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To: Beave Meister
Wow, how do you explain this to B of A or J.P. Morgan shareholders? "Sorry, but the SVB morons just got your next dividend payment..."

It seems that BoA and JP Morgan have to transfer AFS assets and probably cash to secure SVB. The question is how weak does that make BoA and JP Morgan? I’m not a customer of either, but if I were, I would be looking for a new bank tomorrow morning. I’m not waiting for the answer.

15 posted on 03/12/2023 7:39:59 PM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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To: ConservativeInPA
It seems that BoA and JP Morgan have to transfer AFS assets and probably cash to secure SVB.

How do you figure that?

23 posted on 03/12/2023 7:59:05 PM PDT by Toddsterpatriot (TANSTAAFL)
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