[Tell It Right]

SVB depositors should learn to code. (typed in my best Brandon voice)

Ironically a huge portion of SVB depositors are tech companies and startups.

[CivilWarBrewing]

The Deep State has given the media an assignment..

SPREAD MORE COMMUNITY/REGIONAL BANK FEAR PORN!

[dynachrome]

It looks like ‘uninsured’ is now fully insured for depositors.
Investors? We’ll see. But remember, it’s not a bailout./s

[Leaning Right]

[desertsolitaire]

I’d like to see a list posted.

[Spok]

I didn’t start worrying until Brandon said there was nothing to worry about.

[DugwayDuke]

News Flash.
Your money isn’t in a bank vault.
Only arround 15% is retained at the bank.
The rest has been loaned out.

[C210N]

There's local fallout here in MA. What about your state?

MASSACHUSETTS — A coalition of midsize banks across the country, whose members include several in Massachusetts, has asked federal regulators to fully insure all deposits for the next two years, Bloomberg reported.

[marshmallow]

One of the principal objectives of the slew of sanctions imposed on Russia was to bring its banking system to its knees.

Ironic, then, that it’s the American banking system which is circling the crapper.

[Clutch Martin]

Just out of curiosity... are credit unions immune?

[ridesthemiles]

Mad Maxine should have no part in any of this banking scandal repair.

She & her BANKER HUSBAND have not run their banks very well.

Having her on the “Banking Committee” is like having OJ controlling Battered Women’s Shelters.

[Parley Baer]

So, there are 200 woke banks in this country?

[Clay Moore]

We have a men’s group from church that meets periodically for lunch. One member is a local banker. When asked about the failure he said that all banks are upside down right now due to outstanding loans at low interest rates and the Fed raising rates from zero to 5%.

[Retain Mike]

The situation reminds me of the poor bank CFO’s, who are too often placed is a nearly hopeless position. They kept saying for years, “you can’t borrow at a greater rate of interest than you lend at”. However, in meetings they were overcome by the bell, whistle, and light show power point presentations from sales and marketing people who filled up the balance sheets with bonds and mortgages earning 1% to 3%. Now I see a CD going from 1.2% or less a year ago increasing to 5.4%. Except for commercial lending, banks borrow short term and lend long term.

You can set the capitalization rate anywhere, but when you see such dramatic changes in interest rates over twelve months balance sheets are going to be trashed unless disciplines were followed on the front end. In the late 70’s and early 80’s I saw most Oregon state chartered banks go out of business. Few would have memory of that time.

[mewzilla]

And how many public pension funds?

Reasons I wonder...

https://www.citybeat.com/news/ohio-teachers-pension-system-wont-say-what-it-lost-on-failed-silicon-valley-bank-14940460

https://www.dailymail.co.uk/news/article-11868161/State-pension-funds-lose-whopping-136-8-MILLION-following-collapse-banks.html

[Presbyterian Reporter]

First Republic Bank (FRC) is leading the bankrupt bank parade today as it set a new 52 week low. FRC is now down about 95% from 3/22/2022.

52 Week Range
$11.52
03/20/2023
$174.21
03/22/2022

[Presbyterian Reporter]

It might be a good idea to take a few hundred dollars from your bank account today.

No reason to wait in line as the bank contagion seems to be spreading.

[MeneMeneTekelUpharsin]

Everyone should keep publishing this stuff until the banks do fail. Then, we can break out into a complete and total civil war making sure we kill all of the offspring first just to hurt people emotionally as much as possible before the adults get really busy killing each other.

From my readings in history and the Bible, I can come up with ways to leave people alive, but wishing they had never started all of this corruption and evil. Would start with the Antifa/BLM types and after making videos of them begging people to stop fighting because of what my forces would do to them, would then move on to anyone else who felt the need to fight. Peoples’ minds CAN be changed to become compliant.

As I have posted before, I have a solution for this. Really.

[Honest Nigerian]

Try saying this: Ten Trillion Dollars.
Or maybe we shorten it to TTD.
I mean a trillion sounds like a lot. Then ten times that is 900% bigger.
The way Ten Trillion Dollars Trips off the Tongue is Quite Telling.

[glorgau]

NO BAILOUTS FOR BIG DEPOSITORS.

Someone somewhere is going to have to be taught to practice risk management.