Relax, all banks to be saved

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  • Havok1

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    If it bleeds we can kill it.

    Seriously WTF. Everyone knows that their deposits are guaranteed to $250,000. You should have stored your assets according to the government. So sorry you couldn’t find the rules.
    Easier said than done. For even just a moderate sized business, $250k is nothing.
    Texas SOT
     

    wakosama

    Collapse now - Avoid the rush
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    wakosama

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    1679671238123.png
     

    popper

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    Fed rate almost ZERO from 2008 til 2016, jumps to 2% 2016-2021, then takes off 2022 toward 5%. Who was POTUS then? Now? Get it?.
    Historical average was 5%, some fluctuation until Obama was POTUS.
    Retail motgage rate has been about 7% except after WWII and Korea until about 2012. Auto loans about 1-2% higher.
     

    TheDan

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    leVieux

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    <>

    I grew-up in a Family of Bankers, and often heard tales of absurd mismanagement, plus politically-neutered “bank examiners”.

    These failures are almost always results of years of problems with refusal of management to accept responsibility.

    The old saw of: “Just because you got away with it once, doesn’t mean that it is a good idea to keep tryng it” certainly applies to banks, just like ships & planes.

    And “Federally Insured” is not very reassuring to depositors; as failure of one very large bank could overwhelm the entire underfunded “FDIC”.

    <>
     

    TheDan

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    Banks getting rid of high volume cash customers? Seeing anecdotes of coin shops and jewelry stores having their accounts abruptly closed. I initially thought this was part of the push to go cashless, but I think it fits this thread better.

    These banks probably don't have enough liquidity to support high cash withdrawal businesses.



     

    toddnjoyce

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    Small regional banks directly own something like 70% of the commercial real estate loans. That sector is tanking slowly and will have a long tail; several of the top lenders are no longer writing new business and preparing to take over up to 20% if their loans coming due.

    I expect there’s going to be a lot of collateral damage as this unfolds.
     

    Darkpriest667

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    Small regional banks directly own something like 70% of the commercial real estate loans. That sector is tanking slowly and will have a long tail; several of the top lenders are no longer writing new business and preparing to take over up to 20% if their loans coming due.

    I expect there’s going to be a lot of collateral damage as this unfolds.


    this is the real culprit behind the back to office calls we've seen. Big financial firms and banks on commercial real estate loans. imagine being upside down on a 20M dollar commercial property.
     

    toddnjoyce

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    this is the real culprit behind the back to office calls we've seen. Big financial firms and banks on commercial real estate loans. imagine being upside down on a 20M dollar commercial property.

    Second order effect on property tax revenue on a building that was worth $150M in 2019 and now can’t fetch $30m at auction.
     

    Havok1

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    Chart makes sense. the chart covers a pretty short time frame, and the last couple years is the only time period shown where stocks and bonds are both in a bear market. The rest is the end of a huge bull run for bonds.
     
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