Comments by wld4tatas (page 21)

^ Another copy and paste from Truth Social? You forgot to mention the exception to the statute of limitations Bragg is using under New York law. I have to think Trump's arrogance is a factor in all of this too. He insulted Daniels with names like "horseface", called Bragg a racist, and badmouthed Cohen after he became the fall guy for Trump. Trump is an arrogant and vindictive person, among many other things, and it's coming back to bite him.

^ More copy and paste from Truth Social ? I guess these kind of talking points might resonate in a right wing bubble. But anyone with half a brain can figure out this is one sided and SVB had Republican depositors, small business owners, etc. and that the idea this was motivated by helping Dems and the Chinese is crackpot.

The Trump Organization was found guilty on multiple charges of criminal tax fraud and falsifying business records last December. The upcoming indictment appears to be another example of fraudulent record keeping by Trump. Maybe not a big deal to some, but anyone who believes in the statement "America is a country of laws" - often repeated by Republicans including Trump himself - would have to acknowledge the merit of this case. Personally I would rather see Trump go down for something bigger, such as the obstruction to return classified documents and attempts to overturn the 2020 election.

Good luck getting enough votes. I admire your enthusiasm but this is too much work, and most guys haven't been to more than a few of these clubs. A lot of voting will be completely arbitrary, and might be tilted towards states where more voters reside. I would have done it very differently. Allow each voter 5 votes. At least TWO of the five must be from a different state than where the voter lives. All clubs must be given a grade between 1-10 in each of the following three categories: dancers, dances (includes mileage), and overall experience.

Stagflation requires high unemployment. Since unemployment is near a 50-year low and there are no strong indicators of a coming sharp rise, the case for stagflation is weak at this time.

Tetra I do believe there is merit to the opinion that the 2018 deregulation under Trump may have been a factor, but we can agree to disagree on that. As far as Republicans I think my earlier comment was clear, and I hope you will agree with me on this: "Republicans trying to connect this bank failure to "woke" policies are taking Americans for idiots."

Sharon Stone was out there raising money for cancer research - good for her. That's doing more for the world than your dumb bullshit on TUSCL, scrub... as entertaining as it might be though.

Politifact and similar sites base their assessments on published data and other publically verifiable sources, as well as opinions from experts in the field. They may or may not have a bias, but their assessments have far more value than most opinions on social media and discussion boards. Once again Tetra your dismissals are rather amusing. That last one quoted Hilary Allen, a Professor of Law at the American University Washington College of Law who teaches courses in Banking Law and Securities Regulation.

Frank was on the board of Signature Bank, not Dodd. He's biased because he supported the 2018 deregulation, so of course he's going to say it wasn't a factor in SVB's collapse. It's a documented fact that Dodd-Frank increased costs for banks. Compliance costs involved increased numbers of compliance officers, lawyers, consultants and audit support. While speculation, it's very plausible this increased level of scrutiny and oversight could have led to better risk management and different decision-making, lowering the odds of a bank run. Tetra is pointing to capital ratio data as evidence that Dodd-Frank would not have mattered, but that's just speculation too. Instead of relying on strip club board posters, we can look at what unbiased, independent experts in banking regulation have said: "While it is impossible to say categorically that legislative rollback equals the bank’s collapse, it does seem that it made it more likely." (https://www.politifact.com/article/2023/mar/13/what-caused-silicon-valley-banks-downfall-rewritte/)

^ Weird

On the other hand: Former Goldman Sachs CEO: Notion that SVB failed because of diversity is 'laughable' https://www.cnn.com/business/live-news/stock-market-svb-inflation-ppi-031523/h_1eb0d4f93dc38c0615760aa1f6bb6ed4

Tetra your last post was well-written and I agree with most of it. I also said 4 days ago this was about poor risk management. But I'm not buying your quasi-dismissal that Dodd-Frank might have been a factor. Just the mere fact of being under increased regulation and scrutiny makes it plausible SVB might have done some things differently. For example, not going most of 2022 without a chief risk officer; having more compliance officers, lawyers and consultants who might have helped identify and manage risks better; more audits, etc. We can't know for sure, but it's not unreasonable to say that Dodd-Frank might have helped reduce the likelihood of the sequence of events that took down SVB.

