ArtVandalay
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Posts posted by ArtVandalay
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10 minutes ago, Ethan in Cleveland said:
Except we do know. Because if it was Hypertrophic cardiomyopathy like Hank Gathers he would have an implantable defibrillator and no chance to play.
Barring any lung injury from the CPR, he will be cleared to play.You don't know because the cause has never been disclosed and Hamlin declined to answer.
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1 minute ago, leh-nerd skin-erd said:
Pardon me, but you’re suggesting everyone “banks at a credit union that is NCAU rather than FDIC”? Wouldn’t that be a very necessary piece of a boom/checkmate argument?
Yes to the text in bold. It’s no different that a financial service organization failing and references to “lavish parties” and “executive bonuses”. When the organization implodes, everything is in the table, and each piece of the puzzle scrutinized as part of the overall problem.
No that's not what I'm saying at all. What i said originally was the fact that the FDIC is not tax payer funded, it is funded through assessments on member institutions. The poster in response claimed it was the same thing since taxpayers are the customers the generate bank profits. What i am illustrating is a way that not all taxpayers are indirectly paying the FDIC and there is really a way you could chose not to participate in the FDIC system. If the poster is that concerned about his banking relationship funding FDIC he can easily bank at a Credit Union part of NCUA instead.
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16 minutes ago, Buffarukus said:
everything is friend. where do you think those fees are generated?
I understand eventually ***** flows downhill, but if you banked at a credit union that is NCUA rather than FDIC, then actually you wouldn't be paying anything to FDIC. Boom, checkmate.
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On 3/14/2023 at 7:24 PM, ChiGoose said:
If anyone is interested in what actually happened with SVB, I’d recommend this episode of The Indicator.
The main points:
- SVB’s deposits shot up in 2020 during a boom in tech companies, which make up most of its customers.
- SVB put the deposits into treasury bonds which are generally safe bets.
- However, SVB had three vulnerabilities:1. The bonds had long maturities, so they cashed out way into the future. When interest rates went up, the value of the bonds went down. More than half of SVB’s investments were in these bonds (compared to 25% average of most banks). SVB also did not hedge to balance against the risks of interest rates going up
2. SVB’s business was concentrated in the tech sector, which is very sensitive to interest rates. With turmoil in the tech sector, they were getting fewer new deposits to offset the risk of devaluing bonds.
3. SVB had a disproportionate amount of large deposits. Only 10% of its deposits were covered by FDIC’s insurance compared to an average of 50% for other banks. This drove customer panic.
- Moody’s recently told SVB that it might downgrade its credit due to the risk of its bond value decreasing.
- SVB planned to avoid a downgrade by selling its bonds at a loss and then bringing in new investors. They sold the bonds but had trouble getting new investments.
- People could then see the trouble SVB was in and it’s depositors panicked and pulled $42 billion (20%) of the deposits.
So you have a bank that managed its risk poorly and collapsed due to the unique nature of its business combined with bad management.
Or you can be an idiot and claim this was wokeism or whatever.
One major issue i take with this is the classification of the 2020 deposit increase as a tech boom. That's nonsense. It's the pandemic driven deposit surge that happened throughout the entire banking industry in which there was an influx over $4 trillion of deposits banking industry, by far the greatest growth the industry as seen. The stickiness of the deposits was a hot button industry issue for the following years and regulators wanted to see your assessment of surge deposits and your deposit studies and volatility assessments in relation to them.
The remainder of the following items are a good synopsis but make no mistake, this was NOT caused by fed rate increases and rising interest rates, this was directly the result of poor interest rate risk management and horrendous liquidity risk management and liquidity strategy. The concentration risk assumed in their deposit portfolio is outrageous, the amount of volatility they carried mismatched with long term assets was wild. Entirely mismanaged and leadership either did not have appropriate oversight or did not have the qualifications for effective oversight. Their board either didn't receive appropriate risk reporting or didn't understand what they were looking at.
People pointing at DEI are not idiots, they have a fair point because the company didn't have a Chief Risk Officer for just about all of last year, yet made heavy investments in DEI and the President was more focused in that area and board members had questionable qualifications/training. It's not saying DEI caused this but rather if the bank took their operational risk and financial risk functions as serious as they did their DEI this wouldn't have happened. It's more or less a criticism that company leadership was not appropriately focused which is a fair criticism IMO given the insane concentration risk in their deposit portfolio and grave mistakes in liquidity management. Its more or less a reasoning for why the lapses occurred
Personally, i don't point the finger there but i understand it.
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12 hours ago, Irv said:
How do you think the FDIC is funded? The money gets picked off the money tree? Honestly.
And who funds the FDIC? Use your head for something other than a hat rack. What a mess.
The FDIC is funded by the assessments charged to all member institutions, it is not funded by taxpayers.
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2 hours ago, Bangarang said:
Assembles a mediocre run blocking OL but wants ALL the RBs.
All the mediocre RB* with the mediocre OL. Then wonder why the run game is mediocre.
