I'm a cat. Spiritual lost sibling of @CitadelAir
Catnip City
Joined May 2021
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Wildest discovery of the week:
While Congress was putting some pressure on the CEO of TikTok - yelling at him it was all Chinese spyware stealing information from American citizens [...]
[...] The Pentagon had their documents leaked by a 21-year-old National Guard member, having top military clearance, access to vast amount of classified intelligence,...
...because the guy got gaslighted on a dare by a kid on a Minecraft Discord server.
CringleKitten retweeted
The banking crisis explained in 10 seconds. @tomkeene @jimcramer @FerroTV @lisaabramowicz1 @business @riskreversal @guyadami @carlquintanilla @ScottWapnerCNBC @CNBCFastMoney @dougkass @pboockvar
Nothing beats a liquidity injection disguised as an emergency loan to big banks, only for them to rescue their irresponsible little brothers.
$SIVB - Tech leaving Silicon Valley for a relocation in other states - I call it the "Californian Exodus."
They left their funds on auto-pilot and got screwed by pure negligence on top of strict monetary policy.
Credit Suisse has been potting around for years. Not surprised.
Jim Cramer says the Fed is on the cusp of a 'soft, safe landing' in its inflation fight cnb.cx/42gWHci
$SVIB in a nutshell -
The trust towards the US government making a decision before Monday, ensuring all depositors should get their money back.