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bobwest
Forum:
Stocks and ETFs
March 12th, 2023, 08:34 PM
Replies:
65
2023 Bank Crisis and Meltdown: Silicon Valley Bank, Signature Bank, Credit Suisse ...
Views:
4,937
Posted By
bobwest
I beg to differ. This is not politics. If the...
I beg to differ. This is not politics. If the panic had gotten out of control, then next week it would be your bank, or mine, and you, and I, would not know if we would have any money left. This is...
Forum:
Stocks and ETFs
March 12th, 2023, 06:38 PM
Replies:
65
2023 Bank Crisis and Meltdown: Silicon Valley Bank, Signature Bank, Credit Suisse ...
Views:
4,937
Posted By
bobwest
By the time anyone reads this, if they don't get...
By the time anyone reads this, if they don't get to it until tomorrow (Monday), things will probably have changed. But the news as of 6:00 PM-ish ET on 3/12/23 is that the feds are looking to make...
Forum:
Stocks and ETFs
March 11th, 2023, 12:30 PM
Replies:
65
2023 Bank Crisis and Meltdown: Silicon Valley Bank, Signature Bank, Credit Suisse ...
Views:
4,937
Posted By
bobwest
As I understand it, they did liquidate their...
As I understand it, they did liquidate their treasuries heavily, once they got hit by depositor withdrawals -- and they took a serious loss on them because the fixed rates they had from earlier bonds...
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