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46 minutes ago, julian said:
I believe Chris Pronger in the NHL suffered the same thing, had to be revived on the ice and returned in 4 games, hope I’m not remembering this story incorrectly
59 minutes ago, DrDawkinstein said:Kinda, but not really. I've been expecting him back. That soccer player came back and had a career. This was such a random fluke that will likely never happen again to another player in our lifetime. A 24 year old athlete should be able to come back.
Now we have TOO MANY Safeties!
You two are speculating. Unless there is some new evidence I'm not aware of, they never released the cause for his incident. In fact, when asked directly in his interview with Strahan he declined to answer.
There's zero way for anyone to know if he is or isn't a risk moving forward not knowing the cause of his condition.
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12 hours ago, John from Riverside said:
Holy ***** what happened to this thread?
We should all be rooting for Connor McGovern to be very good
I think everyone is rooting for him to be good, but to this point in his career he has not been good. He was a backup force to play we gave low/moderate deal to, from what i see he's got a cap hit of $3.6 MM this year (depth money not starter) then they can cut him next year post-June 1 for only 1.6 MM dead money.
It's essentially a 1 year deal for depth/prove it, then if he performs well they can hang on to him.
Unless his play changes substantially and he "proves it", in no way is this an improvement to our offensive line and I think that's the issue people take. We aren't trying to tread water with our OL, we NEED to IMPROVE it.
I understand frustration with the signing but after seeing the minimal cap hit this year this deal screams depth/backup especially considering his flexibility. Considering the structure of the contract looks like he's not the plan at OG, and we are going to sign another or draft someone. McGovern will play any of the 5 line positions once an injury occurs, which is always does on OL... if that's the plan i back the signing.
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Ed oliver for Jeudy
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Dude is so average it hurts. Not worth the money. If he left you would never hear about him again.
People need to lose the drought mindset, it's sad. You don't need to cling to every mediocre player.
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11 hours ago, John from Riverside said:
It’s amazing that a 13 and three head coach needs a scapegoat
Buffalo has great fans, but they’ve got some ***** ones to
Keep sticking your head in the sand, John. Enjoy participation trophies and compete incompetence in the playoffs. Texans 2nd half turtle shell, zero gameplan for Hill/Kelce after going up 9-0 to start, 13 seconds absoluteky inexcusible... complete no show vs Dolphins and Bengals this year... we almost lost to Skylar Thompson... Team has gone backwards each of the last 2 years and that's irrefutable.
Hey, have you seen the Bruins this year? Can't believe they fired their highly successful coach this past offseason week who always got them to the playoffs with 100 point seasons... what did they have to gain?
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It wasn't a play, it was my Uncles.
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Last year the Special Teams Coordinator was the scapegoat.
This year it was the Defensive Coordinator.
Who will be McDermott's scapegoat next year? On to Offensive Coordinator? He already did that previously when he fired Dennison, can always go back there again and fire Dorsey I guess...
... walls are closing in ...
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Here's the question... will Josh Allen get an offensive teammate drafted in the 1st round for the 1st time in his career???
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3 minutes ago, Ya Digg? said:
I get your sentiment but this right here is too much hyperbole
No it's not, at all. He could have been fired after 13 seconds and we could have promoted the 2022 Coach of The Year... this year the Bills were a no show for two post season games again, firable offense. The ONLY reason McD has a job is because the GM is in his pocket and the Hamlin situation.
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On 2/24/2023 at 6:00 AM, balln said:
I was saying early this year, pressure is ratcheting up on McD. Needed to make super bowl this year - team looked stacked early in the year. Now national media ( i think of all the talking heads - sims and florio are the most reasonable and legit ) starting to recognize McD and Beane arent getting the job done. Sims is a little more on the side of needing more impact players which I agree. I still think think the right move was keeping Daboll and leaving frazier and McD in kc parking lot after 13 seconds (and hous and kc playoff game poor D performances)
100% can't agree any more. This was pretty much proven true this year with Dabol winning Coach of The Year and seeing the Bills utterly colapse in the post season vs Miami and Cinci both at home.
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25 minutes ago, uninja said:
You're suggesting that the best coach this team has had in something like 2 decades is on the hot seat this year? It took Andy Reid a damn long time to win a Super Bowl and no one ever suggested that he get fired while constantly having the Chiefs in contention.
This place is *something* in the offseason, damn 😂
Absolutely the goal is to win a Super Bowl and he's shown to be a liability each and every post season. He's lucky he has a job now.
I'll never understand this loser mentality that the team used to be bad (cheap owner no QB), so now we are good we can't fire him. Goal is to win a Super Bowl, not be relevant and be lovable losers on primetime TV.
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Good! This officially puts McDermott on the hot seat, it's his defense and they are making him change DC, he's officially been given a warning.
Kim will need to eventually step in because Beane won't fire McD.
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The most difficult part of the draft for these two is selecting players that haven't played for the Panthers yet.
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On 2/25/2023 at 7:54 AM, balln said:
Ooof. I always wonder. Do the bills have to overpay bc of New York taxes. Why isn’t there an adjustment for teams for cap. Seems like a competitive advantage for teams in states w forgiving tax laws
How about the teams use that influence they use for stadium funds on getting the tax rates lowered for all of us? Problem solved.
