What is Capitalism

[Luxman]

Silicon Valley Bank’s CEO sold $3.6 million of stock in potentially ‘problematic’ transaction days before historic bank failure - Mar 10, 2023
https://fortune.com/2023/03/10/silicon-valley-bank-ceo-greg-becker-3-6-million-stock-sale/


CEO describes pulling money from bank hours before collapse - Mar 11, 2023

Ex-US Treasury official weighs in on Silicon Valley Bank failure - Mar 11, 2023

Silicon Valley Bank customers left in the cold and the dark - Mar 11, 2023

 

[Luxman]

Silicon Valley Bank biggest US lender to fail since 2008 financial crisis – a finance expert explains the impact - Mar 10, 2023
https://theconversation.com/silicon...s-a-finance-expert-explains-the-impact-201626

 

[Luxman]

 

[Luxman]

 

[Luxman]

 

[Theopolis Q. Hossenffer]

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Except if he had a surviving spouse they are still liable for the bill. Only if he was single will the bill die with him.

 

[Luxman]

Mormon who left Wall St. to work for charity blows whistle on what he says is his church's "clandestine hedge fund" - May 14, 2023
https://www.cbsnews.com/news/mormon...allegations-60-minutes-transcript-2023-05-14/

5% is the average amount that charities / non-profits give out from the donations they receive.
Most charities are scams, they should have to pay taxes or have to give out at least 75% of the donations they receive.

 

[Luxman]

Except if he had a surviving spouse they are still liable for the bill. Only if he was single will the bill die with him.

What if he dies in the hospital, does his spouse still have to pay the bill???
What if his spouse had already died, would his children be liable for the bill???
Is it a federal law or is it different in every state?

 

[Theopolis Q. Hossenffer]

What if he dies in the hospital, does his spouse still have to pay the bill???
What if his spouse had already died, would his children be liable for the bill???
Is it a federal law or is it different in every state?

My understanding is spouses are co- responsible for joint expenses in a marriage. Children are not. Bills can die with a surviving spouse but any leftover assets are used to pay any outstanding bills. If there are more bills than assets last guy in line is SOL. That has been my experience in Illinois but believe it is pretty universal. Doubt it is Federal.

 

[Luxman]

Corporate tax rates were 90% under Eisenhower.

 

[The Yak]

I was laid off in April so I have a lot of free time on my hands. I will be spamming this thread until I have to start living out of my car.

 

[The Yak]

 

[Harpsman]

A friend sent me this - does this answer the question posed in the thread title?

https://twitter.com/i/web/status/1661685722221297667

 

[Harpsman]

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I was laid off in April so I have a lot of free time on my hands. I will be spamming this thread until I have to start living out of my car.

Sorry to hear this. Something hopefully comes your way.

 

[The Yak]

 

[The Yak]

 

[Luxman]

The good ole days of capitalism before unions and labor laws, soon to make a comeback in republican states.

 

[The Yak]

 

[The Yak]

 

[The Yak]