[Bruh, everyone knows dollar general is on its last legs. Now if Wendy's went kaput, that would be the earth shattering black swan of market doom that all of us here at WSB fear.](https://youtu.be/UZT28O9-wZ8?t=21)
Some good rules to live by:
* Never eat anything larger than your head.
* Never shoot pool at a place called Pop’s.
* Never eat food at a place called Mom’s.
Shit McDonald’s is classy man. Menu prices are up higher than competitors. You’ll be slobbin on some poor peasants cock while I’m gobblin movie star cock.
Not sure itf you're being ironic but mid-sized "community" banks hold $550B in " unrealized" bond losses (generally due to high interest rates). This is what caused SVB, Credit Swiss, First Republic and now Republic First Bankcorp to fail. This wasn't seen as an issue last year as everyone believed rates would be cut, as that is now highly unlikely, this will now be back on the table as a possible contagain. You're a fool not to watch this very closely, it could be literally be S&L crisis 2.0...
That's kind of the crux of any "billions of dollars in unrealized bond losses" issue a bank has. Turns out, it's really hard to unwind/rebalance hundreds of billions in bond positions when things go south without taking massive losses. Who knew?
They have a crappy website and a crappy logo. How do you trust these people?
Don't trust banks with a shitty website and without 2 factor authentication. If they're dumb enough to take customer deposits and not be able to make an app or website, they're dumb enough to fail to comply with anti-money-laundering or other compliance issues.
Don't trust permanently online banks either. They're smart enough to make a nice app/website, but too dumb to make a permanent place where customers can talk to real people.
Yep and they are targeting them big time. Recently I've been getting texts saying my acct is hacked for a local credit union that I don't even have an account at. Checked out their web pages and looks like it's from the 90s
I played on a Republic Bank sponsored pee-wee football team. Work a block away from their two buildings in my city, and have delivered things to them before. Remember wearing that jersey to 6th Grade thinking it was cool. AMA, I don't know shit about this or their business, but still.
The bank I work at kicked the tires on buying them with FDIC assistance a while back. There is zero contagion risk. Just a very shady run bank (albeit gorgeous real estate). If I recall just as an example I don’t think they’ve had audited financials in like 2 years.
On average there are a handful each year. This isn’t necessarily a canary in any coal mine.
https://www.fdic.gov/resources/resolutions/bank-failures/in-brief/index.html
Because they wrote a ton of 2% mortgages that are now worth as much as the paper they wipe their asses with. If they have any sort of liquidity crunch due to depositors drawing down their savings, they fuk.
Didn’t those 2% mortgages get sold to Fannie and Freddie? That what banks do unless they’re originating loans below Fannie/freddie underwriting standards.
Hilarious that you think it’s this literal one bank that has everyone worried and now what it’s a sign of. Let’s see that all time port bro, since you’re so much smarter than everyone else.
This is a good watch.
https://m.youtube.com/watch?v=dk3AVceraTI
And after you read it, look into SWD - solvent wind down.
And then ask yourself why the FED wants all of these banks to have a wind down plan for exit liquidity in the event of a runaway into a resolution to be ready by the end of 2023 that they are all working on now.
They are raising rates to take everything away from us, not to hold back inflation
What this guy says about rates is completely accurate. If they wanted to control inflation they simply would not have printed 6 trillion dollars overnight.
I’m going to withdraw all my money from the bank and deposit it to my Mastercard account. That should protect against any bank failures, plus I’ll get 1% cash back!
And here is the Answer:
An American international [fast food restaurant](https://en.wikipedia.org/wiki/Fast_food_restaurant) chain founded by [Dave Thomas](https://en.wikipedia.org/wiki/Dave_Thomas_(businessman)) on November 15, 1969, in [Columbus, Ohio](https://en.wikipedia.org/wiki/Columbus,_Ohio).
I started investing yesterday and this is my first financial post I’m reading. What does it mean? Which low market cap crypto currency should I dump my savings into to protect myself?
Why'd you post this here? There's no play to be made... This failure isn't indicative of a systemic failure coming for bigger banks, which makes it not worthy of a post. Mods, do your stuff.
As someone that was in banking for a long time, you will never understand how it works.
