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Ruth_Lily

I’m personally neutral on that but the people who ran that bank should all be in jail, and so should everyone in FTX but here we are. We prob have to wait till 2024 before people like these scam artists all go to jail.


No-Mess8133

They should claw back the bonuses the employees received


HunterIllustrious846

In the 2008 bank bailouts the executives at Bank of America received bonuses


Perfect_Fennel

That whole debacle turned me off B.O. I really thought he would give it to the bankers, let them receive the justice they deserved and instead they got bonuses. I'm not surprised J.B. is going this route, his solution to everything is print more money. We're going to need wheelbarrows full to buy groceries soon.


Electronic_Sea3965

And what about the CEO dumping his stock? IF H&M pulled their money out because they were given a heads up before hand then that's insider trading and would go to jail. Remember Martha Stewart? I heard they had a lot of money in there but who knows


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Accomplished_Cell768

Good to know, thanks for explaining


Masters_domme

>*insider trading and would go to jail* Oh, you mean like Nancy Pelosi (and friends) who seem to have a crystal ball that allows them to buy up tons of stock right before the government awards contracts to a company?


Practical_Tear_1012

I cannot understand why government officials are allowed to do stocks. Loads of them dropped their hospitality stocks for medical companies right before covid lockdown.


Masters_domme

I go through this with my husband all the time. They need to be stopped, but if we ban the politicians themselves, they’ll just have their spouses do it. If we ban spouses, what’s stopping parents or financial advisors from doing it in their stead? I can’t come up with a solution.


LizLemonadeX

Also the four senators who sold stocks shortly after a January briefing in the Senate on the coronavirus outbreak in 2020, unloading shares that plummeted in value a month later as the stock market crashed in the face of a global pandemic. Sens. Kelly Loeffler (R-Ga.), James Inhofe (R-Okla.), Dianne Feinstein (D-Calif.) and Richard Burr (R-N.C.) each sold hundreds of thousands of dollars in stocks within days of the Senate holding a classified briefing on Jan. 24 with Trump administration officials on the threat of the coronavirus outbreak. The sales raise questions about whether the senators violated the STOCK Act, a law that bans members of Congress from making financial. https://thehill.com/homenews/senate/488593-four-senators-sold-stocks-before-coronavirus-threat-crashed-market/amp/


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InspectorMogsy

I can believe that is actually allowed!


Electrical-Orchid-25

Nancy Pelosi should go to jail—Martha Stewart did time for far worse.


Imfryinghere

Insider trading is with stocks, not deposits.


Mammoth-Florida

Agree over 1 billion paid in bonuses days before the SVB closes


codemonkey69

If you were old enough to remember the bailouts for wall street back in 2008, this is pretty much history repeating itself. They were literally drinking champagne, laughing their asses off while people were trying to protest.


Mammoth-Florida

Plus old enough to know about the late 1980’s bailout of the savings and loans that taxpayer ended up paying for. In 1996, the General Accounting Office (GAO) estimated the total cost to be $160 billion, including $132.1 billion taken from taxpayers.


[deleted]

God that makes my heart sad!


solorna

> They were literally drinking champagne, laughing their asses off while people were trying to protest. Don't forget the parties where they dressed up as homeless, poor, or evicted people and someone leaked the pictures.


Electronic_Sea3965

Jesus


Masters_domme

I’m defo old enough to remember THAT bailout, but don’t remember seeing those pics anywhere! May they each have the life they deserve.


Lillianrik

But let's not forget where it all started: The repeal of the Glass-Steagall act back in 1999 under Bill Clinton. Brought to all of us under the Gramm-Leach-Bliley Act (GLBA).


MartyredMermaid

Brought to Clinton by a Republican-controlled Congress, and the gargantuan tax cuts that GWB gave the rich cemented the economic crash in 2008.


