How’s this?
Posted on 03/14/2023 7:59:25 AM PDT by Oldeconomybuyer
Moody's Investors Services, a credit rating system, put several banks on review for a potential downgrade following the collapse of Silicon Valley Bank (SVB).
The Federal Deposit Insurance Corporation (FDIC) announced the closure of Silicon Valley Bank on Friday amid a run on the bank, a move that raised concerns about the potential of future bank collapses.
Following that collapse, Moody's placed First Republic Bank (FRC), Zions (ZION), Western Alliance (WAL), Comerica (CMA), UMB Financial (UMBF) and Intrust Financial on review, meaning the banks are now perceived as more risky investments by lenders.
(Excerpt) Read more at foxbusiness.com ...
Well, there’s always subway platform diving. Just disguise yourself as a Chinese woman and walk in front of a homeless guy.
I've been a credit union member for many years. My credit union survived the great financial crisis. There were CU failures, but the big problem was with what is called corporate credit unions. They offered services to customer based credit unions.
Before the GFC hit, I had a checking account and CD's with a big money center bank(BMCB) and played ping pong to get the best rates between my CU and the BMCB. At some point before the banking crisis took off, the BMCB started limiting electronic transfers leaving the bank. Of course there was no restrictions on electronic transfers going into the bank.
The final straw with the BMSB was they wouldn't let me terminate a CD prematurely online. I had to do it in person. The closest BMCB office was over a hundred miles away. I made the trip and closed out everything except my AA miles card..
n.b. - Credit Suisse has been a concern for awhile. This might push them pretty hard.
Credit Unions are good places to bank. Have a Navy Federal account, credit card, etc - top notch.
Do a Google image search for: “Jump For Trump”.
Today, those windows protect Progressives.
How’s this?
; )
There has been quite a bit of consolidation with credit unions in my area. Small credit unions merged with bigger CUs because it was too expensive to meet regulatory requirements.
The answer is yes.
Open the 'wayback' machine. (http://web.archive.org/)
Plug in moody's (https://www.moodys.com/).
Select a date, there are hundreds to choose from going back to 2000.
Drop into the page of interest.
At least he is paying
Contrarily, my stocks are still surging upwards. Not complaining.
On the one hand, MAZA evokes “Please don’t beat me, maza!” On the other, MAZDA is a decent little car, voted best in 2022. Which acronym is better? You decide.
Only difference between that picture and one of Germany in 1929 is the skin pigmentation.
Oh noes, maza. I gots to tink on da.
Moodys is always a day late and a dollar short—total joke.
Pigs get fat and hogs get slaughtered—great time to congratulate yourself on your wise investment strategy—and cash out now.
Not yet.
Wow, Moody’s may have just written the “IndyMac letter” to unravel CRE debt. Wow.
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