Brokerages DO NOT OWE YOU A FIDUCIARY RESPONSIBILITY (UNLESS YOU HIRED A INVESTMENT ADVISOR / Certified Financial Planner / etc)
When you come across a feel-good thing.
A glowing commendation for all to see
A golden splash of respect
A smol, delicate danger noodle.
- By - TherealMicahlive
JPMorgan shorted the London Metal Exchange out of $1.3 million using bags of ROCKS. Who's the bagholder now?
A glowing commendation for all to see
- By - glasses_the_loc
THE GAMESTOPSWAP DD
Gives 100 Reddit Coins and a week of r/lounge access and ad-free browsing.
I'm in this with you.
This goes a long way to restore my faith in the people of Earth
Listen, get educated, and get involved.
I can't help but look.
Shows the Silver Award... and that's it.
Gives 700 Reddit Coins and a month of r/lounge access and ad-free browsing.
Thank you stranger. Shows the award.
Can't stop seeing stars
Shows the You Wrinkled My Brain! Award and grants %{coin_symbol}100 Coins to the community. Exclusive to this community.
The more you know... Gives %{coin_symbol}100 Coins to both the author and the community.
Add my power to yours.
King
Shows the Smoothbrain! Award and grants %{coin_symbol}100 Coins to the community. Exclusive to this community.
A glowing commendation for all to see
Let's sip to good health and good company
Shows the Superstonk Award and grants %{coin_symbol}100 Coins to the community. Exclusive to this community.
When something new and creative wows you. Gives %{coin_symbol}100 Coins to both the author and the community.
When you follow your heart, love is the answer
2000 IQ
Gives 3 months of ads-free browsing, r/lounge access, and %{coin_symbol}700 Coins a month.
A smol, delicate danger noodle.
Shows the Computersharing Is Caring Award and grants %{coin_symbol}100 Coins to the community. Exclusive to this community.
Stop, chill, relax
I needed this today
I'm catching the vibration
C'est magnifique
Boldly go where we haven't been in a long, long time.
Shows the SUPERDIAMONDGRIP Award and grants %{coin_symbol}200 Coins to the community. Exclusive to this community.
Shows the Chair Man Award Award and grants %{coin_symbol}200 Coins to the community. Exclusive to this community.
An amazing showing.
A golden splash of respect
For an especially amazing showing.
- By - alwayssadbuttruthful
🔥🥔
- By - easymoneeybabe
HEY THAT'S US! We got a second cameo in the meeting. Background character for now, but wait until they unwrap the shit and see what's inside
A glowing commendation for all to see
Can't stop seeing stars
I'm catching the vibration
Boldly go where we haven't been in a long, long time.
- By - KarnoRex
How did we get here? Reviewing how Credit Suisse, a bank that lost $7.8 billion last year, is being rescued by the Swiss National Bank that lost $143 billion last year. Spoiler Alert: it's the Fed.
I needed this today
Can't stop seeing stars
Add my power to yours.
Shows the Superstonk Award and grants %{coin_symbol}100 Coins to the community. Exclusive to this community.
Thank you stranger. Shows the award.
A glowing commendation for all to see
When you follow your heart, love is the answer
I'm in this with you.
Listen, get educated, and get involved.
The more you know... Gives %{coin_symbol}100 Coins to both the author and the community.
- By - Dismal-Jellyfish
The Federal Reserve has deployed emergency measures to bail out the US banking system 4 times in the past 15 years & ZERO in the previous 66. Moody’s downgraded the entire US banking system outlook to negative. “This is the stuff of banana republics – not a financial system befitting a superpower.”🔥
A glowing commendation for all to see
- By - welp007
"Trust me bro From Redacted" What just happened? I contacted my broker and had a VERY weird conversation regarding loaning of shares...
A glowing commendation for all to see
- By - Affectionate_Use_606
A call to action against the 'backstops' being provided by the Treasury and Fed
A glowing commendation for all to see
I'm in this with you.
Did somebody say 'Murica?
- By - jasper1605
Computershare on Twitter: Update on limit orders
A glowing commendation for all to see
I'm in this with you.
