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1. Embed this notice
   pepsi_man (pepsi_man@poa.st)'s status on Thursday, 22-May-2025 04:17:25 JST pepsi_man

   • Shlomo
   @Shlomo
   Translation: your 401k will be the next bailout
   • Embed this notice
     ?? Humpleupagus ?? (humpleupagus@eveningzoo.club)'s status on Thursday, 22-May-2025 04:17:25 JST ?? Humpleupagus ??

     in reply to

     • Shlomo
     Just let me stick it in my mattress and swear I'm a good boy.
   • Embed this notice
     pepsi_man (pepsi_man@poa.st)'s status on Thursday, 22-May-2025 04:33:34 JST pepsi_man

     in reply to

     • ?? Humpleupagus ??
     • Shlomo
     @Humpleupagus @Shlomo
     Best we can do is force you to invest in mortgage backed securities.
   • Embed this notice
     ?? Humpleupagus ?? (humpleupagus@eveningzoo.club)'s status on Thursday, 22-May-2025 04:33:34 JST ?? Humpleupagus ??

     in reply to

     • Shlomo
     A lot of banks were forced to dump their portfolios into Fannie and Freddie to stay competitive and solvent. I can't remember the exact ratios, but a portfolio loan was only worth something like 80% of have value when determining bank liquidity, while holdimg Fannie or Freddie was valued at 90%. Ergo, if a bank held portfolio, it increased the risk of regulatory shutdown.