this one has to go.
Why do you keep speculating…SOV is a DOA.
equity_analyst Wrote: ------------------------------------------------------- > Why do you keep speculating… to put calamari on my table
A run on deposits? Where did you get your info?
User Profile : daj224 Posts: 2,571 Date Registered: Saturday, May 17, 2008 at 02:35PM
that is roughly 20 posts per day…i am speechless
Danteshek Wrote: ------------------------------------------------------- > User Profile : daj224 Posts: 2,571 > Date Registered: Saturday, May 17, 2008 at > 02:35PM Most of the posts are in general discussion forum.
juventurd Wrote: ------------------------------------------------------- > A run on deposits? Where did you get your info? run on the stock. should have been clearer. people flee the common on panic, too and dont mock me, i talked about SOV before lunch and it got worse by the day
Don’t walk into a theatre and shout “fire”. Don’t use the phrase “run” around a bank unless there are queues on the streets. And FFS STFU once in a while.
chrismaths Wrote: ------------------------------------------------------- > Don’t walk into a theatre and shout “fire”. Don’t > use the phrase “run” around a bank unless there > are queues on the streets. > > And FFS STFU once in a while. Sorry but bank runs these days are “silent runs.” It takes only a few clicks to move cash these days.
these days? There were queues on high streets around the country a year ago when NRK went under and several branches of B&B had queues this weekend. And SOV isn’t in a run situation, it’s just daj using words he doesn’t understand.
chrismaths Wrote: ------------------------------------------------------- > And SOV isn’t in a run situation, it’s just daj > using words he doesn’t understand. i explained myself, and there are things as stock runs. think outside the box, white boy. BSC had people run the stock when people would not trade with them. obviously you had a bad day, but not worse than mine.
If you use the word run about a bank, I think there’s only one meaning. And stock run is just a phrase you made up to try to sound down with the investment kids. Run along now.
chrismaths Wrote: ------------------------------------------------------- > these days? There were queues on high streets > around the country a year ago when NRK went under > and several branches of B&B had queues this > weekend. > > And SOV isn’t in a run situation, it’s just daj > using words he doesn’t understand. Yeah, these days. How do you think Wachovia went down: http://www.charlotteobserver.com/business/story/226799.html Inside Wachovia, executives started noticing customers withdrawing money on Friday morning, following the failure of Washington Mutual on Thursday. “The so-called silent run on the bank – it’s real,” Carlos Evans, Wachovia’s wholesale banking executive, said in an interview. “When Congress failed to pass the ($700 billion bailout) proposal, when WaMu collapsed, you could see the money flowing. My computer screen was lighting up.” Starting Friday morning, Evans said, businesses and institutions with large accounts started withdrawing money to lower their balances to below the federally insured $100,000 limit. They weren’t closing accounts, he said, adding “they were very apologetic in saying they love the service they get from Wachovia and they weren’t leaving Wachovia. They were just moving their money until things settled down.” Money flowed out of Wachovia throughout the weekend, said Evans who heard anecdotes and received memos and BlackBerry messages from bank employees in the field. “What happened last week, and it literally happened that fast …You could go from being OK, hurt, weakened, there’s no question the company was weakened… but you go from being weakened to in trouble in a matter of days,” he said. “I don’t think people understand how quickly events unfolded.”
chris maths stands corrected once again. thanks equity analyst
equity_analyst Wrote: ------------------------------------------------------- > Sorry but bank runs these days are “silent runs.” > It takes only a few clicks to move cash these > days. http://www.latimes.com/media/photo/2008-07/41024781.jpg Now be quiet little person.
One of us has a problem with reading comprehension and/or recognizing logical fallacies.
Shall we try and work out who? equity_analyst states “bank runs are silent these days” *provides evidence of one noisy bank run* If you had said “some bank runs are silent” or “bank runs can also be silent”, then one noisy bank run would prove a point. As it is, you stated “bank runs are silent these days” - the logical equivalent of “all cats are white” and provided one white cat as evidence. chrismaths *provides evidence of a noisy bank run, in a time period qualifying as “these days”* Statement, counterexample, game over, thanks for playing, better luck next time.
chrismaths - Thanks for substituting “cats” for “swans”. The original example is so played out.
judging by the look of those customers outside Indymac, there collective “run” of withdrawals totalled $596.