I warned you about this.

Jerome Powell has already made it clear that, in this downturn / collapse, the "too big to fail" institutions will be just fine; the banks that will fail will be small to medium regional banks. What do you think is the case for businesses in general?

https://medium.com/@sara_causey/the-way-of-the-future-a6ae291222c4

#smallbusiness #toobigtofail #economy #thefed #smallbusinessgoingoutofbusiness #banks #bankfailures #corporaterealestatefailures

Pacific Investment Management Co. expects more regional bank failures in the US because of a “very high” concentration of troubled commercial real estate loans on their books.

“The real wave of distress is just starting” for lenders to everything from malls to offices, John Murray, Pimco’s head of global private commercial real estate team, said in an interview. His division sits within Pimco’s $173 billion alternatives business.
#realestate #bankfailures #loans

https://www.bloomberg.com/news/articles/2024-06-11/pimco-warns-of-more-regional-bank-failures-on-commercial-property-pain

Here we are again.

https://medium.com/@sara_causey/underscoring-the-challenges-facing-regional-banks-4f713893fc61

#bankfailures #thefed #economy #banksolvency #bankingsystem #RepublicFirstBancorp

Pay attention. #BankFailures

Republic First Bank seized by regulators, sold to Fulton Bank https://www.axios.com/2024/04/27/republic-first-bank-failure

If We Can Cover Catastrophic Bank Failures, We Can Cover Catastrophic Health Costs

https://slate.com/business/2023/05/fdic-bank-failures-reinsurance-medical-costs.html

#Slate #BankFailures #HealthCosts #FDIC #Reinsurance #CatastrophicCoverage #Politics #News

Stop bailing out the rich and their banks

https://www.bostonglobe.com/2023/05/08/opinion/bank-failues-svb-fdic/

#BostonGlobe #StopBailouts #RichPeople #BankFailures #FDIC #EconomicJustice #Politics #News

3 Failed Banks This Year Were Bigger Than 25 That Crumbled in 2008

#BankFailures #NotFunnyMoney @Rhubarbarian #WeBTheSheriff
@marca56 #StickUp #WhiteCollarCrime
Playing Poker With Other People's Money ...

First Republic Bank, formerly a subsidiary of Bank of America, has now become Chase.

#bankfailures #bigbanks