Ben Johnson
It looks like the *other* other bank that FDIC received last week, Signature Bank, was a major lender to NYC's most predatory landlords, and the loans were structured to encourage tenant evictions and the deregulation of rent-stabilized apartments into market-rate apartments. https://www.vice.com/en/article/m7bqzp/signature-bank-collapse-nyc-housing-predatory-landlords
Collapsed Signature Bank Made Risky Loans to Predatory Landlords

Housing advocates are highlighting how the failed bank fueled NYC's housing crisis by funding predatory landlords.

Mar 15, 2023 at 3:28amWeb
Show threadBen JohnsonMar 15, 2023
Also disconcerting is that former senator Barney Frank, as in "The Dodd-Frank Act" Barney Frank, served on the board of Signature Bank.