br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

▶ Regulator Failures Caused Bank Collapse & Police Union Executive Busted As Drug Ring Leader

https://www.youtube.com/watch?v=6ri_bmKEfGk

maxi, to random
@maxi@todon.eu avatar

Can you recommend a legitimate service to buy Monero (for perfectly legal and ethically sound reasons) with SEPA?

kkarhan,
@kkarhan@mstdn.social avatar

@maxi
And whilst Wirecard folding as the grift it has been from the start may be inconvenient for merchants using them, this didn't result in the same #shitshow that #SiliconValleyBank caused:

People still got their paychecks and businesses could still pay suppliers and get paid.

They might've to switch to competitors like Adyen but in the end, that isn't a hard move...

Integrating #Wirecard messy code was always a clunky shitshow compared to #PayPal which has a clean API...

Frances_Coppola, to random
@Frances_Coppola@econtwitter.net avatar

New Coppola Comment post. Bank failures: it's all about #liquidity. Although #banks create #deposits when they lend, they can still run out of money. Featuring #SignatureBankNY, #SiliconValleyBank, #SilvergateBank. (pic does not link)
https://coppolacomment.substack.com/p/bank-failures-its-all-about-liquidity

ChrisMayLA6, to random
@ChrisMayLA6@zirk.us avatar

Oh dear... the FT points out this morning that one thing clearly links the three US banks that recently failed:

#SiliconValleyBank, #Signature & #FirstRepublic were all audited by #KPMG... the suspicion is growing that actually they didn't understand the #banking sector as well as they claimed (KPMG, that is).

It won't be he first time one of the #BigFour have oversold their expertise, now will it!

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