Bard asked:  How much have banks drawn upon the lending under the Federal Reserve's recently enacted Bank Term Funding Program? Bard responds: According to the Federal Reserve Bank of Dallas, as of March 28, 2023, banks have drawn down $1.5 billion under the Bank Term Funding Program (BTFP). This is...

Could AI ever predict "Black Swan" events? 

I bet it could precipitate them, and probably will.

A seahorse is a fish, so ...

In my experience, whenever a female friend has returned an unwashed shirt borrowed for some reason, the shirt always seems basically clean, even if returned with apologies that it was profusely sweated in. Now when I wear a shirt for a day, it's dirty. And if I loan a shirt to a man, I'm basically l...

Were any brown-skinned homosexuals thrown under the bus during this rescue?

Or do you try to keep business separate from pleasure?

The more I know about SVB the more I think that Jay Ersapah was just a scapegoat. Of course she/he/whatever is a politically correct loser and losers gonna lose but I don't think she/he/whatever was the decision maker for the ALM. On the other hand - who is a better scapegoat than an ambicious 'que...

Why couldn't SVB borrow against the treasuries they had, and had to sell them instead, crystalizing the MtM loss? What was the limitation they faced? That would at best be a coat of paint over a gaping crack in the wall. And as deposits are withdrawn in a run, they just get further and further upsi...

Get woke, go broke. Jay Ersapah is a politically correct idiot and idiots alway lose money.

Right: blame the Asian-lesbian head of risk management at the $8 billion UK subsidiary for the collapse of a $175 billion bank.

Who's an idiot?

So in the UK employees in the private sector generally support the Conservative Party? That's a distinct(-ish) difference with the Trumpublican Party, possibly because the UK has relatively pretty well guaranteed standard of living. Just off the top of my head, American lacks universal healthcare, a...

Seems like the UK government is somehow using the same attorneys that Donald Trump has been using ... I wouldn't have thought that many attorneys would be licensed to practice in two completely separate countries, and certainly not many crap attorneys. I'm not sure to what extent the Conservative Pa...

Exactly.

From Gamal: "He has chosen whites as his enemies, I guess. Did he become white from that?"

This may be a mistake, as in it should probably be a new thread. But, anyway, the bleeding head Ron DeSantis, the very Trumpian governor of Florida, who is now trying to out-Trump Trump, is pushing a law that would ban Florida universities from teaching any courses with a curriculum based on theore...

This may be a mistake, as in it should probably be a new thread. But, anyway, the bleeding head Ron DeSantis, the very Trumpian governor of Florida, who is now trying to out-Trump Trump, is pushing a law that would ban Florida universities from teaching any courses with a curriculum based on theore...

Russell's basketball before my time, too, mostly, but his real iconic status arose out of the fact that he was a wildly talented and successful Black American in a wildly racist country, and he never played the game of pretending that everything was OK.