semi_cityplan

Re:FDIC Takes over Silicon Valley Bank on Saturday March 11, 2023 @09:29PM (#35115772)

Four questions - where does a bank store cash? What is the IORB and what are its underlying assumptions? What is the overhead cost in banking? What is the cost of ACH and a wire? I don’t contend you can just have money sit there. I also don’t contend that it was stupid in hindsight to be this levered to duration. But there is an overhead cost in banking.

Re:FDIC Takes over Silicon Valley Bank on Saturday March 11, 2023 @09:30AM (#35108522)

Deposits aren’t free. We will use round numbers. If I take $100B in deposits and pay .5% interest, that’s an expense of $500M per year and including overhead even when rates were 0, deposits at a bank cost more than 0.5%.

So I need to lend it out so I can make the spread and I’m not just bleeding it money

Ask HN: How to protect my data at work

Posted by semi_cityplan on Tuesday December 13, 2022 @02:59PM
from the ask-hn dept.

I work for a medium sized private investment organization (~$6B AUM - 30 people). Our cybersecurity is truly lacking and it’s something I’m working on fixing. Im an investor, not the IT team (that is outsourced to an MSP).Im concerned about the inevitable ransomware attack that is coming to our network.What can I do as an individual worker to not be blocked on that zero-day. We have no DLP and...

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Ask HN: What is the residual value of a foundry

Posted by semi_cityplan on Thursday October 28, 2021 @01:18AM
from the ask-hn dept.

Seeing all of these foundries talk about investing billions into new fabs. What is the residual value of a fab? Does it just go to zero when the next process comes out? - accounting for equipment, property, and land etc. - like 30% of the initial cost?

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