[SeekAndFind]

ACCORDING TO THE AUTHOR ( A FOUNDER AND CHAIRMAN OF A COMMERCIAL BANK HE STARTED ALMOST 30 YEARS AGO ):

“The vast majority of banks and bankers appreciate the dangers of perfect storms and manage their banks in a moderate, balanced, and conservative manner. Don’t be confused by fear into thinking a lot of banks make the same mistakes as did SVB. Understand the clear (in hindsight) path SVB took to destruction and realize that bank owners don’t want to suffer the same, and inevitable, consequences for poor management.”

[CFW]

What about First Republic Bank and others that are possibly in similar situations? When they go under will it be time to panic?

[zeestephen]

Why did the Federal Reserve not take possession of the SVB 10 Year Treasuries and promise to print money for the full face value of the T-Bonds?

To my eye, this still looks like an old fashioned run on the bank.

As far as I know, no one has even suggested that there is any problem with the SVB loan portfolio - just with cash reserves.

Bottom Line - when half your depositors withdraw their money in a couple days, every bank in the world is going to default.

[Organic Panic]

I wasn’t panicking about SVB.

I am panicking about the government regulations of every bank and Biden’s quest to destroy the economy.

[catnipman]

article is complete bullshit ... it’s estimated that the paper owned by midsize and small banks is 2 trillion dollars underwater, a result of bidenomic’s inflation/interest rate trap and the incredibly stupid bankers who needlessly fell into that trap ...