Next bank falls signature bank.... they were big into Crypto

Goduckies

https://www.cnbc.com/amp/2023/03/12/regulators-close-new-yorks-signature-bank-citing-systemic-risk.html

HoustonHusky

That one I had on my list for a while…can’t believe the Fed is going to (illegally) bail these crooks out, and basically bail out a bunch of crypto bros.

We live in a Banana Republic.

Goduckies

HoustonHusky said:

That one I had on my list for a while…can’t believe the Fed is going to (illegally) bail these crooks out, and basically bail out a bunch of crypto bros.

We live in a Banana Republic.

Yup can't let their cronies take a hit

Bob_C

https://twitter.com/alifarhat79/status/1635051140638445568?s=46&t=TF5YSHjB9Hq6ZBrenucnTg

PurpleThrobber

https://twitter.com/davidshafer/status/1635068532248678400

PurpleThrobber

Today's irony - Barney Frank is on the Board of Directors for Signature Bank.

Barney Frank as in the Dodd-Frank bill which regulates banking.

We're all fucked.

Blueduck

PurpleThrobber said:

Today's irony - Barney Frank is on the Board of Directors for Signature Bank.

Barney Frank as in the Dodd-Frank bill which regulates banking.

We're all fucked.

Joetato just said "the people who were in charge of these banks mush be fired .....and not allowed to work at those banks again"

Translation, "our plan is working perfectly and Barney Frank will be moving on to the next target...err .... bank"

Bob_C

This will be taken as a opportunity to normalize high inflation. If you aren’t for high inflation you want to kill grandma.

RaceBannon

Lot of folks want this

http://twitter.com/815huskylife/status/1634944785701306374?t=mLGnMFQNHvTdluD7jZo-oA&s=19