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Matthew Yglesias @mattyglesias
One key point he made was that a lot of Trump-era deregulatory moves in the banking sector made this kind of thing more likely — everyone loves nimbleness and cutting red tape until they get bitten. https://t.co/9laaIH778l https://t.co/RVfTKQtWR0 — PolitiTweet.org
Matthew Yglesias @mattyglesias
Sorry, this chart proves you need to lose your money. https://t.co/LaIQCYXFtT
Matthew Yglesias @mattyglesias
Martin Gruenberg who is now Chair of the FDIC gave a speech in 2019 (when he was a mere board member) about the logistical and policy considerations involved in a hypothetical failure of a large regional bank. https://t.co/vtXhLNuDaH — PolitiTweet.org
Matthew Yglesias @mattyglesias
It is pretty funny to see people who touted Bitcoin as the cure for the coming hyperinflation taken by surprise by rising interest rates. — PolitiTweet.org
Matthew Yglesias @mattyglesias
Average Japanese/Korean corporate structure (this is not allowed in the United States) https://t.co/DUqKniGALb — PolitiTweet.org
Matthew Yglesias @mattyglesias
Mixing financial and non-financial companies is un-American. Go down this road and next thing you know you’re using the metric system and don’t have any peanut butter. https://t.co/i1VCMcFi9S — PolitiTweet.org
Matthew Yglesias @mattyglesias
@JonahCrane I suppose the banks could charge a negative interest rate on deposits and make money that way if this is really the service people want. — PolitiTweet.org
Matthew Yglesias @mattyglesias
@Wertwhile @MattZeitlin @JoePostingg SVB’s investments were liquid and marked to market, that was the whole problem — their market value went down. — PolitiTweet.org
Matthew Yglesias @mattyglesias
My kid has always been very anti-hug, would have done great 100 years ago. https://t.co/yw7bLFiCIT https://t.co/iqAegYSoTU — PolitiTweet.org
Matthew Yglesias @mattyglesias
@BenMullin @eringriffith I wish I’d known this was a scoop 😂 — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @hoovlet: Why do men outscore women in mental rotation? How do hormones affect appetite & sex drive? Is there a prob. w/ puberty blocker… — PolitiTweet.org
Matthew Yglesias @mattyglesias
Bonfire https://t.co/Vv2tULC0fV — PolitiTweet.org
Matthew Yglesias @mattyglesias
I guess his votes to privatize Medicare aren’t as great on the campaign trail. — PolitiTweet.org
Shelby Talcott @ShelbyTalcott
DeSantis got his biggest applause this evening in Iowa while discussing topics like: - Florida response to COVID -… https://t.co/7bLzpuSwV3
Matthew Yglesias @mattyglesias
After talking to two people and reading @matt_levine it seems like far & away the most likely scenario is someone buys SVB and makes all the uninsured depositors whole and nobody loses anything other than the shareholders. Screenshot to dunk in case we get cascading bank runs. — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @ne0liberal: Announcing the @mattyglesias Region! https://t.co/3TM0s9XxDJ — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @RobinWigg: Silicon Valley Bank is a very American mess. Ace stuff from @dsquareddigest https://t.co/ldGdxOXqI8 — PolitiTweet.org
Matthew Yglesias @mattyglesias
@MattZeitlin Yglesford Industries (dba Slow Boring) has a lot of annual subscriptions and pretty minimal recurring costs. — PolitiTweet.org
Matthew Yglesias @mattyglesias
These days more safetyism in the culture but also the suburban streets are full of what are objectively much larger cars/trucks/SUVs with worse sightlines and more momentum. — PolitiTweet.org
Matthew Yglesias @mattyglesias
Life in the 80s was wild … nowadays I think they’d give parents 20-to-life for letting a kid ride on the handlebars of an older sibling’s bike. https://t.co/U580JLrfre — PolitiTweet.org
Matthew Yglesias @mattyglesias
@DistractedAnna Excellent point — PolitiTweet.org
Matthew Yglesias @mattyglesias
Rich guy who’s mad because Biden’s economic policies have been bad for him personally but who needs to come up with something that sounds more high-minded. — PolitiTweet.org
Matthew Zeitlin @MattZeitlin
that the first big banking collapse of the rate tightening cycle is *literally* silicon valley bank and it happens… https://t.co/8Sf4VEavpv
Matthew Yglesias @mattyglesias
Arrange for SVB’s assets to be taken over by PrivatBank out of Dnipro. With 259 billion Hryvnia in assets they should be able to cover everything. — PolitiTweet.org
Sam D'Amico @sdamico
@mattyglesias they should bail out SVB but get the all in pod to pivot to pro Ukraine
Matthew Yglesias @mattyglesias
@jaycaspiankang Unfortunately this was a woke bank so no bailouts allowed https://t.co/rQ1M7XswpC — PolitiTweet.org
Matthew Yglesias @mattyglesias
Sorry, this chart proves you need to lose your money. — PolitiTweet.org
Matthew Yglesias @mattyglesias
I used to love this chart but I've come to think it's misleading — by being very selective in which categories of l… https://t.co/itVAyMqWZV
Matthew Yglesias @mattyglesias
If I ran the FDIC I’d be tempted to deliberately wipe out all SVB deposits over $250,000 and then halt contagion by saying I’m doing it that way specifically because the All-In podcast hosts are annoying but anyone else in need will be rescued. — PolitiTweet.org
Matthew Yglesias @mattyglesias
lmao everyone loves the free market and hates bailouts until it’s their money on the line https://t.co/SVlZVJt89U — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @Max_Fisher: Pretty wild email blast I just got from an online toy store. Promo code BANKRUN (!!) https://t.co/1qtnISSUS5 — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @franklinleonard: The most revealing part about this entire piece is an Oscar voting actor directly disparaging Viola Davis’s acting and… — PolitiTweet.org
Matthew Yglesias @mattyglesias
@Robert_t_Orr Interesting! Probably need some way to adjust for the lower initial level of spending. — PolitiTweet.org
Matthew Yglesias @mattyglesias
@aaronstrauss It seems like a huge obvious scandal waiting to blow up — PolitiTweet.org
Matthew Yglesias @mattyglesias
Because liberals have turned so hard against charter schools themselves, I don’t think it’s adequately recognized in liberal circles how different the current wave of “choice” ideas on the right is. — PolitiTweet.org