SVB collapse: Moody's flags six other banks with concerning credit ratings

FOX Business ^ | March 14, 2023 | By Aubrie Spady

[Sirius Lee]

Print. Print your way to prosperity!

[NautiNurse]

Financial pundit scuttlebutt names Credit Suisse as the next collapse. Check out the website. Credit Suisse is awash with Diversity, Inclusion, and Sustainability jabberwocky.

[Tell It Right]

What was Moody’s ratings of the failed banks before their collapses? Can anybody get that info?

[blackdog]

The fed forced banks to hold treasuries over mortgages to avoid 2008 again. Fifteen years of 1.5% treasuries suddenly facing 4.5% treasuries leaves an awful lot of reduced value Treasury holdings.

[Magnum44]

I dont use a bank. I use a credit union for basic services (checking, savings, VISA card). My retirement funds are manged by a retirement financial services group and are in mostly mutual funds.

I think my assets are more secure than if they were in a bank, but I presume the fall out of this banking failure can have ripple effects into these other institutions.

[spacejunkie2001]

they’ve been failing for quite a while now. this is probably just going to put them over the edge

[blackdog]

Charles Payne for Fed Chairman.

[hardspunned]

The pensioners relying on woke state and city investments for their retirements will be clamoring for a DC mulligan to wash away the state and city stupidity and losses.

[dfwgator]

All part of the plan.

To “Build Back Better”, you must destroy, first.

[Sicon]

MAZA!!! (Make America Zimbabwe Again!)

[shotgun]

The Detroit Tigers better hurry up and cash their royalty check from Comerica for the stadium naming right.

[SaveFerris]

[Print. Print your way to prosperity!]

Woohoo!!!

[ronnie raygun]

All listed probably celebrate gay lesbian and transgender ACTIVISM as well as diversity equity and inclusion with the heavy investment in climate change and ESG you have nothing to lose but your life savings. Its not about economics

[broken_clock]

I’m laughing at your post but probably shouldn’t be.

[crusty old prospector]

Zions? Ain’t that the Mormon bank?

[Eleutheria5]

Any jumpers on Wall Street yet?

[ridesthemiles]

The newer buildings in NYC were built with windows that CANNOT be opened-—due to Oct 1929.

[Antoninus]

So the 2008 banking crisis was largely the result of banks making too many very risky loans based on leftist political demands.

The coming 2023 crisis is due to more of the same. Gee. Who couldn't see that coming?