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Giuliano Giacaglia
@giu
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!
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Ben 🟪
@benersing
I admittedly thought this would have happened sooner... https://benersing.notion.site/SVB-The-Economy-s-Path-Forward-e5f7c3b726b84ef299f2927ae34c13c5?pvs=25
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Joe Blau 🎩
@joeblau
Banks are supposed to be safe 🙃
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Rick
@cryptorick98
Just a year after our last banking crisis! Part 2?
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yangwao ↑
@yangwao
It's happening? It's funny how much they've been delaying it from last year.
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DanTheMan
@pursuit-of-muses
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
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Dirk Siebels
@disic
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.
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Degen Mom
@mudlotus
Perhaps part of the CBDC plan.
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degen in disguise
@paulp
How many do you predict ser
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Cat🍖🎩
@georgenear
well, this is a common thing when the government throws money left and right :) hope that everything will get better soon
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JackMa
@jackma12
💯
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Robotandkid
@robotandkid
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
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amigo
@amigo124
nowadays it feels like banks are not doing well on what they supposed to do 97 $degen
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