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SWBTATTReg

(26,456 posts)

1. I hope that they do a better job in watching these 'on-the-edge' banking firms, but w/ the cutbacks

Reply to BumRushDaShow (Original post)

Fri Apr 28, 2023, 12:40 PM

Apr 2023

in regulations by tRUMP, I don't know. tRUMP screwed up so much stuff. Personally, IMHO, the bank operators knew that interest rates were going to eventually rise someday (been stuck at low levels for what seems like forever). They didn't even from what I understand even have insurance for when the market went against them, that cocky (and it killed their investments).

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Fed report on SVB collapse faults bank's managers -- and central bank regulators [View all] BumRushDaShow Apr 2023 OP

I hope that they do a better job in watching these 'on-the-edge' banking firms, but w/ the cutbacks SWBTATTReg Apr 2023 #1

No mention that SVB lobbied against regulations that would have prevented this? Probatim Apr 2023 #2

I don't know if any of them read the full report yet BumRushDaShow Apr 2023 #3

The 2018 change was the result of SVB's lobbying efforts - wasn't like the FED just said Probatim Apr 2023 #4

It wasn't just them BumRushDaShow Apr 2023 #5

Thanks for posting that - much better background than my offhand comments on the subject. Probatim Apr 2023 #6

You're welcome BumRushDaShow Apr 2023 #7

You're welcome - and I think your comments about the "Martha Stewart treatment" is a little amusing. Probatim Apr 2023 #8

You are exactly right BumRushDaShow Apr 2023 #9

"But they were woke," James Comer Yo_Mama_Been_Loggin Apr 2023 #10

Tighter supervision of [executive] compensation IbogaProject Apr 2023 #11

I've got a lot of thoughts about bank regulation, snot Apr 2023 #12