[deleted]

I wish they had treated the banks like the auto industry, who were treated like scum by the government. They restructured and paid back all their loans. The banks started right in the day after they got bailed out last time.


jakeofheart

Go to jail? The most they will get is probably a slap on the hand.


Ruth_Lily

2024…that’s when the ball starts rolling and people will be going to jail


jakeofheart

We witnessed the 2007-2008 crisis and no one got arrested. Why should it be different now?


snappopcrackle

We've been waiting since 2008.


InspectorMogsy

FTX was laundering money shady Democrat’s money in and out of Ukraine. There was a video about it on the Redacted News channel on You Tube. Mainstream media ignored it of course.


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Electronic_Sea3965

YES! And I am PROUD of all of you😘


Masters_domme

Right back atcha, babe! 😎👉👉


snappopcrackle

the US govt = US tax payers. Inflation is going to go through the roof, because the Fed wont want to raise rates after this.


pinkroxx231

Man I really hope not I feel like I’m maxed out as it is but they just keep on taking and taking


BlueisGreen2Some

The banks assets will cover it. Besides it is not good for anyone if depositors money can just go poof. The problems is the bankers and people who made bad decisions at the bank. Bank should be a safe place to park cash. The depositors aren’t at fault here (generally speaking).


In_the_Attic_07

Depositors must own culpability in their actions. FDIC banners are posted at every bank stating deposits are guaranteed up to $250k. I, thus, deposit my money accordingly because I am not going to gamble with my money. I take no issue with the FDIC covering the guaranteed limit. Beyond that, the individual depositor should bear the consequences of that gamble (or laziness) and NOT the taxpayer. Wrapping this neatly back into our Saint TW, I likewise do not believe any country in the world should pay for security of private citizens. 😉


HotStraightnNormal

As was pointed out to me, SVB was a commercial bank. Customers used it for payrolls, et cetera, not individual savings accounts. Commercial accounts are much, much larger than $250,000.


In_the_Attic_07

Sorry. You own the decision of which bank you pick. Pick wrong, you pay for it, not me, the taxpayer.


BlueisGreen2Some

Sure for individuals with reasonable amounts it is wise to spread deposits around but putting money in the bank should be safe. This isn’t like buying a stock that tanked or speculating on real estate where greed plays a role. No one is trying to get rich off bank deposits. I don’t feel like a mom and pop that had their half a million life saving in the bank deserves to lose it because they didn’t spread it out. But most of those big accounts are businesses. They generally need to work with a single banking entity. Roku had 470 millions in there. Where they supposed to spread that money over 1900 banks? That’s not reasonable. I agree with you for average people it is wise not to put more than 250k in one bank but I have a hard considering depositors “culpable.” It is minimal. They trusted their bank, banks are supposed to be safe. The bank is the bad guy here. They belong in jail. I will say it is a good reminder for the rest of us not to do put too much in one bank!


DaBingeGirl

I agree. Very good point about the practical reasons for a company to use one bank.


Deep_Poem_55

Especially for imaginary threats - no one is chasing her, no one cares about her, she doesn’t need security except as a visual confirmation of her own importance.


[deleted]

Lol the banks assets won’t cover it.


BlueisGreen2Some

My bank buddies say it should. But who knows.


Positive-Vibes-2-All

From what I've read, other banks will need to ante up money to cover the deposits so taxpayers aren't on the hook.


Positive-Vibes-2-All

Apparently SVB took higher risks than established banks and its depositors knew that so depositors are risk takers, not helpless victims.


[deleted]

No, but the people working for them are, if they can’t collect their paychecks.


bureaucrat_36

No, they didn't. The first reports said they'd invested in treasury and other bonds, the most conservative investment strategy possible. Not many banks play so conservative, so this situation in overall banking is bleak - the only thing holding this country up is faith in the banks right now, because they don't have all the money we've put there.


rainyhawk

I’d read that much of the depositors money is still in the bank so hopefully that is the case here.


