Signature Bank collapse becomes third-largest bank failure in U.S. history

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  • Опубликовано: 15 сен 2024
  • ABC News’s Mona Kosar Abdi joins from a New York City Signature Bank location where customers are being reassured that their money is safe.
    SUBSCRIBE to ABC News on RUclips: bit.ly/2vZb6yP
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    Watch FULL EPISODES on Hulu: abcn.ws/3bzvQQn
    #news #signaturebank #money #banks #abcnews

Комментарии • 622

  • @tatianastarcic
    @tatianastarcic Год назад +327

    Considering the recent developments involving SVB, Signature Bank, and First Republic Bank, reminiscent of the 2008 market crash, is it prudent to continue saving in the United States dollar? Alternatively, would it be wise to contemplate investing in gold amidst these circumstances?

    • @richardhudson1243
      @richardhudson1243 Год назад

      It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.

    • @darnellcapriccioso
      @darnellcapriccioso Год назад +1

      @@richardhudson1243 It is often true that people underestimate the importance of financial advisors until they experience the negative effects of making decisions based on their emotions. I recall a few summers ago, following a long and difficult divorce, when I needed a significant boost to keep my business afloat. I conducted research and found a licensed advisor who was diligent and helpful in growing my reserves despite inflation. As a result, my reserves increased from $275k to approximately $850k.

    • @maiadazz
      @maiadazz Год назад

      @@darnellcapriccioso I find your situation fascinating.
      Would you be willing to suggest a trusted advisor you've worked with?

    • @darnellcapriccioso
      @darnellcapriccioso Год назад +1

      @@maiadazz It's best you do your due diligence, I have my portfolio overseen by ‘Laurel Dell Sroufe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @8088I
    @8088I Год назад +52

    The CEO anticipated the failure by
    eviscerating (looting)) the Cash Flow
    with massive Bonus payouts for himself
    and his co-execs - all, within the 2 weeks.

    • @rayleeaustralia
      @rayleeaustralia Год назад +19

      Criminals. They should be locked up

    • @JK-br1mu
      @JK-br1mu Год назад +2

      Source for this claim:

    • @pogiboy3571
      @pogiboy3571 Год назад +6

      ​@@JK-br1mu no need to get out from under that rock.

    • @ethosein462
      @ethosein462 Год назад +3

      ​@pogi boy well with all due respect, I do believe that it's perfectly within reason to ask for a source. For all we know this individual could be lying and it can be considered a courtesy to provide evidence for such claims. Of course, I won't deny the fact that you could simply look this up for yourself but like I said it's more so a courtesy and to provide credibility to the claim.

    • @alanwolfinger8745
      @alanwolfinger8745 Год назад +2

      @@ethosein462 Nothing wrong with asking for a source. You might even have already had your own source and simply wanted to verify or find more sources. People are just so childish. Face to face if pogi boy accidentally rammed your grocery cart with his in the grocery store, he very likely would have apoligized (giving him some possible undue benefit of the doubt here, based on experience with others). Yet somehow online, people's true selfish nature just comes right out.

  • @thomasjarrett9015
    @thomasjarrett9015 Год назад +46

    See this people is what happens when people are given trillions of dollars to save businesses to big to fail. Some of the same people are in charge that were still in charge in 08 look at s.v.b people selling of stocks before collapse they didn't go to jail last time nor will they be going to jail this time. Once a crook always a crook

    • @IneffableEntity
      @IneffableEntity Год назад +1

      They're immune to criminal charges because they are more important than everybody else in the world.

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      Roosevelt threw em jail back in the day, but democrats, unlike the GOP, GOT SERIOUS ISSUES PUNISHING WHITE FOLK!!!!!

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      @Sunny bob Quackers I said what I said....LOL

    • @colbylawson-up9xu
      @colbylawson-up9xu Год назад

      Jail? The guys will be bailed out with tax payer money.

  • @StikbotStopmotion2016
    @StikbotStopmotion2016 Год назад +68

    When abc says it’s ok it means it’s not!

    • @sirennoir258
      @sirennoir258 Год назад +1

      Yep. It's about to hit the fan.

  • @TheF1Driver1
    @TheF1Driver1 Год назад +86

    The system is collapsing before our eyes, Silicon Valley Bank and now this. Definitely heading into a depression.

    • @toryloving3492
      @toryloving3492 Год назад +12

      My exact words to my wife. There will be lots of pain for the next 3-5yrs but needs to happen!

    • @lsrose
      @lsrose Год назад +7

      I have to agree, sadly.

    • @designerjayuk
      @designerjayuk Год назад

      The collapse of the western empire. It's crumbling. Make way for the east.

    • @brandonscharmann2681
      @brandonscharmann2681 Год назад +8

      @@toryloving3492 the pain is only created by the elite if we the people stop being so complacent we can change things

    • @51-FS
      @51-FS Год назад +2

      And it all sarted with covid and the free money.....

