I think we all need to thank JPM for bailing out FRC.

I think we also need to be honest about the significant female influence that caused SIVB to go under. Risk management and the Fed chair for SF supposed to keep an eye on them. How much of their bank was actually a slush fund for feminist causes? Were they just going to let it lose money constantly to fund their ambitions, and then pin the costs on the taxpayer?

What worries me, and is why I'm slowly cutting my exposure to banks in my portfolio as their stocks recover, is just how incredibly over-represented they are in the power positions that are relied upon to stop a crisis.

You do not want to be in a situation where your society relies on a feminist doing something good. The world financial system is currently in that exact position.

This could have been so much worse if JPM hadn't bailed First Republic out. Imagine the taxpayer being on the hook for every bank below JPM, C, WFC etc as they all collapsed one after the other.

I think we all need to thank JPM for bailing out FRC.

I think we also need to be honest about the significant female influence that caused SIVB to go under. Risk management and the Fed chair for SF supposed to keep an eye on them. How much of their bank was actually a slush fund for feminist causes?

What worries me, and is why I'm slowly cutting my exposure to banks in my portfolio as their stocks recover, is just how incredibly over-represented they are in the power positions that are relied upon to stop a crisis.

You do not want to be in a situation where your society relies on a feminist doing something good. The world financial system is currently in that exact position.

This could have been so much worse if JPM hadn't bailed First Republic out. Imagine the taxpayer being on the hook for every bank below JPM, C, WFC etc as they all collapsed one after the other.

I think we all need to thank JPM for bailing out FRC.

I think we also need to be honest about the significant female influence that caused SIVB to go under. Risk management and the Fed chair for SF supposed to keep an eye on them. What worries me, and is why I'm slowly cutting my exposure to banks in my portfolio as their stocks recover, is just how incredibly over-represented they are in the power positions that are relied upon to stop a crisis.

You do not want to be in a situation where your society relies on a feminist doing something good. The world financial system is currently in that exact position.

This could have been so much worse if JPM hadn't bailed First Republic out. Imagine the taxpayer being on the hook for every bank below JPM, C, WFC etc as they all collapsed one after the other.