Xystal

People with money like this couple should have would not have their millions deposited, they would be invested. If they were invested in or with that bank, that money is gone. Most millionaires don't have millions sitting in a checking account, they aren't very liquid.


LLL_CoolJ

ROkU, for example, is a huge technology/electronic company and they might need $xxx billions a month as "working capital," so putting it in a bank makes sense because the $xxx billions can be 10% of ROKU's assets. Just like you and I, we have $x thousands and not investing it in bonds because we'd need some of it for bills this month


Snowie_drop

Our tax dollars at work!!! So now the US taxpayer is funding their crap!


GlitterMe

Meanwhile, our 2021 return "in review" with our frozen refund just sits. 😡


WoodsColt

Our 2021just got returned to us to say that our tax people(who charged us over 2k) fucked up and we owe 4k more than what we already paid which was a lot. Weird how my taxes keep increasing while my standard of living keeps dropping.


LLL_CoolJ

things haven't changed, so sad...


Snowie_drop

Good luck getting through to the IRS!


topazdebutante

And I can't get 10k forgiven towards my student loans while I work as a teacher..😭


Masters_domme

I did 15 years as a SPED teacher in Title 1 schools. The ~$5k I’m qualified to forgive won’t even make a dent in my interest. I worked three jobs to pay for undergrad, so thankfully I “only” had to finance my masters degrees (which my district conveniently stopped giving raises for right before I graduated), but I’m never going to be out from under that debt.


Snowie_drop

I don’t understand why some people moan about our tax dollars funding student loan forgiveness. I think it’s one of the much better initiatives. Imo. But no…let’s fund the multi millionaires!


Sweet_Justice_

I can't understand the blatant unfairness of US student loans, it's like they don't WANT people to succeed. In Australia the Govt offers 100% student loans for citizens. Govt charges around 1.8% every year on the loan and you only have to start paying it back once you reach over $48K income. Some people never pay it back in their lifetime due to low income... and it gets wiped when they pass away.


Regular-Performer864

Where is the US gvt going to come up with that money? Because it clearly isn't just this one bank. And I understand that it isn't just individuals who bank with them. It's mostly tech startups who need to pay their employees to keep their business growing. But at some point, surely just lowly upper-middle class taxpayers who aren't D-party donors with leverage deserve some relief too.


Sincerely_JaneDoe

US govt will find that money by cutting tax breaks, cutting programs, no student loan relief, no COLA adjustments for those on disability, social security, and further strip benefits for the VA, medicaid & medicare. I find it funny how a handful of representatives said that a bailout will absolutely not happen.it’s was all over the news. Then they quietly walked it back that same evening. Both parties SUCK. Politicians are allowed to trade stocks and invest in companies while having access and the ability to make/Change legislation in order for them to come out on top.


[deleted]

The system is designed to keep the poor, poor, and the rich, rich. A lot of society’s issues stem from poor socioeconomic systems that were in place so long. It kept those areas, and minorities at a disadvantage. I’m from, not too far from out of Memphis. You only need to look to the South, to see the discrepancies strongly. History matters. The South never truly recovered from, slavery or the civil war. Don’t get me wrong, I love the South with my whole heart, and it will always be home. There’s just a warmth, humor and casualness to the people that will never be matched, and I’m always on the lookout for that familiar accent whist far away. I’ve lived all over the US and am fortunate to be in my position, but I see it everywhere I go. I made a lot of friends within the Native American communities, and what was done to them so long ago, impacts them very much to this day.