  • @ryleemacmahon
    @ryleemacmahon Год назад +109

    The failure of Silicon Valley Bank has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stocck portfolio, what’s the best way to take advantage of this bear market?

    • @curtisdarveau
      @curtisdarveau Год назад

      The SVB situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor

    • @itzeltorreson
      @itzeltorreson Год назад

      I agree, having a brokerage advisor for inveesting is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.

    • @pamelamonarch
      @pamelamonarch Год назад

      that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

    • @ryleemacmahon
      @ryleemacmahon Год назад

      @@pamelamonarch credits to DEBORAH DIVITO WELCH, one of the best portfolio manager;s out there. she;s well known, you should look her up

    • @Ampersandrascott
      @Ampersandrascott Год назад

      Buy high, sell low. Repeat the panic of the tech correction

  • @brettbing
    @brettbing Год назад +142

    Who else is feeling the heat of the economy and the unpredictable stock market? Raises hand Yep, that's me with my $730k portfolio made up of bonds and stocks. I've been tossing and turning at night wondering if it's time to liquidate and flee for the hills. Anyone else in the same boat?

    • @Bradleyalice
      @Bradleyalice Год назад

      It would be prudent to conduct a thorough assessment of the companies you have invested in and their potential for future growth, especially considering the possibility of a further market downturn. Engaging the services of an investment advisor to help restructure your portfolio could help alleviate any anxiety and improve your investment strategy. I have personally found this approach to be successful in reducing stress levels.

    • @brettbing
      @brettbing Год назад

      I have been exploring the possibility of utilizing advisors. However, I am still evaluating their potential effectiveness in providing the support I need.

    • @Bradleyalice
      @Bradleyalice Год назад

      "MARIA ELENA MONTES ADVISOR" an esteemed coach known for her proficiency in her area of expertise. You probably might have come across her. I found her on a CNBC interview where she was featured and i reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can carry out a quick internet research on her name for more info. I basically follow her market moves and haven’t regretted doing so...

    • @brettbing
      @brettbing Год назад

      Thank you so much for this information. ☺

    • @gabreiribeiro
      @gabreiribeiro Год назад

      In today's world, some may question the need for financial advisors, but recent data suggests otherwise. In fact, a recent survey conducted by Investopedia revealed that the demand for financial advisors has increased by a significant 41.8% since the onset of the pandemic. As for Maria Elena Montes, while I'm not certain whether she is currently accepting new clients, it's always worth reaching out to her to inquire. Her expertise in the field is highly regarded, and she may be able to offer valuable insights to those seeking financial guidance.

  • @daniellebush3160
    @daniellebush3160 Год назад +15

    Bank of America next

  • @cloudyblaze7916
    @cloudyblaze7916 Год назад +130

    I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

    • @albacus2400BC
      @albacus2400BC Год назад +4

      We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.

    • @ericmendels
      @ericmendels Год назад +3

      I have learned to not trust corporations. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor, and it has been paying off, and I'm never going back to banks full time.

    • @victorlaranjahal
      @victorlaranjahal Год назад +1

      @@ericmendels This sounds really interesting. I've been thinking of pulling out my money too. Could you recommend who your advisor is? I could really use some help.

    • @ericmendels
      @ericmendels Год назад

      Oh, I'm not really in the business of giving financial advisor, so you are responsible for your decisions. But I have been working with Sharon Louise count, so you could check her out and contact her, if you want.

    • @kaylawood9053
      @kaylawood9053 Год назад

      @@ericmendels Thanks for the help, Eric. I have sent her a mail, and I hope she gets back to me soon. Any idea if she can help with family portfolio?

  • @rayleeaustralia
    @rayleeaustralia Год назад +118

    All these CEO taking big risk so that they can get HUGE bonuses. The board should also be made accountable for failures

    • @wrrrrrrr219
      @wrrrrrrr219 Год назад +6

      like biden

    • @smithanvil-yb7xl
      @smithanvil-yb7xl Год назад +3

      @Jack Like Biden? I think you love Biden. You wake up hard for Biden every morning.

    • @garymorris1856
      @garymorris1856 Год назад

      Stupid Joe Biden, who says there is nothing to worry about with the banks, is the very same idiot telling us that our southern border is secure.

    • @garymorris1856
      @garymorris1856 Год назад

      @@wrrrrrrr219 Wonder how much Hunter Biden will get from this.

    • @terryf3282
      @terryf3282 Год назад

      CEOs will be looked after its America after all land of the corrupt. CEOS make big money even when they are crap at their job and make huge losses. Then they get another plum job at another company?

  • @drophammer776
    @drophammer776 Год назад +63

    Didn't Biden just go on National Television proclaiming how great the economy is?

