Everyone knew bad things were coming when interest rates went up. Many banks have a business model that can't work now.
Everyone knew bad things were coming when interest rates went up. Many banks have a business model that can't work now.
First Republic’s capital and liquidity positions are very strong, and its capital remains well above the regulatory threshold for well-capitalized banks
Says the (((banker)))
“You see your bank is down 30%, that’s a little worrying,” said Abraham Parangi, chief executive of AI startup Akkio. “Even more worrying is when they tell you ‘Hey, everything’s fine!’”
Or safe and effective.
The narrative is Silicon Valley bank is unique, not to worry, all the other banks are just fine. Your money is safe.
Reality sheds light on a different perspective as contagion spreads. The first people who leave a ponzi scheme exit fine. The last people to exit a ponzi scheme lose.
>First Republic’s capital and liquidity positions are very strong, and its capital remains well above the regulatory threshold for well-capitalized banks
Says the (((banker)))
>“You see your bank is down 30%, that’s a little worrying,” said Abraham Parangi, chief executive of AI startup Akkio. “Even more worrying is when they tell you ‘Hey, everything’s fine!’”
Or safe and effective.
The narrative is Silicon Valley bank is unique, not to worry, all the other banks are just fine. Your money is safe.
Reality sheds light on a different perspective as contagion spreads. The first people who leave a ponzi scheme exit fine. The last people to exit a ponzi scheme lose.
(post is archived)