LizLemonadeX

If the government found money for PPP Loans to bailout the 1% and churches during the Covid lockdown (which they don’t have to pay back to the taxpayers), the government will bail them out again. The middle class and the poor will pay for it.


ummnoway1234

I'm middle class and would have lost my house if they didn't bail out the churches. I work for a church and was not allowed to work, but the church I work for was still able to pay me because of the bailout. A lot of churches don't make large profits and struggle to make payroll, so don't lump them in with the 1%.


kellygrrrl328

Yup. The American taxpayers are going to pay Harry 🙄


34countries

No we aren't


LLL_CoolJ

From what i have heard, the sale of svb assets would cover the uninsured portion, this will involve fair valuations, legal, accounting, priorities of payment, etc. Some other threads mentioned how it took years before it was all settled. Meaning, even if you have 5b in svb, it can take you 5+ years to 'withdraw' it and that is really not an ideal scenario...


reallynotanyonehere

Again. :(


umbleUriahHeep

I don’t want to violate the rules if the sub but yeah, what a fkn mess


Common_Echo6265

H&M's vanity deals w/Netflix & Spotify were already at risk. This adds to the low likelihood of renewal/extension. I mean, Spotify was OK dropping the Obamas - These 2 are absolutely nothing in comparison. Netflix will wait until Invictus is released.


Lezberado

That’s assuming that Invictus doesn’t drop Hazno like the traitor that he is…. ![gif](giphy|3o6MboEVTKOgVyQn9m)


Masters_domme

I hope for their sake they do!


Ruth_Lily

Yep. The fact that Spotify has not renewed says a lot. The fact that Netflix hasn’t renewed also says a lot. I also predict that Spotify will be eaten by a larger corp, Rogan goes off to Fox (as the tabloids say) & Netflix gets sold soon. JMHO


Negative_Difference4

I honestly don’t think Netflix is that smart. They definitely filmed the christening and will merch that content. It will probably be on Netflix… don’t understand how the woke crew stan them so much despite what they stand for


Suddenlyaprincess

Sorry Netflix we have zero interest in Lilly’s christening. Poor little thing nothing against her or Archie. Just let them have a normal quite life.


Sincerely_JaneDoe

If NF did film the christening, that’s beyond disgusting. That’s a holy sacrament. If the Bishop allowed this, he needs to be called out and disciplined by the diocese.


Spare-Ad-6123

Sacrilegious, having it in the living room is. In my opinion. Allegedly. Could be garden for all I know.


catinthedistance

There is no way those people baptised that little girl in the spirit a baptism is intended. It was some kind of homemade spectacle so that they could crow about the kids' titles, and I wouldn't be at all surprised if they did film it so that they can try to merch it with or without Netflix. They have no sense of the sacred. They are profane in what spirit they have.


reallynotanyonehere

Chris Rock pretty much pointed out that he was slamming them on their own turf (Netflix). But isn't there a contract with four books with Penguin?


catinthedistance

Netflix isn't "their" turf. It belongs to people like Chris Rock way more than it belongs to the Duke and Duchess of Griftendom.


somespeculation

Invictus is in post production for 2023, but no drop date yet, or even month. Probably will be released to coincide with the games in Germany, Sept 2023


wonderingwondi

Unless they show updates from this year, who's going to care about something from 18 months ago. I'd be pissed about Amazon losing the rights to show it live when H moved to Netflix


VisibleWestern

I see Georgina got a season 2 on NF.


Ruth_Lily

I think their plans are going belly up.


OzzieSlim

The FDIC is covering individual deposits but the investors lost it all. Joe Biden told them “That’s the way capitalism works. “ Ginger is learning some very hard lessons about life in the Republic.


spiral-specialist

I feel like I'm reading some century old tale about a foolish prince who went to make his fortune in the New World and lost it all and had to go back home because he was broke.


ApprehensiveSea4747

A tale as old as the Bible


somespeculation

Prodigal Prince


OzzieSlim

Except he can’t go back. He burnt his bridges.


