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LuckyCharms

(22,451 posts)

2. This is bad. n/t

Reply to riversedge (Original post)

Fri Mar 6, 2026, 04:20 PM

22 hrs ago

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irisblue 2naSalit BeerBarrelPolka IbogaProject TBF Wednesdays raging moderate

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BlackRock, the world's largest asset manager, just BLOCKED withdrawals. [View all] riversedge 22 hrs ago OP

Is this the modern equivalent sarisataka 22 hrs ago #1

Yes it is. Trump has until Monday to figure this out. Buckeyeblue 22 hrs ago #4

Yesterday I that Trumpy was headed to the golf course this weekend--Dorel I think. riversedge 21 hrs ago #6

How is this different from every weekend in his miserable life? AZ8theist 20 hrs ago #31

and the grreat depression 1.0 AllaN01Bear 21 hrs ago #10

He'll have to call Obama. Joinfortmill 19 hrs ago #44

Well I feel terrible now D_Master81 19 hrs ago #45

And there is no way he's going to figure this out. He couldn't figure his way out of a paper bag. Scrivener7 17 hrs ago #50

It might be slightly misleading Renew Deal 21 hrs ago #8

Not exactly misleading if you consider they bumped against that limit hard. Ilikepurple 17 hrs ago #53

I agree overall Renew Deal 6 hrs ago #56

Yes, I agree that that part was misleading as it was an existing restriction built in the terms Ilikepurple 24 min ago #72

No... Happy Hoosier 4 hrs ago #62

Bigger risks. SergeStorms 2 hrs ago #68

Not quite Lucky Luciano 15 min ago #73

This is bad. n/t LuckyCharms 22 hrs ago #2

We should expect more of this. liberalla 22 hrs ago #3

Another link UpInArms 21 hrs ago #5

Blue Owl was also (until recently) neck-deep in AI lending . . . hatrack 20 hrs ago #29

Thank you, this seems like a clearer version of what's happening. enough 20 hrs ago #30

So the news isn't all bad. SergeStorms 19 hrs ago #39

That's going to set off a bank run Renew Deal 21 hrs ago #7

BlackRock is not a bank Celerity 21 hrs ago #15

I know Renew Deal 21 hrs ago #17

all good, I enjoy your posts RD Celerity 21 hrs ago #21

No problem Renew Deal 5 hrs ago #58

indeed they do, and rightfully so Celerity 5 hrs ago #59

True lonely bird 3 hrs ago #65

Great link - thanks. TheRickles 20 hrs ago #25

yw! Celerity 20 hrs ago #26

OMG. It sounds like a place that makes risky investments... ananda 19 hrs ago #33

There is always risk Renew Deal 6 hrs ago #57

I believe that the risky investment market was what Dr. T 3 hrs ago #63

I have a brain injury, so I am not that smart any more. usedtobedemgurl 21 hrs ago #9

Here is some related info: Regulation D and savings account withdrawal limits - here's what changed Celerity 21 hrs ago #14

Banks with FDIC and credit unions with NCUA coverage are protected Bluejeans 21 hrs ago #16

Thank you. usedtobedemgurl 21 hrs ago #19

the FDIC only covers up to $250,000 per depositor, per ownership category Celerity 19 hrs ago #37

And we should not forget that Trump has considered getting rid of the FDIC markodochartaigh 6 hrs ago #55

And you think the FDIC? k55f5r 2 hrs ago #69

No, it should not affect your withdrawals from your bank. Blackrock is a private equity fund, not a bank. SunSeeker 21 hrs ago #18

Thank you so much for the information. usedtobedemgurl 21 hrs ago #20

If it topples crypto...... SergeStorms 19 hrs ago #41

This message was self-deleted by its author dixiegrrrrl 20 hrs ago #24

Have tbi too - it's sooo frustrating. During doge I took half my savings out and now I can't remember where tazcat 19 hrs ago #42

Oh my gosh! usedtobedemgurl 17 hrs ago #54

I don't think it will be an issue Bob_in_VA 3 hrs ago #66

Golden parachutes for the c-suite, markodochartaigh 21 hrs ago #11

I saw a video by Mark Thompson and David Cay Johnston markodochartaigh 21 hrs ago #12

This video is important worth watching Renew Deal 3 hrs ago #67

Has anyone informed the top law enforcement official Attorney General Pam Bondi on this development? Uncle Joe 21 hrs ago #13

Pam immediately sent a criminal referral to the director of the FBI. rubbersole 19 hrs ago #34

Kash is much too busy...... SergeStorms 19 hrs ago #43

I informed her and this was her response BaronChocula 19 hrs ago #40

You Forgot The Part... ProfessorGAC 18 hrs ago #46

Her ignorance makes her a shoo-in for this regime BaronChocula 18 hrs ago #47

I feel like this was getting downplayed 617Blue 21 hrs ago #22

Cockroaches flamingdem 20 hrs ago #23

FFFfffffffuuuuuuuuuuuuckk. Maru Kitteh 20 hrs ago #27

So more like bear stearns angrychair 20 hrs ago #28

Look at how much trump is spending... slightlv 20 hrs ago #32

wasteful lrucks1952 3 hrs ago #64

Good!!! OC375 19 hrs ago #35

From MSN LiberalArkie 19 hrs ago #36

Part of what this shows is that the decisionmakers in the company make so much that they have $400 million to throw back Scrivener7 17 hrs ago #51

oh, they got the money but they sure as hell don't want to be playing with their own money. uncle ray 5 hrs ago #60

I agree that is the question. There is information they are privy to but you and I are not. And I have seen the argument Scrivener7 4 hrs ago #61

Why private credit is creating major concerns among economists SamuelTheThird 19 hrs ago #38

If their clients can't liquidate, then they can't take advantage of the firesales that are going to occur. Buddyzbuddy 18 hrs ago #48

Is the "K-shaped economy" going lame? BaronChocula 17 hrs ago #49

Private Credit OC375 17 hrs ago #52

Doesn't sound 'free market' Quanto Magnus 1 hr ago #70

It's all Bidens fault! Be The Light 25 min ago #71