Recap: Government Subsidies, DOJ Investigating Fair Isaac & More

 

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Matt P
Matt P (@guest_939428)
March 16, 2020 16:35

If the airlines hadn’t squandered their cash reserves on stock buybacks, we wouldn’t need to bail them out. I say let them fail.

Rhino Saurus
Rhino Saurus (@guest_939447)
March 16, 2020 17:02

Banks too. If only they let Lehman fail we all be happier today.

How is loaning 10,000 to Mr Lee to keep his restaurant help things. He get to keep restaurant open two more weeks with no customers. At the end he owe 10,000 with nothing to show for it.

Frank
Frank (@guest_939690)
March 16, 2020 21:14

Yeah I agree that post coronavirus we should the airline industry consolidated into 2 players that survive and buy all the competitors. That’ll definitely be better for everyone.

-No one

JMR0303
JMR0303 (@guest_939933)
March 17, 2020 02:46

Nah, let the over-leveraged airlines collapse, make room for current little guys to grow, moratorium on further acquisitions/mergers for 10-20 years to prevent the “consolidated into 2 players” situation, then we still have a relatively competitive environment and possibly even a revitalized Amtrak.

Bulk_Hogan
Bulk_Hogan (@guest_939312)
March 16, 2020 13:55

Here’s an article that just came out today..
https://www.justice.gov/opa/pr/serial-non-filer-pleads-guilty-tax-evasion

ieatdogfood
ieatdogfood (@guest_939367)
March 16, 2020 15:02

I wonder if the cash he used to buy money orders was legit. What if he reported that income and still opened bank accounts, credit cards, and bought money orders?

Parts Unknown
Parts Unknown (@guest_939508)
March 16, 2020 17:51

Yeah it’s not well described. I don’t understand what opening bank accounts and buying money orders has to do with not paying taxes…

Secret Shopper Squirrel
Secret Shopper Squirrel (@guest_939307)
March 16, 2020 13:47

3 credit bureaus all give u same credit scores. I always thought 🐵 business at the highest level.

ieatdogfood
ieatdogfood (@guest_939153)
March 16, 2020 10:31

I’m not sure where to ask this, so I’ll just do it here.

Does anyone know if visa gift cards are “safe” during this time of uncertainty? I’m not talking about fraud or thieves, more along the lines of the company itself taking your funds (i.e. Blackhawk)?

I’m liquidating slower than usual so I may scale back my float.

Grant
Grant (@guest_939306)
March 16, 2020 13:44

I have no inside info, but I am pretty sure they have big $$$ they are floating on GCs, so I wouldn’t worry about their liquidity or anything. Probably just business as usual for them.

ieatdogfood
ieatdogfood (@guest_939358)
March 16, 2020 14:51

I’m still in the worry boat so I’m keeping my float to a minimum. From what I read, though they are backed by particular banks (Sunrise, Bancorp, etc), I see no mention of insurance as if we kept our own money at those banks. Even if there was a temporary hold on funds (i.e. 6 months), I prefer my money to stay free and be moved at any time.

It’s been business as usual for me, nothing in my life has changed. I know this social distancing and quarantine can cause a huge fuss and debate so I’m just going to avoid saying anything else.

Secret Shopper Squirrel
Secret Shopper Squirrel (@guest_939310)
March 16, 2020 13:49

I would worry. In a Meltdown anything is possible.

Parts Unknown
Parts Unknown (@guest_939340)
March 16, 2020 14:33

I wouldn’t be going to stores to liquidate cards. More important things than MS

Celia
Celia (@guest_939135)
March 16, 2020 10:08

Feel so bad for those with weddings or other family affairs. But I know I wouldn’t want to put them at risk. Just stinks all around. Stay safe and heathy.

Evan
Evan (@guest_939626)
March 16, 2020 19:44

I want to see how many people are still “engaged” after spending a lock down/quarantine together for X amount of time… Just sayin’… Time is the true test.