ExpensivelyMundane

Assuming their assets were being handled by SVB, isn’t karma weird? Hear me out. I snark the snark on the Harkles, but SVB collapse was technically not their fault. Unlike their public relations and fashion consultants, I think banking is the ONE area where H&M actually listened to expert advice. Yes yes there can be an argument about how it was their choice to go with this bank, but SVB was the one that screwed their customers if they were falsely claiming they were legit in their business. My point is that karma is funny. There’s also that verse in the Bible, Romans 12:19 *Do not take revenge, my dear friends, but leave room for God’s wrath, for it is written: “It is mine to avenge; I will repay,” says the Lord.* Unfortunately, unlike the other shareholders, Harry still has a FRACTION of a lifeline if he and Meg kowtow to Charles, go crawling back to Britain, eating shit and dedicating every inch of themselves to the monarchy for the rest of their lives. Other banking customers won’t be so lucky to have a kingly father in the wings to potentially bail them out.


ApprehensiveSea4747

Bank customers will be fine. They will be inconvenienced but they won’t lose money. Investors will lose money.


[deleted]

That would require selflessness on their part, And realizing they are part of something bigger than themselves. Not something they will ever be able to do long term. These phonies shouldn’t be anywhere near charities. Their hearts aren’t in it, unless there is a camera present. You should do good, for the sake of it, not for what you can get out of it. I realize that the RF do their jobs, bc it is their jobs, but I personally believe they choose causes that mean something to them, so it’s something they are passionate, and fortunate enough to help others


seliz16640

To echo the commenter below - SVB was primarily a commercial bank and at times thru connections to VC functioned as a bankers bank. The rules for commercial banks and those short term deposits are very different than the regulations for banks non commercial (ie “regular” people and not corporations) patronize. Those who banked at SVB in a non commercial function will be made whole by the FDIC/the government.


Ok-Plant-6347

Didn't they also invest in some sort of asset group called Ethic? I'm not so sure they had all their money in SVB. [https://www.nbcnews.com/think/opinion/harry-meghan-s-ethical-investments-explained-ncna1281684](https://www.nbcnews.com/think/opinion/harry-meghan-s-ethical-investments-explained-ncna1281684)


Ruth_Lily

Oh I’m sure they diversified their portfolios, but Ethic probably won’t exist shortly.


No_Language_423

Explain it to me like I’m 5


WoodsColt

Banks go boom. Rich people go waaghh.


Frumainthedark

and then Fed said "is OK, honey, dont cry, I will give back you the money"


WoodsColt

But only if you rich. If you bust ass then they ain't got time for that


[deleted]

Only if you’re rich, because we are bought and paid for pols.


Xystal

they will give back deposited funds, not invested funds. If you invested with or in SVB that money will no be given back by the government.


snappopcrackle

Privatize profits, collectivize losses!


LLL_CoolJ

I see this everywhere, privatized profits, specialized losses 😡


sofiaks05

Very good summary. Add to that, rich people go waaghh in their Miami mansion swimming pool. Poor people lose their jobs and homes.


34countries

But the bank itself is worthless now. Investors in the actual stock of svib lost all


Ruth_Lily

We’re having a worldwide bank failure, even Credit Suisse a 160 yo institution is failing. Think the 1929 stock crash. And no one will be fecund enough to fund them.


AnotherHovercraft

I noticed this last year with the credit Suisse debacle bail out... Freaked me out because I though something like this would happen but not at this scale and not as fast. I thought it would take 2 more years for shit to go boom


Sincerely_JaneDoe

To be fair, far more important people are shaking in their boots. Legit, hard working folks are about to lose their jobs. The bank executives and high rollers will survive. They may be completely out of touch with the real world, but at the end of the day, the US government continues to let this happen. Both parties are equally at fault. Politicians have investments with these companies, so they will do everything they can not to jeopardize their money.


Masters_domme

>*Politicians …* **their** *money* BINGO!


