More Big Banks are Collapsing

Now all-of-a-sudden we hear about several more big banks on the verge of collapsing.

After 2 other big bank failures recently, we were oh-so assured by Government Leadership (elected and appointed) there's no bank crisis and taxpayers won't have to get rooked again.

Bank stock prices tumbling too!!

FDIC may not have enough again !! 😁

Other banks are being called upon to buy off the bad paper !! 😁

The political banking atmosphere is dangerous and it connects nicely to this new mortgage deal that will funnel money from people with good credit to people with bad credit getting favoritism loans (highly prejudicial against people with money through no fault of their own!) 😁

Some new mis-managed and (screwdriver) micro-managed outfits are:

PacWest
Western Alliance
Comerica
Zions Bancorp
and more!!

Why do they keep lying to the Public about bank robbers that own banks?

In the meantime, the heavily politicized Federal Reserve keeps raising interest rates that keep killing property values and raising loan costs !!!

The regional banking crisis is expanding

Federal Reserve chair Jay Powell yesterday said that the U.S. banking system is "sound and resilient."

The big picture: It was akin to a sports team owner giving the coach a vote of confidence. If you're compelled to say it, things really aren't going well.

Driving the news: PacWest reportedly is exploring strategic options, including a possible sale, acknowledging "discussions are ongoing" with "several potential partners and investors."

Shares in the Los Angeles-based lender were down 71% on the year as of yesterday's market close, and got further routed at today's open.

Phoenix-based Western Alliance also is seeking help, per an FT report that sent its shares tumbling even further. [Update: Western Alliance is denying the FT report, adding that it has not hired advisors. Trading of its shares have been halted multiple times].

Behind the scenes: The FDIC isn't involved in either situation. At least not yet.

a reply to: xuenchen

TD Bank is in " Trouble " to .

Democrat appointed Treasury Secretary Janet Yellen (a month ago!)..........we should ALL be grateful 😁

Treasury Secretary Janet Yellen assures that American’s money is safe in the banks

a reply to: xuenchen

Is very clear, but see the biden administration with the bias media is keeping the news under the table, they are allowing the banks collapse one at the time, soo the buy out and pay off by the tax payer does not look soo outrageous.

Raising interest only benefits the loan sharks at the expenses of the working class.

originally posted by: marg6043
a reply to: xuenchen

Is very clear, but see the biden administration with the bias media is keeping the news under the table, they are allowing the banks collapse one at the time, soo the buy out and pay off by the tax payer does not look soo outrageous.

Raising interest only benefits the loan sharks at the expenses of the working class.

More Treasury Looting 🤡

We all must unite as a nation and believe our President !!!

Here he is a month ago reassuring and straight forward with honesty 🤡and😎

President Biden Remarks on Banking and the Economy

a reply to: xuenchen

Wait when the digital currency is enacted, the banks will loot at will, we will own nothing.

Can it get much more obvious who's administration this really is?

Just think; if certain parties hadn't become so complacent in 2016 everything that's happening today would already be history.

a reply to: nugget1

A very revealing graph 👍

They can't hide from The Sun !!! 🏆

originally posted by: Zanti Misfit
a reply to: xuenchen

TD Bank is in " Trounle " to .

Who’s going to collect on them high dollar financed vehicles and loans if the fail?

a reply to: xuenchen

US banking is safe and effective.

It just needs a few billion boosters every week.

Regionals are in a controlled demolition. JP Morgan and maybe a couple other megabanks are scooping up all the institutionally held crypto assets through fire sales at auction. That's their golden ticket. They already secretly, and potentially unlawfully, obtained portions of the Ethereum infrastructure. After this collapse or at some later stage they'll be rolling out crypto regulations. JP will be in the catbird seat with crypto assets that were discounted from their already significantly depreciated value and heavy influence behind the scenes through their ETH infrastructure holdings.

a reply to: Ksihkehe

and think of the tax savings !!! ☑️

originally posted by: 38181

originally posted by: Zanti Misfit
a reply to: xuenchen

TD Bank is in " Trounle " to .

Who’s going to collect on them high dollar financed vehicles and loans if the fail?

Banks.
It's always the Banks.

I just sold my 23 year old truck to get a ten year old one, and if there had been any Banks involved the difference in cost would have been easily eaten up by the Banks.

They're thieves.

a reply to: lordcomac

So you work on "Loans" with interest rates of 0% 😎

Banks facing an awful Friday.

originally posted by: xuenchen
a reply to: lordcomac

So you work on "Loans" with interest rates of 0% 😎

Or, better yet, the 100% down plan.

Here’s what’s nuts. These banks hold billions in bonds. The FED ups interest rates which makes the bond yield being held DROP IN VALUE to the point the banks loses liquidity. Bing bang boom…bank failures, asset freezes, recession/depression. This could make the Great Depression look like just a bad trading day.

a reply to: marg6043

How will a newly created digital currency backed by the same things the present one is backed with change anything? It would be a nice idea if it could work, but you also need a functioning economy for it to have a way of comparing its value to something else. A load of automated factories producing goods for people without any money to buy those goods, cant work by any stretch of the imagination.If this is the future it is a dud.

originally posted by: Moon68

originally posted by: xuenchen
a reply to: lordcomac

So you work on "Loans" with interest rates of 0% 😎

Or, better yet, the 100% down plan.

Here’s what’s nuts. These banks hold billions in bonds. The FED ups interest rates which makes the bond yield being held DROP IN VALUE to the point the banks loses liquidity. Bing bang boom…bank failures, asset freezes, recession/depression. This could make the Great Depression look like just a bad trading day.

Yes. Raising interest rates is one way to rig bank failures and other businesses. 😎

Banks defaulting like this can also cause people to not get paid. Companies use regional banks, smaller ones, quite a bit. What happens when payroll cannot be processed for 5 to 6k people. or 200k people...or 2 million?

Car repos? Mortgages? Credit Debt? Job Loss....

The riots we saw after Floyd would be nothing compared to huge recession and people losing it all. You will have armed groups looking for food and supplies. Protecting themselves. Lawlessness.

It is not doom and gloom talk anymore. Our country is in the #ter and it is about to get flushed....

a reply to: anonentity

But is going forward as we speak, we should all be questioning the reason why is been pushed right now, all this digital currency is going to end the dollar, we the people will lose control of our own money, then the admired china credit system will take hold.

We will own nothing.