Silicon Valley Bank and Signature Bank bailed out? Who foots the bill?

[@nandakumar-xq2qi]

Hey why doesn't the US Fed use the expertise of "Rag" ram Rajan who is sitting in the US and pontificating on everything Indian . Being a US tax payer , and if he has the magic wand he has ..how come he did not see this coming ...nor has he made any suggestions . Maybe institutions in the US are " too big " to pontificate . Suggest he stick to resolving issues there before shooting off across the globe .

[@draculus4318]

Nowadays I watch PGurus 1st before even opening any SM. Excellent content. Thanks Shree Iyer. BTW, in Fixed Income market, its called Interest Rate and Liquidity risk. Classic case when Treasury and Bank Managment are filled with idiots. BTW I have worked in Treasury of small bank and I know ALM and risk management stuff, that's why commenting

[@dnarayanaswamy9207]

Or may be $100T...😀 After all it takes just about 42 cents or so to print a $100 bill

[@vatsalsr3029]

Hats off to Narasimhan for the clarity he provides with no hear-say

[@icchablisscosmicbliss9948]

That endless printing of paper as usual. ..soon it will be worth just a double.

[@draculus4318]

1 more thing for ppl asking for bonds to be held till maturity. 1. You have to account for MTM losses and make provisions and that costs capital. 2. You loose lot on interest rates, opportunity costs, when you have 2% coupon bonds and CMY is 4.5%! 3. When bank is run, its duty of Treasury of the bank to provide liquidity and they have to sell bonds held in portfolio. They have to sell this bonds at available price and add to that low liquidity on long term bonds is nothing short of disaster. HTM doesn't work in practical life.

[@vprakash2433]

Where is Hidenburg ? No report on this.

[@haroldcruz8550]

He's too busy looking after Adani.

[@namanbhayani1016]

Government should not be in a business of running a Business - Golden words shared by Piyush Goyal during some Geneva Meeting, When he was aked about why Givt is De-Listing PSUs etc.

[@ratnamurlidharan9885]

US The Best Democracy in the world with the highest standards of transparency and accountability,freedom of expression and speech with so much of secrecy 😂congratulations! Competition with China.

[@SiberianHusky-jv4zv]

What were the analysts /research desks doing? We hear a lot about data science, predicative analysis and so many models , and lot of statistical terminology . why all failed?

[@vijaykumarsrivastava7362]

Thanks and Namaskaram. I watch your video discussion and debate, the best gain I get is enhancing my knowledge and few words I really don't know. It's the beauty. 👌👌🙏

[@anandhanhanumantharao7851]

Very comprehensive and balanced analysis. Expressed in a bery calm and composed manner. Sri Narasimhanji, hats off to you. We in India are now proud of our banks. Our money is pretty safe in our banks. I look forward to listening to more of your talks in future. I trust SI will provide us with more such opportunities.

[@johnwattdotca]

Please, forget your banks. Try and find the sympathetic vibration that will open the doors to that ancient vault, where those doors have never been opened, even by the British.

[@videshx818]

circle of karma of US for its Hindenberg report on Adani

[@vivekshukla4044]

Top Class Analysis...👍

[@SiberianHusky-jv4zv]

अमरीकी एक भारतीय व्यापारी/व्यवसायी कि पॅन्ट कहा फटी है ये देखने मे व्यस्त थे , और सिलिकॉन व्हॅली बँक ने अमरिकीयोंकीही पॅन्ट उतार दी

[@Ram_Lakshmanan]

Your collective heartburn over the Hindenburg Report is understandable. But using that as an excuse, for the two of you to gloat over the potential speculative impact reports on SVB’s collapse exposes your collective lack of understanding of the banking system in the US, and that’s both pitiable and laughable. Please consider the following factors: 1. SVB’s collapse was mainly triggered by its own terrible lending policies and disastrous investment decisions. Plenty of evidence in the public domain. What was their Board of Directors doing being asleep at the wheel? 2. FDIC is capitalized as well as insured enough to withstand this SVB collapse and also to manage any collateral damage. And the risks are far less than in the case of Washington Mutual’s collapse, which the banking system was able to absorb and sail through. 3. No federal bailout is proposed or deemed necessary. And the Fed is monitoring the fallout carefully. All the sideshow cribs about Signature, Silvergate, Hindenburg, Adani, stock market fluctuations in SVB’s shares or other bank shares, etc. are laughable. Please grow up, learn, and get serious in your analysis and portrayal on serious matters. Thank you!!

