Welcome to The Platinum Board

We are a Nebraska Husker fan community. Please either login or register for an account

  • Welcome to The Platinum Board! We are a Nebraska Cornhuskers news source and community. Please click "Log In" or "Register" above to gain access to the forums.

Stock Market/Investing/Day Trading/Speculative Trading Thread

I've always wondered what happens to these people. Probably insider trading, but what if it was just some convoluted hedge, or some retard trading options that got lucky?

All I know is I've had a couple times where a client had some big stock movement and I got an email from SEC/FINRA enforcement with a list of names asking me to confirm whether I had any knowledge of who they were and whether I was related to them at all. Lot more data tracking in that field than you'd guess.
 
"Don't these peasants know that bailouts are for the rich?"

8TLts00.jpeg
 
Washington, DC -- The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:

Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.

After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.

We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority. All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer.

Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.

Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors.

The U.S. banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry. Those reforms combined with today's actions demonstrate our commitment to take the necessary steps to ensure that depositors' savings remain safe.

 

Theme customization system

You can customize some areas of the forum theme from this menu.

  • Wide/Narrow view

    You can control a structure that you can use to use your theme wide or narrow.

    Grid view forum list

    You can control the layout of the forum list in a grid or ordinary listing style structure.

    Close sidebar

    You can get rid of the crowded view in the forum by closing the sidebar.

    Fixed sidebar

    You can make it more useful and easier to access by pinning the sidebar.

  • Color combinations cannot be used

    Color combinations are not available to you, this area may be restricted by administrators. Please contact the administrator for more information.

    Color gradient backgrounds
Back