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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (10561)3/12/2023 7:11:41 PM
From: Broken_Clock  Respond to of 13775
 
yes Virginia, it's all the republicans' fault




To: Elroy Jetson who wrote (10561)3/12/2023 7:41:36 PM
From: robert b furman  Read Replies (2) | Respond to of 13775
 
Hi Elroy,

I agree!

I've read SVB was the 15th largest bank in the USA.

Not a very deep bench when it comes to ensuring our bank system is solid?

I'm hopeful it is a one off.

What worries me the most is does Crypto play a part of other banking systems illiquid assets?

Just IMO, Crypto is a worthless scam and can be a huge loss of banks capitalization in a worst case collapse of value (with no liquid assets to back it up - and surely no government bail out assistance).

The second shoe to fall could be illiquid Crypto assets as they fall to $00.00. Don't know. but wondering?

Bob



To: Elroy Jetson who wrote (10561)3/12/2023 10:54:13 PM
From: Broken_Clock  Respond to of 13775
 
The law, which Congress passed with bipartisan support, eases rules on all but the largest institutions.


“When the president signs this, we put community banks back in the mortgage lending business, which is really exciting for me,” Sen. Heidi Heitkamp, D-N.D., told CNBC on Wednesday.


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