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UPDATED (AGAIN) 11:29 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTED

Trading of the stock in Credit Suisse was HALTED overnight after another 15% plunge in its stock value.  Commerzbank dropped 11%. In the USA, Federal Republic dropped another 66%, with Western Alliance Bancorp down 52% and PacWest down 37% in pre-market trading.

Despite a staggering loosening of credit available to banks from the Federal Reserve over the weekend, Investor confidence is still plummeting for most of the same banks that saw this trouble late last week.

Whether these banks can avail themselves of the new, loosened credit resources and possibly save themselves today, remains to be seen.

During the weekend, a major bank started making headlines, when Depositors at Wells Fargo reported problems with account balances and funds availability had NOT been fixed by the bank.

Moreover, Depositors in Bank of America put videos on social media showing lines at some BoA branches filled with customers who could not get answers from the bank's customer service department.

Whether any of this turns into BANK RUNS today, remains to be seen.

OPINION

While many (myself included) thought the new credit availability from the federal reserve, wiped out the risk and solidified the banks over this past weekend, now, many (myself included) are not so sure.

If Investors keep selling bank shares, it __may__ prompt frightened Depositors into pulling money from the banks and at some point, very fast, that will still take out the banks.

Today seems to be fixing up to be a very wild (and dangerous) ride.   

The cartoon below seems to indicate how some people might react to Bankers not ponying-up the money:

 

(UPDATE 9:12 AM EST --

Look:

UPDATE 9:57 AM EST --

Looks as though Investors are ***NOT*** accepting government assurances about Banks.  Biden just came out at the White House to tell the public "the Banks are safe" but stocks now dropping for ADDITIONAL Banks:

First Republic Bank down 66%

Western Alliance Bancorp down 75%

PacWest Bancorp down 46%

Zions Bancorp down 44%

Bank of Hawaii down 42%

Customers Bancorp down 54%

East West Bancorp down 32%

Comerica down 39%

TRADING HALTED IN MULTIPLE BANK STOCKS AFTER OPENING BELL:

UPDATE 10:34 AM EST --

Majority of trading halts have re-opened for trading . . .  Let's see if the plunge resumes.

Big players in global finance are saying we're doomed . . . .

 

10:39 AM -- First Republic Bank, halted again, down 77%.

 

UPDATE 11:29 AM EST --

Europe is tanking too.

Large declines in the shares of EU banks:

Credit Suisse fell by 14%

UniCredit Bank fell by 9%

KbW Bank fell by 13.5%

Sabadell Bank fell by 11%

Santander Bank is down 8%

French minister tells investors to ‘calm down’ after banks stocks fall

France’s Finance Minister Bruno Le Maire told investors on Monday to “calm down” after stocks in French banks including Societe Generale and BNP Paribas sank following the collapse of US lender Silicon Valley Bank.

“Calm down, calm down, and just have a look at the reality. The reality is that the French banking system is not exposed to the SVB,” Le Maire told reporters in Brussels.

(Hal Turner Personal Opinion:    A lot of people are in denial of how bad it really is. SVB and Signature combined is $40B more than Washington Mutual was that caused the 2008 Great Financial Crisis. And we have 30 more banks in the red huge. This is a fucking bad situation; one I don't think anyone alive has ever faced to this point. 1929 bad.)

Comments   

-1 # Trump: Still The Whore Of The SwampDolph 2023-03-13 21:18
On Tucker Carlson News tonight Trump explained his solution to the Ukraine war when answering a questionnaire sent to congressmen, senators and candidates for next years election.

Trump's response: Hold immediate peace talks between Russia and Ukraine with the United States as the arbitrator, still playing the whore for the insiders. In other words he is going along with the BIG LIE that the U.S. is an innocent bystander in the war and would be the ideal broker to settle the dispute.

Trump is still the whore who did the dirty work promoting the Covid lie and the Vax. He apparently loves rubbing shoulders with the Wall Street scum and the CIA-State Department elites. His father is the devil, as Jesus would say.

Governor DE Santos made all the right answers and Tucker seemed to play along with the Big Lies of the war we , the U.S., started.
# Derivatives Dominos Cascade?BobPhy 2023-03-13 18:13
Note:
In the FED’s announcement … “All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer. SHAREHOLDERS AND CERTIN UNSECURED DEBTHOLDERS WILL NOT BE PROTECTED. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.” …

These actions apparently (apparently?) need to be approved by Congress. (Will they be?)

“certain unsecured debtholders will not be protected.” I think this means Bond Holders. And the question becomes how many times have these SVB bonds been re-hypothecated and re-hypothecated in the derivatives market?
Does this start the gargantuan derivatives unwind pop.
+1 # brandon Has Saved UsForrest Mosby 2023-03-13 17:37
It’s all been solved…he said so
-1 # RE: UPDATED (AGAIN) 11:29 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDpko60 2023-03-13 16:02
Could it be that the world is simply fed up with worthless FIAT money?

Or thought differently:
The destruction of the financial systems is also war - and much more effective than any bombs or missiles!
# RE: UPDATED (AGAIN) 11:29 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDgregctg 2023-03-13 13:55
Stewie knows how to deal with the system.
+9 # We all knewJessiebeaner 2023-03-13 13:03
That since Putin couldn’t be played like a fiddle and manipulated in such a way as to trigger a MAJOR escalation in the war, something else had
To happen to move their one world digital currency into play.
The absolute desperation of NATO/BIDEN/OBAMA has been palpable for many months….and they need to distract attention far away from the DOD CULPABILITY FOR ALL THINGS COVID AND THE DISGUSTING CORRUPTION OF ALL THINGS US GOVERNMENT.

