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That’s a cheap shot, does roku deserve a 470+m haircut?
by rekttrader 4y ago
That’s a cheap shot, does roku deserve a 470+m haircut?
- rekttrader 4y agoAlso they are 95% solvent as a bank... this too will pass.
- paulddraper 4y ago> deserve IDK what that word means, in a financial context. Can you get paid based on this "deserve"? --- But in reality, no, no one will lose 100%.
- JumpCrisscross 4y ago> does roku deserve a 470+m haircut Yes. Public company CFOs should not have this level of non-AAA counterparty risk concentration. (SVB were A1 and Baa1 [1] / A+ and BBB+ [2].) [1] https://money.usnews.com/investing/news/articles/2023-03-10/moodys-downgrades-credit-ratings-on-silicon-valley-bank-svb-financial https://money.usnews.com/investing/news/articles/2023-03-10/... [2] https://wolfstreet.com/credit-rating-scales-by-moodys-sp-and-fitch/ https://wolfstreet.com/credit-rating-scales-by-moodys-sp-and...
- VagueMag 4y agoI would like to know how I can get the $400K/year corporate treasurer job that's just "park all the money in a single bank account with no insurance."