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MSN: 20 banks that are sitting on huge potential securities... (Original Post) sprinkleeninow Mar 2023 OP
Here's a link (no paywall) progree Mar 2023 #1
Don't worry, they'll be bailed out by the government like in '08 OnlinePoker Mar 2023 #3
Appreciated. sprinkleeninow Mar 2023 #5
YW 😊 progree Mar 2023 #6
This message was self-deleted by its author CountAllVotes Mar 2023 #7
I am expecting this MOMFUDSKI Mar 2023 #2
Just a reminder that Republicans stand as a block against any banking reform Midnight Writer Mar 2023 #4

progree

(11,463 posts)
1. Here's a link (no paywall)
Sat Mar 11, 2023, 06:30 PM
Mar 2023
https://www.msn.com/en-us/money/savingandinvesting/20-banks-that-are-sitting-on-huge-potential-securities-losses-as-was-svb/ar-AA18tAxj

Opinion by Philip van Doorn, MarketWatch (MSN is just the news/opinions aggregator of many sources)

Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.

Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities — an item that played an important role in SVB’s crisis.

First, a quick look at SVB

(snip)

OnlinePoker

(5,835 posts)
3. Don't worry, they'll be bailed out by the government like in '08
Sat Mar 11, 2023, 07:13 PM
Mar 2023

Nobody will be held accountable.

This final sequence from The Big Short depresses me so much:

Response to progree (Reply #1)

 

MOMFUDSKI

(7,080 posts)
2. I am expecting this
Sat Mar 11, 2023, 06:51 PM
Mar 2023

to become a total shit show SOON. Already heard the word "Bailouts". Zoe Lofgren explained that the payroll checks will not be cut. Explanation of bailouts will be to help 'the people'. This stinks to high heaven. Hope I am wrong.

Midnight Writer

(22,974 posts)
4. Just a reminder that Republicans stand as a block against any banking reform
Sat Mar 11, 2023, 09:25 PM
Mar 2023

and even hate Federal Deposit Insurance.

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