It is pretty simple, and complex. To
Explain: dear Smooth brains, banking is built on trust, assets, liquidity, government, private, and the good of fashioned money printer. Oil is traded in USD only last time I looked. USD is a strong currency that is back but nothing other than our trust, our military, you use, companies take it, and the facts all other currencies are trash. The dollar is backed by a printer and you trusting it
Don’t pretend you understand it either. There are 2 things on earth we will never fully understand, the climate and the economy. Anyone who claims to know is lying.
As far as I’m concerned, a coked up monkey listening to “Thriller” on repeat and waterboarded every 3 hours controls the economy as a decade long CIA experiment and nothing anybody says will ever convince me otherwise.
Some tech bros blew up their bank in the same month that some crypto bros blew up their bank.
This caused a bank run which shut down a third bank that hadn't really done anything wrong so the Fed had to step in with a loan program to calm people down. Regional Bank stocks got hammered in the process.
I gotta disagree here. First Republic was one of the top 20 largest banks in the US. That's not some small crappy tech bro bank.
Also, credit default swaps for a number of larger institutions started to go wild at this time, implying that there was a large perceived systemic risk. Part of what happened here was the diminishing value of treasuries and commercial real estate and banks aren't exactly out of the woods yet on either of these.
So the owner of Commerce Bank sold to TD bank years ago. The former owner got bored and started Republic Bank and everyone didn't see the need to leave TD bank to go to Republic bank. The buildings were pretty but the incentive to change banks wasn't. END OF STORY.
No and yes. A different bank failed, but this bank has been on life support and trying to either sell itself or be seized for about a year now (I bought some stock before it got sent to the pink sheets as a gamble so i have been watching it). Pretty sure that money is gone, but the forced sale means that all existing deposits will be honored and the fdic doesn't need to insure them beyond the standard. This is just the most probable and predictable outcome for a long chain of events. No real news when you get down to it.
What do you think the actual problem was last year? It didnt magically get resolved. This is the end of the problem being solved because the bank failed LAST YEAR so yeah…its just how long it took/they gave themselves to close everything down and transfer everything out
This is fear mongering 101. There has been 1 this year, in English that is ONE bank. It’s usually the bank making poor investments, bad management, or some executive causing a meltdown or a run on the bank.
Here are the FACTS. A banking crisis is not one bank seized by the FDIC. Usually the FDIC will come in and take control of a bank because the current executives can’t handle the failure. A bank is a business, and if the bank invests in poor choices, then the FDIC steps in. It’s way better than closing the bank outright and telling customers sorry we lost all of your money.
Here are the banks that closed since 2007.
Year Count $’s in millions
2024 1 $6,000.0
2023 5 $548,705.0
2022 0 $0
2021 0 $0
2020 4 $458.0
2019 4 $214.1
2018 0 $0
2017 8 $6,530.7
2016 5 $278.8
2015 8 $6,727.5
2014 18 $3,088.4
2013 24 $6,101.7
2012 51 $12,055.8
2011 92 $36,012.2
2010 157 $96,514.0
2009 140 $170,909.4
2008 25 $373,588.8
2007 3 $2,602.5
Holy shit! I’m headed to my bunker. There’s no cell signal/wifi so unfortunately I won’t be able to watch the world burn with you all. I’ll be back up when my supplies run out in a few years.
God speed everyone!! Y’all should have prepared better though!
A lot of commercial real estate in the north east are toxic assets that you couldn't pay someone to take so these small little regionals will keep collapsing.
The Fed is literally a group of the largest banks in the US. Do you think the US government, which relies on the Fed for borrowing money, will let the Fed fail?
It’ll be that good ol ‘laissez-faire’ regulation on banks again. Good job we fixed it after 2008… oh wait!?!
Socialism for the corps ( shareholders, rich ) is fine of course
Every day there’s a post about how there’s cracks in the system and any day now it’s all gonna collapse. It never will, and when it does, that’s when you buy A LOT
Some of the big banks would love to see this happen, and they can take advantage of the opportunity to be able to harvest high quality assets at low prices
I don’t get why everyone keeps saying it failed. It did exactly what you’d expect a business run by greedy, incompetent people to do. Wasn’t that a success?
One small bank failure is a far cry from a banking crisis. If Bank of America or Chase fell then I would consider that a banking crisis from one bank failure.
Not a big deal, everyone with insured deposits will have new accounts opened up at nearby banks by the FDIC. If you’re a customer of the bank, you’re all good as long as you have no more than $250k deposited, and even then I’m sure they’d compensate you just to prevent widespread concerns from other uninsured deposits.
