Huge bank losses in the markets

PlunkettsGhost

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Declan

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A lot of reading if I had time Mr P. Today is parade day and I am assisting ina seriuosbit of money grabbing.
 

Declan

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It is steady at the moment but the bit of euphoria due to the CS purchase will likely have dissipated by the New York open.
 

Wolf

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Oh Dear.....Is this the price of their scamdemic and war?

 

Jay Homer Simpson

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Oh Dear.....Is this the price of their scamdemic and war?

Ah sure the normies will always have the comfort that they saved Granddad from de Covid, he died suddenly after getting his 3rd booster but sure at least it wasn't de covid that got him
 

Declan

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Ah sure the normies will always have the comfort that they saved Granddad from de Covid, he died suddenly after getting his 3rd booster but sure at least it wasn't de covid that got him
Sure they added at least two years on to his life. Had he gone out the door on March 16 2020 when we were told to hunker down, he would not even get to the end of Paddys Day.
 

Declan

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20230319_155430.jpg


I was surprised yesterday to notice a branch of First Republic on Boylston Street in Boston.



SVB had at least one branch here and many got a surprise nasty layoff from high paying jobs. The expensive pads in Southie etc could be hard to pay for.

There were/are 5 branches in the general area.
 

Declan

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Well it is half what it was when I drove by a few hours ago.

And down 95% from it's high. Should I buy a few shares
 

Fishalt

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Well it is half what it was when I drove by a few hours ago.

And down 95% from it's high. Should I buy a few shares
Keeping my powder dry until I see what level the Jenga tower collapses to. Might be some very good opportunities to get good companies on sale over the course of the next month. Still haven't ruled out CS. It's a brand. We'll have to see how it shakes out.
 

Myles O'Reilly

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Izzy Kamikaze and his/her/its crew are responsible for taking Val down on Youtube.
 

PlunkettsGhost

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Now that the big banks have been given a no-ceiling deposit guarantee, the smaller banks need to be given the same guarantee before all their big deposits are transferred to the guaranteed banks. And so the contagion spreads.

 

Declan

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A delberate shafting
 

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