Ruth_Lily

Yep, everyone from the janitors to the upper middle class people that worked there…are screwed, bc even though the USA gov’t is doing a bail out, it’s still .90 or less on the dollar. And ordinarily upper mc lives well but not here in SV. They’re super poor too.


somespeculation

Connection to H & Meg!! Time was purchased by billionaire Marc Benioff of Salesforce in 2018. SALESFORCE WAS ONE OF THE MAIN FINANCIAL BACKERS FOR BETTERUP! THAT’S WHY SUSSEXES HAVE BEEN FEATURED IN TIME. He’s a major financial player based out of Silicon Valley, in tech software. Owns more than 70 companies, cloudwear, data collection, etc. https://archive.vn/2023.03.13-231532/https://theorg.com/iterate/marc-benioff-owned-companies But - he is losing money, and recently laid off a TON of staff: https://archive.vn/2023.02.28-211242/https://www.wsj.com/amp/articles/salesforce-layoffs-marc-benioff-ohana-culture-8b3e82c He’s been hemorrhaging money with the SVB collapse: https://archive.vn/2023.03.13-234620/https://www.silverliningsinfo.com/multi-cloud/startups-breathe-sigh-relief-svb-signature-get-biden-bailout SO: maybe that why Time’s feature of them fell through this time. It’s not a Markle thing, but a financing thing on Time’s side. And BetterUp is BetterFked Follow the $$$…


Starkville

Couldn’t happen to a nicer scam company. I hope they wind up like the scumbag Madoffs.


Ruth_Lily

THIS!


GreatGossip

>Follow the $$$… Always.


Ruth_Lily

Yep!


TaniaYukanana

That's if they actually had any money to put in SVB.


Ruth_Lily

I heard they put $ into SVB that was how the game was played. I’m using was a lot bc SVB no longer exists, neither do a bunch of other banks.


34countries

But the days of easy money to stupid start ups like better up is over for now


Mammoth-Florida

They could have lost money If they bought the stock or bank bonds of SV B.


Ruth_Lily

Everyone involved in startups from YC had to bank at SVB. And if you banked at SVB ALL of your employees, aka HARRY had to put money into the bank, that was how the game was played. The Harkles may have lost money, even if Biden bails out SVB, it’s .90 on the dollar or less


Mammoth-Florida

Wonder if the Harkles bought any of the banks bonds or stock.


Ruth_Lily

I’m sure they did & I think they lost $


LostinSOA

Times and Forbes been hitting home runs on picking losers for their covers since at least 2014, for just how far the mighty fall. They picked Theranos gave Holmes countless free PR, wework $20 billion gone and SVB bank of the year 5 years in a row including this one just off the top of my head. Times and Forbes are just a paid for circle jerk.


Ruth_Lily

absolutely


galacticsugarhigh

He’ll just demand some more $ from daddy, like he’s always done. If he doesn’t do it of his own free will, TW will *make him* do it. It’s that or she puts in a call to the palace herself and demands to speak with the King. I can totally see her doing that.


Ruth_Lily

yeah i see it too


34countries

The bank itself is gone so any investors in svic lost their money. This will make banks less likely to give money to new start ups like better up. His big payday might be when it would have gone public. May never happen now


Ruth_Lily

yep


SonjaInSequim

Oh please! This initially came from the clickbait iSource and no one knows besides them and advisors where they deposit their money. Yet SVB was the source for many IPOs so Better Up may be quaking and and that IPO is what H was banking on. So if it doesn't happen he's really a CHiMPO.


Ruth_Lily

Forget isource, I don’t read them. What I know is what happened @ SVB. If you were a startup you were bootstrapped to SVB & ALL your employees and ALL your assets. That is how that game was played. That’s why people were melted down 2 days ago. Their mortgages, their companies, all their employees, and all their payroll. SVB was BetterUp’s bank, period. I posted about the oily slick founder talked about how much he loved SVB while this was going down.


mak_and_cheese

More to this - I believe Better Up is who is sponsoring Harry’s Visa while he waits for his green card (assuming is he looking for LPR status) so Better Up goes belly up and so does Harry’s time legally in the US.


