It could also go to $0

They were making money before, they will make less money going forward and potentially even lose money. Loan rates are already much higher, even for good customers. Their customer base really isn't subprime and I don't think regulators would be pleased if they started taking on more risky loans heading into a potential recession

Who knows if FRB is going to make it, not me, but asserting that they need to be able to loan at 5% over what they are paying depositors is nonsensical

As for hearing about them liquidating, no they definitely don't give me a call and tell me if they do.

Supposedly $70B

$30B from new deposits, they also had cash and other assets

They earn interest on their $160B loan portfolio as well

Two entirely different things dude and banks have LONG keep deposits that pay less than people could get elsewhere. Not a new phenomenon.

They don't "owe five percent on the $70B in deposits that are gone", you don't owe money to people who pulled their deposits so no idea what you really mean

Banks have to be profitable, check.
Banks make a profit by charging more in interest on loans than they pay to borrow the money as well as fees and other charges, check.
That difference doesn't need to be 5%.

Weird analysis that thinks because the bank is paying 5% to borrow from the Fed that there needs to be a 5% diff between the prime rate and what they are paying to borrow from depositors.

Literally no connection between the two.

That isn’t investing, go to Vegas if you want to gamble, you’ll get some free drinks and maybe a free room and buffet

Stays just report card balances not whether the statement balance is paid in full every month

So you can have credit card debt but not be carrying it month to month

He probably meant carrying a balance

You are vested, it doesn’t matter when Fidelity gets their records updated

Mortgages are no usually simple interest loans, doesn't matter if you pay 10 days early or 10 days late, the interest is based on the due date not the date you pay.

Like any good crook, he'll just take the 5th 937 times

He just needs to delay until this Congress is out of session

But yes, Oreo Thomas is Trump's step and fetch it go to house negro

Trump needs to fuel up his jet and join SBF down in Argentina, permanently

You just keep on thinking physical stuff costs are the same as services like internet service

Lol, fighter jets cost real money to make, incremental cost of internet service on Starlink is very low

>level of service being provided the Ukrainian Government
>
> cost $2500 mont

It doesn't cost SpaceX $2500/mo

SpaceX is not providing hardware for free (like your F35's from Lockheed analogy). More akin to Lockheed saying they can use some software package Lockheed usually charges $1000/mo for at no charge, with that software package use creating some relatively small additional costs to Lockheed in terms of bandwidth.

You conflate cost with what they want to charge

The incremental cost for supporting those terminals is much lower than $2500/mo

Yes you are gambling

That’s Kanye

They owe you wages plus penalty at this point

https://www.dir.ca.gov/dlse/faq_waitingtimepenalty.htm

Musk should put in a $54.20 offer now

There is more than one score type at any one credit bureau

There is not a single Experian score

Which doesn’t mean the dealer wasn’t lying but they might not have been

Go work your own financing, car dealers are looking out for themselves

There is no one credit score, you auto loan score very well could be lower, won’t count a loan you had 10 years ago

Whooooosh

Don’t take it too seriously