It’s 100% real.
Archive link:
https://archive.ph/yc3FV
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And it was written by Chainsaw’s cousin apparently.
WSJ turning up that racism dial, the crowd is loving it!
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That’s quite the assumption that this is 4 people. Could easily be one Black LGBTQ vet and one cis het white vet.
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Lol, and my dad is still gonna tell me about how WSJ is actually the centrist, balanced newspaper
Dont forget a slighty below average number of women!
wow just straight up racism and sexism
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No bank ever failed until women got involved, that’s for sure. I assume.
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This is why you shouldn’t hire veterans.
of the 12 or so most senior people at my bank I think 3 are white men. They seem to be doing okay.
Better gtfo before it goes under, go woke go broke!
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Seems like there could be money in starting a hedge fund that only invests in companies with 100% white male executives. Just charge a nice hefty 2% management fee.
Never had bank runs until this wokeness showed up.
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Levine so good
One crude way that the actual US banking system deals with this problem is by letting banks account for their held-to-maturity bonds at cost on their balance sheet, but then making them explain, somewhere in the footnotes to the financial statements, their current market value.[[7]](file:///private/var/containers/Bundle/Application/C23C1937-F90B-4BC3-B4AD-D56461448795/Gmail.app/#m_-8275646911989458263_footnote-7) This feels like in some ways a fair compromise. On the other hand someone might read the footnotes! I mean, not most people. But someone might, and they might explain the footnotes in a readable way — they might say something like “on a mark-to-market basis, they were broke last quarter”[[8]](file:///private/var/containers/Bundle/Application/C23C1937-F90B-4BC3-B4AD-D56461448795/Gmail.app/#m_-8275646911989458263_footnote-8) — and people might read that and think “huh that’s bad” and withdraw their deposits. Causing the bonds to be sold, causing insolvency.
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Lots of VC money in Kansas farms
And, of course, the marking to market accounting is supposed to give these dipshits a clue that they have asset/liability mismatch that might kill them if they have to sell.
They did have hundreds of members on a zoom call last night. What more could they do? They were only given 15 minutes notice. They could have been with their family, or even worse their mistresses.
That’s how capitalism works, Jack.
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