WHAT A SHIT SHOW……THIS WAS SO CLEARLY ORCHESTRATED.
+8 # Another possibilityGruntpa 2023-03-13 13:03
The US Govt. knows it will no longer be able to afford its military. The conclusion will be to use it now or never. That’s the danger.

World War III seems inevitable. The US Govt. would rather destroy the world than accept bankruptcy and punishment from its citizens and the world.
+4 # WEF waiting in the wingsgravedigergary 2023-03-13 13:00
to take over the world. The death camps and guillotines and 15 minute cities and total communazi control imminent. Their new world order, will last only 4 years or so, but YAH'S AND CHRIST'S NEW WORLD ORDER WILL SMASH THEIRS SOON, WHEN THEY RETURN IN AWESOME POWER, TO FINALLY STOP ALL THE EVILS, AND START THEIR TOTALLY GOOD AND JUST RIGHTEOUS NEW WORLD ORDER!!
+1 # Bank = Ponzidaniel_martin 2023-03-13 12:56
Nuclear War is prelim
Nibiru is the event
If you escape ww3 count 7 years find a 4000ft + mountain
1 i know more
2 remember 1
3 peace
enjoy the song
https://www.youtube.com/watch?v=AVnNMstl1UY
# RE: Bank = Ponzi389rivka@gmail.com 2023-03-13 13:09
Thanks for the link…at the 4:40 mark, it appears to have a demonic face….eerie.
+2 # Create more moneyUSNret 2023-03-13 12:36
The Fed Reserve and the Treasury will collude again to 'create' more money out of thin air for the banks to use. The thieves who run the banks and big investment companies will make more money and get huge bonuses. The fat cats never lose. Inflation will keep going up which really only hurts the average guy. They will kick the can for another couple of years.
+12 # ThanksNatalThread5652 2023-03-13 12:33
Thanks Hal for keeping us with up-to-date information.
+6 # Denninger on the whole megilla..dave0975644 2023-03-13 12:30
https://market-ticker.org/akcs-www?blog=Market-Ticker

the above is long and somewhat complex to fully
understand about the mathematics of leverage...

but here is a clip on the executives:



look at the executives:
copypasta:
Never mind the corruption at SVB which the regulators all knew about and ignored. The CEO? A director of the San Francisco Federal Reserve. The CFO? Former analyst at Freddie Mac, one of the two "special" housing finance firms implicated in and which blew up causing 2008's mess. The Chief Admin Officer? Formerly the CFO of Lehman Brothers, and we all know what happened to them and why, right? How about their Chief Legal Officer? He was General Counsel at Citibank in 2008, which infamously nearly blew up as well and would have but for ridiculous bailout money stolen from you.

the Chief Risk Officer was also a lulu, too..
+3 # RE: Denninger on the whole megilla..389rivka@gmail.com 2023-03-13 12:36
Haha…why does the movie phrase “usual suspects “ come to mind ???
# If your dumb enough to hand over yourMighty Mouse Says 2023-03-13 12:29
hard earned monopoly money to a Yid owned bank, consider it a "hard lesson learned"
+1 # Suspect Timingjfwolf24@gmail.com 2023-03-13 12:24
Seems like just another DS generated distraction away from Ukraine?
# RE: UPDATED (AGAIN) 11:29 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTED389rivka@gmail.com 2023-03-13 12:24
So, the fix is in….er, let me rephrase that…So, they fixed it : )
+5 # RE: UPDATED (AGAIN) 11:29 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDEddamnit 2023-03-13 12:20
You must burn down what exists before you can "Build Back Better".
"Trust the plan"
+5 # Predictionunixguru24 2023-03-13 12:18
Before the week is out there will be a major distraction from another area of their attack on humanity. Take your pick - Russia, China, DPRK, Iran, etc.
# How About A Giant TsunamiDolph 2023-03-13 16:00
On Nov 14, 2022 Corria T. had a dream showing a map of the of U.S. with a straight line running from Maine to Florid, relatively close to the Atlantic Coast. She felt the water covering he feet. She knew this "was a warning" and as she woke up she heard an audible voice say, "FOUR MORE MONTHS".

"The whole East Coast from Maine to Florida was just gone! I don't know what caused it, a asteroid or a bomb. All I know was the whole East Coast was gone."

The prophecyclub.com has recorded 20 similar dreams/visions. The most notable from ten years ago received by Ephron Rodriguez. He saw an asteroid hit a few miles off Puerto Rico hitting the New Madrid Fault line that runs up the Mississippi.

America was split in two widening the Mississippi to such an extent it made the U.S. look like two different countries with giant tsunamis, 1-200' high, hitting the East and Gulf Coasts. A huge amount of water ran down the Mississippi and east along the St. Lawrence River.

That would be tomorrow, making TOMORROW a HIGH WATCH DATE.

Regarding the Thanksgiving warning, God can delay His timing as He did with Jonah and Nineveh. Think of how many may have been saved over the past four months. Maybe you were one of them.
+6 # and we all know whoMighty Mouse Says 2023-03-13 12:16
caused the 1929 deliberate crash
+5 # RE: UPDATED (AGAIN) 11:29 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDFewThereBe 2023-03-13 12:04
---

I wonder if America-Babylon and the peEU will issue further Russian sanctions?

