AdamN

59 ms·

811.
by AdamN 4y ago
I would say 'yes'. Banks should start offering fully insured accounts (maybe they already do) and those accounts should cost more and possibly have different liquidity profiles.
812.
by AdamN 4y ago
They didn't change any rules - they just followed the processes they already had - which was to declare the bank systemically important.
813.
by AdamN 4y ago
> In the past we had barely no movement in comparison with today People used to be highly mobile (and continue to be). The Americas were settled by millions of Europeans and Africans before the United States even became a country. Sou
814.
by AdamN 4y ago
For fabs it seems like just a bit outside of a city is the optimum location. Chandler (Phoenix) for Intel's new fab and outside of Portland for the other US ones. I expect it's similar in Taiwan and South Korea. Side note but is
815.
by AdamN 4y ago
Somebody else will make it sound empathetic /s
816.
by AdamN 4y ago
It incentivizes people to invest more. If you know that even after 4 years of time you are still only 60 days away from deportation you likely won't put down as much of an investment in the country.
817.
by AdamN 4y ago
Hopefully we can change that in the future - people have been displaced over the centuries (and worse) but what you're saying is such a 20th century phenomenon that I'd like to see us move forward to better structures.
818.
by AdamN 4y ago
Seems like lawsuits against YouTube waiting to happen - this should at least be called out in the material risks section of Alphabet SEC filing.
819.
First Republic Trading Halted(nasdaqtrader.com)
2 points by AdamN 4y ago|0 comments
820.
by AdamN 4y ago
Yeah, the corollary would be roads where the pedestrian has to walk on the road and there is no separation. That does exist in extremely rural areas and very old town centers - both of which are mostly ok because they demand the car go ext
821.
by AdamN 4y ago
Red light jumping and 'creeping' into the crosswalk is a real sign of a reckless driver - so much more so than speeding.
822.
by AdamN 4y ago
You mean the people who no longer have a job, have an asterisk on their resume, had all their RSUs/options wiped out, and have to find a new job in a down market? Are those the ones who will not be held responsible? Oh maybe you meant
823.
by AdamN 4y ago
SVB still has employees that are apparently going to continue to get paid for a number of weeks (years for the ktlo people probably). The creation of a separate entity for all the assets makes me think that they've separated the two a
824.
by AdamN 4y ago
So you're saying they're just raising an existing tax by that logic (since FDIC is already using this mechanism and all banks already pay into it for the base FDIC insurance)
825.
by AdamN 4y ago
Would be nice mash with the OG lofi: Music for Airports by Brian Eno
826.
by AdamN 4y ago
It's also protected in Germany by Datenschutz I believe.
827.
by AdamN 4y ago
Ok I think I get it now. The UK regulator seized the bank and the accounts and sold both to HSBC. The US regulator just seized the accounts, which have now been backstopped fully, and the SVB bank itself is just operating for a while long
828.
by AdamN 4y ago
The Fed will accept treasuries as collateral for face value loans to banks for 1 year as part of the announcement. The losers here will be bank shareholders (of underwater banks) because they will need to dilute themselves to make up the d
829.
by AdamN 4y ago
Bank customers will pick up the bill. There are actually a large number of US residents that aren't bank customers or are too small to meaningfully increase fees on. This will cost money but it will be smeared out across businesses a
830.
by AdamN 4y ago
They're worth alot - I haven't seen any indication that they're more than 10% underwater. Even 20% underwater is much more than 'not be[ing] worth very much'
831.
by AdamN 4y ago
The really rough part about HN is the low level of knowledge about how governments and politics work. It's ok to judge these outcomes harshly but many commenters here intermingle their judgements with their mental models that seem to
832.
by AdamN 4y ago
Did this require negotiation with SVB HQ leadership or the FDIC or are these national subsidiaries wholly independent and can do this on their own (i.e. is there a CEO of SVB UK and a board that has these rights?)
833.
by AdamN 4y ago
This could become a self-fulfilling prophecy but also it's a generally very well regarded bank so possibly somebody with deep pockets gets a fantastic deal on a major commercial bank.
834.
by AdamN 4y ago
USA Today is the moderator ... and they do a poor job so I muted the entire 'sub'. USA Today is not an analogue for the user.
835.
by AdamN 4y ago
Oh yeah - that's a big issue. Lots of big civilizational achievements were happening in what became the Islamic world before Islam became dominant.
836.
by AdamN 4y ago
What domain of programming are you in that this is a common item of work you need to do?
837.
by AdamN 4y ago
Yeah, some recruiters are going to keep recruiting until they're fired. There's always a chance that somebody needs a warm funnel and then they'll be the ones kept around when the others are laid off.
838.
by AdamN 4y ago
Funny I heard the same thing about the US but it was French that lost by one vote.
839.
by AdamN 4y ago
I can't think of anybody giving short shrift to the achievements of civilizations predating Islam: Rome, Ancient Greece, Ancient China, Mesopotamia, Egypt, and many more civilizations are all commonly referred to as having made major a
840.
by AdamN 4y ago
Developers and designers - I don't think customers are the target audience.

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