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Old 03-23-2023, 11:16 PM
 
Location: Tricity, PL
61,103 posts, read 85,909,223 times
Reputation: 130741

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List of failed banks in the United States.

https://www.noradarealestate.com/blo...-failed-banks/

Which Banks Are in Danger of Failing or Collapse?

https://www.noradarealestate.com/blo...er-of-failing/
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Old 04-28-2023, 11:32 PM
 
Location: Honolulu, HI
24,172 posts, read 9,104,642 times
Reputation: 22555
First Republic is next.

Quote:
Shares of First Republic Bank remain in a death spiral amid reports of uncertainty about whether the lender could see a rescue deal.

First Republic's stock tumbled as much as 50% in midday trading. The bank’s share value has already plummeted roughly 96% year to date and just more than 70% the last month amid federal discussions with banks and even private equity groups over a rescue solution for the distressed lender.
https://www.foxbusiness.com/markets/...escue-deal.amp
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Old 04-29-2023, 04:06 PM
 
Location: Wherabouts Unknown!
7,841 posts, read 18,931,353 times
Reputation: 9584

The banksters mindset ( and the governments they own ).....


Privatize the profit$!

$ocialize the lo$$e$!
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Old 04-29-2023, 04:44 PM
 
Location: Flyover part of Virginia
4,231 posts, read 2,419,631 times
Reputation: 5058
Bank failures are just getting started. The fact is that there is far too much debt that cannot be serviced.
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Old 04-29-2023, 04:55 PM
 
5,528 posts, read 3,198,386 times
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Quote:
Originally Posted by Taggerung View Post
Bank failures are just getting started. The fact is that there is far too much debt that cannot be serviced.
I think the problem is that there's a lot of debt that can be serviced - at very low interest rates.

If you have a security backed by mortgages with a 3% interest rate issued a few years ago, and you can buy 10 year treasuries at 3%+, those mortgages get much harder to resell.
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Old 04-30-2023, 07:16 PM
509
 
6,282 posts, read 6,928,725 times
Reputation: 9380
Quote:
Originally Posted by moguldreamer View Post
.........................So what made SVB different?

1. The FDIC decided not to sell off SVB to a suiter. The Chairman of the FDIC is a partisan far-left ideologue who hates big banks and did not want to see a potential buyer get even larger as a result.

2. SVB's executives are powerful donors to Democrats.

3. SVB's clientele - Venture Capitalists - are powerful source of campaign contributions to Democrats.

4 Silicon Valley is source of campaign contributions to Democrats.

5. High Tech Company employees are power sources of campaign contributions to Democrats.

6. California has 55 Electoral Votes.

7. We are now in the election cycle.
Your totally right, except SVB was NOT a small bank. It was the 18th largest bank according to WSJ prior to going into default.

But then Wilbur.org said....

" Silicon Valley Bank had $213 billion in assets and was, at the time of its closure, the 16th largest bank in the country. Silicon Valley Bank experienced rapid asset growth of 215% between year-end 2019 and 2022"

President Biden's policy is that large, well connected banks like SVB will have the Federal government protect its depositors.

If your a small bank, the depositors are on their own.

Last couple of weeks there has been a run on local banks as the Biden Administration has decided they will ONLY protect large banks.
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Old 05-01-2023, 03:28 AM
 
105,691 posts, read 107,682,511 times
Reputation: 79324
the banks rescued had most depositors already gone ,.they were smaller then many smaller banks
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Old 05-01-2023, 08:35 AM
 
4,844 posts, read 2,952,227 times
Reputation: 6648
Only 1 bank failed during the "Great Recession", and now 3 have failed.
One only has to go back in time, and remember the fallout from Washington Mutual; to see we're in real trouble.
Just like 2007, they will not own the crises until...lol
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Old 05-01-2023, 09:02 AM
 
Location: Victory Mansions, Airstrip One
6,647 posts, read 4,935,395 times
Reputation: 8979
Quote:
Originally Posted by Sunbiz1 View Post
Only 1 bank failed during the "Great Recession"
Not even close.

https://en.wikipedia.org/wiki/List_o...2008–present)
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Old 05-01-2023, 09:52 AM
 
4,844 posts, read 2,952,227 times
Reputation: 6648
Quote:
Originally Posted by hikernut View Post
Finally, I get some useful info here...thanks.
https://www.fdic.gov/resources/resol...led-bank-list/
A better source though, and it seems commercial mortgage backed securities are once again an issue.

Last edited by Sunbiz1; 05-01-2023 at 10:08 AM..
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