Silicon Valley Bank collapse..

[man down]

*****: The banking crisis is not over yet.

[man down]

"But look at the job numbers"

44% of Americans now have a second job. Isn't it awesome! But those job numbers are amazing! Lol

[man down]

The stock market bottoms AFTER the unemployment rate rises.

[Offensive Wizardry]

funny how this story has gone away from the news cycle...

bumped off by of course:

***** about to get arrested news.




its like clockwork.

[man down]

And another one.
It's official, the 16th largest bank in the USA has failed and been taken over by the FDIC.

[man down]

And another one?

[GhostofDempsey]

It's starting to look like 2008 all over again.

The largest bank failure in U.S. history was Washington Mutual Bank in 2008. It had $307 billion in assets and $188 billion in deposits.

Silicon Valley Bank, Signature Bank and First Republic held a total of roughly $548.1 billion in assets and $367.9 billion in deposits, FDIC data shows.

First Republic had approximately $229.1 billion in total assets and $103.9 billion in deposits as of April 13. Silicon Valley Bank, the second-largest bank failure at the time when it folded, had $209 billion in assets and $175 billion in deposits.

Signature Bank had $110 billion in assets and $89 billion in deposits.

[man down]

Ummm this doesn't sound good.


The Treasury and the Fed may have to come in and actually restrict your right as a US citizen to pull money out of the US banking sector, due to capital flight from the US banking system, Hugh Hendry said on Bloomberg.

[man down]

Us bank deposits fell by $13.8b in week ended may 3
*us bank loans, leases fell by $15.7b in week ended may 3

[man down]

Everything is fine. Gotta watch out for that "discrimination"



NYC FREEZES DEPOSITS AT CAPITAL ONE AND KEYBANK