[@HRHKamal]

Mr Narasimhan no doubt has a lot of domain knowledge but he is not able to present facts in a way that lay people are able to comprehend easily. I invite both Sri Iyer & him to see the video of Sean Foo on the SVB issue & its ramifications, & you'll see what I mean. No offence, gentlemen.

[@dannycbe949]

Should the rest of the world follow the US example on how to run their economies?

[@johnwattdotca]

Americans have the economy of an empire. You don't want that.

[@supriyasuresh5390]

The last time the US had this kind of a financial crisis was I think in the early 2000, they bankrupted entire economies including Dubai. At that time the Ruler had said we will be better off investing in India… and their mode of investment

[@subnan5126]

USA uncle Sam is so lucky. All they have to do is to print more dollars and pass on this inflation/ recession to the rest of the world without taking accountability.

[@dnarayanaswamy9207]

USA could print another $5T and see that all these banks could have been saved...lol😀

[@ronny383]

American financial system is like a big bubble. We are part of bubble living contributing and hoping bubble will not burst.

[@ravivasudevan2194]

Sree and narsimhan you have analysed this in an excellent manner.not a single you tuber of indian origin did it properly.i will not take names but they are really a disgrace.thank you sir.

[@OrwellsHousecat]

Startups are inherently very very risky. they balanced the startup business risks with the safest banking products (10year bonds). If the safest products crash, then nothing is safe. the house of cards

[@srinivasangokul300]

Great update : 1. Any numbers on how many Bharat startup funds in SVB? 2. Personally think the US regulatory authority on financial markets are far better than that in Bharat. Like Rahul Gandhi, Bharat keeps redoing it's regulatory structure as a knee jerk - one during Harshad Mehta scam, another during Satyam scam, next during Vijay Mallaiya Nirav Modi scam, who knows tomorrow may be a Dayanidhi -Sabareesan scam!!?? The main actors some slip away. This (think) happens less in US? 3. On unrealized loss on bonds yet to mature - think there would be a disclosure requirement in quarterly/annual financials? Vandhe Matharam Jai Shri Ram

[@ranbirmalik1034]

An excellent analysis.👍

[@ratnamurlidharan9885]

Wasn’t the Zero Loss Theory of Kapil Sibal during the coal scam having similar arguments?

[@seanbellfort2298]

🚨🚨🚨 2 down....right right right..a dozen are sitting on the edge....a repeat of financial meltdown is imminent...

[@suchindranathaiyer494]

Money flowed into the bank during the pandemic. Buying the shortest-term Treasuries or holding the deposits in cash would have insulated the Bank from the risk of rising interest rates. But it also would have depressed their profits. Banks’ reach for “safe” yield by purchasing long term bonds in a US led recklessly into war by the Biden regime did the Bank in, as it is doing Britain and the EU countries, particularly Germany, in:

[@niranjananirudh9474]

4bank collapsed. SV bank, NY signature bank, silvergate, first republic bank. Y only discussion on one bank.

[@np2917]

Where is "Hindenburg", and "Soros" don't want to say anything about "Silicone vellie Bank. Silver Gate , signature Bank"😇😇 😇

[@vsrini]

Fed Statemeny says "No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer " Who will foot the bill? and How? Tax payers?

[@narasimhamvakkalanka]

1992 Hyderabad riots. Mr YSR was the culprit. There are many riots in Gujarat before 2002 Era.

[@Janamejayan5]

Pguru, Sri Iyer, Congratulations on your exposing the financial scandals.

[@adityatiwari8297]

Also could the talking up of SVB be a ploy to rack up valuation? The bank knew it was selling MBS and buying new bonds and could have gotten these useful idiots to hype them up while they try to raise capital?

