Godlike Productions - Discussion Forum
Users Online Now: 1,784 (Who's On?)Visitors Today: 158,366
Pageviews Today: 266,342Threads Today: 85Posts Today: 1,591
03:28 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

10 More banks in trouble after SVC disaster

 
Black Unit

User ID: 84186946
United States
03/10/2023 09:44 AM

Report Abusive Post
Report Copyright Violation
10 More banks in trouble after SVC disaster
[link to www.marketwatch.com (secure)]

10 banks that may face trouble in the wake of the SVB Financial Group debacle

The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index BKX, -6.16% sinking 8%.
Anonymous Coward
User ID: 80578546
United States
03/10/2023 09:48 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity
Black Unit  (OP)

User ID: 84186946
United States
03/10/2023 10:04 AM

Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity
 Quoting: Anonymous Coward 80578546


So will dominoes fall all across the banking sector? I'm thinking when one of the big ones goes, they all start to fail and bail in.
Anonymous Coward
User ID: 83823817
United States
03/10/2023 10:04 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity
 Quoting: Anonymous Coward 80578546


The system has been ass raped for decades and no amount of market manipulation will fix it.

It’s time for a moment of clarity.

The system is not sustainable.
Anonymous Coward
User ID: 85392479
United States
03/10/2023 10:06 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Thank all your rich politicians
Johnny Be Good

User ID: 85276796
United Kingdom
03/10/2023 10:07 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity
 Quoting: Anonymous Coward 80578546


The system has been ass raped for decades and no amount of market manipulation will fix it.

It’s time for a moment of clarity.

The system is not sustainable.
 Quoting: Anonymous Coward 83823817


Well seems like a good time to start WWIII and head for the bunkers before anyone starts asking awkward questions.
Length of days is in her right hand; and in her left hand riches and honour. Her ways are ways of pleasantness, and all her paths are peace.
Anonymous Coward
User ID: 84737350
United States
03/10/2023 10:11 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity
 Quoting: Anonymous Coward 80578546


The system has been ass raped for decades and no amount of market manipulation will fix it.

It’s time for a moment of clarity.

The system is not sustainable.
 Quoting: Anonymous Coward 83823817


Lets do the CBDC and put the banks that are guilty of this rape of mankind in charge of it. Yes that will show them
Anonymous Coward
User ID: 83751478
United States
03/10/2023 10:12 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity
 Quoting: Anonymous Coward 80578546


The system has been ass raped for decades and no amount of market manipulation will fix it.

It’s time for a moment of clarity.

The system is not sustainable.
 Quoting: Anonymous Coward 83823817


As long as the rapists who've been looting and grifting get their just desserts, let it rip. The problem is if they still have enough control, to use this as another excuse to rape Joe the Plumber once again ( like 2008), leaving us holding the bag while they pocket another 28 trillion.

Has anything changed, or is this same tired grift, different day. I'd like to think this, and 3 senators in the " hospital" is related, but hopium is a powerful drug. Is it too much to ask that good people win a round against the lizards every now and then?
Deplorable Zenobia

User ID: 59841744
United States
03/10/2023 10:13 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
bump Seems like every historical market crash-n-burn has nearly always commenced on a Friday.
And thought struggles against the results, trying to avoid those unpleasant results while keeping on with that way of thinking. That is what I call 'sustained incoherence.' ...David Bohm

“How, O Zenobia, hast thou dared to insult Roman emperors?” ...Aurelian, 44th Emperor of the Roman Empire
Anonymous Coward
User ID: 34166608
United States
03/10/2023 10:13 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Am now wondering if the actual domino effect is now in play. SOOOO many false alarms over the years.
Anonymous Coward
User ID: 79058946
United States
03/10/2023 10:14 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
USA economy is a ponzi scheme

yet nobody is fighting against its core Keynesian problem of the entire foundations

G T F O
KansasisOz

User ID: 79200040
United States
03/10/2023 10:16 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
This is why I have been receiving multiple offers for CDs and other Savings products the last week or so.
KansasisOz
Black Unit  (OP)

User ID: 84186946
United States
03/10/2023 10:17 AM

Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity
 Quoting: Anonymous Coward 80578546


The system has been ass raped for decades and no amount of market manipulation will fix it.

It’s time for a moment of clarity.

The system is not sustainable.
 Quoting: Anonymous Coward 83823817


Well seems like a good time to start WWIII and head for the bunkers before anyone starts asking awkward questions.
 Quoting: Johnny Be Good


Completely agree. All wars are bankers wars. If they can't win, they'll just blow the planet and start over.
Black Unit  (OP)

User ID: 84186946
United States
03/10/2023 10:17 AM

Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
This is why I have been receiving multiple offers for CDs and other Savings products the last week or so.
 Quoting: KansasisOz


Yes, and why Banks are not limiting withdrawals anymore. Reverse psychology.
Anonymous Coward
User ID: 25769236
United States
03/10/2023 10:26 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity
 Quoting: Anonymous Coward 80578546


The system has been ass raped for decades and no amount of market manipulation will fix it.

