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re: Louisiana bankers see few parallels between Silicon Valley Bank collapse, local market
Posted on 3/14/23 at 10:53 am to goofball
Posted on 3/14/23 at 10:53 am to goofball
Banks with diversified assets aren't in danger of this type of collapse. That's true, and also why we shouldn't be bailing them out. There should be consequences for bad investments.
This post was edited on 3/14/23 at 10:53 am
2
Posted on 3/14/23 at 11:01 am to imjustafatkid
quote:
Banks with diversified assets aren't in danger of this type of collapse. That's true, and also why we shouldn't be bailing them out. There should be consequences for bad investments.
You can’t frick over the depositors because of the banks investment choices
Posted on 3/14/23 at 11:42 am to imjustafatkid
The SVB & Signature Bank implosions just centered around cryto and start-ups. What we haven't seen yet and we will see it this year is the implosion of banks with large commercial lending units because this is the next ball to drop.
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