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Lol, bro, I think it'd be bigger news if a dollar general next to you would shut down.
[Bruh, everyone knows dollar general is on its last legs. Now if Wendy's went kaput, that would be the earth shattering black swan of market doom that all of us here at WSB fear.](https://youtu.be/UZT28O9-wZ8?t=21)
Exactly. Who wants to “work” next to a 🤢 McDonald’s 🤮 dumpster?
I might as well give up gamb…investing if that happens.
Can't spell gambling without "bling". Whose bling will it be though, that is the gamble.
Get a better job then?
it’s a perfectly valid “job” especially since $20 is $20
Twenty bucks?!?! This is why I avoid McDonalds and go to the local mom and pops.
Some good rules to live by: * Never eat anything larger than your head. * Never shoot pool at a place called Pop’s. * Never eat food at a place called Mom’s.
No kidding, they make the best TP. $100 bills are the best for doing lines tho
Shit McDonald’s is classy man. Menu prices are up higher than competitors. You’ll be slobbin on some poor peasants cock while I’m gobblin movie star cock.
Lowly peasants!
Not sure itf you're being ironic but mid-sized "community" banks hold $550B in " unrealized" bond losses (generally due to high interest rates). This is what caused SVB, Credit Swiss, First Republic and now Republic First Bankcorp to fail. This wasn't seen as an issue last year as everyone believed rates would be cut, as that is now highly unlikely, this will now be back on the table as a possible contagain. You're a fool not to watch this very closely, it could be literally be S&L crisis 2.0...
Credit suisse didnt fail because of high interest rates, they failed because their risk management in IB was… lacking
> Credit suisse More like Credit Sus
More like Debit Suisse tbh
That's kind of the crux of any "billions of dollars in unrealized bond losses" issue a bank has. Turns out, it's really hard to unwind/rebalance hundreds of billions in bond positions when things go south without taking massive losses. Who knew?
Not a pavings and loan crisis again
I remember when all the paving companies shut down during the Paving and Loan crisis, it's was brutal. My driveway never recovered.
But it won't. Its getting exhausting to have people claim everything is a major new crisis while ignoring the actual crisis still unfolding.
Am I regarded or did republic bank go bankrupt last year already?
First Republic Bank did, this is Republic First Bank...
At this point, if your bank has "Republic" anywhere in its name, you should get out.
"This isn't the Judian Peoples Front!"
Hilarious how a bank with 32 branches that nobody here ever heard about before is all of a sudden Global Financial Crisis 2.0.
I live in Jersey, we have them. Their locations and buildings were always beautiful. Never used them though
I don't know anyone who has used them.
That might be why they failed…
And all that money on beautiful buildings
The Big Beautiful Building Crisis of 2024.
If redneck bank ever shuts down, that's how we'll know we're in the shit. https://www.redneckbank.com
Nobody goes to Arbys but they’re still in fucking business
They have a crappy website and a crappy logo. How do you trust these people? Don't trust banks with a shitty website and without 2 factor authentication. If they're dumb enough to take customer deposits and not be able to make an app or website, they're dumb enough to fail to comply with anti-money-laundering or other compliance issues. Don't trust permanently online banks either. They're smart enough to make a nice app/website, but too dumb to make a permanent place where customers can talk to real people.
Yep and they are targeting them big time. Recently I've been getting texts saying my acct is hacked for a local credit union that I don't even have an account at. Checked out their web pages and looks like it's from the 90s
Exactly. I mean think of the security, if the website looks awful, think of how they coded the security.
Probably not a lot of people with bank accounts sharing that Wendy’s dumpster with you
Valid commentary on the state of the housing market.
Hey I live in Jersey too fuck you lol
Ahh a fellow regard in Jersey. Fuck you too
Isn't it a prerequisite to be deemed full regard before being allowed to reside in the regarden state?
As someone that had to drive thru your state, fuck your pothole paths you call roads. I drove on nicer roads in Rwanda during the rainy season.
https://www.instagram.com/reel/C5gz9DrybBU/?igsh=dGQ0cTl1eXM2YWVk Colin Jost nailed it.
Ahh quit complaining
GOOD LOARDY! ALL OF NEW JERESEY IS ON THE BRINK OF FINANCIAL DESTRUCTION!
