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Supernova
Patrick Boyle
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Comments by "Supernova" (@MrSupernova111) on "Silicon Valley Bailout" video.
Sounds like collateral. Smart move.
41
Did you short them?
2
Did he short his own bank just before it collapsed? WTF!
1
How would the regulators predict a $42 billion run on the bank? Did you not learn in finance that zero risk doesn't exist?
1
@vSimCO . Here is the thing. If this is so simple where were all the shorts before this happened? Everything in retrospect look easy. I remember my college professors ridiculing multi billion executives for making strategic mistakes that ruined companies. Yet, they're working in a classroom instead of running their own multi billion firm. Talk about hypocrisy.
1
@vSimCO . If I understand you correctly, you know better than the credit agencies like Moodys who had SVB rated as high grade Aa1 just days before the collapse, the investors who pour over the bank's financial statements every quarter and the federal agencies that oversee these institutions. That's what you're saying? Do you know any banks that would survive a run of the bank worth 20% or more of the bank's total deposits in a span of 24 hours? From what you've stated so far it appears you don't understand the difference from an insolvent bank from a liquidity crisis caused by a run on the bank. I expect average joes to confuse matters but not finance professionals.
1
Clueless! You're comparing the $20.00 in your savings account to $180-$200 billion. LOL
1
@LoveClassicMusic0205 . Everything is easy in retrospect. Did you know the top 24 banks in the USA currently have $300 billion in realized losses? Don't think for a second that what happened this weekend is an isolated event.
1
They tried to raise capital by selling assets and equity. That's exactly why customers got spooked and did a run on the bank.
1
@YeeLeeHaw . True! hahaha
1
Which bank had no assets to repay depositors?
1
@stupidbro2301 . Nobody is talking to you. Move along.
1
Brilliant! Thanks!
1
That was only 26% of Roku's cash. Do you expect them to have hundreds of accounts across the banking industry?
1
@tae_mx . Why bother with facts when you can make them up as you go along.
1
@tae_mx . Good. Now, stop pretending you know how to manage a multi-billion dollar firm.
1