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Started By
Message
Is Capital One in trouble?
Posted on 3/22/23 at 12:16 pm
Posted on 3/22/23 at 12:16 pm
Saw alot of posts on twitter today about Capital One credit default swaps surging. I'm using the capital one savings account so that's concerning
Posted on 3/22/23 at 12:23 pm to umrebel2009
Sure hope not. Half this board has cash in their high yield savings.
Posted on 3/22/23 at 12:23 pm to umrebel2009
Do you have more than $250k in a single account?
If not, then you have nothing to worry about.
If not, then you have nothing to worry about.
Posted on 3/22/23 at 12:24 pm to umrebel2009
quote:
I'm using the capital one savings account so that's concerning
Do you have more than $250K in your account? I’m not even sure that it matters now, since they’ve set a precedent by paying off all depositors.
ETA: Brobocop has a faster internet connection than I do.
This post was edited on 3/22/23 at 12:25 pm
Posted on 3/22/23 at 12:26 pm to Jag_Warrior
quote:
ETA: Brobocop has a faster internet connection than I do.
Posted on 3/22/23 at 12:27 pm to Brobocop
Nice try, fedboi. You're not stealing our money to pay off Ukrainians.
Posted on 3/22/23 at 12:28 pm to umrebel2009
When you look at Cap One it appears they are among the most liquid of all the larger banks.
If they are in trouble then it is all the more reason to be suspicious of every bank balance sheet in the country.
If they are in trouble then it is all the more reason to be suspicious of every bank balance sheet in the country.
Posted on 3/22/23 at 12:34 pm to umrebel2009
The more people talk about banks failing, the more it becomes a self-fulfilling prophecy.
Posted on 3/22/23 at 2:22 pm to BottomlandBrew
You people need to really layoff the acid. And quit watching bloomberg and CNBC. If you think Capital One is about to fail, I have no words for you.
And as someone already stated, unless you have over $250k, it doesn't even concern you. And if you have over $250k, that bafoon Yellen already said you're going to be covered anyway.
And as someone already stated, unless you have over $250k, it doesn't even concern you. And if you have over $250k, that bafoon Yellen already said you're going to be covered anyway.
Posted on 3/22/23 at 2:23 pm to umrebel2009
quote:I have no idea where you're seeing this (I follow a lot of economists and finance experts on twitter), but Capital One is subject to the stricter regulations, stress tests, etc. that SVB was no longer subjet to.
Saw alot of posts on twitter today about Capital One credit default swaps surging. I'm using the capital one savings account so that's concerning
Posted on 3/22/23 at 3:52 pm to umrebel2009
Doesn’t really matter unless you have over $250k in a single account. And even so, Cap1 is in the “too big to fail” category and will be back stopped
Posted on 3/22/23 at 3:55 pm to buckeye_vol
Posted on 3/22/23 at 4:28 pm to buckeye_vol
quote:
I have no idea where you're seeing this (I follow a lot of economists and finance experts on twitter), but Capital One is subject to the stricter regulations, stress tests, etc. that SVB was no longer subjet to.
I know several bankers who have told me the regulators are hammering some things a lot more than normal right now.
Sometimes you need to let a litle blood to save the patient.
Posted on 3/22/23 at 5:05 pm to LSUFanHouston
quote:
I know several bankers who have told me the regulators are hammering some things a lot more than normal right now.
I’m a banker and we haven’t seen much reaction at all from the regulators. There just aren’t enough of them and they’re very reactive vs proactive. I figure our exam is going to be all about liquidity, investments etc vs a deep dive on the loan portfolio. But we’ll see.
Candidly, when they come in, there is an examiner in charge and then a bunch of young pups usually. We end up training them half the time.
Posted on 3/22/23 at 5:18 pm to umrebel2009
Delete your Twitter and you won't deal with this irrational uncertainty
Posted on 3/22/23 at 5:58 pm to umrebel2009
The banking industry is insolvent. There is no practical way to fix it. I have no confidence that our money is safe. Also, with hyperinflation otw, a haircut is assured. Hopefully the FED will be replaced.
Posted on 3/22/23 at 8:24 pm to umrebel2009
Does this mean no more Jennifer Garner commercials?
Posted on 3/22/23 at 8:28 pm to TUman
quote:
The banking industry is insolvent. There is no practical way to fix it. I have no confidence that our money is safe. Also, with hyperinflation otw, a haircut is assured. Hopefully the FED will be replaced.
You pretty much hit all the buzzwords. Nice.
Posted on 3/22/23 at 8:45 pm to slackster
quote:
The banking industry is insolvent. There is no practical way to fix it. I have no confidence that our money is safe. Also, with hyperinflation otw, a haircut is assured. Hopefully the FED will be replaced.
Congrats on watching 8 hours of news coverage today. Go crawl in a cave somewhere.
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