Working well so far (against the west).
+3 # DittoMildB 2023-03-13 12:13
~
2 Thessalonians 2:7 For the mystery of iniquity doth already work: only he who now letteth will let, until he be taken out of the way.

Who is He? Remember this is old Elizabethan talk.
# Michael Lettithszutavern@yahoo.com 2023-03-13 13:09
https://www.biblegateway.com/passage/?search=2%20Thessalonians%202&version=KJV
+1 # Nice tryMildB 2023-03-13 15:23
Quoting szutavern@yahoo.com:
https://www.biblegateway.com/passage/?search=2%20Thessalonians%202&version=KJV


He is the Holy Spirit.
+1 # Biden wants $886 billion for defense as Ukraine continues.White Lightning aka Raptor 2023-03-13 12:03
WASHINGTON (Reuters) - President Joe Biden's record peacetime national defense budget request of $886 billion boasts a 5.2% pay raise for troops and the largest research and development budget in history, as Russian aggression in Ukraine spurs demand for more military spending on munitions.

Biden's request earmarks $842 billion for the Pentagon with an additional $44 billion earmarked for defense-related programs at the Federal Bureau of Investigation, Department of Energy and other agencies, bringing the national security budget to $886 billion, up from $858 billion enacted last year.

Amid Russia's invasion of Ukraine and a looming China, Congress has signaled it will increase defense spending over Biden's request during the months-long budget process that this request kicks off.
+1 # Will they sacrifice the children to their god molech or eat them for lunch??Mighty Mouse Says 2023-03-13 12:02
Israeli hedge fund reports "tidal wave" of shekel asset sales https://en.globes.co.il/en/article-israeli-hedge-fund-reports-tidal-wave-of-shekel-asset-sales-1001440905
+3 # Man-Made Perfect StormDolph 2023-03-13 12:01
Read the last book of the Bible. Twenty seven percent of the Bible is prophesy. This is a man-made perfect storm, the fruition of man's rebellious ways. God is allowing man to crash civilization which couldn't be more appropriate.

Israel turned their ear from all their prophets and lost their country. They actually killed Christ and all the prophets, 1Thes.2:15.

Most here mock Bible prophecy and the prophets' warnings. Even this was prophesied, 2Thes. 2:3

"Don’t be carried away and deceived regardless of what they say.

For that day will not come until two things happen: first, there will be a time of great rebellion against God, and then the man of rebellion will come—the son of hell".
# █▓▒░ Looks like Dolph has no creditability ░▒▓█Palehorse 2023-03-13 14:36
|

Dolph said on Oct. 21, 2022 “A FEW SHORT DAYS LEFT!”
But he has “no comment” on his fail.

Dolph also said that the Nov, 2022 Thanksgiving Day dinner has
to be canceled because they were being raptured. More lies
and deceit.

NOW we have...
Dolph the Deceiver said on 03/06/23

Quote:
“THIS IS IT FOLKS!! TO SUM UP: Rapture imminent, giant tsunami on the 14th,
America nuked on the 15th.”

THAT'S Tomorrow! And the clock is ticking
on the next load of Dolph's never ending BS.
+1 # ProphecyBoss 2023-03-13 13:43
Hang in there Dolph. There are pseudo Christians alive and well. Prior to the Tribulation, there will be great rebellion, as seen by the failing state of the USA and Western countries. It only matters where we spend Eternity. God bless you and yours.
+2 # May I ask where you get this from?MildB 2023-03-13 12:21
~
from your post,

"For that day will not come until two things happen: first, there will be a time of great rebellion against God, and then the man of rebellion will come—the son of hell"."
-1 # 2 Thessalonians 2 NLTKevin 2023-03-13 14:06
Quoting MildB:
~
from your post,

"For that day will not come until two things happen: first, there will be a time of great rebellion against God, and then the man of rebellion will come—the son of hell"."


As requested.
+2 # Your almost there.MildB 2023-03-13 12:17
~
You posted,

"Israel turned their ear from all their prophets and lost their country. They actually killed Christ and all the prophets, 1Thes.2:15."

No THEY DEMANDED HIM TO BE CRUCIFIED!

Matthew 27:22 Pilate saith unto them, What shall I do then with Jesus which is called Christ? They all say unto him, Let him be crucified.

Whom they personally Killed was in Acts 7:59 And they stoned Stephen,

source BIBLE KJV
-1 # The Pharisees got PilateBoss 2023-03-13 13:39
to do the dirty work. They did murder Jesus the Christ.
+1 # PiffMildB 2023-03-13 15:07
~
Next you will be telling the baseball fans that we need to ban the cross because it also did some killing that day?

The crowd may have had murder in their heart but the Bible is very CLEAR that it was the Authority of Rome that CRUCIFIED CHRIST!

And that He Tasted of Death voluntarily.

Hebrews 2:9 But we see Jesus, who was made a little lower than the angels for the suffering of death, crowned with glory and honour; that he by the grace of God should taste death for every man.

Please stop your silliness.
# And.....Boss 2023-03-13 13:48
because Jesus the Christ, the Lord of Lords, the King of Kings, the only Begotten Son of the Father, and the Holy Word.......took upon Himself the Sins of all Mankind....we, too, have crucified the Lord. God bless you and yours. Prayers.
+1 # Hum?MildB 2023-03-13 15:14
Quoting Boss:
because Jesus the Christ, the Lord of Lords, the King of Kings, the only Begotten Son of the Father, and the Holy Word.......took upon Himself the Sins of all Mankind....we, too, have crucified the Lord. God bless you and yours. Prayers.


