cragfar

All that article is saying is they were hiring journalists.

The whole "Buzzfeed News is actually good" was pushed after they released the Trump dossier (which multiple other news orgs passed on) while including a statement basically saying "we haven't corroborated any of this, good luck". They were basically used as a dumping ground for "sources close to the matter" journalism which WaPo and CNN then could use as a source to make it look more legitimate (same with business insider).

Theoretically MM's can break the buck, there's only been like three cases ever, no one actually lost money, and even then worst case scenario they were only ~3% losses. That's why I mentioned SIPC insurance, the only real threat is the broker going under.

Yes they do. Do you think a company is going to set themselves for a best case scenario of breaking even? Or just take a 25% hit to profit unless they absolutely need to?

I just look at Wells Faro, and they have $900 billion in interest bearing deposits. With NI of $16 billion, just going up to 1% will wipe out 55% of profit.

Fidelity and Vanguard have "core" positions (all money goes into these) that are yielding 4.4-4.7%. They're money market funds so are covered by SIPC insurance. If you're looking to open up something for your kid, might as well just open one up for yourself as well.

The larger banks simply can't offer high interest rates due to the amount of their deposits. For example, JP Morgan Chase has yearly net income of ~$50 billion. The size of their interest bearing deposits is 1.6 trillion. So every 1% rise in savings account rates costs them $16 billion a year.

Cohen paid her, and then was reimbursed by a Trump Org.

New landlords can charge less since their purchase price will be lower. It hasn't happened in a while, but it can.

Of course they say that, but then life happens.

True, but even in cities that had affordable housing there was a decline.

That is part of it, but fewer people are getting married and having kids which was one of the main drivers for buying a home. And job hopping is more common.

> Companies deposited money in a riskier-bank

It's a top 20 bank that had passed all regulatory compliance and has been around for 40 years.

If the treasury allowed a bank run to wipe out depositors, every single business would be transferring funds out of their regional bank Monday morning.

You're not thinking what the most logical course of action would be for all companies that use regional banks. It would be to get your money out ASAP on Monday and into JPM or BOA. That's why the treasury has stepped in.

This is probably why they had to make this announcement. Regional banks were going to be a bloodbath tomorrow morning.

The FDIC can tell banks they need to pay more into it to cover the losses.

It's pretty embarrassing how many people thought depositors should be on the hook for this. A banking system where companies or people would actually lose money due to bank failures (especially one caused by a run on the bank) would just lead to people only using BOA, JPM, and some merged WF/Citi/whoever else.

FDIC took over the bank on Friday. There's no going back from that, the company is over and shareholders are wiped out.

I can't say specifically for tech startups, but a lot of times lenders will require you to use their banking services as a funding requirement.

> - Their Total Equity is around 13B (last balance sheet) -- that means if they completely dissolved and paid off all debts they would still have 13B on the balance sheet. Market Cap EOD 3/9 was 6.5B -- half of their actual asset value

They haven't written down all their bonds yet or seen what they could actually get for them. They only sold the AFS ones, they still have $117 billion in other securities.

Mark downs are partially what caused SVB to spiral.

Yes. EA responded to the always online complaints by saying the game couldn't possibly run offline due to servers processing information. It was then 0 day cracked showing it was a complete lie.

Hopefully his new plan to bail out universities and basically institute an unavoidable tax on the middle class gets scrapped too.

It started in the early 00s, but schools/media really started to shame boys for pursuing girls. Especially if the girls showed the slightest bit of resistance.

Boys are constantly chided for pursuing women all through school and the media. Getting denounced as creepy or weird. Actually following that advice will lead you to die alone though.

Firing usually implies you're being terminated for cause. Laid off doesn't.

That's how most treat it. Just go to any thread even 3 months old and 1/4th of the users are deleted.

Their NI was $1.2 billion and cash flow was -$2 billion. YoY their cash balance went down by $8, while debt only went down by $5.

I would assume the whole season is on it now, but as it was airing they removed the episodes. Personally, I just bought it on Amazon for $20 or however much it cost.

Why is it not acceptable for someone to lose everything when three different entities (probably more) say "hey you should do this".