ohlaph,

These fuckers are taking everything from the people.

Luisp,

Photo

Destroyed the country’s income by privatizing oil, raised poorness to 60% unemployment to 70% worked with the literal drug cartel until his candidate got fucking murdered during the emergency election, which BTW was called after the government got dissolved because of Pandora papers leaks

Tischkante,

It’s almost like big business is fishy.

DragonTypeWyvern,

Not getting explicitly into “capitalism bad,” but yeah, anytime someone becomes a billion dollar property overnight you should assume it’s a scam or a crime.

Tischkante,

Capitalism is what people make of it. But it seems it’s getting less easy to cheat.

DragonTypeWyvern,

You should do standup, that was hilarious.

Holyginz,

My brain hurt at first until I realized you were joking. Good one!

son_named_bort,

It’s like the Madden curse but in finance.

WhiteHotaru,
@WhiteHotaru@feddit.de avatar

There was a meme in Germany during Chancellor Merkel’s time in office. As soon as Merkel “expressed her utmost confidence” in someone, that person resigned shortly afterwards.

psycho_driver,

It gets even worse. They could threaten to have some rando write a blog post about you.

IHeartBadCode,
@IHeartBadCode@kbin.social avatar

Forbes isn't handing out a kiss of death. Forbes is just a publication gushing about the headliners of a rapacious and fraudulent group of people. It's like wondering why a bakery smells like bread.

theodewere, (edited )
@theodewere@kbin.social avatar

or why a whore's breath smells like cum

(i'm implying Forbes are a bunch of cocksucking whores, in case you are still in junior high)

Electric_Druid,

Of all the things to say, you really picked this huh?

howsetheraven,

Even busted out the parenthetical for clarity. A professional at work.

RedAggroBest,

Sex work is real work and not your generic insult.

(USING ANY GROUP AS AN INSULT ALSO INSULTS THAT GROUP, IN CASE YOU’RE ALSO IN THAT “THATS RETARDED” PHASE)

theodewere, (edited )
@theodewere@kbin.social avatar

your awareness is almost blinding.. give my love to the sex workers.. i mean i think it's right to raise awareness. it's also right for sex workers to be aware of how their breath smells..

FlyingSquid,
@FlyingSquid@lemmy.world avatar
Decoy321,

Don’t give us hope

FlyingSquid,
@FlyingSquid@lemmy.world avatar
Decoy321,

That is just awesome art, btw

GCostanzaStepOnMe,
@GCostanzaStepOnMe@feddit.de avatar

My boy just can’t stop winning

reflex,
@reflex@kbin.social avatar

Maybe Jim Cramer's been ghostwriting for them.

AlmightySnoo,

Just like we have an Inverse Cramer ETF, maybe it’s time for an Inverse Forbes ETF too

bentropy,
Decoy321,

🤞

Eheran,

EFT buyer guide hahahaha

KevonLooney,

Read it again, genius.

Eheran,

Ooops, never mind.

GCostanzaStepOnMe,
@GCostanzaStepOnMe@feddit.de avatar

Twink death

Twink death

Semi-Hemi-Demigod,
@Semi-Hemi-Demigod@kbin.social avatar

I'm beginning to think these stock market guys are just gambling

db2,

They’ve got it rigged so the house wins though. The secret is crime, know theirs and do some yourself and you get to run the house until they need a fall guy.

bus_factor,

The secret ingredient to get on the front page of Forbes is fraud.

AlmightySnoo,

In the case of SVB it wasn’t fraud though, it was more poor risk management; they didn’t hedge against an increase in interest rates and that, together with the bank run when people learned about it, killed them. But yeah, the common pattern is failure.

supercriticalcheese,

Calling using client funds as collateral for risky investments (over and over again) as poor risk management it is a bit of an understatement.

AlmightySnoo,

It wasn’t technically illegal nor was it fraud since it had an exemption from the Volcker Rule you’re referring to.

JohnDClay,

It’s illegal to misrepresent what you are using your clients funds for, as was proved in court.

Edit: wait, I think that was SBF rather than SVB. Why are these acronyms so similar :(

AlmightySnoo,

wait, I think that was SBF rather than SVB. Why are these acronyms so similar :(

it doesn’t help that they were both featured on Forbes 😅

psycho_driver,

All they needed to do was put “Hookers and blow on yachts” in really, really small print somewhere.

mcmoor,

Damn I also read yours as SBF at first

Chocrates,

Do banks have the authority to freeze withdrawals?
I don’t get why SVP didn’t just block all withdrawals as the panic set it.

AlmightySnoo,

In theory yes:

A bank can temporarily suspend withdrawals to stop a run; this is called suspension of convertibility.

(en.wikipedia.org/wiki/Bank_run)

But IMO freezing withdrawals would just add even more panic when the last thing you want as a bank is have more clients be anxious about their money.

moosetwin,
@moosetwin@lemmy.dbzer0.com avatar

F IS FOR FRIENDS WHO DO STUFF TOGETHER

PainInTheAES,

O IS FOR OLIGAAAARCHY

thorbot,

R is Reprehensible behaaaavior

MrShankles,

Down here in the deep blue sea! 🎶

neeeeDanke,

B is for Bribery

alienzx,

E is for Endless profits from exploitation

  • All
  • Subscribed
  • Moderated
  • Favorites
  • random
  • uselessserver093
  • Food
  • aaaaaaacccccccce
  • [email protected]
  • test
  • CafeMeta
  • testmag
  • MUD
  • RhythmGameZone
  • RSS
  • dabs
  • Socialism
  • KbinCafe
  • TheResearchGuardian
  • oklahoma
  • feritale
  • SuperSentai
  • KamenRider
  • All magazines