Im glad you said , Have.

Hebrews 6:6 If they shall fall away, to renew them again unto repentance; seeing they crucify to themselves the Son of God afresh, and put him to an open shame.

But this is just not Biblical.

"the only Begotten Son of the Father, and the Holy Word"

Sorry but the Word did not begat himself. Your add on is most silly.

John 1
1 In the beginning was the Word, and the Word was with God, and the Word was God.
2 The same was in the beginning with God.

John 1:14 And the Word was made flesh, and dwelt among us, (and we beheld his glory, the glory as of the only begotten of the Father,) full of grace and truth.

Psalms 40:7 Then said I, Lo, I come: in the volume of the book it is written of me,
Hebrews 10:7 Then said I, Lo, I come (in the volume of the book it is written of me,) to do thy will, O God.
+3 # When you build your house on sandChappyusa1 2023-03-13 12:00
Sand being Central banks, and greed of morons, this is what you get.

I say, let it fail and let it burn!
+9 # RE: UPDATED (AGAIN) 11:29 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDRaven1 2023-03-13 11:58
Hal, keep those updates coming. God bless you.
+3 # God bless you, Hal!Kdasl 2023-03-13 11:58
thanks so much!
# How did you forget to reset your Clock?Dogsncars 2023-03-13 11:57
it looks like you forgot to reset your Clock it was 1030 not 1130
# Driving and talk to text don’t workDogsncars 2023-03-13 12:10
It was supposed to be Hal not how
+2 # RE: UPDATED (AGAIN) 11:29 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDLambs Servant 2023-03-13 11:55
Thank you Hal.
+1 # THE YIDS R SHITTING SHEKELS NOWMighty Mouse Says 2023-03-13 11:54
The Israeli hedge fund advisor forecasts the collapse of the shekel, and 30% annual inflation, if the judicial overhaul goes ahead.
https://en.globes.co.il/en/article-avi-tiomkin-israel-will-be-like-turkey-1001439734
+4 # Desperate times call for desperate measureswinreader 2023-03-13 11:53
Thank you, Hal for the updates. Now we see why they want WW3 to get out of this jam.
+9 # RE: UPDATED (AGAIN) 11:29 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDFewThereBe 2023-03-13 11:49
---


GREAT JOB HAL TURNER WITH UPDATES!

Thank you!
# Suck asssMildB 2023-03-13 12:19
~
Lol....Just kidding.
# French Dipunixguru24 2023-03-13 11:44
This guy is the original version of the French Dip - that is exactly the WRONG thing to say on a day like today.
+5 # The government will inflate or die.White Lightning aka Raptor 2023-03-13 11:43
The whole system is rotten to the core. The whole system is over-levered. The whole system is fraudulent. The entire system is a Ponzi scheme . . . . The government of the reserve currency of the world has to borrow a trillion dollars a year to stay solvent. That’s ridiculous.”

Printing One Dollar per second it would take almost 12 days to print One Million Dollars, 31.7 years to print One Billion Dollars, and 31,709.8 years to print One Trillion Dollars.

1 $55,387,209,000,000 JPMorgan Chase Bank
2 $51,794,949,000,000 Goldman Sachs Bank USA
3 $46,562,329,000,000 Citibank
4 $22,087,831,000,000 Bank of America
5 $12,191,517,000,000 Wells Fargo Bank

Not Enough Resources on the planet to fulfill all of the Promises of these Trillions. You are Being Conned.
+2 # RE: The government will inflate or die.Gunner 2023-03-13 12:22
We have virtually all been conned since the damn day we were born in fact! And America is nothing but a huge SCAM and LIE. Until I was finally awakened, I used to think the U.S. was the "good guy" haha what a flipping joke my friends.
+2 # Bible AgreesDolph 2023-03-13 12:07
"The whole world is corrupt, the whole world is deceived, Satan is the prince of this world and man has a fallen nature."
-1 # RE: Bible AgreesEddamnit 2023-03-13 12:23
Funny.
# █▓▒░ Looks like Ed-damn-it has no creditability ░▒▓█Palehorse 2023-03-13 14:39
|

As you are the servant of sin and unrighteousness.

O wretched man (Eddamnit) that I am! Who will deliver me
from this body of death? I thank God—through
Jesus Christ our Lord!

So then, with the mind I myself serve the law of
God, but with the flesh the law of sin.

Romans 7:24-25
+4 # The Sum of All FearsGruntpa 2023-03-13 11:38
When You Put Money in the Bank annnddd It's Gone - SOUTH PARK

https://www.youtube.com/watch?v=Y3AM00DH0Zo
+6 # District of Criminals,oldschool 2023-03-13 11:36
Everyone should know by now not to believe anything coming out of DC. They probably don't want a panic just yet, although sooner or later it will happen.
+1 # RE: District of Criminals,Eddamnit 2023-03-13 12:24
You have got to know that the end game is one central bank controlled by the government.
+1 # IT WILL HAPPENMildB 2023-03-13 11:44
~
SUDDENLY!
(In my opinion based on Biblical truth)

Note: just some of why I think this,

Psalms 64:4 That they may shoot in secret at the perfect: suddenly do they shoot at him, and fear not.
Psalms 64:7 But God shall shoot at them with an arrow; suddenly shall they be wounded.