@rattdog - the "haha" at the end of the sentence is a clue that it's a joke I don't want an I&D program on TUSCL.... I would miss scrub calling people CUM GUZZLING TWATS (in caps of course). I also have zero interest in the trans stuff, despite what you may hear on right wing media. That topic is covered 100X more there than on left leaning media. It's part of the right wing brainwashing crap to create associations between left/Dems and foreign/immoral/incompetent/failure/enemy.

BTW this article explains how the Republican-led Dodd-Frank rollback in 2018 was a likely contributing factor to the failure of Silicon Valley Bank. And it dismisses as essentially ridiculous the idea that DEI / ESG policies, being peddled by the likes of Ron DeSantis, had any role. Republicans trying to connect this bank failure to "woke" policies are taking Americans for idiots. Was Silicon Valley Bank demise caused by Trump easing regulation, 'woke' efforts, or something else? https://www.politifact.com/article/2023/mar/13/what-caused-silicon-valley-banks-downfall-rewritte/

From the NY Times article back in 2018: "“It’s a bad bill under the guise of helping community banks,” Representative Nancy Pelosi of California, the Democratic minority leader, said during debate on the House floor on Tuesday. “The bill would take us back to the days when unchecked recklessness on Wall Street ignited an historic financial meltdown.”"

I have concluded that TUSCL does not have an inclusion and diversity program haha CJ I don't quite agree with the quote, mainly the word Education. Better would be: Maturity is the ability to listen to almost anything without losing your temper.

^ Glad you're a fan, I'll keep posting on the political threads It's actually the stream of derogatory posts from several right wingers on this board that continue to bring the level of discourse down.

>I, on the other hand, showered and shaved, put on fresh clothes, and Ha I can relate, I've done that countless times after a late night arrival. Though not in Asia where I don't usually travel. It's impossible to lie in bed and fall asleep when you're wondering what beauties you might be missing out on just a short distance away.

>Any of you twats that are blaming trump - remember in 2018 - the HOUSE (DEMS) and SENATE (DEMS) passed bills - trump merely signed what the DEM controlled congress wanted - it was a bipartisan bill. desertscrub proves YET AGAIN why he has the lowest cred on TUSCL. Republicans controlled both the House and the Senate under Trump in the 115th Congress from Jan. 2017 to Jan. 2019. May 22, 2018 "WASHINGTON — A decade after the global financial crisis tipped the United States into a recession, Congress agreed on Tuesday to free thousands of small and medium-sized banks from strict rules that had been enacted as part of the 2010 Dodd-Frank law to prevent another meltdown." https://www.nytimes.com/2018/05/22/business/congress-passes-dodd-frank-rollback-for-smaller-banks.html

I can't help thinking about the ESG factors that mark posted about. Clearly, organizing an LGBTQ event is a huge distraction to the real risk management work that should have been happening. Since ESG initiatives are common in large companies including major US banks, we could be headed for a complete financial meltdown. I'm sure mark will be moving all his assets to cash in preparation.

I saw this show as I was flipping through the channels on the treadmill at the gym. The show looked pretty stupid, but I watched for a bit because of the Harley Quinn chick. Didn't realize it was Jenny McCarthy lol, she looked good

Poor risk management by a financial institution, we've seen it before.

Florida Sunshine Law, not Sunshine Act which is a federal law covering physician payments. Good luck on the date. What numbers are we talking if you don't mind sharing?

Tons of deflection, as expected. MSNBC... Biden... Ted Kennedy (really?).... inflation... you guys forgot Hunter's laptop too. I can understand though, this is a rough story for the right. Gammanu I realize this is a small number of individuals at Fox News, but it's these guys that get most of the attention and are the most influential. I like Brett Baier, I've rarely seen him engage in spin. Maria Bartiromo, nope not any more. She used to be better, but she's promoted some of the bullshit on Fox, including the bogus election fraud story. I'm sure there are other good journalists at Fox, but it's the slick fraudsters and hucksters on the opinion side that get the ratings. I'll respond to your China question when you spell my name correctly and ask nicely. With the lies and deception from Fox News and Trump exposed further, a few big questions are: How many die-hard Fox News viewers are going to question more the network's credibility? How many die-hard Trumpers are going to question more Trump's credibility? How many die-hard Trumpers are going to stop watching Tucker Carlson?

Some of us have likely been with far more women than Tiger. I sometimes wonder if these super rich guys are aware of all the quality and quantity they are missing out on, because of their fame and lack of privacy.