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

What if it looks good while you’re just chasing what feels good?

But local brick and mortar is your only differentiator. It’s invest in local markets or resign yourself to everything eventually flowing to Chase....

Or a modernized reg D.

It’s an interesting quandary for sure. MA requires banks to carry excess deposit insurance, and it’s available to any bank, but if big banks get it...

Quibble: the $30b and/or holding BTFP borrowings in cash won’t do anything vis-a-vis capital requirements. If anything they grow the balance sheet...

Only if he wins.

I’ll pay $10,000 if he fights the chimp without falling or stopping.

My Corvus are chargers. Really like that ski. Haven’t been on any other model. But everybody loves the top sheet too, which is fine I guess.

Maybe. It’s more of a one year fully collateralized loan. I don’t think you’ll see a lot of banks using that source of collateral to fund lending...

I did this one recently. I start by searching Amazon for soccer ball, and then I read a couple reviews. And then I look at related soccer balls. And...

I almost didn’t include you, but that felt like singling out stale and this is TGR. Shit slinging isn’t supposed to be discriminatory. Also fuck...

Took a few days for me to be annoyed by this. Skiing last weekend… conditions were OK. Grippy and chargey. Took some air over a rollover and a...

Wow! Lots going on here! School lunch to the apocalypse. Love it! If the BTC shills could just accept that they hope to get rich off their digital...

Sorta. Unclear to me if they had to or just saw an opportunity to chase profits, I’m sure liquidity was a part of the discussion either way. $80B at...

As long as liquidity is managed and capital is adequate to bridge a low earnings environment it’s ¯\_(ツ)_/¯. Nobody was giving anybody credit for...

They’ll only be realized if they’re forced to sell, and they’ll only sell if it makes financial sense to do so OR if they have to liquidate...

I don’t think bank failures are anywhere near as common as schools, automakers, or medical facility failures. But I didn’t do my own research and may...

In small towns it helps you draw connections. I frequently tell people where I work, but I stay pretty vague on what I do just because that gets...

That feels like same crisis, different losers.

Ah. I’m not sure I truly believe in unlimited FDIC insurance, but I think the idea might have legs and make sense just because faith and trust in...

Because this wasn’t a short term play by a single depositor/investor? I’m not sure what we’re talking about at this point.

You raise a fair point, which is that the information needed to perform an independent ALM analysis isn’t publicly available. I’m not sure if model...

Yes, as I actually said. Even that one.

Because a bank won’t notice you parking a few billion, invest it immediately in long term assets, and then be shocked when you yank the cash a few...

That was mostly tongue in cheek. They might have to raise equity the old fashioned way, through retaining earnings….

Oh interesting. Where on the spectrum of sympathetic figures do bank investors rank, especially in relation to bankers themselves? I think it’s...

They aren’t the same thing, but you’re right that they can be both. What stops it? Reasonable ALM that recognizes the instability of large and/or...

Right. Rapid rise in rates has definitely stressed the system more than has been broadly appreciated. Pairing those rate increases with sources...

I dare say this was almost 100% psychological, or at least due to some basic misunderstanding. No? There seems to be a false equivalency afoot...