    • @rozlanyaakub1869
      @rozlanyaakub1869 Год назад

      Biden said Russian Ruble become useless.

    • @christinahansen9952
      @christinahansen9952 Год назад

      Who believes in Biden criminal familie ?????

    • @LeoS.B.Rosevillte
      @LeoS.B.Rosevillte Год назад +5

      Not the economy’s fault, but the banks lol 😂

    • @Kingdoperks
      @Kingdoperks Год назад

      @@LeoS.B.Rosevillteexplain

    • @lothean2099
      @lothean2099 Год назад

      He's the president, he has to say that to keep the public from panicking. Imagine if he said the economy is doing bad and all banks are going to collapse. What the hell do you think the public will do.

  • @MultiInKIEto
    @MultiInKIEto Год назад +18

    Ladies and Gentlemen welcome to hyper inflation get that money out and make those bonds available.

  • @oleradiodudea.m.4735
    @oleradiodudea.m.4735 Год назад +65

    In Minnesota. Bank withdrawal of $5000 from personal checking took 20 minutes. Many people in the lobby. Many cars in the lot. Teller asked me if I would accept a cashier's check. I insisted cash. Asked for normal ID, bank card and driver license. Came back a few minutes later and asked if, "because of my age (67)" if anyone put me up to this. I assured her the answer was no. A few more minutes later she comes back with cash (about 20 minutes total) and asks me what I intended to use the money for. I told her that's not her business. She asked what made me want to take out this cash. I said, when Joe Biden came on TV and said everything was going to be ok, that convinced me because he is a liar.

    • @zesolodar
      @zesolodar Год назад

      "and asks me what I intended to use the money for. I told her that's not her business" just an fyi i had a friend who worked as a teller at a major bank and he told me the reason why they ask you is plenty of people get scammed every day. he saw it pretty much every week where people would withdraw large sums like you did for scammers such as the cia, irs tax scam ect.. especially considering your age that prob raised a question considering your age group is usually who gets taken. instead of throwing attitude torwards her maybe you need to understand why shes doing it in the first place. she was trying to look out for you nothing more nothing less

    • @johnnybgoode8104
      @johnnybgoode8104 Год назад

      I bet you cheered when Trump rolled back regulations that could have prevented this

    • @LEOHACKMAN247
      @LEOHACKMAN247 Год назад +10

      Congratulations. You are essentially one of the people who panic-bought toilet paper when the lockdown started.
      If "the President is a liar so I need to take my money out of the bank" is the best you've got, why did you ever put it in?
      I am 20 years younger than you and there hasn't been an honest man in that office in my entire life.

    • @PlaYer-sn5or
      @PlaYer-sn5or Год назад +2

      😂😂

    • @Lovelove77788
      @Lovelove77788 Год назад

      💯💯💯💯💯💯💯💯💯👍👍👍

  • @sirennoir258
    @sirennoir258 Год назад +11

    Every single time they say we should have confidence something horrible is going to happen.

    • @animula6908
      @animula6908 Год назад +3

      Have confidence the system will fail you and no one is going to help you. Have confidence in that

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      Yeah, his name was Trump and his losers base, the Republican Party.

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @Epstein_Never_Met_the_Guy
    @Epstein_Never_Met_the_Guy Год назад +37

    Remember how Bush Jr. went on TV to tell us everything is fine and then a few days later Wamu, Lehman collapsed causing the GFC ?

    • @rayleeaustralia
      @rayleeaustralia Год назад +1

      Bush... One of the worst president. The same guy accused Iraq with weapons of mass destruction?

    • @edwardpi9852
      @edwardpi9852 Год назад +2

      Great ponzi scheme!

    • @scottinnh88
      @scottinnh88 Год назад +5

      Yep the great uniparty a Biden bush Clintons all the same

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      And remember when the Democrat Obama took over and stabalized the country and was given hell bc of it but the GOP-igs?

  • @jspears2320
    @jspears2320 Год назад +21

    I remember when saying this feels awfully close to 2008 and people called me a an idiot because we wouldn’t see a repeat. Now we are probably going to experience an even worse situation in the coming months. Guess we’ll see who was more prepared in the near future.

    • @leopoldmarsh
      @leopoldmarsh Год назад +1

      I thought IRAs and 401ks were functionally the same thing?

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      If that happens, it will be because the banks are nothing but welfare tax payer babies and all will somehow find a way to get them Biden tax dollars, bc that's what greedy mf's do.

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @mr.cookie7308
    @mr.cookie7308 Год назад +16

    How is the failure of the 2nd and 3rd biggest banks of all time in a matter of days not a cause for concern?

    • @nameless-og
      @nameless-og Год назад +4

      Because they need to grab the little bit of our currency that actually still exists, before you and I do.

