vba616

55 ms·

571.
Moody's withdraws Twitter's ratings due to insufficient information (11/18/22)(moodys.com)
17 points by vba616 4y ago|6 comments
572.
by vba616 4y ago
"The ratings have been disclosed to the rated entity or its designated agent(s) and issued with no amendment resulting from that disclosure. These ratings are solicited."
573.
by vba616 4y ago
People have been expressing surprise about this issue with computing machinery for 200 years.
574.
by vba616 4y ago
If you don't have immediate financial pressures, then I would definitely suggest focusing on volunteering. Nothing can really substitute for working on something you care about, and being around people who share that.
575.
by vba616 4y ago
I mean, the responses here seem like people are unaware the same thing was (reportedly) done with the first round of layoffs. Not that that really changes anything, but it doesn't seem like new news. And while I don't intend to de
576.
by vba616 4y ago
Why assume he's trying to save it and is completely incompetent, rather than trying to destroy it? I see some people in denial that he's feeding Twitter into a woodchipper, and other people willfully ignoring all his past activiti
577.
by vba616 4y ago
I disagree with the people (not specifically or only you) who are focusing on things like how employees may feel about Elon, how they should feel, and how they feel about his statements about the future of Twitter. It seems like a striking
578.
by vba616 4y ago
That's not terribly helpful if someone is trying to decide whether to seek a job that leaves them significantly underemployed. Like, should you stock shelves at Target, or not? If you do, what do you tell people when you apply for a so
579.
by vba616 4y ago
As to what I wrote, the output is commonly measured in financial terms, isn't it? And in theory, the output is equal to one's income, or the value added. https://en.wikipedia.org/wiki/Gross_domestic_produc
580.
by vba616 4y ago
Productivity is said to be "the ratio of a volume measure of output to a volume measure of input". If workers are getting more and producing the same, how can their productivity not go down?
581.
by vba616 4y ago
I don't know anything about the topic, but there may be decimal standards that are part of IEEE 754? https://en.wikipedia.org/wiki/Decimal64_floating-point_forma... "formally introduced in the 2008 version of
582.
by vba616 4y ago
Isn't an increase in pay a drop in productivity by definition ? It's not clear that people are actually being paid more after inflation, but assuming they were...
583.
by vba616 4y ago
Every company is fucked up in a different way, even though they have many similarities. (Echoes of Anna Karenina)
584.
by vba616 4y ago
>So IMO, “they’ve always been this bad” Vass you dere, Charlie? [1] Misinformation/disinformation may, I suppose, have always been pretty much this bad, but the writing quality and intelligence in the mainstream media was not. &quot
585.
by vba616 4y ago
Friedman or Friedberg? When calling for violent reprisals against people with common names, you should at least make sure it's the right one.
586.
by vba616 4y ago
Call National Review crap, get downvoted. Noted.
587.
by vba616 4y ago
>They don't make anything real so in order to feed into the ponzi, they pay celebrities to endorse. That's not what I read. I read that Brady and his ex-wife invested in FTX. I wouldn't assume that the celebrities are al
588.
by vba616 4y ago
Instead of reading crap on the internet, I recommend this classic book on colonialism in Africa: https://www.amazon.com/Things-Fall-Apart-Chinua-Achebe/dp/03...
589.
by vba616 4y ago
Gensler has been taking the position that it's all garbage and illegal, hasn't he? That may be a problem, but it doesn't jibe with this article. Somebody said, you know, the SEC can't arrest people.
590.
by vba616 4y ago
Gensler seems to want the industry to die. The SEC is abdicating any role to properly regulate the industry even while he says they have the right to. They are failing at promoting trustworthy and valid businesses, but it's "kind
591.
by vba616 4y ago
>nothing to do with the amount of deposits "Assets = Liabilities + Equity" <-- should "L" be in here or not? The ratio of assets to capital is limited to prevent levering up to infinity, ok. But if the liabi
592.
by vba616 4y ago
>They are creating money only via lending, and there are laws regarding how much they're allowed to lend out (called reserve requirements). I thought "reserve" literally meant to set aside part of your assets. If I have to
593.
by vba616 4y ago
>A $100,000 mortgage creates a -$100,000 position on the bank's liabilities list On a financial statement of a real, 120 year old bank on sec.gov, loans are in the asset section of the "Consolidated Statements of Condition&quot
594.
by vba616 4y ago
If I had a billion dollars, I'd ignore what the billionaires are doing with philanthropy and the EA crowd alike. I'd go here and in seconds it would be gone: https://www.pay.gov/public/form/preview/p
595.
by vba616 4y ago
Don't you have that backwards? My mortgage is the bank's asset . My checking or savings account is the bank's liability.
596.
by vba616 4y ago
From April of this year: https://www.bloomberg.com/news/articles/2022-04-25/sam-bankm... I don't know how to reconcile this with the comments people are making. He didn't sound like he was under ill
597.
by vba616 4y ago
The phrase already existed. If there was no more to it than you could immediately guess from the words, then it would be a useless term.
598.
by vba616 4y ago
Are you saying that fractional reserve banking should be illegal, or that insolvent banks should be illegal? I think the second one already basically is. Or at least with a real bank, they get shut down and the FDIC bails the depositors out
599.
by vba616 4y ago
There is a transcript out there where Levine was talking to "SBF": "Matt: (27:13) I think of myself as like a fairly cynical person. And that was so much more cynical than how I would've described farming. You're ju
600.
by vba616 4y ago
https://en.wikipedia.org/wiki/Flooz.com "In 2001, Flooz.com was notified by the Federal Bureau of Investigation that a Russian-Filipino organized crime syndicate used $300,000 worth of Flooz and stolen credit card

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