I'll say what I said before -
Any system, any where, at any time, with any potential combination of hardware, will have a bottleneck. If it did not, computing would complete immediately - by definition, there MUST be a bottleneck. This bottleneck may be the CPU, it may be the GPU, it may be...
NEC 2141SB-BK... 80 lbs of "wtf happened to my desk".
Then I added a 21" Sony next to it. That desk fell apart when we took everything off of it to try and move it a few years later. IT was held together by the tension of those screens.
I just wish it was more affordable - I love Power, but it can't compete with x86 really on price for anything but HANA workloads, so it's steadily dying. And I wish the CPUs were cheaper for home use. Want me a Raptor Talos.
It's all relative.
This. It was not good compared to the competition, and arguably mediocre at best compared to its predecessor, but it worked ok (minus the crappy 990FX boards that were out there), and if you REALLY needed 8 cores for cheap - it did the job. I used one for almost 9 years for...
I got my 3080, 3070, and two 6800XT at MSRP. The 3090 I paid over, but it was used from someone here and had an absurdly hard-to-find Optimus block on it already, which I was willing to pay for (both the block and the work to get it mounted, which isn't the most trivial on a 3090 with an active...
Gotcha, and agreed >_<
Having to spend a LOT of time correcting family members who don't understand the details (and one who's just a low-level accountant) that I keep reading "serious" into facetious comments. Duration risk is the right term :)
You're dead on with the analysis though -...
Both hold similar asset ratios to SVB. I haven't checked their primary clientele, but that may be unintended consequences, or it may be that they're also working with cash-flow heavy clients. Something else to look into today as I go.
They're using the FDIC pool, not "new money."
Great breakdown by JPMC:
https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/eye-on-the-market/silicon-valley-bank-failure-amv.pdf
Bingo. They had MORE than enough capital to cover everything - as one person in the industry pointed...
I’d have to go dig into it. That company was so hilarious that I barely paid attention to their filings (talk about a “really only fits certain markets” product, with hellacious overhead hurdles); also don’t / didn’t fit the general scope of the kind of company I tend to be tasked to research...
Also have to remember - individuals != business. It makes sense for an individual to not have more than 250K in a single account - generally it's tied up in short-term investments/bonds/CDs/hookers that are far more liquid (or easily liquified), plus a giant pile of longer term stuff. That...
Eh. Exposure on the larger banks is limited - JPMC and etc have much smaller ratios when it comes to T-bill holdings vs deposit rates, and their clientele generally isn't burning cash the same way (except in the short term). None of them will get killed - they can get ~hit~ mind you, which...
Contagion definitely not - but I do have a masters with a specialization in finance (that I don't use in the traditional way), so for better or worse, it's something I understand and know more about than I'd sometimes like to. I spent a LOT of time digging through 10k reports and SEC filings.
The word bailout implies that you’re either saving the bank from their own poor choices (they’re not- it’s toast) or saving the customers from poor choices (they don’t have an alternative, so… ).
Are they being rescued? Sure. But they didn’t do anything wrong. It’s like saying you’re bailing...
So are you complaining then? Or what? I'm not sure what point you're trying to make. If "preventing hundreds or thousands of companies from going bankrupt or out of business because a single bank fucked up" seems like a bad idea to you, I'm mighty curious what your solution would be instead.
You clearly don’t understand finance. It’s money the government already owes them (the treasury bills - bonds). You saying the us government won’t pay its debts?
Not really, no.
There will hopefully, and should be, consequences for those operating the bank. Innocent depositors however - the system isn't sustainable at a corporate level with the current FDIC rules. That's just insanity - someone like HP or Cargill would literally have tens of thousands...
It's a tech bank based in CA. Over half the companies out there have diversity programs/etc, and they're especially prevalent in the tech industry - that has nothing to do with the collapse of the bank.
Not following you. Anything in that portfolio must be held till the end - or the whole portfolio sold.
Other treasuries held are in the ATM portfolio and have different reporting requirements - they may be hidden for a bit but must show on the 10k before long (might be quarterly might be...
Not precisely a loophole as much a regulation that hadn't been tested like this - at least not in an industry with this kind of cash burn. The intent there is that anything in the HTM (Hold to Maturity) portfolio has to be stuff that will be worth at LEAST what it was purchased for at maturity...
Old dude talking out of his ass. He had absolutely zero points to make other than "the economy is in a tough spot right now" - no citations of "woke" actions hurting the bank, hurting the balance sheet, or anything related to the actual incident. There's nothing that a social program did to...
1. The UK subdivision is fine - both companies (SVB and SVB UK) were subsidiaries of SVC, and separate - or so they've said, I haven't dug into the actual relationship between the capital company and the two banks.
2. So? It's a tech bank.
In fact, they normally do it at 5PM on friday intentionally for that reason - no impact to consumers that way, minus ATM access over the weekend possibly. This time they had to move faster.
Which is what this was supposed to be - aside from the Treasury department telling people for a long...
Innovation is hard - they were able to go from 8c to 16c due to the drop from 14nm to 7nm letting them fit 8C per CCD. Getting past that has proven difficult - 5nm FinFET is good, but it ain't the kind of jump that we got with 14nm to 7nm FinFET in terms of density. It's coming, just takes...
It’s gotten blended badly over the years. It’s much more workstation focused now for sure.
Agreed. Give it another month.
No. They’re going to probably be available. It’s expensive kit and a niche market.
I disable driver updates, which is separate from normal windows updates. I do have a few systems with auto-reboot disabled (because they tend to be running background tasks) - I just hit them every friday afternoon.
Had it happen with Nvidia drivers and an Intel NIC driver.
Turn off windows driver updates - problem solved (also fixes a lot of OTHER issues I've had).