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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: research1234 who wrote (187347)3/11/2023 1:08:17 PM
From: SGJ1 Recommendation

Recommended By
rdkflorida2

  Read Replies (1) | Respond to of 207827
 
Well, given enough of a run, any bank would fail. This one's strange though for one main reason, why not borrow against assets at the discount window to provide liquidity? The FYE report shows assets were available for collateral. That's what the discount window is for. Strange.
Also, why didn't the FED/OCC reinstate the dda reserve requirement for banks? Especially with QT and rapid rate raises, destroying bond portfolios. Are they going to finally do that? Should be 10%, its 0%
ceicdata.com.

Media is out to spread more panic this weekend, hoping to cause more carnage next week I guess. May suit up again and get back to banking temporarily if this chit continues. Failed bank work pays real well. Few bankers left that know what the heck they are doing. Diversity, you know.