And so it begins

[the_great_white]

And now everyone's panicking trying to get their ratios down real quick

 

[rbstern]

And now everyone's panicking trying to get their ratios down real quick

Yeah, but only because the public is now aware.

San Fran's Federal Reserve Bank web site is littered with DEI crap. I'm sure, as soon as they find a gender queer, drag show perfoming CPA to lead the effort, they'll get right on the issue of protecting the public from Kamikaze bankers.

 

[BHPSteel]

For nearly 2 months, a short seller was warning on Twitter that Silicon Valley Bank was about to blow up. 'It was sitting there in plain sight.'

The first tweet was Jan. 18: "Dig just a little deeper, and you will find a much bigger set of problems at $SIVB.”

fortune.com

 

[Glock 21]

For nearly 2 months, a short seller was warning on Twitter that Silicon Valley Bank was about to blow up. 'It was sitting there in plain sight.'

The first tweet was Jan. 18: "Dig just a little deeper, and you will find a much bigger set of problems at $SIVB.”

fortune.com

I bet he made a fortune shorting them unfortunately now he has to find a bank trustworthy enough to deposit his loot

Sad part is the middle class is the ones that will feel the most hurt per usual from all of this. Thing to really think about is some of the people that were upper class a few years ago have fallen into the middle class range down because we are trashing the value of the dollar

 

[rbstern]

Latest: Credit Suisse is teetering on collapse. UBS is going to buy it for $2 billion, and is going to be backed by a $100 billion line of credit from the Swiss central bank.

Gents, we're witnessing the equivalent of a tall ship, shot full of holes, talking on water, unshipping and throwing cannons overboard in hopes of saving the ship.

Steer clear of bank stocks for the near future. It's getting ugly.

 

[rbstern]

First Republic is now part of history.

This was a controlled demolition, carefully orchestrated to maintain confidence. We're definitely not out of the woods.

 

[hikingthehills]

First Republic is now part of history.

This was a controlled demolition, carefully orchestrated to maintain confidence. We're definitely not out of the woods.

They know it's bad, we're not privy to know how bad YET. When people start jumping out of office buildings is when we'll find out.

 

[rbstern]

They know it's bad, we're not privy to know how bad YET. When people start jumping out of office buildings is when we'll find out.

Us...

 

[WinstonSmith]

They know it's bad, we're not privy to know how bad YET. When people start jumping out of office buildings is when we'll find out.

They have to give all the important folks time to make their moves before they allow the serfs to panic.

 

[rbstern]

They have to give all the important folks time to make their moves before they allow the serfs to panic.

Not everyone important. Just their donors.