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phantomtrader
Forum:
Stocks and ETFs
March 13th, 2023, 10:07 AM
Replies:
65
2023 Bank Crisis and Meltdown: Silicon Valley Bank, Signature Bank, Credit Suisse ...
Views:
9,997
Posted By
phantomtrader
You may be right. I just tend to be more cynical...
You may be right. I just tend to be more cynical about this country and where it's headed.
Forum:
Stocks and ETFs
March 12th, 2023, 07:03 PM
Replies:
65
2023 Bank Crisis and Meltdown: Silicon Valley Bank, Signature Bank, Credit Suisse ...
Views:
9,997
Posted By
phantomtrader
That speaks to a lot of political influence. 90%...
That speaks to a lot of political influence. 90% of Silicon Valley are Dems. You bet they can't lose those votes.
Forum:
Stocks and ETFs
March 11th, 2023, 02:46 PM
Replies:
65
2023 Bank Crisis and Meltdown: Silicon Valley Bank, Signature Bank, Credit Suisse ...
Views:
9,997
Posted By
phantomtrader
You could have made a bet in Vegas that this was...
You could have made a bet in Vegas that this was going to happen:
"CEO of Silicon Valley Bank sold $3.57 million of stock in the troubled bank just TWO WEEKS before its dramatic collapse in...
Forum:
Stocks and ETFs
March 11th, 2023, 12:51 PM
Replies:
65
2023 Bank Crisis and Meltdown: Silicon Valley Bank, Signature Bank, Credit Suisse ...
Views:
9,997
Posted By
phantomtrader
Thanks. I hadn't read that yet. $250,000 is a...
Thanks. I hadn't read that yet. $250,000 is a drop in the bucket. You can't even open an account at SVB without a large deposit. I would wager 80% are at risk for a lot more.
Forum:
Stocks and ETFs
March 11th, 2023, 12:12 PM
Replies:
65
2023 Bank Crisis and Meltdown: Silicon Valley Bank, Signature Bank, Credit Suisse ...
Views:
9,997
Posted By
phantomtrader
Exactly. That's why I'm thinking they used the...
Exactly. That's why I'm thinking they used the bond portfolio as collateral, possibly borrowing from other banks to pay the bills.
Forum:
Stocks and ETFs
March 11th, 2023, 11:45 AM
Replies:
65
2023 Bank Crisis and Meltdown: Silicon Valley Bank, Signature Bank, Credit Suisse ...
Views:
9,997
Posted By
phantomtrader
SVB's business was start ups and risky tech...
SVB's business was start ups and risky tech investments. These companies will not be able to meet payroll or pay bills without their lines of credit. That means multiple bankruptcies coming up. ...
Showing results 1 to 6 of 6
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