Systemic Solvency Club: Difference between revisions

Systemic Solvency Club (view source)

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-{{a|crr|}}The first rule of Systemic Solvency Club is YOU DON'T TALK ABOUT SYSTEMIC SOLVENCY CLUB.
+{{a|crr|}}
+==What is Systemic Solvency Club?==
+Systemic Solvency Club (“SSC”) is a secretive the global {{strike|cabal|community}} of bank regulators, executives, and their assorted committees, councils and forums and acolytes who get together periodically at a hotel retreat in the Denver mountains called “The Meadows” to benignly oversee the rules, protocols and conventions of international finance that keep us safe from harm, rapacity and ignorance.
+==Who is in Systemic Solvency Club?
+If you have to ask, it isn’t you.
+==The first rule of SSC==
+The first rule of Systemic Solvency Club is YOU DON'T TALK ABOUT SYSTEMIC SOLVENCY CLUB.
 *24 March 2023: '''Deutsche Bank''': [https://www.ft.com/content/963d8fde-1bd0-4285-98f4-715248119f2a “Deutsche Bank has fundamentally modernised and reorganised its business and is a very profitable bank,” Scholz said, “There is no reason to be concerned about it.”]
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 *9 March 2023: '''Silicon Valley Bank''': [https://www.theinformation.com/articles/silicon-valley-bank-ceo-tells-vc-clients-to-stay-calm the bank has “ample liquidity to support our clients”]
 *30 September 2022: '''Credit Suisse''': [https://www.reuters.com/business/finance/credit-suisse-has-strong-capital-base-liquidity-ceo-memo-2022-09-30/ Credit Suisse has strong capital base and liquidity]
+{{Sa}}
+*[[Tier 1 capital]]