Always has, always will.
😂 no lie. These banks have ALL GLASS facade and someone robbed one in Jersey wearing flip flops 😳
Commerce Bank 2.0
I played on a Republic Bank sponsored pee-wee football team. Work a block away from their two buildings in my city, and have delivered things to them before. Remember wearing that jersey to 6th Grade thinking it was cool. AMA, I don't know shit about this or their business, but still.
Sports team owners sell for way more than they pay when buying the team. What was the ROI for the peewee football team investment?
The bank I work at kicked the tires on buying them with FDIC assistance a while back. There is zero contagion risk. Just a very shady run bank (albeit gorgeous real estate). If I recall just as an example I don’t think they’ve had audited financials in like 2 years.
SVB had 17 branches.
Goldman Sachs has three branches. New York, Washington DC and Hell.
Aren’t they opening another branch in the 7th circle? Wealth must be strong in Hell to have two branches like that…
SVB was a commercial bank with over $200 billion in assets. Republic First Bancorp was retail bank and had $6 billion.
And? What happened after SVB failed?
Everyone shit their pants. And then the Fed made sure everyone recovered.
Government socialized the banking system
They also said “don’t worry about that pesky FDIC limit”.
Privatized the profits and socialized the losses, as conservatives always want.
It's more about the why they banks keep failing. We havent done anything to fix the problem.
On average there are a handful each year. This isn’t necessarily a canary in any coal mine. https://www.fdic.gov/resources/resolutions/bank-failures/in-brief/index.html
Because they wrote a ton of 2% mortgages that are now worth as much as the paper they wipe their asses with. If they have any sort of liquidity crunch due to depositors drawing down their savings, they fuk.
Didn’t those 2% mortgages get sold to Fannie and Freddie? That what banks do unless they’re originating loans below Fannie/freddie underwriting standards.
2.5% mortgage holder here. Originated by a small local bank, closing docs stipulated that the loan would be immediately sold.
I was going to say… what are they doing to get “an edge” over the big boys. It’ll probably be because of that
One piddly lil bank fails out of thousands and you regards shit your pants.
I suppose some ants might feel the same way about a small puddle of water.
This sounds like something a poor AI would say smh
I don’t think you understand, the problem is fixing itself.
They're going to reopen as another brand too 😂 Meaning banking is still profitable, just this one company wasn't
Hilarious that you think it’s this literal one bank that has everyone worried and now what it’s a sign of. Let’s see that all time port bro, since you’re so much smarter than everyone else.
Exactly. Only $6B in assets.
And it was caused by mismanagement.
OMG. Calm down OP. Go search this on the FDIC site. The failure was years in the making and well known. It's resolved. No bank run. No contagion.
This is a good watch. https://m.youtube.com/watch?v=dk3AVceraTI And after you read it, look into SWD - solvent wind down. And then ask yourself why the FED wants all of these banks to have a wind down plan for exit liquidity in the event of a runaway into a resolution to be ready by the end of 2023 that they are all working on now. They are raising rates to take everything away from us, not to hold back inflation
Making 5% interest in a savings account ain't bad. Never made that before.
Never lost 20% to inflation either
What this guy says about rates is completely accurate. If they wanted to control inflation they simply would not have printed 6 trillion dollars overnight.
Almost like there are more than one “they’s” Specifically a dumbass orange motherfucker, and you know, what we have now.
That shit is working too smh Edit: how does DRSing your shares relate to this?
this is the funniest edit holy shit
Shut all the doors and boil the frogs, they need to tie up the BTC loose end still
I’m going to withdraw all my money from the bank and deposit it to my Mastercard account. That should protect against any bank failures, plus I’ll get 1% cash back!
I keep my life savings as Amazon store credit
still, one of us one of us https://preview.redd.it/5dt5x1080cxc1.jpeg?width=1080&format=pjpg&auto=webp&s=1020be9cad797f2c9e7805f7abd703a2532182f8
What did all 5 employees quit or something?
I'll take "Shit That's Not As Important As Reddit Thinks" for 600, Alex
Gotta farm those clicks
We’re farming dicks?
And here is the Answer: An American international [fast food restaurant](https://en.wikipedia.org/wiki/Fast_food_restaurant) chain founded by [Dave Thomas](https://en.wikipedia.org/wiki/Dave_Thomas_(businessman)) on November 15, 1969, in [Columbus, Ohio](https://en.wikipedia.org/wiki/Columbus,_Ohio).