    • @bikboto-zx6my
      @bikboto-zx6my Год назад

      Obummer and Biden worst Presidents in the past century

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      Because the sun game up that day and the moon that night....stop making mo hills out of mountains GOP conservative whinners!!!

    • @nameless-og
      @nameless-og Год назад +1

      @@gayleholmes9081 lol, that totally didn't sound like a paid troll 🤣

    • @silverianjannvs5315
      @silverianjannvs5315 Год назад

      I read on the news that another 9 banks on the verge of collapse
      - Customer Bancorp Inc
      - First Republic Bank
      - Sandy Spring Bancorp Inc
      - NY Community Bank
      - First Foundation Inc
      - Ally Financial Inc
      - Dime Community Bancshares Inc
      - Pacific Premier Bancorp Inc
      - Prosperity Bancorp Inc
      - Columbia Financial Inc

  • @notcherbane3218
    @notcherbane3218 Год назад +29

    I watched one of the experts on banking talk about the banking collapse and his comment was basically this is what happens, people just need to get used to it, you could see him almost cringe when they're reporter ask about more banking regulations. Even the expert was afraid of regulations( they don't want anybody to interfere with their financial speculation and risk taking so they can make more profit) this just means they know how regulations stops or hinders the collapse of banks. every time a financial crisis occurs which is about every 10 to 15 years, they throw in more regulations and then the bank's whine and complain and investors complain about it and they loosen them back up and then this happens all over again.

    • @alab3657
      @alab3657 Год назад +6

      Yeah, nothing to do with printing 6,000,000,000,000$ over 3 years and then raising rates 600%.

    • @johnjepsen500
      @johnjepsen500 Год назад

      Barack Obama is laughing from his palatial 18 million $ beach shanty on Martha's Vineyard, sharing cocktails and coke with Larry Summers, Robert Rubin, Hank Paulson ...all laughing at the peasants!

    • @Jay-cp9kd
      @Jay-cp9kd Год назад +1

      @@alab3657 bullseye

    • @gvonk2
      @gvonk2 Год назад

      the communist central banking system relies on a boom/ bust precedent... the government can only enact qe/qt through implementation of debt through the banks. implementation of more regulations is a naive uneducated solution. The problem is in the model and government spending/welfare state

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      Nobody is ever gonna give up on America''s Captialism, nobody...they can talk crap all day, but nobody is gonna give the American dollar.....what needs to happen, is that the industry needs to cap bonuses and corporate pay...these ppl are making millionaire salaries.,

  • @alkaline3254
    @alkaline3254 Год назад +11

    Most of these non big banks know what’s coming. My friend was laid off with 3 months notice. So they know….if they don’t tell the employees…that’s a different issue

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @jonfunrue4098
    @jonfunrue4098 Год назад +5

    Well do you trust ABC news is reliable? I sure don't. I'd get my money out asap.

  • @jakopyan
    @jakopyan Год назад +8

    What a surprise? It’s like stealing from a drug dealer. The startups burn investor money and the bank burns their money. Why are they so angry? “I can’t make payroll but we have 487mil in the bank” you poor baby. Did your Hamptons house need a remodel? What’s next? Who knows but nothing these corporate dudes do should ever surprise you. Career line crossers with zero accountability.

  • @matthewatwood207
    @matthewatwood207 Год назад +18

    "Hallelujah! Let it all just burn. Cause they ain't the type for listening, and they sure ain't never gonna learn."

  • @Volundur9567
    @Volundur9567 Год назад +6

    Concerned about total collapse of the economy. Hopefully that never happens, but every empire comes to an end.

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      ALL GREAT EMPIRES EVENTUALLY EMPLODE FROM GREED AND CONSERVATISM

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @phallondavenport470
    @phallondavenport470 Год назад +3

    The banks said, I'm going to take your money, your house, your car and your little dog too.. Lol

  • @Breone
    @Breone Год назад +4

    2023 really gonna be that year

  • @scottsent8120
    @scottsent8120 Год назад +2

    The failure of SVB has been duly explained. What about this one? Was Signature Bank also a VC/StartUp haven? 2 minutes for this report with no explanation for why this bank went under. Worthless reporting.

  • @yuhdd2216
    @yuhdd2216 Год назад +10

    More to come

  • @eliso5973
    @eliso5973 Год назад +3

    at the same time, all experts still talk about China's collapse, and they started this "theory" 20 years ago.

  • @John-A
    @John-A Год назад +3

    Get huge bonuses for taking dumb risk. And make the average citizen pay for it.

  • @rooster1012
    @rooster1012 Год назад +5

    Another crypto fail bank, any bank dealing in crypto should lose it's FDIC insurance and have to tell it's costumers.

    • @catcowboy6376
      @catcowboy6376 Год назад

      You do realize that cryptos currently rallying?

