Systemic Solvency Club: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
Tags: Mobile edit Mobile web edit
No edit summary
Tags: Mobile edit Mobile web edit
 
Line 14: Line 14:
This includes ''denying'' you are talking about SSC. The following, therefore aren’t in SSC or, if they are, will be appearing before a disciplinary soon.
This includes ''denying'' you are talking about SSC. The following, therefore aren’t in SSC or, if they are, will be appearing before a disciplinary soon.


*24 March 2023: '''The Euro banking area''': [https://en.mercopress.com/2023/03/17/euro-area-banking-sector-is-resilient-with-strong-capital-and-liquidity-positions-ecb-president-lagarde Lagarde: the euro area banking sector is resilient with strong capital and liquidity positions]
*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.”]
*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.”]
*23 March 2023: '''Charles Schwab''': [https://news.yahoo.com/charles-schwab-liquidity-withstand-complete-171251343.html Charles Schwab has enough liquidity if all bank deposits 'ran off,' CEO says]
*23 March 2023: '''Charles Schwab''': [https://news.yahoo.com/charles-schwab-liquidity-withstand-complete-171251343.html Charles Schwab has enough liquidity if all bank deposits 'ran off,' CEO says]

Latest revision as of 05:47, 25 March 2023

Regulatory Capital Anatomy™
The JC’s untutored thoughts on how bank capital works.


Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.

What is Systemic Solvency Club?

Systemic Solvency Club (“SSC”) is a secretive the global cabal community of central bankers, bank regulators, Medicis, ministers of finance, bank chief executives, and their assorted minions and acolytes, who form committees, attend councils, convene forums, publish working papers and periodically gather at a hotel retreat in the Denver mountains called “The Meadows” to benignly oversee the rules, protocols and conventions of international finance that keep the rest of us safe from harm, rapacity, hubris, stupidity and ignorance in the deployment of international capital.

How is that going?

No workplace accidents for 4,509 7 days.

Who is in Systemic Solvency Club?

If you have to ask, it isn’t you.

Is it the one with Colonel Sanders and the Queen?

That’s the pentavirate.

But is Colonel Sanders in this one as well?

I can’tcanswer that.

The first rule of SSC

The first rule of Systemic Solvency Club is YOU DON'T TALK ABOUT SYSTEMIC SOLVENCY CLUB.

This includes denying you are talking about SSC. The following, therefore aren’t in SSC or, if they are, will be appearing before a disciplinary soon.

See also