- Joined
- Sep 28, 2022
Edit: If it just black screens, check your graphics card as that might be dying. Could be the mother board though.
To put 69 into witness protection you'd just need a good belt sander first.
To put 69 into witness protection you'd just need a good belt sander first.
SVB also did some incredibly dumb shit where they went hard on long term bonds at historically low interest rates a couple years back assuming that rates wouldn't rise which was insane in itself. Then they proceeded to replace their head of risk, and for whatever reason reduced or completely dumped their hedge that was supposed to protect them from the risk of rising interest rates. It was a cascade of retarded decisions.SVB was insolvent as of last year when this was being reported. What's interesting is that this run on money could have been solved by internal bank loans with their assets being used as leverage but they probably were cut off due to not solving this issue a long time ago. People on the inside knew it was a disaster.
This is very true, if there has been a scam in the last couple of decades, Credit Suisse has been hit by it, whether it's Greensill or Archegos they just kept piling up dumb shit.Credit Suisse has always been a problem. I think at this point, Switzerland just wanted this shady bank to go away. They bailed it out to stabilize it enough that it could be taken over by UBS. The Saudi thing was explained by @Retink Retunk
Last edited: