Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The only info that "popped up" was various search companies similar to the generic info that you get if you look up a person by name. Just like those very "iffy" websites, vehicle history "Additional Reports" cost additional amounts, with no guarant…
@larryB- thanks much. Like you, minimalist on vehicles/keep forever. Years ago AAA had an inspection service that would certify a vehicle for a buyer or seller, and you could trust them. Haven't heard about anything like that in a long time.
CPO = Certified Previously Owned" = Used.
I suspect the "C" mostly guarantees that the vehicle is used, rather than guaranteeing that it's in decent shape.
FWIW I'm "CPU"- Certified Previously Used.
I'm guessing that the next raise will be .25%, but likely not this week. That would be incredibly poor timing, with a deaf ear to the marketplace reality (warranted or not.)
"has agreed"... (as in "an offer that cannot be refused")
Credit Suisse, the battered Swiss banking giant, has agreed to a takeover by Switzerland’s largest bank, UBS — a move aimed at staving off immediate concerns of a disorderly bankruptcy and st…
@sma3-
How ironic: We give @Baseball_Fan the power to control our viewing by tolerating his Trumpian rants, which then obliges us to remove a topic from general viewing to the all-but-invisible "Off-Topic" section.
Right out of the right-wing pla…
@Junkster- I saw an extended interview with John Sununu some days ago on the PBS Newshour. I liked what I saw- he seems like a perfectly reasonable person. He might get my vote, if it came down to it.
By Chris Sununu:
Some of my GOP colleagues have lost their moral compass on Ukraine
“America First” does not mean “America Only.” It means putting our interests first — and that’s what opposing Russia in Ukraine does.
The Russian invasion of Ukrain…
"I can also tell you first hand, thank GOD for Silicon Valley"
Would that be the same "GOD" that watches over every sparrow?
Who has determined that Russia should mercilessly destroy the people of Ukraine?
Who delights in religions trying to kill e…
"let's send another 100B to Ukraine and keep the killing fields operative rather than forcing a peaceful resolution."
aka: Let's force Ukraine to surrender to Russia... Peace in Our Time !!!
Evidently Baseball Fan isn't familiar with the warmup to…
"Anyone with half a rational thought knows that the overwhelming majority of depositors at SVB and FRC are overwhelmingly lefty Biden supporters"
And we "know that" exactly how?
Old_Joe : are you self promoting yourself ?"
@Derf- sorry if it came across that way. No, I just think that if a dummy like me can come up with ideas to keep the financial system from self-destruction then maybe the government isn't really trying a…
"Sherman’s policy preference would be a 1-2 bps / year charge for insurance on accounts over $250k with an opt-out provisio"
Exactly what I suggested several days ago:
The problem is with accounts in excess of 250k: there is no government mechanism…
Sounds very good. Thanks for info.
I wonder if a mechanism like this could make possible almost instantaneous bank runs. I'm thinking that if a bank was in trouble they would likely kill this immediately.
@Schwab, Wednesday, 1:50 pm PST:
1yr CD: 5.4%
1yr T-bill: 4.744%
Note: Schwab Bank is among the offerings @5.4%, so this group may be under some pressure.
Additional Note: @ Wednesday, 1:59 pm PST:
Schwab & a couple of other 5.4% offerings no…
Ridicule, @Anna. As long as they're eliminating almost everything that increases in cost anyway, might as well just invent "CPI-ex-Inflation". It would be about as useful.
"I suggest banks should recover these extra costs by charging corporate accounts a fee on the basis of average balance, and perhaps a risk premium."
@WhollyTerriers: Exactly right. Those accounts should be offered a "not insured/no-charge/you're on…
"the tech sector is famously full of libertarians who like to denounce big government right up to the minute they themselves needed government aid."
Well, hard to dispute that part.
Easy to say when you don't have to worry about spreading many millions of dollars of operating capital around, and yet also need to have that money quickly available when required. That's the way that a significant part of the national business comm…
Early on in this post I posed the following question:
Question: If a major source of the problem is that Silicon Valley Bank was forced to sell US Gov't securities at a loss because their current value is less than their maturity value, why would th…
