JJ Peterson · @JJPeterson
119 followers · 3267 posts · Server toot.community

The hearing on bank failures is starting with the slope-shouldered, mealy-mouthed white dudes in charge exclaiming how great their banks are and how no one could have predicted the events of that one morning and all hear is “I didn’t know what I was doing or I would have seen this coming”.

#bankcollapse

Last updated 1 year ago

Fed faces bank collapse and debt ceiling fears as it prepares to raise interest rates for the 10th time 👇💸💸🫰

fortune.com/2023/05/03/fed-fac

#economy #bankcollapse #banking

Last updated 1 year ago

Morgane Oger · @morganeogerbc
281 followers · 1305 posts · Server mastodon.roitsystems.ca

Tech & finance:
Binance's dependency on Signature Bank and Silvergate Capital Corp which both failed recently leave the crypto exchange scrambling to find a new banking partner.

reuters.com/markets/binances-u

#Crypto #bankcollapse

Last updated 2 years ago

DandyDonald · @DandyDonald
1 followers · 110 posts · Server masto.yttrx.com

Wall Street Stooge: Bank Collapse Is An Opportunity For MORE DEREGULATION!

youtu.be/TPMarfoXhho

JP Morgan Chief Jamie Dimon blames regulations for banking instability. Ana Kasparian discusses on The Young Turks. Watch TYT LIVE on weekdays 6-8 pm ET.

#bankcollapse #banks #bankrun #signaturebank #wallstreet #jpmorgan #venturecapital #jamiedimon #siliconvalleybank #tyt #theyoungturks #tytnetwork

Last updated 2 years ago

Raymond Scott Pert · @raymondpert
147 followers · 463 posts · Server social.targaryen.house

Rep. Patrick McHenry (R-N.C.), who has received $275,000 in donations since 2013 from executives at Signature Bank, will lead the House Financial Services Committee’s first hearing on Wednesday looking into the sudden failures of Signature Bank and Silicon Valley Bank (SVB) earlier this month. levernews.com/republican-tells

#nomoa #bankcollapse

Last updated 2 years ago

Sara Causey · @sara_causey
6 followers · 15 posts · Server me.dm
Vas · @JuanWild
192 followers · 2451 posts · Server newsie.social

The government's response to the failure of two large banks has already involved hundreds of billions of dollars. So will ordinary Americans end up paying for it, one way or another? And what will the price tag be?... www1.cbn.com/cbnnews/us/2023/m

#usa #bankcollapse

Last updated 2 years ago

Graeme Keyes on - political cartoon gallery in London original-political-cartoon.com

#bankcollapse

Last updated 2 years ago

Matt on - political cartoon gallery in London original-political-cartoon.com

#bankcollapse

Last updated 2 years ago

Santiago Sainz :verified: · @SantiagoSainz
626 followers · 644 posts · Server mastodon.cloud

We used to hear that some banks were too big to fall, but recent events are showing us that this is not the case. Not everything goes when you take people out of the equation and build house of cards.

#bankingcrisis #bankcollapse #banking #financialcrisis #creditsuisse

Last updated 2 years ago

tultican · @tultican
480 followers · 1092 posts · Server awscommunity.social

How Everyone Is Getting The Story Of Silicon Valley Bank and Signature Bank Completely Wrong - I don't know how insightful this is but it is thought provoking. @Cryptadamist open.substack.com/pub/cryptada

#bankcollapse

Last updated 2 years ago

Lance 📖 · @Lance
65 followers · 940 posts · Server bibly.com

The must choose between inflation and market chaos.

The impact of raising interest rates is what caused the bank collapse, but needs to be done to control inflation...what a mess.

economist.com/finance-and-econ

#federalreserve #bankcollapse

Last updated 2 years ago

Santiago Sainz :verified: · @SantiagoSainz
623 followers · 636 posts · Server mastodon.cloud

Sadly Cancer can't be cured with morphine, but some economist still thinking that Monetary injections are a good solution for every kind of problem.

#economy #bankingcrisis #financialcrisis #FiNANCiE #SVB #bankcollapse

Last updated 2 years ago

Sara Causey · @sara_causey
5 followers · 9 posts · Server me.dm

So the implication seems to be: other banks demanded RTO, SVB didn't, and now look at the mess they're in. 😣

medium.com/@sara_causey/bank-f

#rto #wfh #remotework #bankingfailure #bankcollapse #bankingcrisis #svb

Last updated 2 years ago

Raymond Scott Pert · @raymondpert
72 followers · 272 posts · Server social.targaryen.house

in talks to acquire Suisse
Swiss authorities press for merger to stem crisis of confidence in country’s sector

👇Free to read
archive.ph/uWMIQ

#ubs #credit #banking #bankingcrisis #bankcollapse

Last updated 2 years ago

Raymond Scott Pert · @raymondpert
65 followers · 230 posts · Server social.targaryen.house

Another "" bank?
After receiving the award he said in a statement: "I am truly honoured and humbled by this award and am proud of the progress we are making towards all forms of gender diversity & equality." standard.co.uk/news/uk/gender-

#woke #creditsuisse #bankingcrisis #bankcollapse

Last updated 2 years ago

MB1587 · @mb1587
9 followers · 121 posts · Server union.place

#bankcollapse

Last updated 2 years ago

MB1587 · @mb1587
9 followers · 119 posts · Server union.place

#bankcollapse

Last updated 2 years ago