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yeahsure22

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Yeah I think ADP has one account at the East Piscataway Chemical Savings and Loan. If that bank failed the same thing would have happened to ADP. Rippling definitely didn’t expose themselves to excessive risk for no reason other than their inexperience.

TextSynth Server 3 years ago

Well I’m sure that one guy will be able to change the course of history to suit his job situation. It’s going to happen so you had better go with the flow. Become water.

I don’t know if your are just ignorant or if your are intentionally misleading people but this system is widely abused. A stock sale can be schedule in your plan at the end of every month and you can elect to cancel a planned sale at any time. The CEO used exactly this type of sham plan to unload his shares. Look at the plan he filed this year and the plan he filed every year for the last three years.

They understand it perfectly well, it really isn’t that complex. You are repeating SVB marketing. Bank of America works with thousands of start ups and I’m sure all the other large banks do as well.

It’s not interesting because of its name, it’s the 18th largest bank in the US. A domino that big usually doesn’t fall alone. Also, FDIC hasn’t taken over a bank since 2020. This isn’t exactly a common occurrence.

It doesn’t work like that, these banks didn’t fail because of exposure to particular industries. They failed to manage their IR risk just the same as every other American bank. Now they will all be in for some serious pain. In 2021 it would have been considered fringe economic theory for rates to hit 5%. Most economists would have told you it was more likely to be at -1% now.