(this a paradox I am still asking in prayer about for my bloods sake.)

Proverbs 6:15 Therefore shall his calamity come suddenly; suddenly shall he be broken without remedy.

Proverbs 24:22 For their calamity shall rise suddenly; and who knoweth the ruin of them both?

Proverbs 29:1 He, that being often reproved hardeneth his neck, shall suddenly be destroyed, and that without remedy.

That is all.
+3 # RE: District of Criminals,d_7 2023-03-13 11:39
Slave revolt is not a good thing for master.
+1 # Sand and plastic Valley Bank fallout starts to spread around the world? Hum?MildB 2023-03-13 11:35
~
The fallout from the collapse of Sand Stuffed Wafflers Valley Bank is beginning to spread around the world.

This is just the beginning. SVB had branches in China, Denmark, Germany, India, Israel and Sweden, too.

Startup founders in California’s Bay Area, the left arm pit of America, are panicking about access to money and paying employees. Fears of contagion have reached Canada, where the bank’s loan book has doubled in the past year. SVB’s unit in the UK is set to be declared insolvent, has already ceased trading and is no longer taking new customers. On Saturday, the leaders of roughly 180 tech companies sent a letter calling on UK Chancellor Jeremy Hunt to intervene.

“The loss of deposits has the potential to cripple the sector and set the ecosystem back 20 years,” they said in the letter seen by Bloomberg. “Many businesses will be sent into involuntary liquidation overnight.”

source

Note: Matthew 7:26 And every one that heareth these sayings of mine, and doeth them not, shall be likened unto a foolish man, which built his house upon the sand:

Sign: Christ Jesus
# Um....Danel Riqar 2023-03-13 11:31
It's time......
+3 # HOLD ON TO YOUR HATS AND ASSETSWilliam 2023-03-13 11:28
Grab that cash and make a stash,
+1 # RE: HOLD ON TO YOUR HATS AND ASSETSoldschool 2023-03-13 11:45
It may become more like, "Hold on to your Hat & Ass."
# RE: UPDATED (AGAIN) 10:34 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDMSNews 2023-03-13 11:25
My goal today is 100 banks OUT OF BUSINESSS

hahahahahahahahahahahahahahahahahahaha

You just gotta laugh at the morons in dc.

First Hawaiian Bank a drug money bank?

Hahahahahahahahahahahahahaha
# RE: UPDATED (AGAIN) 10:34 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDEddamnit 2023-03-13 12:28
FHB is owned by BNP Paribas, a French bank.
+4 # Latest Bank To Collapse Is Same One That Closed Trump’s Accounts After Jan 6thMildB 2023-03-13 11:19
~
A third U.S. bank has failed in the space of a week, and this time its the same one that closed President Trump’s accounts two years ago, reasoning that it would not do business with Trump after January 6th.

Signature bank in New York was shut down by US regulators on Sunday, according to a joint statement from the Federal Reserve, US Treasury and the Federal Deposit Insurance Corporation (FDIC), noting that the lender “was closed by its state chartering authority.”

https://www.infowars.com/posts/latest-bank-to-collapse-is-same-one-that-closed-trumps-accounts-after-jan-6th/

Note:Hebrews 10:30 For we know him that hath said, Vengeance belongeth unto me, I will recompense, saith the Lord. And again, The Lord shall judge his people.

31 It is a fearful thing to fall into the hands of the living God.

32 But call to remembrance the former days, in which, after ye were illuminated, ye endured a great fight of afflictions;
33 Partly, whilst ye were made a gazingstock both by reproaches and afflictions; and partly, whilst ye became companions of them that were so used.
+4 # Walkin' away with their middle finger raised at the American peopleLoki 2023-03-13 11:16
The Bai'den regime puppets will walk away laughing and saying "mission accomplished." This was their goal. Don't let 'em walk away unscathed.
+2 # Biden's communist party..Lexie 2023-03-13 11:12
..are looking to censor information regards banks failing. SVB funded Chinese tech companies. Biden's demonrat communist party very quick to rescue SVB? Gateway Pundit.
# Stock marketchip 2023-03-13 11:11
The carnival is open for business as usual.
The market has been up and down all over
the place. The Fed is panic stricken to see
a down market.
# Think this is bad?!!Gregg W 2023-03-13 11:10
Yesterday I bought Girl Scout cookies from some cute little kiddies. They cost $6.00 a box!

I still bought some. It’s not the kid’s fault prices are so high. Gotta support the organization for now. I think it is still okay.
+4 # RE: Think this is bad?!!JFY 2023-03-13 11:40
.
I don't know why you got those downvotes; what you did seems laudable to me. There's a lot of nasty trolls on this comment section now...

