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re: First Republic Bank loses over $100 billion in customer deposits.

Posted on 4/25/23 at 5:34 pm to
Posted by JColtF
Lake Charles, LA
Member since Aug 2008
4760 posts
Posted on 4/25/23 at 5:34 pm to
quote:

First Republic Bank loses over $100 billion in customer deposits.


Well where's the last place they remember having them?

I'll show myself out
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
73071 posts
Posted on 4/25/23 at 5:39 pm to
so when you say they lost it....

Did they lose their customers money or did they lose their customers?
Posted by idlewatcher
Planet Arium
Member since Jan 2012
96937 posts
Posted on 4/25/23 at 5:41 pm to
quote:

Did they lose their customers money or did they lose their customers?
. Customers came calling for their money en masse and they don’t have the money to pay them.
Posted by bird35
Georgia
Member since Sep 2012
13621 posts
Posted on 4/25/23 at 5:42 pm to
By “Lost” do you mean misplaced, or invested in businesses that lost value????

Posted by cajunangelle
Member since Oct 2012
167343 posts
Posted on 4/25/23 at 5:42 pm to
First Republic needs the government's help

Where is Obama, Bushy & Clinton to fake save on a stage from a hurricane? We are the world we are the children, give to their foundations they care.

They are no where because they want America destroyed. Once digital currency hits it's done. There is no putting the genie back in the bottle.

So everyone watch Biden's 5AM dumb video that he is running again from his coffin with his pasty arse white face. Mighty Mouse with the red cape and white boots is trying to get his Casey in like Dr. Jill and her dress to trend.

Nobody look as federal Marshal's should be arresting DC and Biden. Maybe Tucker should run...

Nobody look China will love Biden and Hunter's a-hole very long time. After they bend us over with no lube with Putin.
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
73071 posts
Posted on 4/25/23 at 5:47 pm to
quote:


. Customers came calling for their money en masse and they don’t have the money to pay them.




oof.
Posted by RobbBobb
Member since Feb 2007
34241 posts
Posted on 4/25/23 at 6:47 pm to
Another day, another silicon valley area bank goes under
Posted by Roaad
White Privilege Broker
Member since Aug 2006
83971 posts
Posted on 4/25/23 at 6:48 pm to
quote:

context please? what did they do?



San Fran-based bank

Do you need more?
Posted by Havoc
Member since Nov 2015
39255 posts
Posted on 4/25/23 at 6:51 pm to
quote:

welcome to 2007

I was reading that thinking is this the same 2008 bullshite all over again re: quality/creditworthiness of loans??
Posted by 1BIGTigerFan
100,000 posts
Member since Jan 2007
55860 posts
Posted on 4/25/23 at 7:11 pm to
quote:

M2 went negative

They'll just move on to M3
Posted by Bourre
Da Parish
Member since Nov 2012
23920 posts
Posted on 4/25/23 at 7:28 pm to
Yea, but what’s their ESG score? That’s the new measure of success
Posted by cajunangelle
Member since Oct 2012
167343 posts
Posted on 4/27/23 at 9:14 am to
MSN via CNN says that they won't get bailed out again

LINK

Where is Biden on this? Come on, Jack!


Posted by Timeoday
Easter Island
Member since Aug 2020
22973 posts
Posted on 4/27/23 at 9:17 am to
What is the heritage of Yellen?
Posted by gogetumpoke
Member since Dec 2006
12 posts
Posted on 4/27/23 at 9:48 am to
She was sired by a groundhog.
Posted by beebefootballfan
Member since Mar 2011
20870 posts
Posted on 4/27/23 at 10:29 am to
quote:

Ed Dowd reported on War Room earlier that M2 went negative for the first time since the Great Depression…..probably need to pay attention to this developing economic indicator.


without googling can you explain M1 vs M2 and how interest rate rises would effect those numbers.
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