  • @gabiausten8774
    @gabiausten8774 Год назад +3

    People called me crazy when I predicted that SVB will collapse and that it wont be the only one…

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @gaguil13
    @gaguil13 Год назад +12

    It’s crazy how FDIC only insures $250k. These people probably had millions and only will be insured a fraction. Guess investing and not having all your money in a bank is such a good idea.

    • @davidwhitten3596
      @davidwhitten3596 Год назад

      Why would the government guarantee every bad decision made by these people.

    • @IneffableEntity
      @IneffableEntity Год назад

      Self custody of your own money/assests is what crypto is all about.

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      Every year banks sends out Board meeting intelligence to holders....maybe its time to read the shttt instead of cashing Madoff checks.

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @DaltonMyWorld
    @DaltonMyWorld Год назад +1

    Thanks for the info

  • @arbitraryass
    @arbitraryass Год назад +2

    David looks trust worthy. His pale concerned look made me more comfortable.

  • @janinegrey6937
    @janinegrey6937 Год назад +3

    I have less than $250K. I’m not worried. Hope the big crooks in these banks go down.

  • @eddiedonelson823
    @eddiedonelson823 Год назад +19

    And Joe says his economic plan is working!

    • @texasray5237
      @texasray5237 Год назад +6

      It's working for him and his friends.

    • @jeanninelavin5467
      @jeanninelavin5467 Год назад +1

      Go Brandon!

    • @will-da-mac1505
      @will-da-mac1505 Год назад

      You guys must not be educated this has been going on since 2008 and way before then.

    • @Jenloves780
      @Jenloves780 Год назад

      Biden's plan is working after a worldwide pandemic intentionally mishandled by Frump and GOP. You can also thank them for the collapse of these banks because Frump deregulated the banks the systems put in place to recognize stress points. These were put in place because of the collapse of 08. You can also thank Frump and GOP for the 20 train derailments because of once again deregulation all so the rich could get richer at the expense of everyone else. The poor people in Ohio exposed to toxic chemicals. That is because of Frump and the GOP. When are ignorant people going to learn they don't care about anyone they only care about themselves the rich.

    • @will-da-mac1505
      @will-da-mac1505 Год назад

      @@Jenloves780 your dumb my guy

  • @TighelanderII
    @TighelanderII Год назад +23

    Now, the effect of the Feds rate hikes regarding this have surprised me, but I can't believe that they have surprised the people that know about rates and banks. Instead of raising rates to fight inflation, monopolies and industry collusion should be looked at in regard how they affect inflation.

    • @TELEVISIONARCHIVES
      @TELEVISIONARCHIVES Год назад

      This wasn't about rate hikes. Both of these banks gave loan to crypto start-ups

    • @TighelanderII
      @TighelanderII Год назад

      @@TELEVISIONARCHIVES The news that I'm hearing is that the bank invested in a lot of low-interest bonds. Those investments lost money as rates rose.

    • @Andrew_NJ
      @Andrew_NJ Год назад

      The only thing that effects inflation is money printing also known and "Quantitative easing (QE)" and "stimulus". All of this was recently triggered from the COVID stimulus checks. The Fed rate hikes is simply exposing all the banks that were over leveraged and now these are all going to fail.

    • @TighelanderII
      @TighelanderII Год назад

      @@Andrew_NJ Monopolies also cause inflation. Have you never noticed how your cable bill always rises faster than inflation? Do you never notice how high health care is? That's because they can charge you what ever they want to. None of this has anything to do with the money supply.

    • @gvonk2
      @gvonk2 Год назад

      the fed is simply chasing inflation. inflation comes from excess cash injection from qe/government spending(demand vs supply). The fed doesn't control anything. Americans have no one to blame but themselves. We voted to lock ourselves down, we voted for free money, welfare, stimulus, cash injections and now we pay the consequences for our greed.

  • @PatrickFoley-vf3lr
    @PatrickFoley-vf3lr Год назад +8

    The whole system needs to come down to destroy the greed.

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      Destroy the greedy and those that contunue to look the other way, ie the Conservative party

  • @jasielm5258
    @jasielm5258 Год назад +27

    These people with full confidence in the bank also have full confidence in sleepy joe

    • @higgs923
      @higgs923 Год назад

      The regulations that would have prevented this bank failure were repealed during the Trump administration.

    • @AlejandroGarcia-xq1mt
      @AlejandroGarcia-xq1mt Год назад

      Sleepy Joe doesn't run banks, these banks play with your money neither republicans or Democrats have nothing related to these crooks.

    • @bentrinker1937
      @bentrinker1937 Год назад

      he gets things done so??

    • @jts9120
      @jts9120 Год назад +6

      ​@@bentrinker1937 What has he got done?