Good thing that those of us who have been on here a long time don't really care much about the voting.
+5 # Cookiesunixguru24 2023-03-13 11:18
I usually just make a $10 donation. They get so little per box now it's a joke. The cookies are good, but I'm round enough lol
+2 # As long as they were infact girlsjddonahey1990 2023-03-13 11:17
I would buy some as well.
+3 # Government says " It's safe"tamtamtx55 2023-03-13 11:02
There is a saying: If anyone says I'm here from your government I'm here to help! RUN RUN RUN. Now I think it's safe to say when ever our government says it's "Safe" RUN RUN RUN LIKE HELL THE OPPOSITE DIRECTION.
+1 # Live NasDaq Trading Halts SitePopeyeTheSailor 2023-03-13 11:02
I've been monitoring all of the NasDaq halts and resumptions on this site. The site updates with the most recent halts at the top and the time they are supposed to resume. Problem is they halt and restart all the time. IDK if this normal as I'm NOT a market watcher and claim ignorance as to market dealings. All I know is you can watch em stop and start which is Aby Normal to me!

https://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts
+2 # Fedjddonahey1990 2023-03-13 10:59
Is trying really hard to control everything as to keep them afloat. manipulating everything is only can cause more problems IMO.
+5 # Biden.. LOLunixguru24 2023-03-13 10:58
Yeah, like anyone is going to listen to that buffoon. He barely knows where he is. IMHO this is all intentional destruction. Maybe they should get Harris out there to babble too - then everything can tumble.
+11 # RE: UPDATED (AGAIN) 10:34 AM EST -- Bank Stocks Free-Falling -MULTIPLE TRADING HALTEDFewThereBe 2023-03-13 10:50
---

Thanks Xo Xiden.

Nothing says RUN TO THE BANK! like OBiden saying "the banks are safe."

Remember it was also OBiden who said the clot shots were safe.


BeSureYouAreSaved.com

The time is later-than-late to ENTER IN at the strait (difficult) gate.
+1 # Real Estate Market will tumbleMSNews 2023-03-13 10:43
This will contagion very quickly to the overpriced real estate market very soon.

Everyone will become homeless, or maybe just squatters!

Well, no more real estate taxes for the bloated governments.

HAHAHAHA

I think the party has just begun.

HAHAHAHA

BRICS+ nations will prosper like never before.
They respect and honor their natural resources given to them by God.

HAHAHAHA

Mexico will become rich and the us will remain poor.

HAHAHAHA

I gotta fire up the old toyota and move south to Mexico
+4 # HAHAHA!Chappyusa1 2023-03-13 10:50
Fuck them. Let crash! US government is shit and the shows you it sold its soul a long time ago. In fact, I say the death of JFK

All leaders since then are traitors and deserve a traitors death.
+2 # Not sureellis 2023-03-13 10:50
I’m not so sure that the real estate market is in the same place. Very few younger people have been able to get into housing market. What is left is a majority of older owners who bought in low on fixed rates. Older being over 40.
+4 # hahaha Good!Chappyusa1 2023-03-13 10:28
well we all knew this would happen, so oh well.
+1 # Correct,oldschool 2023-03-13 10:57
A few of us knew this was coming, but the question remains, what is the survival plan.
# daily news = watching ping-pong, close up...Dudimus Maximus 2023-03-13 10:21
try a macro view- "ya see it now?": https://www.youtube.com/watch?v=hIMR_vPPh00 - you watch this and it will 1)challenge you and 2)provide a perspective "template" - an "aha!" moment


[[from https://www.omegadynamics.org/so/ebOQetZwT?languageTag=en&cid=56764100-c504-4dbf-86d4-32c10631c29a®ion=c9bde1b0-13ee-4c95-523c-eea2f5289272 ]]
+5 # It's safe... trust them.Tcatt 2023-03-13 10:18
Biden says their banking fix is safe and effective much like they told everyone that the coof shots were safe and effective.
Wash, rinse, repeat. Be prepared.
+3 # Moment of TruthStefanjunior 2023-03-13 10:12
Well many of us knew this is coming so let's not act surprised. Now it's more of a hope my preparations are adequate for six months or so of survival once the music stops. Honestly now, after about six months after the food deliveries stop, there will be a lot less of us around for many different reasons. We still have time, food is on store shelves, fuel is still available. My additional solar panels for my sailboat should be here tomorrow. Being on water will eliminate 99+ percent of the sleeping masses from reaching me, and the ample "fresh food supply" swimming around me should go a long way with a few other supplies on board. Good luck everyone and remember you still have little bit of time to prepare.
# On the water ;oldschool 2023-03-13 11:11
Let us all know how you fair after the first hurricane. You may become the "fresh food supply" after your sailboat capsizes. Sharks have to eat too you know.
+1 # RE: Moment of TruthMSNews 2023-03-13 10:32
Quoting Stefanjunior:
Well many of us knew this is coming so let's not act surprised. Now it's more of a hope my preparations are adequate for six months or so of survival once the music stops. Honestly now, after about six months after the food deliveries stop, there will be a lot less of us around for many different reasons. We still have time, food is on store shelves, fuel is still available. My additional solar panels for my sailboat should be here tomorrow. Being on water will eliminate 99+ percent of the sleeping masses from reaching me, and the ample "fresh food supply" swimming around me should go a long way with a few other supplies on board. Good luck everyone and remember you still have little bit of time to prepare.


Thanks, and good luck with the pirates, typhoones, hurricanes, big waves in general, also dont hit any boulders. Good luck, be safe.
+1 # LOLStefanjunior 2023-03-13 11:37
Tornados, fires, mindless mobs, earthquakes, more mindless mobs, failed water and sewer systems, etc. And the list goes on. All areas will have potential dangers. Food and safety from armed to the teeth sleeping masses is my concern and being moble is another.
+1 # Water Questionmarie2me 2023-03-13 10:21
Do you have a portable desalinator on board also? How long will the desalinator work, if it's a reverse osmosis version?
+1 # RE: Water QuestionStefanjunior 2023-03-13 11:29
Yes I do, the extra filters should give two years plus.
# Sailboat = Good ideaChappyusa1 2023-03-13 10:19
Not bad idea.
# But Markets Up??Boris93 2023-03-13 10:09
Watching this as the DOW has swung up 500 points from the pre-market, and the three indices are well in the green. What the heck?
+2 # Not financial advice, but historicallyRaven1 2023-03-13 10:32
The stock market can go up, due to the rapidly increase of money supply that has and is currently being created to try and give the illusion that the market is strong. Same thing happened in Germany during hyperinflation.