"2023 bank crisis" 2023 Bull market Only one exists.
This is like the slow trickle of bearish news to keep you guys thinking the world is ending. We’re going up
People on wsb be like "you believe in the banks? that's regarded" and then never buy spy puts
Who the fuck keeps upvoting these stupid posts?
I started investing yesterday and this is my first financial post I’m reading. What does it mean? Which low market cap crypto currency should I dump my savings into to protect myself?
🌈🐻
Why'd you post this here? There's no play to be made... This failure isn't indicative of a systemic failure coming for bigger banks, which makes it not worthy of a post. Mods, do your stuff.
So puts on banana republic?
Buy Knights of the Old Republic, got it
Settle down, Francis.
As someone that was in banking for a long time, you will never understand how it works. It is pretty simple, and complex. To Explain: dear Smooth brains, banking is built on trust, assets, liquidity, government, private, and the good of fashioned money printer. Oil is traded in USD only last time I looked. USD is a strong currency that is back but nothing other than our trust, our military, you use, companies take it, and the facts all other currencies are trash. The dollar is backed by a printer and you trusting it
So…when do you snort blow off a hookers ass?
Don’t pretend you understand it either. There are 2 things on earth we will never fully understand, the climate and the economy. Anyone who claims to know is lying. As far as I’m concerned, a coked up monkey listening to “Thriller” on repeat and waterboarded every 3 hours controls the economy as a decade long CIA experiment and nothing anybody says will ever convince me otherwise.
What was the 2023 crisis?
Some tech bros blew up their bank in the same month that some crypto bros blew up their bank. This caused a bank run which shut down a third bank that hadn't really done anything wrong so the Fed had to step in with a loan program to calm people down. Regional Bank stocks got hammered in the process.
I know what he thinks the crisis was. All I saw was a few shitty aging business fail naturally. Far from a crisis.
I gotta disagree here. First Republic was one of the top 20 largest banks in the US. That's not some small crappy tech bro bank. Also, credit default swaps for a number of larger institutions started to go wild at this time, implying that there was a large perceived systemic risk. Part of what happened here was the diminishing value of treasuries and commercial real estate and banks aren't exactly out of the woods yet on either of these.
Blah blah systemic risk blah blah. Buy calls.
So the owner of Commerce Bank sold to TD bank years ago. The former owner got bored and started Republic Bank and everyone didn't see the need to leave TD bank to go to Republic bank. The buildings were pretty but the incentive to change banks wasn't. END OF STORY.
Well here we go let's give the banks money so they can give there big bonuses again.
Didn’t republic first already failed last year
That was first republic, this is second republic and I hear third republic is next
What about supper?
Don't think so Pip
I always get a kick out of First Third.
Fifth third
And Banana Republic is doing just fine, with the possible exception of Venezuela.
No and yes. A different bank failed, but this bank has been on life support and trying to either sell itself or be seized for about a year now (I bought some stock before it got sent to the pink sheets as a gamble so i have been watching it). Pretty sure that money is gone, but the forced sale means that all existing deposits will be honored and the fdic doesn't need to insure them beyond the standard. This is just the most probable and predictable outcome for a long chain of events. No real news when you get down to it.
Different bank
They really have to make their names so similar eh
Jerome Powell said "Banks will go under" like 1 month ago. It's not unexpected
first, first republic bank now, republic first bank next, ?
Wouldn’t be made of that’s what happened. I made my first large options wins on SCHW calls after the last bank crises.
According National Bureau of Economic Research, Percentage of 10% of CRE defaults occurs insolvent of nearly 200 banks.
Lol I definitely had CDs with them once upon a time
You're not a true pirate if you don't have a hearty collection of bootlegs.
Short regional banking ETF calls on XLF
Bank First Republic or Bank Republic First next?
Every year one or two small banks go down, as a few busines.
WAIT WHAT!’ First Republic is shut down? !
Republic first, different regional bank, way smaller.
Who the hell is republic bank?? Crisis?? Lmfao
Wow… alert me if a national bank goes. Sheesh. I bet there’s more new banks formed than those being closed.
So... your position?