It’s time for a moment of clarity.

The system is not sustainable.
 Quoting: Anonymous Coward 83823817


Well seems like a good time to start WWIII and head for the bunkers before anyone starts asking awkward questions.
 Quoting: Johnny Be Good


This is their go to strategy. Protocols of Zion play book....
gebahie

User ID: 80434050
United States
03/10/2023 10:29 AM

Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Anonymous Coward
User ID: 77971212
United States
03/10/2023 10:32 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions
 Quoting: Anonymous Coward 80578546


So will dominoes fall all across the banking sector?
 Quoting: Black Unit


Hard to tell since it's fake sector, wall street casino , supercomputer high frequency trades , funds owning eachother and every corporations above 80 employees .
They need sopething to do
Anonymous Coward
User ID: 85401457
03/10/2023 10:34 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
what is the SVC disaster?
What is the SVB?
please explain
Anonymous Coward
User ID: 85064996
United States
03/10/2023 10:41 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
The cash doesn't just disappear, they're taking/stealing your money.
Anonymous Coward
User ID: 36066768
United States
03/10/2023 10:48 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
bump Seems like every historical market crash-n-burn has nearly always commenced on a Friday.
 Quoting: Deplorable Zenobia


Almost like it was planned.spock
Anonymous Coward
User ID: 85408313
United Kingdom
03/10/2023 10:48 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
000hN00mrbill
Getsome

User ID: 81184608
United States
03/10/2023 10:49 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
This shows current list of banks getting rocked!

Anonymous Coward
User ID: 76662620
United States
03/10/2023 10:49 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Nothing will happen.
Anonymous Coward
User ID: 85408313
United Kingdom
03/10/2023 10:49 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Central banks have been dumping billions and billions in the bond market to try to stabilize the 10 year and they failed miserably. They have no liquidity
 Quoting: Anonymous Coward 80578546


So will dominoes fall all across the banking sector? I'm thinking when one of the big ones goes, they all start to fail and bail in.
 Quoting: Black Unit

looks like i picked a good time to go overdrawn thumbs
Anonymous Coward
User ID: 77539923
United States
03/10/2023 10:50 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
what is the SVC disaster?
What is the SVB?
please explain
 Quoting: Anonymous Coward 85401457


SVB extends 2-day plunge to 86% on report it will seek a sale after failing to raise capital

Silicon Valley Bank crashed another 68% on Friday, extending its 2-day crash to as much as 87%.

The bank failed to complete its $2.3 billion capital raise and is now seeking a sale, according to CNBC.

The news comes amid fears of , with several VCs advising their portfolio companies to pull money from the bank.

[link to markets.businessinsider.com (secure)]
Anonymous Coward
User ID: 85407643
United States
03/10/2023 10:50 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
dollar gut punch. gold still resilient, the flight to safety is coming.
Anonymous Coward
User ID: 83848139
United States
03/10/2023 10:51 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
First Republic down 60%

bumpfist-3
Anonymous Coward
User ID: 82692576
United States
03/10/2023 10:52 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
[link to www.marketwatch.com (secure)]

10 banks that may face trouble in the wake of the SVB Financial Group debacle

The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index BKX, -6.16% sinking 8%.
 Quoting: Black Unit


bidendid
Anonymous Coward
User ID: 29706669
United States
03/10/2023 10:54 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
Bail in or they just take your deposits and give you an IOU. Glad my bank isn't on that list....yet.

Get your money out of the banks. Take $500 or the limit out of the ATM every day until your balance hits ten bucks. If you think your money is safe in a bank think again. They might be nice tellers, but they don't run the bank. If the branch manager is told to cancel withdrawls, he has no choice or else get a new job. Your money is not yours until the bills are phsically in your hand. Ask the poor slobs in the 1920's how much money they got out of their banks when the economy went tits up.
Flying Elvii

User ID: 84802739
United States
03/10/2023 10:55 AM

Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
CNBC really trying to play this down, repeatedly.
You can really tell a Democrat is in charge.

I remember 2008, CNBC was amplifying the crash, and screaming every five minutes for "BUSH TO DO SOMETHING!"
Anonymous Coward
User ID: 79755631
United States
03/10/2023 10:56 AM
Report Abusive Post
Report Copyright Violation
Re: 10 More banks in trouble after SVC disaster
[link to www.marketwatch.com (secure)]

10 banks that may face trouble in the wake of the SVB Financial Group debacle

The entire banking industry seemed to take it on the chin on March 9, with the KBW Nasdaq Bank Index BKX, -6.16% sinking 8%.
 Quoting: Black Unit


Credit Suisse is going down soon and it will be huge....

Then Wells Fargo and another US bank.....





GLP