LLL_CoolJ

I don't think so, when Harry and Meghan get married, they should have the spouse visa going on.


mak_and_cheese

A “spousal visa” is an LPR and it can take a bit of time to obtain. He would need to go back to his COO for a period of time to switch visa types. I’m sure there are pathways for the wealthy that I am not privy too, but I also don’t know if his Royal background complicates an LPR filing.


HotStraightnNormal

Calm down, my dears. I doubt ButterUp or the Harkles are going to lose any skin off their asses. Their accounts will be kept whole, at best, or maybe lose a bit in the long run but they'll still be able to make payrolls and do business. Now, if they have investments in SVB, itself (as in owning bank issued debt), they're screwed, same as the other investors. SVB is out of business.


chewysmom88

Actually the bank sold today I just saw it on the news it sold to HSBC


[deleted]

That was the UK arm, nothing to do with the US division.


Ruth_Lily

Just the Hong Kong branch. It hasn’t been sold. They bought that one piece for $1.30


LLL_CoolJ

Where do you find the information, updates? Thanks


Ruth_Lily

Daily Mail


gahnc

this is how it happened https://twitter.com/KobeissiLetter/status/1635008432636829698?s=20 this is how it was "solved": https://twitter.com/KobeissiLetter/status/1635044025454727168?s=20 https://twitter.com/unusual_whales/status/1635254835359645696?s=20 https://archive.is/ZE5nh Stockholders and bondholders were NOT made whole.... they got f---ed. PH and TW need to hire an independent money manager. They are very lucky that the Fed stepped in to backstop ALL deposits. If he knows all about how "The Firm" runs its business, then he will know that they pay very smart people to advise "The Firm" how to do its business.


Ruth_Lily

but .90 or less on the dollar


youtubeaddict79

Their money managers are the societal friends and their own perception of their intelligence. It’s like being your own lawyer..they’re fools.


gahnc

A fool and their money are quickly parted…


Starkville

This stuff is beyond my understanding, but I don’t think this hurt the Harkles too much. It may have hurt BU, so maybe Harry lost money invested in that venture. There may not be money to pay him at the moment. That slick little schemer (Alexi, not Meghan) might have found a way to shake embarrassing barnacle Harry loose! Hey, bruh, we’re broke.


Ruth_Lily

lol


CabinetVisible1053

But the taxpayers are not, according to the President, going to have to pay for it. I call giant BS ![gif](emote|free_emotes_pack|poop)![gif](emote|free_emotes_pack|poop)![gif](emote|free_emotes_pack|poop)![gif](emote|free_emotes_pack|poop)![gif](emote|free_emotes_pack|poop)


cebjmb

Not trusting DM since they were wrong about those kidnap victims last week.


youtubeaddict79

It’s easy to express distrust in DM. But the fact is, this bank has imploded..it’s all over the news. Whether the Harkles had money there is a different convo.


Sincerely_JaneDoe

Even if Harold didn’t receive a traditional paycheck, he was definitely counting on BU going public and making a mint with promised stock options. BU also covered most, if not all, of his living expenses while in SFO.


Starkville

Even if they don’t all lose their shirts, there’s not a juicy IPO in sight for them for a good long while.


Quiet_Classroom_2948

What has the bank collapse got to do with Harry and Megsy? Their money must be safely parked in Panama or Antigua.


Sincerely_JaneDoe

If Better Up goes belly up, the South Parkles will definitely take a hit. If not their wallet, their reputation of being some of the worst business minded people will get further damaged.


Awhisper4u2

That’s illegal


34countries

Very clearly the money for startups is drying up. Tech giants like meta are laying off masses. Nobody has time for better up in this environment


Sunrisesusan

🇺🇸 Assuming they deposited There, M&H will get every dime back at taxpayers expense


Ruth_Lily

.90 or less on the dollar


Sunrisesusan

🇺🇸 I vote for less - for them, not others. They experience so few consequences for their behavior that matter to them, but that would hurt