Bank Stocks Got Wacked: Between a Rock and a Hard Place as Banks Run Out Free Money by Wolf Richter • Mar 9, 2023 • 187 Comments Oh dearie, those bonds.
SVB Financial/Silicon Valley Bank Shares Collapse 55% Today, 84% from Consensual Hallucination Peak, as it Shores Up Balance Sheet & Liquidity to Face the Future by Wolf Richter • Mar 9, 2023 • 255 Comments SVB is massively involved in all segments of the startup scene that is now facing a mass extinction event.
Crypto Bank Silvergate to Shut Down and Liquidate, after FDIC Examiners Show up. Shares Collapse Entirely by Wolf Richter • Mar 8, 2023 • 160 Comments In 16 months from $239 at peak crypto consensual hallucination to $2.76, including the 44% plunge afterhours.
Crypto Bank Silvergate Issues “Going Concern” Warning, Says Q4 Financials with $1 Billion Loss Were Fake, Loss Was Even Bigger, Frets about “Regulatory Capital Ratios” by Wolf Richter • Mar 1, 2023 • 67 Comments It just keeps getting funnier with this crypto stuff. Shares crush dip buyers after hours.
Crypto-Bank Silvergate Details its Own Implosion, Much of its Equity Capital Wiped Out. I’m Waiting for the FDIC to Show Up by Wolf Richter • Jan 5, 2023 • 90 Comments Wait a minute… It still “believes in” crypto? Is crypto now a religion that a bank “believes in?” FDIC, are you reading this?
Fed, FDIC, & OCC Warn Banks about Contagion from Cryptos, with Laundry List of Sordid Stuff Inherent in the Crypto Scene by Wolf Richter • Jan 3, 2023 • 159 Comments Only a couple of smaller banks have significant exposure to cryptos, and their shares have collapsed.
Where’s the Contagion from the Crypto Implosion? by Wolf Richter • Nov 16, 2022 • 109 Comments As the FTX collapse shows, the shenanigans guarantee smooth and efficient contagion inside the crypto zone. But beyond it?
The Startup and Venture-Capital Barometer Plunges: Silicon Valley Bank Today v. Dotcom Bust by Wolf Richter • Jul 22, 2022 • 116 Comments The startup and VC bubble is tied to a booming stock market, but stocks are unraveling, and that strangles the money flow.
Who Bought the Incredibly Spiking US Government Debt, Now $30.4 Trillion in Treasury Securities? by Wolf Richter • May 19, 2022 • 138 Comments A red-hot question in our iffy times.
Russia in Financial Crisis (Again), Ruble Collapses (Again), Central Bank Does Mother of All Rate Hikes (Again), US Stocks Shrug (Again) by Wolf Richter • Feb 28, 2022 • 232 Comments A financial crisis in Russia just doesn’t have the same effect on the US as a financial crisis brewed up in the US has.