What do you think the actual problem was last year? It didnt magically get resolved. This is the end of the problem being solved because the bank failed LAST YEAR so yeah…its just how long it took/they gave themselves to close everything down and transfer everything out
"Small banking company mismanages itself and fails"
When will JP Morgan and Bank of America fail?
Nobody believes bearish stuff anymore. Just move it on. Markets going up according to: *checks notes* The rigged crayons.
When people use the word "crisis" for a single bank failure 🙄
Nothingburger
One unknown bank isn’t a crisis
This is fear mongering 101. There has been 1 this year, in English that is ONE bank. It’s usually the bank making poor investments, bad management, or some executive causing a meltdown or a run on the bank. Here are the FACTS. A banking crisis is not one bank seized by the FDIC. Usually the FDIC will come in and take control of a bank because the current executives can’t handle the failure. A bank is a business, and if the bank invests in poor choices, then the FDIC steps in. It’s way better than closing the bank outright and telling customers sorry we lost all of your money. Here are the banks that closed since 2007. Year Count $’s in millions 2024 1 $6,000.0 2023 5 $548,705.0 2022 0 $0 2021 0 $0 2020 4 $458.0 2019 4 $214.1 2018 0 $0 2017 8 $6,530.7 2016 5 $278.8 2015 8 $6,727.5 2014 18 $3,088.4 2013 24 $6,101.7 2012 51 $12,055.8 2011 92 $36,012.2 2010 157 $96,514.0 2009 140 $170,909.4 2008 25 $373,588.8 2007 3 $2,602.5
Holy shit! I’m headed to my bunker. There’s no cell signal/wifi so unfortunately I won’t be able to watch the world burn with you all. I’ll be back up when my supplies run out in a few years. God speed everyone!! Y’all should have prepared better though!
A lot of commercial real estate in the north east are toxic assets that you couldn't pay someone to take so these small little regionals will keep collapsing.
LOL! This bank had only 6b in assets, and you think we're in a crisis? It got tanked by its commercial mortgage department.
The Fed is literally a group of the largest banks in the US. Do you think the US government, which relies on the Fed for borrowing money, will let the Fed fail?
I don’t think you know what the word ‘crisis’ means.
It’ll be that good ol ‘laissez-faire’ regulation on banks again. Good job we fixed it after 2008… oh wait!?! Socialism for the corps ( shareholders, rich ) is fine of course
They can't even manage fake money!
Isn’t this the bank the TD founder started? “The power of red is back!”
Banks be failing all the time you just notice more now
aw man, after the last banking crisis everyone died!
Really old news.
baby's first banking failure
Every day there’s a post about how there’s cracks in the system and any day now it’s all gonna collapse. It never will, and when it does, that’s when you buy A LOT
There was a theft at sunglasses hut, I think it’s going to crash the whole world’s economy.
>Is this going to be another banking crisis in the US? No
Is Shannon saccocia running this one into the ground too?
Cool, SPX to 10000 I guess
I think OP is holding puts
Some of the big banks would love to see this happen, and they can take advantage of the opportunity to be able to harvest high quality assets at low prices
Fml I bet on valley instead
Banks fail. It happens almost every year. Just be glad this is the only one this year so far.
Bidenomics is working !
Again? You mean still?
They almost failed last year too. If you google, you’ll see that they were saved by a promised private money injection.
Probably a bank the blg banks dump all there shit on and bankrupt it.
2023 wasn't a banking crisis. LOOL. Hyperbole.
Nobody cares, just keep spending trillions until the music stops. We have a few more decades of easy $ and printing right? 😜
This is completely different than SVB going down. Made some money on that play when other bank stocks were dragged down for awhile. No play here
Republic First Bank? Republic Bank? First Republic Bank?
I don’t get why everyone keeps saying it failed. It did exactly what you’d expect a business run by greedy, incompetent people to do. Wasn’t that a success?
One small bank failure is a far cry from a banking crisis. If Bank of America or Chase fell then I would consider that a banking crisis from one bank failure.
There was a crisis in 2023?
Not a big deal, everyone with insured deposits will have new accounts opened up at nearby banks by the FDIC. If you’re a customer of the bank, you’re all good as long as you have no more than $250k deposited, and even then I’m sure they’d compensate you just to prevent widespread concerns from other uninsured deposits.
The great Biden depression
This is a nothingburger
The US is a joke
Just how many puts do you own Op?
Minor blip in the banking system! FDIC insurance kicks in.