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Discussion » Questions » Finance » Yet another bank failure, 4 banks in just a 1 1/2 months. How many more will fail?

Yet another bank failure, 4 banks in just a 1 1/2 months. How many more will fail?

Posted - May 3, 2023

Responses


  • 13261
    How would anyone here know?
      May 3, 2023 6:10 PM MDT
    2

  • 32946
    Take a guess.....
      May 3, 2023 8:31 PM MDT
    0

  • 13261
    Why? What’s your agenda?
      May 3, 2023 8:43 PM MDT
    1

  • 32946
    I don't have an agenda.... I am just pointing out the financial situation in the last 1 1/2 month....I believe it is not over.  Do you?
      May 4, 2023 5:08 AM MDT
    0

  • 13261
    I don’t know. But we both know that you have an agenda. It dates back to 2020.
      May 4, 2023 9:42 AM MDT
    1

  • 32946
    You mean I am a MAGA Republican....that is not an agenda that is just a fact from 2015. This post was edited by my2cents at May 4, 2023 12:44 PM MDT
      May 4, 2023 12:42 PM MDT
    0

  • 1927
    Rival faction tension monger.
      May 3, 2023 6:47 PM MDT
    1

  • 10624
    None. No more banks will close in the US because Joe Biden has a plan. Actually I read that some of the countries in the world are thinking about not basing their currency on the US dollar - like maybe they will base it on the euro. Cheers!  
      May 4, 2023 9:29 AM MDT
    2

  • 32946
    Hope you are right....but I would not bet on it. 
      May 4, 2023 12:41 PM MDT
    0

  • 1927
    Nobody is going to talk me out of Biden or Zelensky dude so let's part you. Not you Nanoose. He was just a hammer head snark. Out of the blue he say: Yeah. Zelensky will hang. Enough!l
    Yeah. Biden stole votes. Enough! This post was edited by CosmicWunderkind at May 4, 2023 11:10 AM MDT
      May 4, 2023 10:40 AM MDT
    0

  • 32946
    I did not mention Zelensky....????  I do not like him or Biden.  No surprises there. 
      May 4, 2023 12:44 PM MDT
    0

  • 845
    Another great reason not to be rich. All of my bank balances combined do not exceed the amount insured by the FDIC.
      May 4, 2023 12:26 PM MDT
    2

  • 32946
    I have no worries on that front either. 
      May 4, 2023 12:42 PM MDT
    1

  • 13261
    Wealthy people don’t keep money in savings banks, and often not much in commercial banks such as Chase either.
      May 4, 2023 1:55 PM MDT
    3

  • 32946
    Nope they have better places to keep it.
      May 4, 2023 4:59 PM MDT
    0

  • 845
    Where did I say savings bank?
      May 4, 2023 5:20 PM MDT
    1

  • 13261
    Where did I single out savings banks? I mentioned them in conjunction with commercial banks.

    Wealth management is a much larger and significant function at investment companies such as Fidelity, Vanguard, Charles Schwab, and UBS. Holdings in these institutions are insured not by the FDIC but by SIPC, Securities Investors Protection Corporation. It’s a non-governmental, non-profit entity.
      May 4, 2023 7:40 PM MDT
    0

  • 845
    O.K.
      May 4, 2023 10:02 PM MDT
    1

  • 17471
    Find out what members of congress are selling.
      May 5, 2023 7:33 PM MDT
    2

  • 32946
    They do seem to be able to time their sales just at the right time.  
    I do not think anyone in Congress should be allowed to own individual stocks of other companies. 
      May 6, 2023 5:13 AM MDT
    0

  • 2918
    You don't really think Congresspersons will tell you that, do you?  :)
      May 6, 2023 6:22 AM MDT
    0

  • 32946
    There is a Twitter account that posts Congress stock sales and purchases. It used to be devoted to just Pelosi and her husband, as they time the transactions perfectly.
     
    They must all be reported publicly within 30 days of any trade..... sadly that is not quick enough for others to follow with their own trades.
    This post was edited by my2cents at May 6, 2023 6:39 AM MDT
      May 6, 2023 6:34 AM MDT
    0