Signature Bank of New York has just collapsed 👀

Signature Bank was a New York state-chartered commercial bank and is FDIC-insured, with total assets of approximately $110.36 billion.

https://www.dfs.ny.gov/reports_and_publications/press_releases/pr20230312

Hilarious. 👇🏻👇🏻👇🏻

JUST IN: 🇺🇸 US Treasury Secretary rules out a bailout for Silicon Valley Bank $SIVB.

@WatcherGuru

Monday is Looking Spicy!

Buckle up!  Weather will bring new meaning to March Madness. 

Simultaneous Coast to Coast Storms Tuesday!  A So'wester and Nor'easter.

@police_frequency

Signature Bank was a subsidiary of Bank Hapoalim of Israel, which provided over $60 million in initial capital.

On 30 April 2020, Bank Hapoalim was found to be complicit in tax evasion and money laundering relating to FIFA and bidding for the World Cup.

I SENSE SOME DISMANTLING OF THE OLD GUARD HAPPENING

Uh oh.

Actually, the public at large probably thinks that’s a good thing. 😂

Silvergate bank has also collapsed. Silvergate was a major investor for many crypto firms and their collapse has started a sharp decline in crypto markets as investors are spooked.

Splash Three.

The comments and replies are worth a look.

https://twitter.com/repthomasmassie/status/1635074378454147074?s=46&t=Xv88mZMGVVKm1mUAfLlDxA