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One article headline was "Silicon Valley Bank had more red flags than a CCP meeting." I got a good chuckle out of it.
Yeah, we see a lot of banks coming out with releases saying "we are fine, we are in great shape, we are different", and some folks are looking at...
A lot of regional banks/stock are a total dumpster fire this morning. At this point, I could see a few of them suffering the same fate. They are...
A lot of pause/halts in the bank stocks. Some are getting hammered significantly this morning.
Yeah, and it looks similar in PACW (Pac West Bancorp), WAL (Western Alliance Bancorp), just getting hammered early. I don't know anything about...
Statement from the FED....for those interested. Washington, DC — The following statement was released by Secretary of the Treasury Janet L....
Here is the latest plan... Regulators unveil plan to assure depositors will get money after SVB collapse CNBC Banking regulators devised a plan...
Another update.... Regulators unveil plan to assure depositors will get money after SVB collapse CNBC Banking regulators devised a plan Sunday to...
Regulators close New York’s Signature Bank, citing systemic risk CNBC. U.S. regulators said Sunday that it shut down New York-based Signature...
SVB staff offered 45 days of work at 1.5 times pay (Reuters). NEW YORK, March 11 (Reuters) - Employees of Silicon Valley Bank were offered 45...
I'm all for the guy who works for a living and makes his own way. As a taxpayer, I wouldn't mind paying extra for senior citizens and military...
Yeah, I have a hard time with any of the FOMC. They ignored the building inflationary environment too long. Remember....it is all...
A lot is beginning to trickle out about this bank. Of course who knows how much is accurate and by the same token, how much more might be swept...
For what it's worth.....if you believe her or not. She is going on record....and that may or may not mean anything to her or anyone for that...
Kind of on a related note to the above. I got to thinking about some of this and our pandemic downturn. I realized as time goes on we have...
Some good discussion on the bank deal. Here is an interesting chart. Looking back on it brings back some memories. Bank failures since 2009...
Well, it appears the sale continues. That is about how I'm looking at the week. I am able to make some contributions and get some additional...
I could see some of those other "banks" listed in the article some posts above, FRC, SBNY, WAL, PACW....having some issues since they are somewhat...
Yeah, looks like they are gone as of today and into FDIC receivership. Yesterday prior to, the main guy was "everything is fine...nothing to see...
FDIC closes Silicon Valley Bank after bank fails to raise new capital (Yahoo Finance). Troubled lender Silicon Valley Bank has been closed by the...
