Flowbe209

That ending was absolute garbage. But…young Catherine is fine as frog hair and I hope to see more of her work in the future.

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When is truist going to go bellyup because of that piper?

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This is a prediction thread, not a crystal ball thread. It’s fine to disagree with a prediction. Why are so many sensitive about Truist? It’s a stock just like 100s of others that get discussed on this board.

I’m long KRE and continue to buy monthly. Today’s FOMC statement omits the prior sentence that “The US banking system is sound and resilient.”

The entire industry is competing for liquidity. It’s not coming from deposit growth so it has to come from somewhere. In addition to the planned insurance company sale, Truist shut down fixed income sale & trading in 2023. It was a profitable business for them so the reasons why remain unclear other than the ambiguity of “strategy review and alignment.”

Their CRE time bomb is ticking and they have been in expense cutting mode for a while. Shut down entire lines of business. But it hasn’t been enough and eventually you have to pay the piper.

No they do not. If they accept an offer there will be a background section in the disclosures that discusses other potential offers in vague, general terms. If they reject an offer the attempted acquirer can go public in what is known as a hostile takeover.

Taxing credit unions wouldn’t be a drop in the bucket to state or federal receipts. It would just give the bank lobby one less thing to use to deflect from their own issues. I agree that Navy, PenFed, etc are very much a bank; other than the ownership structure.

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Who mastered this scam first? Printers and their proprietary ink or Keurig and their proprietary pods?

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The Gillette Mach 3 profit margins would like a word.

Mine turns 9 this month. Santa delivered him to my house for Christmas 2014. If you don’t want to ask Santa for one, you may want to take a look at Bon Aqua Brittanys in Bon Aqua, TN. It’s a little bit west of Nashville. It was a one man operation and I have no idea if he is still in business. The dog came AKC registered and is amazing family pet. I don’t hunt but the breeder did.

Riverside Towing
El Cid
Realtors
Travel Ball

Full article is paywalled at link below.

LINK

On the outskirts of El Dorado — heart of Arkansas’ 1920s oil boom — a company backed by Koch Industries Inc. is looking to dramatically speed up extraction of a battery metal essential to weaning the world off fossil fuels, while proving naysayers wrong in the process.

Standard Lithium Ltd. is working on the breakthrough inside a white warehouse near a massive chemical factory run by Germany’s Lanxess AG that feeds brackish wastewater into the facility. A cluster of pipes and tanks in the demonstration plant turn brine into a lithium compound within days instead of the year or more that traditional recovery methods take.

I had a pool built in my backyard when the HOA refused to open the neighborhood pool for summer 2020 because of Covid. I then worked behind the scenes to lead the effort to overthrow the HOA board and elect a slate of board members that had the ability to think for themselves and not blindly follow Fauci.

You won’t do a damn thing except glare at me enjoying the shade while you and your fat wife trudge through the sand to an empty spot. I’m here all summer while people like you come and go every Saturday. Sneer at me harder next time. Perhaps it will make an opening appear.

Banks are more than willing to lend at below market rates to a certain segment of the population that is highly correlated to criminals, knowing that a lot of it will default. It boosts the banks’ ESG scores and is officially known as the Community Reinvestment Act.

Truist is getting out of the FI sales & trading business. It’s no secret that community banks (Truist’s customers) have low liquidity right now and aren’t buying bonds, but I was shocked when I heard. Do you think other dealers will follow or is this a unique situation for TFC following the Suntrust BB&T merger?