Republic First Bank collapsed & seized by regulators. Banking Crisis 2.0? Is it

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Apr 26, 2024
8:11:11pm

bluebrotha All-American

Republic First Bank collapsed & seized by regulators. Banking Crisis 2.0? Is it

A really time to be giving 100 Billion Dollars to foreign governments?

Not an accident this story released late Friday at end of work week.

https://amp.cnn.com/cnn/2024/04/26/business/regulators-seize-republic-first-bancorp

This message has been modified

Originally posted on Apr 26, 2024 at 8:11:11pm

Message modified by bluebrotha on Apr 26, 2024 at 8:11:55pm

Message modified by bluebrotha on Apr 26, 2024 at 8:12:52pm

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bluebrotha

Bio page: bluebrotha
Joined: Oct 22, 2009
Last login: May 7, 2024
Total posts: 5,122 (30 FO)

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Messages

Author

Time

Republic First Bank collapsed & seized by regulators. Banking Crisis 2.0? Is it

bluebrotha

Apr 26, 8:11pm

Four or five banks close each year

CSoul

Apr 26, 8:12pm

The average is actually 25. And April is one of the biggest months for bank

carlstud

Apr 26, 8:18pm

I was going off the AP that said in a strong economy it's 4-5. Since 2000 includes 2008 financial crisis

CSoul

Apr 26, 8:19pm

Don't banks usually fail on Fridays?

downtownchrisbrown

Apr 26, 8:15pm

Yes because it gives regulators the weekend to come in and take control

Apr 27, 9:27am

This round is a pittance compared to last year

mobicurious

Apr 26, 8:26pm

I made a small investment in April 2023 thinking it had taken a hit as collateral damage when the other 1st Rep. failed.

Apr 26, 8:35pm

More like a dot.om bubble. There will be more failures, but there are some really good and healthy banks out there doing

zonacougar

Apr 26, 8:46pm

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