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ANOTHER BANK FAILURE: SIGNATURE BANK IN NEW YORK; SEIZED BY FDIC

ANOTHER BANK FAILURE: SIGNATURE BANK IN NEW YORK; SEIZED BY FDIC

Signature Bank in New York has been shut down by New York State Banking Regulators.   It is one of at least twelve banks whose Thursday and Friday stock plunges made it clear the bank was in major trouble.  Failed Silicon Valley Bank saw similar stock crashes before it, too, was seized by Banking Regulators, in what is now the second largest Bank Failure in U.S. History.

New York Banking Authorities confirm they have seized Signature Bank.

More info as it becomes  available.

Several More banks expected to fail tonight and tomorrow . . . .

Comments   

# B of a collapse in 3 daysTurnercom1 2023-03-12 23:55
Story here on Hal said Bank executive at Bank of America will fail in 3 day,s. Red alert. Abandon ship
# Who says ?oldschool 2023-03-14 14:44
Got a link .
-1 # B of a collapse in 3 daysTurnercom1 2023-03-12 23:55
Story here on Hal said Bank executive at Bank of America will fail in 3 day,s. Red alert. Abandon ship
+1 # SEEMS TO MENZ KIWI 2023-03-12 20:36
a pattern is forming SVB= NUMBER 18 BIGGEST NEXT FIRST REPUBLIC = 14 BIGGEST AND NOW SIGNITURE =10 BIGGEST next one will be ????????????????
+1 # RE: ANOTHER BANK FAILURE: SIGNATURE BANK IN NEW YORK; SEIZED BY FDICLambs Servant 2023-03-12 19:37
Interesting and dangerous times that we are living in.
+3 # RE: ANOTHER BANK FAILURE: SIGNATURE BANK IN NEW YORK; SEIZED BY FDICRaven1 2023-03-12 19:27
These banks keep dropping like poorly designed buildings during a bad earthquake
+9 # A probable path here: Hegelian Dialecticjoe@tittiger.com 2023-03-12 19:14
.
Soon we the tax payers will bail out these "too big to fail banks" (as planned)

Then they will spring their "solution" on us.....

A Federal Reserve Electronic Currency, to finish our total enslavement.

And most Americans the ones that were dumb enough to allow fractional reserve banking, will also fall for the electronic currency.

We are fuked with this dumbed down population.
-1 # You did alsoTurnercom1 2023-03-12 23:57
You use the bank system also.
+1 # The sheep will demandunixguru24 2023-03-12 21:52
Their own enslavement
+6 # RE: A probable path here: Hegelian DialecticGunner 2023-03-12 20:04
Not quite my friend. This is all planned and the damn disgusting CBDC will just so happen to be rolled out and get this, for Our SAFETY...what a flipping joke.
+2 # Sarcasm but trueRed Deer 2023-03-12 19:13
Fractional Banking is where they take 100% of your money and give it to some one else, pay you a pittance in interest, and then when they go belly-up you get back only a fraction of your money. Oh it's a wonderful life...if your the banker on the right side of the politicians.
+4 # QuestionAngus 2023-03-12 19:12
Every alt news website- except this one, is telling everyone to buy gold and silver. (Thanks Hal, for NOT jumping on that band wagon.)
So, fill me in somebody, and I’m not being flippant or confrontational here- but just how is one going to buy gasoline, or meat, or bread with gold? How does one pay a utility bill with silver coin, or a mortgage payment with gold, if the banks are dead, along with the dollar? And credit cards….??? Does everyone think we switch to a precious metal economy overnight? Fix rates of exchange? Give you dead cash in change for a loaf of bread you bought with your smallest denomination gold coin? How does everyone imagine that will work?
+1 # Angus,oldschool 2023-03-12 22:32
I have asked the very same question almost word for word and have never gotten a real good answer from anyone because I don't think anyone has an answer. On the food issue I think we are going to have to rely on what we have in storage and what we can grow on our own. But as you said, how does one pay the electric bill, the property tax, the city water and garbage.
I have a real uneasy feeling about being homeless and that is not going to bode well in the north country.
I'm thinking it may be time to lock-n-load and get ready to defend your property and your life.
+2 # Good and silverunixguru24 2023-03-12 21:54
Are God’s money. That’s good enough for me
-2 # Same questionAdiff5466 2023-03-12 20:24
When people are starving, who is going to want a gold coin... unless it’s filled with chocolate. I understand one trying to preserve their wealth with precious metals; however, I’d rather have skills and stuff that will actually matter to someone’s survival rather than gold. Also, they can just come take it unless you bury it like a freakin pirate.
+7 # RE: QuestionJFY 2023-03-12 19:34
.
Gold is for storage of wealth. Silver is for day to day transactions. Barter of goods and services will also be used.
+10 # ... but just how is one going to buy gasoline, or meat, or bread with gold?standingwave 2023-03-12 19:19
I don't think barter is the point with gold. I think the point is that when the dust settles, perhaps years from now, you will have something to start over with as opposed to losing everything. The problem could be that years to recovery turn into decades.
-2 # I have always laughed at those pushing buying gold and silver.jddonahey1990 2023-03-12 19:17
A lot of them are Christians like myself, but why buy gold and silver to protect your assests in the event of a collapse of paper money?

