Oh right. Thanks LeeLau, I wasn’t up to speed on that but yeah you can feel how tight things are. Almost visceral for small to medium. There’s a...

Long term investments definitely slow down repricing. It’s less about a higher interest rate environment allowing for greater NIM, and more about...

I’d argue they had both, until they made a decision to liquidate. They knew exactly what they had in re: unrealized losses and liquidity, and they...

That seems like bullshit. We have three little towns where I live. Rich town, middle class town, and poor town. Property taxes in poor town are way...

The whole point of all of it is to fairly and accurately represent the financial position of said company. For a bank, with a large and stable...

How would MTM have helped them, though? Because they had plenty of capital and strong enough earnings to be just fine. Do you really think they...

No, I’m losing value. I don’t lose any dollars. It’s just a balance sheet entry either way. Not blowing away my capital doesn’t mean I’m not paying...

Impairment, sure, but if principal balances are guaranteed why should anybody have to write off all their capital just to recover it until maturity...

Why?

I wonder what the exec team bonus structure looked like? They didn’t NEED capital by any measure, and they didn’t really NEED the earnings potential...

Yeah, like I said. Whatever makes you feel better. Neither earnings nor capital killed them - both were adequate and they could have ridden out...

I appreciate the discussion… much of this is outside of my wheelhouse. I know you’re speaking generally, but what killed SVB wasn’t really...

I’ve more or less knocked it off entirely. Too much anger and offense in the world. I’m trying to do a better job of not pushing buttons. I did send...

Asset/deposit growth is a different sorta thing. Some really interesting times where the levers to control growth all sorta stopped working. If...

Anecdotally: investments that an FI could hold on their balance sheet were few and far between for a while there. Smaller players would swing at a...

That’s why you have to avoid the Red Delicious. Why do they even sell those??

Sure, and the other side of this coin is a double whammy for teenagers wanting to drive, where they don’t NEED to occupy the same physical space to...

They have to start taking the production seriously then. I’ve been watching and enjoying the events, but they obviously aren’t comparing themselves...