- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 2024 bank failure predictions
Posted on 1/25/24 at 12:27 pm to Flowbe209
Posted on 1/25/24 at 12:27 pm to Flowbe209
Just like the bank failures of last year the majority were related to crypto exposure. Where fraud is rampant and withdraws can be quick.
I would not expect the shakeup like last year where all 3 of the giant crypto banks all failed. Signature Bank (SBNY), Silvergate, and Silicon Valley Bank.
Probably the most obvious one for this year is Cross River Bank. Massive exposure to what is left of the crypto space via Coinbase/USDC. Under investigation for massive PPP fraud. FDIC has already issued a consent order against them for unsafe banking practices, especially related to their fintech business.
I would not expect the shakeup like last year where all 3 of the giant crypto banks all failed. Signature Bank (SBNY), Silvergate, and Silicon Valley Bank.
Probably the most obvious one for this year is Cross River Bank. Massive exposure to what is left of the crypto space via Coinbase/USDC. Under investigation for massive PPP fraud. FDIC has already issued a consent order against them for unsafe banking practices, especially related to their fintech business.
2
Posted on 1/25/24 at 5:29 pm to UltimaParadox
What’s the stock ticker for Cross River .. assuming it is publicly traded ?
Posted on 1/31/24 at 4:57 pm to UltimaParadox
quote:
Just like the bank failures of last year the majority were related to crypto exposure
The majority were related to holding worthless bonds.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News