finance

This is the first bank failure this year. Republic first Bancorp had 6B in assets. As I’ve mentioned, we are likely gonna see a lot more of these this year!

I admittedly thought this would have happened sooner...

🇧🇷🇺🇸-  Book: Making Things Think: https://holloway.com/mtt. Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph.

I admittedly thought this would have happened sooner...

https://benersing.notion.site/SVB-The-Economy-s-Path-Forward-e5f7c3b726b84ef299f2927ae34c13c5?pvs=25

Costs the FDIC less than 10% of the banks cash and assets? Seems fair? IDK I don’t do valuations, but won’t they get this money back anyway

Just a year after our last banking crisis!

Part 2?

Particularly interesting in the wake of GDP and inflation figures; if the current environment continues, there’ll be a lot of worried bank managers around.

It's happening? 
It's funny how much they've been delaying it from last year.

Could have sworn I heard about then being in trouble before or maybe I'm confusing first Republic.

Either way put your fiat in too big to fail banks or crypto