    • @LolLol-up2oy
      @LolLol-up2oy Год назад +6

      @@bentrinker1937 you are delusional.🤣🤣 stop watching cnn.

  • @johnsmith-iq6lz
    @johnsmith-iq6lz Год назад +1

    I'm not afraid of bank failures anymore since 2008 because the FED can print up as much money as they want.

    • @keandrethegoat1169
      @keandrethegoat1169 Год назад

      Not anymore they won’t lol

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @gogiocannizzaro1511
    @gogiocannizzaro1511 Год назад +1

    I liked how they questioned the one guy who was making a deposit.

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @ro6742
    @ro6742 Год назад +23

    Have we Built Back Better enough yet?
    Or are we still just getting started?
    🥤😎🍿

    • @MoneyOverFame
      @MoneyOverFame Год назад

      lol

    • @oscarlumberg8865
      @oscarlumberg8865 Год назад

      The great reset requires the collapse of the present systems

    • @Jenloves780
      @Jenloves780 Год назад

      So you obviously don't have a clue how the economy and the banking sector works.

    • @MoneyOverFame
      @MoneyOverFame Год назад

      @Brandon we’re watching centralization fail.

  • @KO12881
    @KO12881 Год назад +2

    The thing about modern bank runs, you do not see people queuing in front of the banks to withdraw their money. It is a digital world now. People make money transfers and payment transactions digitally. Money in bank can depletes in seconds. No one can tell which bank is next until it is too late. Bank runs are invisible now. You can have policies set to save people after bank failures. What policies can prevent bank runs and bank failures? How many banks you can protect and what's the budget's cap?

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @broncorik2268
    @broncorik2268 Год назад +2

    Things are likely get worse . What better way to create a one world currency then crash all the current banks

  • @v-eye-p8444
    @v-eye-p8444 Год назад +6

    my bank is my shoe box

  • @Lawlzinator
    @Lawlzinator Год назад +4

    Imagine the democrat media outrage if this happened under trump

    • @alab3657
      @alab3657 Год назад

      He would already be under impeachment hearings.

    • @Jenloves780
      @Jenloves780 Год назад

      Frump deregulated the banking sector took out the policies designed to recognize stress points.

  • @TKO67
    @TKO67 Год назад +1

    NEVER PUT YOUR EGGS IN ONE BASKET !!!!

  • @johnkim3899
    @johnkim3899 Год назад +2

    I'm very baffled how much people are panicking. The vast majority of this is about some wealthy & interest groups trying to request bailouts & regulations!

    • @PineApple-bs8rt
      @PineApple-bs8rt Год назад

      Probably because they have thousands in hard earn money possibly in limbo. Completely understandable.

    • @catcowboy6376
      @catcowboy6376 Год назад

      And you got three banks that have gone under and I assure you a lot more banks are going to go under you know how much money is tied up in that you could have economic collapse again

  • @mikesiret5171
    @mikesiret5171 Год назад +1

    They assured you everything will be ok and you believe them. People are so naive these days.

  • @sphony
    @sphony Год назад +13

    Damn history repeating itself.

    • @Muzikrazy213
      @Muzikrazy213 Год назад

      In 2018 Trump literally repealed the Dodd-Frank regulations Obama put into law after the 2008 crisis specifically made to avoid this exact kind of crisis

  • @salemk.3098
    @salemk.3098 Год назад +1

    can $500k mortgage and 100k pickup truck loans be sustained?

  • @stevenchow408
    @stevenchow408 Год назад +2

    Greed hurts society.

  • @DanielGomez-le5wo
    @DanielGomez-le5wo Год назад +1

    They must do sit-ups where the upper part of the abdomen is worked, with the legs raised and trying to touch the feet with the hands and its variants that work the upper part of the abdomen. This exercise of the upper part of the abdomen removes depression and anxiety, it also heals the mind...

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @jirachi-wishmaker9242
    @jirachi-wishmaker9242 Год назад +3

    First Republic fell by 70%

  • @CoopersDescent
    @CoopersDescent Год назад +2

    Maybe Ukraine can offer them a loan? Ukraine is loaded with money.

    • @SeeLight222
      @SeeLight222 Год назад

      Hey, beautiful and lovely picture. 😉
      How much money did the J-eopardy Club amass? No wonder the lucifers and accomplices were so greedy and nasty before they got the OPPORTUNITY to loot. Scum level players. Those will be bone-dry and ridden of even the worthless pennies after our fight for justice and dignity is done.

  • @TravelingTheWorld1993
    @TravelingTheWorld1993 Год назад +1

    I understand that the FDIC insurers accounts of up to $250,000. If I had 1 million dollars total in a single bank. But it was in four different accounts. Would the FDIC insure all of mine four accounts valued at 1 million?

