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Thread: Bank Failures
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03-16-2023, 06:42 PM #13
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Re: Bank Failures
Fed wire is being implemented July 10
The ISO 20022 Switch this weekend in Europe
Doesn't mean XRP price jumps Monday, but this is a big deal.
Ripple/XRP-ISO20022/ECB/T2/SWIFT/EURO1System "Big Bang Cutover" 72 Hrs, Fidelity/Crypto Goes LIVE
https://www.youtube.com/watch?v=86xlN4kvbj4
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Re: Bank Failures
Interesting article. Remote work was never going to be as productive as working in the office:
https://www.axios.com/2023/03/17/svb...r-bank-failure"We're not changing anything." -John Harbaugh
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03-27-2023, 09:47 AM #16Hall Of Fame Poster
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Re: Bank Failures
This supports Darb's statements.
https://www.cnn.com/2023/03/26/busin...bank-red-flags
Back to my point though how does such a large bank lose focus on such an important primary position?
Where is that focus if not on something so fundamental (per the article it's fundmental basic banking)?
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03-29-2023, 07:56 PM #17
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Re: Bank Failures
You're exactly over the target. They have to destroy the dollar to get out of their bad debts. That's what 911 was for. They needed to clear the junk bonds that were used to finance the destruction of the soviet union. That and cover up the missing three trillion from the defense department they announced on September 10, 2001
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Re: Bank Failures
For starters, they donated $73 million to the Marxist group BLM, ignoring how to fundamentally run a bank and look out for their customers. ESG instead of the fiduciary responsibilities to their clients. Similar to the Biden Administration. But Biden will bail them out cause they are big donors to the Demoncrat Party.
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03-29-2023, 09:42 PM #19
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