Is no one else concerned to be putting so much money into Tbills? with the debt so high and economy so volatile and a need to bail out banks...it seems so unstable to invest in the government
Why can’t the gov pay for the long term investments that the bank has. Everyone keeps their money, bank stays open, economy stays stable and government makes a profit(in the long term at least)Just wondering!!
sadly signature is closed
Major heimishe bank. Tho whose who of heimishe companies banked at signature.
why? What was special about them? And what issues do they have now? Too focused on CRE?
Bravo ! Mr president and Fed did the right thing here“Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed”https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htmI would also like to see regulatory rewrite but that’s for tomorrow for now let’s celebrate this victory
that sound that you are hearing is all of them releasing a collective sigh of relief
Unlike ‘08 with MBS nor being worth sh*t this is a time problem. Simple solution? Buy back those treasuries at par. Otherwise this *could* become a big problem at which point options will be far limited
https://twitter.com/MacroAlf/status/1635048190566346753
Did they have a choice? The regulatory rewrite needs to be done now while the iron is hot.