Evaluate the purchasing power of the dollar and what it can buy compared to price. If stocks go up by so does housing, fuel and food; the money is purchasing less and less. That's a problem, thereby showing why the big money is pulling cash and converting to real things besides losing a higher and higher percentage in the banks barely meeting a return that is way below the rise of inflation on everyday goods and services.
+6 # Settle down!PowerPatriot 2023-03-13 10:08
Biden just said “ the banking system is safe”.
We will be alright! LMFAO, come on MAN!
+1 # Its not a joke, Jack!jddonahey1990 2023-03-13 11:05
*Dazed and very confused*
"Wheres Hunter?!?! I need a pick me up!"
+2 # Biden is a fuck up!Chappyusa1 2023-03-13 10:23
What else can he say.

I know Biden, he would say = "We are all fucked. Get your money out of the banks ASAP!!! do it now before I fuck up some more and crash everything"

Then he would say "Before I fuck up everything, let me suck on China's dick some more and get few more billions for my family before I fuck the world"
+3 # It's all been planned...WilliamtheResolute 2023-03-13 10:03
Is the plan on schedule or did they lose control...in the end the banks were supposed to survive not you.
+2 # Putin and China just launched the GREAT RESET on the west with this move | Redacted NewsGruntpa 2023-03-13 10:03
+1 # Morning MarketsScottd 2023-03-13 10:03
Looks as though the PPT is working overtime this morning...
+5 # RE: UPDATED 9:12 AM EST -- Bank Stocks Free-Falling - Credit Suisse, TRADING HALTEDMSNews 2023-03-13 09:56
LMFAO
And we keep sending money to ukrap!

HAHAHAHA

Playin with the devil gets you burned!

HAHAHAHA

Burn baby burn!

HAHAHAHA
+3 # hook nose calling slant eyes over: SHUT IT DOWN, THE GOYIM KNOWNMighty Mouse Says 2023-03-13 09:42
OUTRAGEOUS: Silicon Valley Bank Provided Massive Amounts of Capital to Chinese Tech Ventures – Now Biden FDIC and Federal Reverse Are Bailing It Out – Clearly Biden Is Working for China https://www.thegatewaypundit.com/2023/03/outrageous-silicon-valley-bank-provided-massive-amounts-of-capital-to-chinese-tech-ventures-biden-fdic-and-federal-reverse-are-bailing-it-out-clearly-biden-is-working-for-china/
+2 # If you canMildB 2023-03-13 09:51
~
Get out of the cities now. When the last vestiges of restraint are lifted the looting and murder will happen suddenly.

It reminds me of The Omega Man.

The Omega Man (stylized as The Ωmega Man) is a 1971 American post-apocalyptic action film directed by Boris Sagal and starring Charlton Heston as a survivor of a pandemic.

It was written by John William Corrington and Joyce Corrington, based on the 1954 novel
I Am Legend by Richard Matheson. The film's producer, Walter Seltzer, went on to work with Heston again in the dystopian science-fiction film Soylent Green in 1973.
+4 # WOKE AND BROKE: While Silicon Valley Bank Collapsed, Top Exec Pushed ‘Woke’ Programs!MildB 2023-03-13 09:31
~
The head of risk management at Silicon Valley Bank spent considerable time spearheading multiple “woke” LGBTQ+ programs, including a “safe space” for coming out stories, as the firm catapulted toward collapse.

Jay Ersapah, the boss of Financial Risk Management at SVB’s UK branch, launched initiatives such as the company’s first month-long Pride campaign and a new blog emphasizing mental health awareness for LGBTQ+ youth.

“The phrase ‘you can’t be what you can’t see’ resonates with me,’” Ersapah was quoted as saying on the company website.

"Their" green was for the fake G-warming and NOT FOR THE STOCK HOLDERS!

https://nypost.com/2023/03/11/silicon-valley-bank-pushed-woke-programs-ahead-of-collapse/

And watch Michigan implode as GH2 (GrandHomie 2) has done well to help this along. Boblo Boat get's $ to retro fit the boats engines with electric ones?
+2 # Biden Regime to Fund ‘Transgender’ Treatments for Veterans, all 3 of them?MildB 2023-03-13 09:36
~
Another WHAT THE HELL !

The Biden regime is indefatigably committed to the baseless and dangerous – indeed, life-destroying – delusion that women can become men and men can become champion female swimmers and International Women of Courage, and so when its budget proposal for 2024 included taxpayer money for genital mutilation surgeries and hormones for veterans, the regime was just being consistent.