[@anuragtiwari9171]

😃😅👍🏽

[@sklux6147]

Question really comes down to risk Vs unknown. Where just anything is possible at anytime is perhaps unknown (or not knowable?) and risk is something one can be reasonably certain about. In the case of SVB, risk would be 10% against bailout ( = 90% in favour of survival with bailout). The whole arena becomes inverse just like wearing the clothes inside out and it is fashionable to do so. 🤸🤠🤔 $600+ B is way beyond Adani which is just about $150- B. Is it something like, 'A scam in US economy is nobody's business where as disproportionate share holding by the businesses elsewhere is a big scandal that a tiny short selling entity like Hindenberg from US scoops out and makes money too out of the mischief!' 🤠👌 India needs 10 more Adani like groups who can of course be contained and be brought to fall in line. Otherwise $10T target by 2030 will just be a fading dream. Raghuram Rajan has sounded that Indian economy is definitely drifting towards the Hindu Rate of Growth. Jai Hind!

[@ashokkaul3165]

Lot of hemming and hawing and hedging - plus a bunch of inanities. I’ve heard a bunch of kids from India whose reports and analyses were far more.insightful.

[@mythcard051]

Two questions, 1. Why are the Sunday evening Sp500 emini futures higher, almost 60 points higher 2. Isn’t it canary in coal mines, was it sarcasm when it was said canary in gold mines ?

[@haroldcruz8550]

Cause the market is pricing in that the Fed is going to pivot.

[@anuragtiwari9171]

Tx as always ! Amazing insights broken down to easily simplfy for layman like me. So grateful !🙏🏽👍🏼👍🏼

[@BrakesandPedals]

Sree, need some clarification. In your show there was a mention that no social security number is needed to open an account at SVB. Maybe they accept Tax ID or some form of global ID? Please clarify this issue. Thanks.

[@katyarkhukri7003]

How do they finance the bail out? Print more, inflate more? Borrow ? If china or japan are not buying the treasury bonds, who will?

[@shashankajoshi]

Hmm, tomorrow when the idiosyncratic American queues up to withdraw money, will this spread to many banks? Will the fed pause rate hikes? Analysis is good here but there is no reading on what is likely to happen. Don’t We all pontificate all the time?

[@KanchanaManyam]

Capitalists largely continue to live off others wealth. in both good times and bad times..... both sides of the coin belong to them!!

[@Carbontransitor]

I am worried this would be a systemic risk .. it’s not just 620 b .. the bigger worry is people start moving money to money market .. then no matter how big a bank is . Things will fail because of laws .

[@msb778]

Ye hamare briliant and honest people raghuram rajan greatest economist even happened on world kaha he didn't he foresee this

[@adityatiwari8297]

DICGC works under RBI and offers deposit guarantees to bank deposits in India.

[@MrMbalachandran]

Is Hindenberg and George Soros on picnic, why their research didn't predict these

[@m.r.r8408]

Thanks for your great explanation without getting bogged down in to ideology!

[@gargsamyt]

3 banks collapsed & 1 more bailed out to the tune of $70 bn.

[@MrLee-gj2jz]

Adani should buy Silicon Valley Bank.

[@busstand3627]

How safe are Indian banks you better start an investigation into it

[@gajendas2797]

sirf kagaj hi to chapna hain $ supply ke liye.

[@somasundarasivam]

Why don't you talk about Adani and co. Fraud?

[@icchablisscosmicbliss9948]

Of course..the conman....meaning connon naan

[@govindarao230]

Why can't you keep the video short

[@dindayalagrawal2092]

What is the effect on Indian market.

[@ratnamurlidharan9885]

Did the Modi Sarkar not bail out Yes Bank? Jumlas are so different from reality 😢

[@mohba01]

When you're mentally retarded but dont know it yet

[@kaustubhumak8504]

Shree and Sri is a nice combo please do more such session.

[@satveerrudra8424]

Result of bad policies!

[@lakshminarayanan-ls5fz]

Weimarification of usd

[@vedulakrishna113]

President needs bail out

[@np2917]

Where is George Soros 😇

[@rajkumarchinni]

It's just like Yesbank .. probably they may need to follow same approach bring another banks in and invest ....