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @BHJ7115
    @BHJ7115 Год назад +2

    They are falling like Domino's

  • @jasperliew1030
    @jasperliew1030 Год назад +1

    Quickly rush to your Bank, withdraw your money

  • @BlimpCityFeeder
    @BlimpCityFeeder Год назад +1

    No footage of Signature Bank calling NYPD on their Park Ave customers doing bank runs?? Interesting.

  • @m-cw7er
    @m-cw7er Год назад +6

    I use credit unions 😊

    • @mariewheeler5626
      @mariewheeler5626 Год назад +1

      So do it. I have my paycheck automatically deposited with Wells Fargo. I'll be closing my account with WF very soon.

    • @dragonmaster3953
      @dragonmaster3953 Год назад

      Credit unions are just as vulnerable...I'd get your worthless paper out now.... precious metals is where I have my money...in my hand not in investing in gold and silver...better buy gold and silver before it's too late... Bitcoin will crumble as it has already...cyber money will disappear with the push of one button...

  • @AlifLaamMiin
    @AlifLaamMiin Год назад +3

    *1st 2nd and 3rd bank then were Heisting Captial Consumers Bank.*
    *-Were Just Melting Everything💗*

  • @CHYMEERAS_Sk0_GaNg
    @CHYMEERAS_Sk0_GaNg Год назад +2

    The Simpsons show predicted it .Time to take your money out

  • @littlecloud2197
    @littlecloud2197 Год назад +2

    If your smart pull your money

  • @deansmiley8221
    @deansmiley8221 Год назад +3

    Hahahaha!😆 Same bank that cut ties with Trump after the so called "INSURECTION" This is Solid gold Karma!!😅

  • @ernestoxavier5426
    @ernestoxavier5426 Год назад +10

    Reaganomics neoliberalism is contemporarily used to refer to market-oriented reform policies such as "eliminating price controls, deregulating capital markets, lowering trade barriers" and reducing, especially through privatization and austerity, state influence in the economy & leaving the door wide open for possible racketeering. ⚔

    • @TherealDarthSlayden
      @TherealDarthSlayden Год назад

      huh?...

    • @NashHinton
      @NashHinton Год назад +3

      You're right.

    • @annabellelee4535
      @annabellelee4535 Год назад

      That's funny seeing as the US federal gov't is the biggest racketeer in the world. It's always 10% for the Big Guy.

    • @alab3657
      @alab3657 Год назад

      Lol. Now it's Reagan's fault.
      God leftist R DAF.

    • @gaoxiaen1
      @gaoxiaen1 Год назад

      Possible?

  • @Trelnet
    @Trelnet Год назад +12

    Take back the bonuses that the C-levels and other employees took, just before the failure. Show them the inside of a jail cell!

    • @MrAB-xc9du
      @MrAB-xc9du Год назад

      Any action illegal of board with in 1 year can be stopped/recovered.however internal factors are more stronger than external one.

  • @llcooljay66
    @llcooljay66 Год назад

    When people say it’s ok this much it’s bad

  • @brittanydavis4546
    @brittanydavis4546 Год назад +4

    Wow that's a lot

  • @chocolat-kun8689
    @chocolat-kun8689 Год назад +1

    Banks are not supposed to fail with all the corruption in the bank system. This is worrying.

    • @mikerice5298
      @mikerice5298 Год назад

      Over 10,000 in the 1930s

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @sanujitroy6830
    @sanujitroy6830 Год назад

    How many banks are under pressure?

  • @KaiserBlade
    @KaiserBlade Год назад +1

    Change the definition of failure.

  • @gvonk2
    @gvonk2 Год назад +2

    Hopefully Americans saved up their free money because we will be paying the consequences for our greed. There is never such thing as "free money". You can only kick the can so long. Unfortunately our 50 year old can has turned into a landmine of epic proportions.

  • @jimtimmins1119
    @jimtimmins1119 Год назад +1

    A fail only hurts the invested.
    Everyone else wins. Deadwood kills a tree, fallen deadwood nourishes it.

    • @gayleholmes9081
      @gayleholmes9081 Год назад

      Such a soothing poignant comment, thank you!!

  • @LexaKnight
    @LexaKnight Год назад

    The bank closed faith in what ? You can have faith that you won't be seeing your money anytime soon.

  • @msmith9929
    @msmith9929 Год назад +1

    Once Biden counted a trillion M&Ms

  • @ericeandco
    @ericeandco Год назад

    How is it not another bank bailout? We were told after the last banking crisis this couldn’t happen again

    • @Jenloves780
      @Jenloves780 Год назад

      Frump and the GOP deregulated the banking sector the policies put in place to recognize stress points to avoid a collapse of 08.

  • @carlosa.n5100
    @carlosa.n5100 Год назад +2

    All money will be worthless. All banks will fail. All crypto will collapse. Prior to the arrival of the true Messiah; the Avatar. Only good deeds and true spiritual studies will be valuable.

