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ioc.exchange is one of the many independent Mastodon servers you can use to participate in the fediverse.
INDICATORS OF COMPROMISE (IOC) InfoSec Community within the Fediverse. Newbies, experts, gurus - Everyone is Welcome! Instance is supposed to be fast and secure.

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Alaric Aloor🐕🏎⚽️🥃

@alaric

About the rolling back of financial regulations 👇🏾

"
Remember when Trump and the Republican leadership, in collaboration with a critical group of moderate and conservative Democrats, rolled back some of the regulations Dodd-Frank placed on regional banks? Well:"

lawyersgunsmoneyblog.com/2023/

Some banking experts on Friday pointed out that a bank as large as Silicon Valley Bank might have managed its interest rate risks better had parts of the Dodd-Frank financial-regulatory package, put in place after the 2008 crisis, not been rolled back under President Trump. In 2018, Mr. Trump signed a bill that lessened regulatory scrutiny for many regional banks. Silicon Valley Bank's chief executive, Greg Becker, was a strong supporter of the change, which reduced how frequently banks with assets between $100 billion and $250 billion had to submit to stress tests by the Fed. Mr. Becker, who had been on the San Francisco Fed's board of directors, was no longer on the board as of Friday, a Fed spokesperson said.
Alaric Aloor🐕🏎⚽️🥃

@alaric

And, as always, read Matt Levine at Bloomberg, for the best analysis about this situation 👇🏾

bloomberg.com/opinion/articles

Mar 12, 2023, 01:31 AM·Public·trunks.social
9boosts·9favorites
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Alaric Aloor🐕🏎⚽️🥃

@alaric

LOLLLLL..."No libertarians in a bank run"

"No libertarians in a bank run" Eric Newcomer O @EricNewcomer no atheists in a foxhole. no libertarians in a bank run 5 David Sacks © A @DavidSacks-8h Where is Powell? Where is Yellen? Stop this crisis NOW. Announce that all depositors will be safe. Place SVB with a Top 4 bank. Do this before Monday open or there will be contagion and the crisis will spread
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Alaric Aloor🐕🏎⚽️🥃

@alaric

This, by, @molly0xfff is brilliant 👇🏾

She calls out the massive dip 💩s
S&cks & C&l&c&nis for their blatant hypocrisy

newsletter.mollywhite.net/p/th

We have found ourselves in a scenario where the investor class has, yet again, managed to privatize profits and socialize losses. While many of these powerful, wealthy, and connected individuals have pushed for policies that would scale back government and regulators, promoted cryptocurrencies they believe to be outside control of the state, and pushed back against any action to break up tech monopolies, they quickly found themselves begging government officials for a rescue. "No atheists in a foxhole. No libertarians in a bank run." tweeted Eric Newcomer, after right- and libertarian-leaning David Sacks tweeted at government officials demanding they "Stop this crisis NOW".
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