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1. kybermace (kybermace@poa.st)'s status on Monday, 29-Apr-2024 20:56:26 JST kybermace

   Another bank has collapsed -> https://edition.cnn.com/2024/04/26/business/regulators-seize-republic-first-bancorp/index.html

   The fun part is knowing that these banks were basically expected to learn from what happened earlier on in 2023, from SVB et al. Seems they are not selling off those low rate Treasury bonds as well as hoped.

   • Kenny Blankenship repeated this.
   • Chineseman 🟥 #nobot (iamal_pharius@poa.st)'s status on Monday, 29-Apr-2024 20:56:27 JST Chineseman 🟥 #nobot

     in reply to
     @kybermace >american/colony banks selling low yield treasuries.
     
     Would be nice if they ever allowed to, and continue to get access to swift
     Kenny Blankenship likes this.