francoHFW
Diamond Member
- Sep 5, 2011
- 79,271
- 9,399
we know a lying scumbag pervert conman oligarch when we see one... what the heck is wrong with you people? Worst thing that has ever happened to our politics forever is him and you and Rupert...
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we know a lying scumbag pervert conman oligarch when we see one... what the heck is wrong with you people? Worst thing that has ever happened to our politics forever is him and you and Rupert...
.we know a lying scumbag pervert conman oligarch when we see one... what the heck is wrong with you people? Worst thing that has ever happened to our politics forever is him and you and Rupert...
so it was just a coincidence that this bank quadrupled in size in four years and blew up when something went wrong somewhere anywhere in the economy. They just might have been doing some risky stuff. that is what businesses and banks do whenever they get the chance, which is always after the GOP deregulates and cuts oversight. thanks for 19 twenty-nine 1989 2008 And 2023, numbskulls.....
Leftist tactics -- When you know you have nothing relevant to say but have to run your mouth anyway, fling shit.
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.so it was just a coincidence that this bank quadrupled in size in four years and blew up when something went wrong somewhere anywhere in the economy. They just might have been doing some risky stuff. that is what businesses and banks do whenever they get the chance, which is always after the GOP deregulates and cuts oversight. thanks for 19 twenty-nine 1989 2008 And 2023, numbskulls....
What happens on Brandon’s watch is all Trump’s fault if it’s a net negative. But if it’s considered a good bit of news, Potato gets the credit.I want to share with you an article that explains how Trump's deregulation led to the collapse of Silicon Valley Bank, one of the largest banks in the country. The article is here: How Trump’s Deregulation Sowed The Seeds For Silicon Valley Bank’s Demise
The article says that Trump signed a law in 2018 that weakened the rules for banks that were put in place after the 2008 financial crisis. The law was called the Economic Growth, Regulatory Relief and Consumer Protection Act (S.2155), but it did not protect consumers at all. It allowed banks like Silicon Valley Bank to take more risks with their money and hide their problems from regulators.
The law was supported by most Republicans and a minority of Democrats who were fooled by the bank lobbyists. Most Democrats voted against it The Senate passed it by a vote of 67-31, with 16 Democrats voting for it. The House passed it by a vote of 258-159, with 225 Republicans and 33 Democrats voting for it. Trump signed it into law on May 24, 2018.
Now we are paying the price for this Trump law. Silicon Valley Bank failed because it gambled on risky loans and investments that went bad. It also lied about its financial health and hid its losses from regulators and investors. The bank's failure caused a lot of damage to the economy and hurt millions of customers, employees and shareholders. This is why we need to hold Trump and his allies accountable for their actions.
They sold us out to the big banks and put our economy at risk. We need to repeal this law and restore strong regulations for banks that protect consumers and prevent another crisis.
Waaaahahahahaha...The 25 threads on this isn't enough... make 25 more today!!
You can do it!!!!!
yeah... noWaaaahahahahaha...
On other subjects, you yourself have caught the thread virus
we know a lying scumbag pervert conman oligarch when we see one...
Here comes the 'blame Trump' crowd.I want to share with you an article that explains how Trump's deregulation led to the collapse of Silicon Valley Bank, one of the largest banks in the country. The article is here: How Trump’s Deregulation Sowed The Seeds For Silicon Valley Bank’s Demise
The article says that Trump signed a law in 2018 that weakened the rules for banks that were put in place after the 2008 financial crisis. The law was called the Economic Growth, Regulatory Relief and Consumer Protection Act (S.2155), but it did not protect consumers at all. It allowed banks like Silicon Valley Bank to take more risks with their money and hide their problems from regulators.
The law was supported by most Republicans and a minority of Democrats who were fooled by the bank lobbyists. Most Democrats voted against it The Senate passed it by a vote of 67-31, with 16 Democrats voting for it. The House passed it by a vote of 258-159, with 225 Republicans and 33 Democrats voting for it. Trump signed it into law on May 24, 2018.
Now we are paying the price for this Trump law. Silicon Valley Bank failed because it gambled on risky loans and investments that went bad. It also lied about its financial health and hid its losses from regulators and investors. The bank's failure caused a lot of damage to the economy and hurt millions of customers, employees and shareholders. This is why we need to hold Trump and his allies accountable for their actions.
They sold us out to the big banks and put our economy at risk. We need to repeal this law and restore strong regulations for banks that protect consumers and prevent another crisis.
You mean the entire world outside your brain washed functional moron GOP base? Funny how the deregulation GOP gives us corrupt bubble and bust and a recession depression every time they get in office for 8 years..... 1929 1989 2008...Here comes the 'blame Trump' crowd.
Frances Youre one ignorant bitchYou mean the entire world outside your brain washed functional moron GOP base? Funny how the deregulation GOP gives us corrupt bubble and bust and a recession depression every time they get in office for 8 years..... 1929 1989 2008...
There was NEVER a hypothetical stress test that questioned the effects of a sudden and dramatic rise in interest rates.FDIC Releases Economic Scenarios for 2022 Stress Testing
View attachment 765976
Federal Deposit Insurance Corporation (.gov)
https://www.fdic.gov › news › press-releases
Feb 15, 2022 — WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) today released the hypothetical economic scenarios for use in the upcoming stress ...
The Federal Deposit Insurance Corporation (FDIC) today released the hypothetical economic scenarios for use in the upcoming stress tests for covered institutions with total consolidated assets of more than $250 billion.
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 requires certain financial companies, including certain state nonmember banks and state savings associations, to conduct stress tests. In 2018, Congress increased the size of what is considered a covered institution from $10 billion to $250 billion.
The supervisory scenarios include baseline and severely adverse scenarios. The baseline scenario is in line with a survey of private sector economic forecasters. The severely adverse scenario is not a forecast, rather, it is a hypothetical scenario designed to assess the strength and resilience of financial institutions. Each scenario includes 28 variables—such as gross domestic product, the unemployment rate, stock market prices, and interest rates—covering domestic and international economic activity.
Hey dipshit...they had a liquidity problem. And liquidity problem occurred because of the change in regs that Trump signed off on.Here comes the 'blame Trump' crowd.
Hey dipshit...they had a liquidity problem. And liquidity problem occurred because of the change in regs that Trump signed off on.
That's just a fact
I guess you know more than Forbes huh?Nothing Trump did made them illiquid.
Not even a tiny bit.
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Wow! I'm quite impressed by how profound you thought you sounded saying that.
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We've had inflation for a year! Yes, GOP dereg is great!! Works every time arghhhh...this bank quadrupled in size in 4 years....just like the good old days of the 2000s arghhh...There was NEVER a hypothetical stress test that questioned the effects of a sudden and dramatic rise in interest rates.
Last years test...
View attachment 766188
There is more at the link.
Every stress test so far is an economic downturn of some type ... a scenario where owning US Treasury Bonds would be a winning scenario.
In fact...the design of the Stress Tests themselves reinforce the security of owning Treasury Bond.
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Bank of America : 2022 Dodd-Frank Act Annual Stress Test Results
Bank of America 2022 Dodd-Frank Act Annual Stress Test Results Supervisory Severely Adverse Scenario June 27, 2022 ...m.marketscreener.com
I thought biden was president.....so I guess trump i still president then????????We've had inflation for a year! Yes, GOP dereg is great!! Works every time arghhhh...this bank quadrupled in size in 4 years....just like the good old days of the 2000s arghhh...
Do you ever get tired of being wrong?We've had inflation for a year! Yes, GOP dereg is great!! Works every time arghhhh...this bank quadrupled in size in 4 years....just like the good old days of the 2000s arghhh...