[@saradaajarananda1584]

George soros

[@kesavansrinivasan4035]

What about the SVB officials accountable for the breakdown?

[@True-Nationalist]

Excellent Discussion Sreeji.! All hell would have broke loose if RBI/ Finance ministry would have intervened in Adani/ markets meltdown in India after Hindenburg report. Good to see GOI not getting into this dangerous trap laid out by George Soros/INC combined. 🇮🇳👍

[@ravindersharma2177]

So called Intelligent people take silly steps and more intelligent people come and bailout them. What kind of a game is this!

[@sanjaypriyadarshi]

And they tried Adani to failed .. USA has to answer on this .. who is more strong now .. American citizens to judge it ❤❤

[@ratnamurlidharan9885]

Yesterday Sri Narsimha ji was going round and round just like a jalebi.

[@divyaalok5538]

Awesome

[@prahladkumarsachdev2661]

अदानी को डुबाने के चक्कर में खुद का दिवाला निकल गया... . सिलिकॉन वैली बैंक का शेयर $700 से पहुंचा $40 पर... इन्वेस्टर्स का $110 बिलियन स्वाहा...

[@gargsamyt]

3 banks collapsed & 1 more bailed out to the tune of $70 bn.

[@rmayya]

Great analysis.

[@kabitasahoo8385]

🙏👍❤️

[@kunalseth6437]

🕉️

[@chandrasekargovindan4380]

Etf’s holding svb will loose?

[@way2worldoffinance436]

Very nice discussion❤

[@sridharsanthanam5284]

The greed for exchange gains is what's making people invest in dollars and lose their capital. On the contrary banks in India are stable without major exchange gains, but the capital remains intact. This is where people are penny wise and pound foolish.

[@johnwattdotca]

For a Scot, being called a penny-pincher is ordinary. That comes from knowing that if you saved every penny you got it would amount to a retirement income. That's probably a quarter now.

[@m.r.r8408]

Your statement is foolish! What is your “ losing your capital in US and not in India?” Talk to Adani!

[@sridharsanthanam5284]

@@m.r.r8408 Why are you upset? How much capital and exchange difference did you lose in SVB ? Do you have deposits in Credit Suisse ? Another bank called Silverline Bank and Signature Bank collapsed today in US. I am sure stupids like you have deposits in these banks. India's cooperative banks do better than US banks. By the way Adani group is not a banker as you foolishly assume and blabber here. I pity your knowledge.

[@ratnamurlidharan9885]

Sir, in India the Credit Card unit of City Bank has been taken over by Axis Bank…..does it have any significance in the larger picture?

[@supriyasuresh5390]

Isn’t axis bank Chinese owned?

[@nagarajanhariharan8054]

" India based Investors watch Out " .. My gut feeling is SVB scam wud be bigger than 2008 scam 😡..

[@johnwattdotca]

Maybe eight years ago, after Greece and Iceland went unexpectedly bankrupt, a Scottish accountant saw $600,000 had disappeared from a school board account. That was traced through the European Union to a financial institution on Wall Street. After sharing this observation and technique with world leaders those types of rampant financial crimes stopped.

[@bencherdent1696]

@@johnwattdotca OMG, 😱

[@johnwattdotca]

@@bencherdent1696 I am Clan Watt, only of Scots ancestry. And I'm only publishing the reality. A friend of mine, Professor John McCallum, Electronics at York University, Toronto, signed a one-year contract with China. He went over to help build their internet and write their university curriculum. He decided China would be best served by having a sovereign internet, able to shut of the rest of the world, if they wanted to. They were the first country to have that. At the time, three Toronto universities were linked to the "information highway", each paying $50,000 a year. American internet signal has two main components, one for the end user, and one used to monitor the user and access their excess capacity, what the C.I.A. called "piggy-backing". When Jimi Hendrix hired an English electrical inventor to duplicate that as a guitar effect, seeing it as a U.S. Air Force radar technician, he called it phase-shifting.

[@parasnathyadav3869]

जय श्री कृष्ण 💐💐🙏

[@kalaichelvannadarajan5299]

👌👌👌👍👍