Goldtent TA Paradise

HAVE THE BANK RUNS JUST BEGUN ?

1. pedro_deleon says:

   March 11, 2023 - 9:27 am at 9:27 am

   from the irrepressible ras, on another board … always up to the task

   There’s never one cockroach, or in this case, a shaky Pig-bank
   Ras – Sat, Mar 11, 2023 – 08:52 AM

   As I suspected would happen after yesterday’s sudden “unexpected” collapse of Silicon Valley P-Bank, now other shaky financial institutions are being put under the hot spotlight.

   Here is a list of TEN ADDITIONAL potentially-troubled banks which are in a similar situation to Silicon Valley Bank:

   https://www.marketwatch.com/story/the-10-banks-that-may-face-trouble-in-the-wake-of-the-svb-financial-group-debacle-50d6e49e?mod=article_inline

   See if any of those names ring a bell.

   In fact, MarketWatch actually published a list of TWENTY banks which could be on the ropes, found here:

   https://www.marketwatch.com/story/20-banks-that-are-sitting-on-huge-potential-securities-lossesas-was-svb-c4bbcafa?mod=home-page

   …so take your pick as to which of the two you wish to peruse.

   Either way, bottom line is this:

   THERE ARE PLENTY MORE SHAKY BANKS THAT WILL NOW COME UNDER INTENSE PRESSURE AS THEIR UNREALIZED LOSSES WILL BE THE SOURCE OF FEAR.

   Like I said, there is never one cockroach…