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Bank of America rakes in $15 BILLION as panicked customers ditch smaller lenders for ‘too big to fail’ firms in wake of SVB crisis - with ‘goliaths’ like JP Morgan also ‘winning’, analysts say
DAILYMAIL.COM ^ | 15 March 2023 | HELENA KELLY

Posted on 03/15/2023 3:18:26 PM PDT by dennisw

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To: nickcarraway

It sure is. Customer service is poor - rude, unhelpful.

I am pulling out and opened up an acct with smaller bank today.


61 posted on 03/15/2023 5:14:10 PM PDT by Karoo
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To: Varda

They’re absolute dicks. Several long stories, but never again. They’re constantly send me CC applications too that I just keep tearing up.


62 posted on 03/15/2023 5:14:24 PM PDT by Prince of Space (Let’s Go, Brandon! )
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To: thefactor
But if the govt is just gonna bail you out, why not keep your money in smaller banks? There’s no risk.

It has to be a bank big enough to rent Congressmen (you can only rent them, they aren't honest enough to stay bought). If you don't pay the "insurance" your bank might be set on fire, just like the mafia.

63 posted on 03/15/2023 5:16:58 PM PDT by KarlInOhio (Gain of Pfunction. Gain of Pfunding. Gain of Pfizer. Now in control of Project Pferitas.)
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To: moovova

15 million is chump change to a bank, so yes, its gptta be billion.


64 posted on 03/15/2023 5:46:14 PM PDT by Dave W
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To: dennisw

The Democrat plan.

Get the people to panic and place their money with a tiny handful of huge banks that are already corrupt and owned by the elite and the politicians. It seems voluntary so the corrupt elite have a sliver of cover.

Once a vast majority of cash is in their control, the banks go to digital currency, start the already emplaced social scoring and turn what is left of the USA into the USSR on steroids.


65 posted on 03/16/2023 12:18:40 AM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: dennisw

intended, after this comes digital currency because what happened with the smaller banks cant be tolerated


66 posted on 03/16/2023 4:20:12 AM PDT by ronnie raygun
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To: Carriage Hill

Great!~~


67 posted on 03/16/2023 10:10:06 AM PDT by Osage Orange
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To: moovova

Editing is a lost art.


68 posted on 03/16/2023 10:30:13 AM PDT by Irish Eyes
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To: dennisw

The large banks that are Primary Dealers are the most connected (mafia style) and too big to fail. Here is the list.

https://en.wikipedia.org/wiki/Primary_dealer#:~:text=As%20of%20May%206%2C%202019%2C%20according%20to%20the,Co.%208%20Citigroup%20Global%20Markets%20Inc.%20More%20items

Nice link, Dennis. Quite shocked to see that WIKI is “outing” some of their “brethren”.


69 posted on 03/16/2023 2:51:59 PM PDT by Salty Longshanks
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