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6 hours ago, folz said:
I constantly see posters say that Sean and Brandon have focused too much on the defensive side of the ball when it comes to drafting and free agency. This just is not true. But, of course, once something is believed, it is hard to get people to see differently. So, this idea just keeps getting bandied about.
The only thing that could be said/griped about is maybe that the Bills have spent too many first round picks on defense. But that's it. You can't even say too many premium (or Day 1 and Day 2 picks), as you will see below. The first round is the only place where you can say the Bills have gone defensive heavy, but people say it like it has been a rule across all drafts, all rounds, and every year of free agency (as a whole).
Since 2017, the Bills have drafted 44 players: 21 on defense, 22 on offense, and 2 STers. So, overall, the Bills have drafted 1 more offensive player than defensive players over the last six years. Below is a breakdown by round:
Round 1: 5 on defense, 1 on offense (though we should note that another 1st round pick was used on Stefon Diggs, so technically 2 on offense)
Round 2: 2 on defense, 4 on offense
Round 3: 2 on defense, 4 on offense
Round 4: 1 on defense, 1 on offense
Round 5: 3 on defense, 5 on offense
Round 6: 5 on defense, 4 on offense, 2 STs
Round 7: 3 on defense, 3 on offense
So, yes, 5 defensive players to 1/2 offensive players in round one. But rounds 1-3 combined, it's 9 defensive players to 9 offensive players. Rounds 1-5 combined, it's 13 defensive players to 15 offensive players.
And how about free agency? [It was hard to get exact FA numbers as some sites include rookie free agents that made the team and some did not, some included the Bills resigning their own low-tier free agents and some did not. I tried to focus on free agents coming from other teams to the Bills in a particular off-season...but by no means are these numbers definitive.]
But, to the best of my quick researching ability, since 2017, the Bills have brought in 33 defensive free agents, 47 offensive free agents, and 2 Special Teamers.
[Special Teamers in my numbers are kicking specialists only, for players like Taiwan and Tyler M, they were listed as either offense or defense depending, despite really being STs]
So, since Sean McDermott arrived, the Bills have brought in (approx) 54 defensive players total, 69 offensive players total, and 4 Special Teamers total.
I'm guessing that this assumption of being defensive-heavy is coming from the disparity in the first round picks, and the Bills going heavy defensive line the last two years. But again, overall, the Bills have not over-focused on defense when you look at their full tenure, it has only been in regards to first round picks. And I'm sure it doesn't help the perception that those first round picks on defense (outside of Tre White), didn't come in as dominant players right away (Tremaine, Ed, Greg, Kaiir), if they had, I doubt anyone would be complaining that they are over-drafting defense. But, then again, when you are drafting in the bottom-half of round one, it is tough to get one of those guys that just comes in as a rookie and shines right away, so they have drafted a bit for potential (knowing that these players would need grooming time).
You can totally question the Bills draft/FA strategy or the individual players they are bringing in (I want more offensive line help too), but this idea that they only focus on defense is as the thread title states, a myth.
Go Bills!
Lmao "the myth" over focusing on defense... the only first round pick we have used on an offensive player is Josh Allen himself. He's never been given a first round pick to play with on offense... myth???
3 of the 2/3 rounders on offense were at the RB position. Their other selections at offensive players have had crap results as well.
Other than Josh Allen himself the last time we drafted an offensive player in the first round was 9 years ago when Sammy Watkins was drafted #4 overall before he was traded after 3 years.
That's not a myth, my friend, that's called the truth.
Also, sheer count of FAs tells you nothing.
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On 2/14/2023 at 10:51 PM, Ramza86 said:
Ill stay on my couch and save him a spot right next to me because that guy has been a waste of a roster spot his entire career.
Guarantee he'll block you from getting to the fridge... but if your do get there don't try throwing him a beer.
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On 2/18/2023 at 8:31 AM, section122 said:
Check again the only thing he set a record for was fastest 40 for a player over 225 lbs.
The only thing he was best at his own combine was most bench presses.
He had the 30th 20 yard shuttle and 27th 3 cone drill which called into question his agility along with a neck injury in college.
He wasnt the can't miss prospect you are smugly declaring him to be.
This is horrendous revisionist history. DK was literally the talk of the draft/ combine that year, all you hand to do is Google DK Metcalf combine to get all the articles drooling over him. 6'3" 228 jacked monster at WR with 4.33 speed, 27 reps. 40+ vert is absolute insanity and one of the best showings ever for a WR. He absolutely tanked the shuttle and 3 come which he got laughed at for with people saying he doesn't know how to turn.
They reason he fell so far in the draft was a bad neck injury his final year in college... the dude fractured his neck and he was actually told he would never play football again, a second opinion told him he could have a surgery that would allow him to play again. He went straight into the draft didn't play another college game.
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My middle school gym teacher told me to never trust a man with two first names.
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SVB Bank.
in Politics, Polls, and Pundits
Posted
I get it. And it's bull#### that responsible institutions have to pick up the tab time and time again.