We got a bank collapse y'all

General_Zod

OT Supporter
May 16, 2010
1,954
Orlando
If you own money to the banks, do you still have to keep on paying them?
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Camaro3800

I show up once a year
Aug 14, 2000
4,705
So Cal
Not defending banks.. defending the wider economy from a major bank failure (or multiple probably)


Send the execs to prison, IDC
Send them to the federal “pound me in the ass” prison. Not the health spa center with their own room.
 

Simius The Monkey

Long Live The Republic
OT Supporter
Sep 7, 2005
54,919
Minnesota
If you own money to the banks, do you still have to keep on paying them?
Yeah. The debts to the babies doesn't go away... Nor do the bank's obligations to the people they owe money to. From what I know the government steroids on and runs shit liquidating assets and continuing to collect debts while trying to use that money to pay off creditors and deposits and whatnot. Then, after all is said and done, of anything is left the investors who own stocks in the bank might get to split whatever is left over.
 

Blingin

OT Supporter
Aug 26, 2003
15,139
STL

The day for me today ended up being pretty boring. I spoke to a banker at a different branch and he said theyd been slammed all day,
I asked if it was because of the smaller banks having issues and he asked me what i was talking about, which means although he was busy, his clients werent there because of panic, and since he had no idea what I was talking about he has his head stuck way up his ass.
 

intro_vert13

fuck them kids
OT Supporter
Feb 26, 2005
35,026
an offshore haven somewhere
The day for me today ended up being pretty boring. I spoke to a banker at a different branch and he said theyd been slammed all day,
I asked if it was because of the smaller banks having issues and he asked me what i was talking about, which means although he was busy, his clients werent there because of panic, and since he had no idea what I was talking about he has his head stuck way up his ass.
yes but does your CRO have an accounting/finance degree?
 

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