Listen, get educated, and get involved.
A glittering stamp for a feel-good thing
Can't stop seeing stars
Boldly go where we haven't been in a long, long time.
- By - baberrahim
Fk tlry im not bag holdin this shit again
Internalization. Most buys are prob through brokers still :(
Lmao. “JP is a Fortress”. They ment “building”
No wonder they tried to punt ftd covering recently. The splivi must have been the five finger death punch. Amazing how money can buy them time but damn is it expensive lmao. A couple trilly for 84 years instead of paying out what is owed.
you can put the blame on me is a good song. Akon. Pay me l mao
bazzillion short positions that showed up on bloomberg once suggested their might be a huge swap with another party to pass the position around and not get forced to close the deal. aka delivering the shares they were short. it was theorized they were due after 2 years. with CS going bankrupt it might be that UBS has the hot potatoe now and when digging through CS derivate crap might discover they have to fill an obligation they cant deliver. aka closing thier swap aka a bazziliion shorts.
which starts this fuck show over until more pressure builds ?
In other words, the taxpayer buys Credit Suisse for 11 billion and sells it back to UBS for 2 billion, what a great deal.
Yup. Paid to take over
Wait what do you have a link to spesifics?
The link i found earlier and this behind pay wall said parts purchased fulled gaps in UBS products or geolocations. They did not buy it all and swiss gov said they would pay up to 9B in losses taken by UBS from this deal
So basically it is a cash sheet injection with no asset backing to make smooth brains think the problem is taken care of. This is just like the rrp as it seems the only real exchange happening is interest paid for the bailout to the fed even though everyone is broke and has nothing to actually use as collateral. This is fucking insanity
Lmao. Facility “unlikely” to be used by big banks. Bull fukin shit. We will c. Y did they feel the need to elaborate
Y cry to the drs holders when fed zipple free? Just fukn pay your bill jfc
This is not transparent and does not fix a problem. Bailing out the rich in Disguise of helping the common folk. SVB invested money they should not have. Secondly, “smart money” are the banks customers. They should know better than to keep all funds in one institution for this reason. They paid themselves millions in bonuses hours before the FDIC took over. The loan / bailout is not even a bandage for this. The interest rates increasing will kill it and other institutions are in literally the same if not worst position. Repealing Glass Steagul was ridiculously foolish and allowed greed to hyper cycle and use money taken through ppp on their balance sheets. All they had to do was keep employees and that is not even checked because it Is self reported.
This is not transparent and does not fix a problem. Bailing out the rich in Disguise of helping the common folk. SVB invested money they should not have. Secondly, “smart money” are the banks customers. They should know better than to keep all funds in one institution for this reason. They paid themselves millions in bonuses hours before the FDIC took over. The loan / bailout is not even a bandage for this. The interest rates increasing will kill it and other institutions are in literally the same if not worst position. Repealing Glass Steagul was ridiculously foolish and allowed greed to hyper cycle and use money taken through ppp on their balance sheets. All they had to do was keep employees and that is not even checked because it Is self reported.
The darkpools get drained every time a bank booms (the bank boomings DP). Their actual figures Loss/Gain/Positions are finally shown to parties not internal. Prob have SHF with collateral that just vaporized and is continuing to.
Ironic how they will pay its depositors when it is not fdic and the majority of the clients are institutions/businesses not mainstreet. Paying to cover their mess up again.
Maybe create a petition against bailouts and then we can sign it too? Im down for that. We have a few hundo thousand ppl sign it
Posted this last night and kept getting removed
PRESS RELEASES Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC March 12, 2023 WASHINGTON, DC -- The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg: Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth. After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer. We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority. All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer. Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law. Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. The U.S. banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry. Those reforms combined with today’s actions demonstrate our commitment to take the necessary steps to ensure that depositors’ savings remain safe.8:22 PM📷U.S. Department of the Treasuryhttps://home.treasury.gov/news/press-releases/jy1337
OMG
they are price capping! THIS IS TRASH
It is not the job of CS to help set pricing..