Stock Market is ROCKING

The #1 community for Gun Owners in Indiana

Member Benefits:

  • Fewer Ads!
  • Discuss all aspects of firearm ownership
  • Discuss anti-gun legislation
  • Buy, sell, and trade in the classified section
  • Chat with Local gun shops, ranges, trainers & other businesses
  • Discover free outdoor shooting areas
  • View up to date on firearm-related events
  • Share photos & video with other members
  • ...and so much more!
  • smokingman

    Grandmaster
    Rating - 100%
    2   0   0
    Nov 11, 2008
    9,273
    149
    Indiana
    Peasants we do not need your money(odd flex,but I highly doubt it is actually a true statement lol).
    This was 3/23/2023

    Charles Schwab Corp's (NYSE:SCHW) chief executive officer pushed back against concerns that it may become swept up in a crisis engulfing the banking industry, saying in an interview with the Wall Street Journal on Thursday that the financial services firm could still operate even it were to lose most of its deposits.


    According to the report, CEO Walt Bettinger said there would still be a "sufficient amount of liquidity" available if all of its deposits in its banking unit disappeared. The company, he added, would not have to "sell a single security."

     

    Destro

    Master
    Rating - 100%
    4   0   0
    Mar 10, 2011
    3,890
    83
    The Khyber Pass
    Might want to download and read. It may have been a 175mil deal,but the assets it manages are worth far more. After the collapse it is likely one of the most valuable parts of CS. Last report posted it alone paid 2519284 in THOUSANDS just in taxes(link below). 4302 line 9.
    They want to fire Klein, the clients aren't at risk for UBS. Klein is the ultimate loser.


    1679589624984.png
     

    smokingman

    Grandmaster
    Rating - 100%
    2   0   0
    Nov 11, 2008
    9,273
    149
    Indiana
    They want to fire Klein, the clients aren't at risk for UBS. Klein is the ultimate loser.


    View attachment 264898
    It will likely take months to close the UBS CS deal,without even looking at Klein. It probably will eventually close,but the idea it is a done deal is far from the truth. Article from today.
     

    thompal

    Master
    Rating - 0%
    0   0   0
    Sep 27, 2008
    3,545
    113
    Beech Grove
    There was a specific law created in 1992. See post above this one.
    The affordable housing law required Fannie and Freddie to meet government quotas when they bought loans from banks and other mortgage originators,most of those loans were subprime

    Wasn't that Barney Frank's baby?
     

    ditcherman

    Grandmaster
    Site Supporter
    Rating - 100%
    22   0   0
    Dec 18, 2018
    7,609
    113
    In the country, hopefully.
    /
    ^Here's the link to Banksonthebrink, mentioned above.
    I'm not smart enough to know how to interpret all the data, but I'm smart enough to know that the screenshot in the twitter post linked above has been manipulated to show three well known American banks on the list of 6.
    The site allows you to sort by the headings on the top, and you get this look by sorting by 'CD5' whatever that is.
    The actual rankings are on the far left, there are 473 banks listed, and sorting by CD5 does not appear to be the default way to sort it.

    Maybe it's doom, maybe it's doomsturbation.
     
    Top Bottom