#bankrun — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #bankrun, aggregated by home.social.
-
Let's talk Private Credit, bank runs and history repeating.
Private credit is debt financing provided by non-bank lenders directly to companies or projects through privately negotiated agreements.
In other words, enterprises which could not pass underwriting at a bank.
Companies like Morgan Stanley and Blackrock allow institutional investors to buy into the fund, i.e., pension funds, endowments, insurance companies etc.
Theoretically, investors can withdraw their capital....only, today...not so much. The moneylenders just capped how much of their own money the investors can have back right now.
How that cascades is yet to be seen, but if history is any guide, it probably won't be good.
-
All this talk suddenly of maybe getting rid of the FDIC takes me back to the financial crisis of 2008. In 2009, reflecting on that, I wrote a brief parable, Hollow Support.
https://netsettlement.blogspot.com/2009/03/hollow-support.html
#FDIC #banking #insurance #DepositInsurance #FinancialCrisis #risk #risky #Reckless #policy #deregulation #Trump #TrumpAdministration #Project2025 #doge #financial #economics #HollowSupport #FinancialCrisis2008 #BankRun
-
@piepants @daedalus Hey did someone say something about a bank run? Where the banks are out of cash? What better time to post in a bank run thread. #bankrun #nocash #trendfisting #economiccollapse #getallyourcashoutnow
-
If I was more of a conspiracy theorist I would suggest that the big banks are going around sparking bank runs so they can buy up small banks and acquire their customers. The reality is that every US bank is just a 10% draw down on deposits away from collapsing and it really doesn't take much for that to happen when a few large whales remove their deposits that are far above FDIC insurance levels.
-
#SocialMedia as a #BankRun #Catalyst (April 18, 2023). SSRN: https://ssrn.com/abstract=4422754 or http://dx.doi.org/10.2139/ssrn.4422754
#Socialmedia #fueled a #bankrun on #SiliconValle Bank #SVB, and the effects were felt broadly in the U.S. #bankingindustry. We employ comprehensive #Twitter #data to show that preexisting #exposure to #socialmedia predicts #bank #stockmarket #losses in the run period even after controlling for bank characteristics related to #runrisk.#FDIC #FederalReserve #banking #FinancialStability -
#SVB: US #regulators have generated “a #MoralHazard” #SiliconValleyBank suddenly collapsed just one week after making it to #Forbes’ America’s #BestBanks list, turning one of those best banks into the second-largest #BankFailure in US history. This immediately led to a storm in the #GlobaFfinancialSystem What was so striking is just how classic a #BankRun it was. https://www.thebanker.com/World/Americas/US/SVB-US-regulators-have-generated-a-moral-hazard See also Liquidity ransformation and Fragility in the US Banking Sector
https://www.nber.org/papers/w27815 -
The largest #BankRun in #history #SiliconValleyBank #customers withdrew $42 billion from their accounts on Thurs. That's $4.2 B an hour, or more than $1 million per second for 10 hours straight. To put that in context, the previous largest bank run in modern US history took place at #WashingtonMutual bank in 2008, & totaled $16.7 billion over course of 10 days. That's a mere trickle in comparison to what was seen at SVB, #FinancialStability #FinancialCrisis #StressTest https://www.axios.com/2023/03/11/the-largest-bank-run-in-history?
-
The largest #BankRun in #history #SiliconValleyBank #customers withdrew $42 billion from their accounts on Thurs. That's $4.2 B an hour, or more than $1 million per second for 10 hours straight. To put that in context, the previous largest bank run in modern US history took place at #WashingtonMutual bank in 2008, & totaled $16.7 billion over course of 10 days. That's a mere trickle in comparison to what was seen at SVB, #FinancialStability #FinancialCrisis #StressTest https://www.axios.com/2023/03/11/the-largest-bank-run-in-history?
-
The largest #BankRun in #history #SiliconValleyBank #customers withdrew $42 billion from their accounts on Thurs. That's $4.2 B an hour, or more than $1 million per second for 10 hours straight. To put that in context, the previous largest bank run in modern US history took place at #WashingtonMutual bank in 2008, & totaled $16.7 billion over course of 10 days. That's a mere trickle in comparison to what was seen at SVB, #FinancialStability #FinancialCrisis #StressTest https://www.axios.com/2023/03/11/the-largest-bank-run-in-history?
-
The largest #BankRun in #history #SiliconValleyBank #customers withdrew $42 billion from their accounts on Thurs. That's $4.2 B an hour, or more than $1 million per second for 10 hours straight. To put that in context, the previous largest bank run in modern US history took place at #WashingtonMutual bank in 2008, & totaled $16.7 billion over course of 10 days. That's a mere trickle in comparison to what was seen at SVB, #FinancialStability #FinancialCrisis #StressTest https://www.axios.com/2023/03/11/the-largest-bank-run-in-history?
-
Binance withdrawals and BUSD redemptions surge post Paxos crackdown - Net outflows at the cryptocurrency exchange hit $788 million over... - https://cointelegraph.com/news/binance-withdrawals-and-busd-redemptions-surge-post-paxos-crackdown #binancestablecoin #cryptoexchange #withdrawals #stablecoin #redemption #withdraw #binance #bankrun #selling #paxos #busd #sec
-
CoinList addresses 'FUD' on withdrawals, cites technical issues for delays - CoinList blamed “custodian issues” with one suffering an outage a... - https://cointelegraph.com/news/coinlist-addresses-fud-on-withdrawals-cites-technical-issues-for-delays #liquiditycrunch #cryptoexchange #technicalissue #wublockchain #withdrawals #icoplatform #insolvency #coinlist #withdraw #twitter #bankrun #fear #ftx #dex #fud