  • @Liberalcali
    @Liberalcali Год назад +3

    Bank failures
    Trump-0
    Biden-2

  • @bebeg604
    @bebeg604 Год назад +1

    Y'all got any spare Change?

  • @haptic5273
    @haptic5273 Год назад +1

    Based on the video, it appears that the collapse of Signature Bank is a significant event in the banking industry and could have wider implications for the economy. As an EE, my analysis and advice would be as follows:
    Analysis: Signature Bank was the third-largest bank failure in US history, which is a concerning development for the banking industry.
    The collapse was likely caused by a combination of factors, including poor management, high levels of debt, and economic instability.
    The collapse of a bank this large could have a ripple effect throughout the financial system, causing other banks to fail and potentially leading to a broader financial crisis.
    Advice: For individuals, it is essential to keep a close eye on their bank's financial health and consider diversifying their funds across multiple banks or financial institutions to reduce the risk of a complete loss.
    Investors should be cautious and consider diversifying their portfolio to include safer investments like bonds or gold, which can provide a hedge against market volatility.
    For policymakers and regulators, it is crucial to monitor the banking industry closely and implement measures to prevent similar collapses in the future. This could include stricter regulations, improved risk management practices, and better oversight of the banking sector.

    • @HernandezDeclan
      @HernandezDeclan Год назад

      Greetings,
      I guess you're aware of the upcoming global reset and new banking system,save yourself and money while you still can by joining the QFS to avoid been a victim of the banks,
      I recommend you----to-the--mentor's----verified-----t€l£---gr@mm---acct
      -----@MickleXRP

  • @helloworld23666
    @helloworld23666 Год назад +1

    What happened to hindenburg reports? 🤣🤣🤣🤣🤣🤣🤣🤣 can't even predict the market of their own country.

  • @markbaker2370
    @markbaker2370 Год назад +1

    Chase is gonna go down next .

  • @aerohk
    @aerohk Год назад +3

    1st Republics is next

  • @TheWeatherLegend
    @TheWeatherLegend Год назад +3

    But if we are wise
    We know that there's always tomorrow
    Lean on me
    When you're not strong
    And I'll be your friend
    I'll help you carry on...
    For it won't be long
    Till I'm gonna need somebody to lean on
    Please swallow your pride
    If I have things you need to borrow
    For no one can fill
    Those of your needs that you won't let show
    You just call on me brother when you need a hand
    We all need somebody to lean on
    I just might have a problem that you'll understand
    We all need somebody to lean on
    We all need somebody to lean on

    • @animula6908
      @animula6908 Год назад

      This is the dumbest comment on here. Congratulations. That’s saying something.

  • @lovelivelaugh4542
    @lovelivelaugh4542 Год назад

    if you have more than $250K in your account with that bank....I feel sorry for you...

  • @mgt1429
    @mgt1429 Год назад +1

    They can guarantee you anything doesn't mean it's gonna happen.

  • @crypto_que
    @crypto_que Год назад +1

    “David” looks like a totally normal guy & NOT an insider at all 😂.

  • @bencarling3
    @bencarling3 Год назад +2

    Buckle up folks its gona be a bumpy ride

    • @dragonmaster3953
      @dragonmaster3953 Год назад

      Convert that paper money into gold and silver as that paper will be worthless

  • @ilovetattoospty3656
    @ilovetattoospty3656 Год назад +1

    He dint say all that

  • @pietromoopy2010
    @pietromoopy2010 Год назад +1

    42k views with 374 thumbs up, exactly why RUclips wanted the thumbs down hidden.

  • @XpapricaX
    @XpapricaX Год назад +1

    Soooo what about the china beef?!

  • @cornebod
    @cornebod Год назад +1

    Who told them to by so many worthless government bonds...

  • @rulysumitro5269
    @rulysumitro5269 Год назад

    Now that all the money insured, the insurance companies will go bankrupt

  • @quran3757
    @quran3757 Год назад

    What about if you have check for billion dollar did they still will pay it

  • @msmith9929
    @msmith9929 Год назад +1

    Who did Joe give Americas money to? He has good friends he owes favors to in Ukraine.

  • @lol34321
    @lol34321 Год назад

    So now 3 banks have went down? Not good.

  • @JK-br1mu
    @JK-br1mu Год назад

    Sucks. This was America's signature banking institution.

  • @scottcarey7725
    @scottcarey7725 Год назад +1

    *So send the Police to Arrest them? ooh wait*

  • @burnoutminion
    @burnoutminion Год назад

    This is just a temporary problem

  • @Joshua-Samarita
    @Joshua-Samarita Год назад

    So Silicon, Signature, what is the other one? Lehman?