This budget item, however, makes it abundantly clear that “tolerance” is not on the agenda, either for the regime or for the LGBTQ industry. Authoritarians to the core, both are after total compliance: we not only have to believe in their insane fantasies, we also have to pay for them.

source
+4 # Trust in the system is gone!Dwfrederik 2023-03-13 09:31
Nobody trusts the system anymore. Nobody trusts the government or what they say. Financial system broke in 2008 and it took 15 years for the general public to finally figure that out. The FED is reversing policy and saying everyone will be covered. Ha Ha Ha, if you believe that then I've got something to sell you.
+1 # RE: UPDATED 9:12 AM EST -- Bank Stocks Free-Falling - Credit Suisse, TRADING HALTEDScipius 2023-03-13 09:25
It’s funny, but I noticed on the Wall Street Journal today the headline “Investors Rush to the Safety of Bonds After Regulators Unveil Bank Support”. Wasn’t it about a week ago that the treasury department or the fed tried to sell bonds and there wasn’t a single bid. Not even one. Now there is a rush for them. The Rabbis say that coincidence is not a kosher word, so this must all be a coincidence.
+3 # Not a coincidence but enemy action.Gruntpa 2023-03-13 09:51
To shut the Fed down one needs to find out where the Pixie Dust and Unicorn Farts are being manufactured to run the Treasuries printing presses that is making Fiat Currency. Once that is located, One can send in the Ukraine Yacht Club, since they did such a banged up job on the Nordstream Pipeline, to destroy the facility. I am sure it will win an Oscar for best foreign film category.
+1 # █▓▒░ Save The Dollar or Financial System, Not Both – Bill Holter ░▒▓█Palehorse 2023-03-13 09:23
|

Precious metals expert and financial writer Bill Holter said last
summer that the Fed rate increases would tank the economy.

The collapse of SVB (Silicon Valley Bank) is the latest sign the
Fed is breaking the financial system. Will it continue to raise
interest rates as Fed Head Jay Powell said this past week? 

Holter says that is the biggest question out there because it
comes down to picking what you want to save.  It’s the U.S.
dollar or the financial system.  Holter explains, “They can save
one thing or the other.  They can save the financial system, or
they can save the dollar.


https://usawatchdog.com/save-dollar-or-financial-system-not-both-bill-holter/
# OT-Breaking news or better said, Biden breaking America…Listen with audio, chaos. Imagine if you and your family lived there. The media will never broadcast these images. They are government slaves – enemy of the people.MildB 2023-03-13 09:19
~
What the HELL!
Smash and Grab is ON!

https://gellerreport.com/2023/03/watch-thousands-of-migrants-storm-border-in-el-paso-texas.html/?lctg=78423089
-1 # RNC, Vermont GOP Sue City For Letting Noncitizens Vote On Spending State Funds.MildB 2023-03-13 09:43
~
By: Victoria Marshall, The Federalist, March 10, 2023:

On Thursday, the Republican National Committee and the Vermont Republican Party announced they are suing the city of Winooski, Vermont for allowing noncitizens to vote in school board elections and on education budget referendums. Two concerned Winooski residents are also a part of the lawsuit.

https://thefederalist.com/2023/03/10/rnc-vermont-gop-sue-city-of-winooski-for-letting-noncitizens-vote-on-spending-state-funds/
# Biden fixes everything... but good...dave0975644 2023-03-13 09:17
https://www.zerohedge.com/markets/watch-live-president-biden-explains-resilience-us-banking-system
+7 # █▓▒░ There is still some stability in the system... ░▒▓█Palehorse 2023-03-13 09:06
|

The Pfizer booster is still available.
Rest assured, rest in peace.
+2 # Fake newsSpetsnaz7 2023-03-13 09:05
Ok so let me get this straight.
1. They raise rates and this hurts the banks based on the bonds they bought to allow the US to PRINT MORE MONEY!
2. Now they (the FED) are thinking of reversing policy to save the banks and what will that do to the dollar and inflation for us slaves?
3. What ever happened to winners and losers ? Let them fail, no second place, separate the men from the boys and allow failures period!
+2 # The 2yr Treasury notePavel888 2023-03-13 09:04
The 2 year Treasury note has had the yield(cost) to the government has fallen to just over 4% from 5%. And seeing that banks can trade their treasuries at the Fed for cash at the price they paid for them not the current value means the goalposts have been moved again. It's a big club and we ain't in it.
+2 # No Worries…Oy Vey!skyward21 2023-03-13 08:59
The Fed set a new rule…they will backstop EVERY depositor’s funds. I figure if they will do that for their SVB cronies, then they should apply that same measure for the rest of us when the other banks go bust…or is that not how it goes for us peasants?
+8 # TheftSpetsnaz7 2023-03-13 08:44
If there are any “bailouts” or “bail-ins” it is pure theft and once again puts us slaves on the hook for the bankers! Jesus was clear what did he do with the money changers (bankers)?
+2 # RE: Bank Stocks Free-Falling - Credit Suisse, TRADING HALTEDgreenghost1964 2023-03-13 08:44
Well with this current dog and pony show. When have the Gov't told the people the truth? We now know it's not just one bank, but the whole system. Next few days will tell the tale. But they need a disaster to bring in the digital dollar. And if the timing for it is this summer (?), then they're right on track currently with failure. Time will tell......
+7 # Bang!Longrider53 2023-03-13 08:43
Tether yourself to something good folks.. looks to be we’re in for a Black Swan
+1 # Smoke and mirrors.Gruntpa 2023-03-13 08:43
So there is a good chance they will kick the can down the road a bit by printing and bailing out these banks, even though they are saying it's not a bailout. The time to implode the economy is just up a head but there is still a chance that this is the right time for them to pull it. We will see. I say it's going to be all smiles and optimism tomorrow but we did get a glimpse into what is just over the hill which will soon be upon you.

 

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