For those that believe in the Bible or even the NWOs one world currency. All of that gold and silver is useless unless you transfer that wealth into the new BEAST of revelations monitary system. You pretty are preparing yourslef to say yes to the mark of the beast. No thanks, I will go out into the wilderness and live off the land and what God provides me. I do not love money.
+4 # RE: ANOTHER BANK FAILURE: SIGNATURE BANK IN NEW YORK; SEIZED BY FDICmtown 2023-03-12 19:10
just came back from getting $ out of my banks ATM. Used to be able to get $500, now the limit is $300. I don't like that!
# WeirdAdiff5466 2023-03-12 20:26
What bank? I pulled $1k out of the drive thru at BoA.
# BoAMadfr0g56 2023-03-12 19:09
Will Bank Of America fall with the others this week?
# #bailoutTim421 2023-03-12 19:09
Announced all depositors will be fully restored, not only in this bank but any other failing banks. The government will now cover the difference. What does this sound like ? Stock market way up in pre market trading.
# RE: ANOTHER BANK FAILURE: SIGNATURE BANK IN NEW YORK; SEIZED BY FDICMiketheArabSkywatcher 2023-03-12 19:07
as the world turns away from Christ at an increasing rate.
those who remain with the faith in the heart , we might feel more strength from The Holy Spirit than we can imagine.

have the financial markets ever truly garnered your heed? or was is Spiritual Warfare all along ............

they have knocked america down a peg and they will now move to decimate the upper middle class. but ask yourself,,,,,are you a member of that group?
the power of the Orthodox Christian faith will leave you with no trepidation
# RE: ANOTHER BANK FAILURE: SIGNATURE BANK IN NEW YORK; SEIZED BY FDICAvanarts 2023-03-12 19:06
There are a lot of waffle words in this article, but it sure sound like bail outs to me.

https://www.kitco.com/news/2023-03-12/US-announces-it-will-stem-SVB-fallout-customers-to-have-deposit-access.html
-4 # the Beautiful Russian Orthodox FaithMiketheArabSkywatcher 2023-03-12 19:00
it is time for us to be true warriors

https://www.youtube.com/watch?v=ztzq05IzYds&ab_channel=Jacaranda
+2 # Here we go! Buckle up!ebphoto 2023-03-12 19:00
There’s been so many financial experts that said this would happen for a few years now. Recommending people buy precious metals & hard assets. I hope people have done this but I know many haven’t or even been able to! I hope this isn’t the start of something huge but I fear we are sending the beginnings of a historic & biblical event! Buckle up!
# Dominoswdewolfe 2023-03-12 18:55
Those dominos are so unforgiving.
+2 # RE: ANOTHER BANK FAILURE: SIGNATURE BANK IN NEW YORK; SEIZED BY FDICdarkwingduck 2023-03-12 18:52
here we go !!

 

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