MSN: 20 banks that are sitting on huge potential securities...

[sprinkleeninow]

I can't provide an unidentifying link. Sorry. Perhaps one can be found. It was actually sourced at MarketWatch.

https://www.msn.com/en-us/money/savingandinvesting/20-banks-that-are-sitting-on-huge-potential-securities

[progree]

1. Here's a link (no paywall)

https://www.msn.com/en-us/money/savingandinvesting/20-banks-that-are-sitting-on-huge-potential-securities-losses-as-was-svb/ar-AA18tAxj

Opinion by Philip van Doorn, MarketWatch (MSN is just the news/opinions aggregator of many sources)

Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.

Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities — an item that played an important role in SVB’s crisis.

First, a quick look at SVB

(snip)

[OnlinePoker]

3. Don't worry, they'll be bailed out by the government like in '08

Nobody will be held accountable.

This final sequence from The Big Short depresses me so much:

[sprinkleeninow]

5. Appreciated.

[progree]

6. YW 😊

[MOMFUDSKI]

2. I am expecting this

to become a total shit show SOON. Already heard the word "Bailouts". Zoe Lofgren explained that the payroll checks will not be cut. Explanation of bailouts will be to help 'the people'. This stinks to high heaven. Hope I am wrong.

[Midnight Writer]

4. Just a reminder that Republicans stand as a block against any banking reform

and even hate Federal Deposit Insurance.