Replies

The bigger risk here involved all the business accounts holders who had to pay their bills this week just to keep their doors open.

Yes, all those woke, hi-tech firms, that donate to Democrats and hate conservatives with a passion. Screw them all.

Anyone that thinks these banks should be bailed out is an eff’n commie and does not believe in capitalism.

The VC’s are kicking back today laughing their asses off and saying, “Suckers, I don’t have to reduce my gain in my startups by loaning them money to make payroll. Isn’t it great to have suckers to foot the bill.”

31 posted on 03/13/2023 2:33:56 PM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )

Have some self-awareness, dude. One of the people you describe there is a FReeper who owns a company that has its business accounts in SVB. I think he's from right here in Pennsylvania, too.

This FReeper spent the weekend meeting with his senior management to figure out how to pay their employees, and determine if they could even open for business today.

Are you telling me you don't use banks at all?

40 posted on 03/13/2023 3:41:04 PM PDT by Alberta's Child ("I've just pissed in my pants and nobody can do anything about it." -- Major Fambrough)