Calling on “auction fever!”
Okay...
If anyone on this forum has a mortgage through these people, now is the time to double check the demand feature written into your mortgage documents
It’s little club and we ain’t in it.
Turn this problem over to Neil Bush! He saved the Savings & Loans back in the 1980’s.
Oh, wait...
Sam Bankman-Fried will buy it with fellow corrupt leftist money. May as well keep the sewage in the same pond.
How much do Hunter and Nancy have in this bank?
The ONLY healthy thing to do is for the government to look the other way and let the chips fall where they may.
When rates were <2% these institutions sucked up the free money...and locked it in.
Even RETARDS could see inflation on the rise and impending major rate increases.
Now the bulk of their “assets” are worth pennies on the dollar and they’re all in the red.
All of them.
BofA, Citi, Wells Fargo...everyone. It’s the secret nobody wants out. A thorough audit that prices their “assets” at market rate would send every one of our banking institutions to the graveyard.
The IRONY is that is was the “free money” that saved them last time. Now it has proven to be POISON.
Is this where they starting screaming, “However, anyone except Elon Musk?”
-PJ
The bank was making lots of loans to “underrepresented minority” entrepreneurs.
Much like the 2008 debacle was caused by sub-prime mortgages made to minorities.
To prevent ongoing moral hazard, such wokeness needs to be made very painful (for the woke, not the taxpayers)
I think Elon Musk might buy it...
