Moody’s downgrades Signature Bank to junk, places six US banks under review

BEAUTIFUL chaos..... they claim to be 'experts' and want to fix other countries even though they can't fix their own....

SEC, the watchdog American financial system seems to require overhaul. There an era when FDIC agents used to visit the banks and audit the books and count the cash in the safe. In this Digital Systems these two Authorities have turned in to Metropolitan Police Departments. Rush after Robbery is committed.Berney Madok $150 B Ponzy, Lehman went unmonitored and vanished, WF made fortune fake credit cards and ghost customer lists and forced insurance on home mortgages ,FTX 30 year old boy ruined $ Tr Bitcoin Industry . Now Regional banks are found without Cash. Adani's recent huge debt uproar and money laundering and US investors' exposure to that Scam of $ 120b wipe out.. Old saying in Capitalism : A few make billions and a thousand lose that billions

IT IS A ONE OFF CASE ! IT IS CRYPTO BANK WITH INSTITUTIONAL INVESTORS IN DEPOSITS WITH SVB COLLPASE AND CRYPTO COLLAPSE THE INVESTORS ARE EXITING AND SIGNATURE BANK IS HIT BY US FED RATE HIKES AND YTM LOSSES ON BONDS. THIS IS A NORMAL SIDE EFFECT OF FED RATES HIKES - WHICH CAUSE YTM LOSSES WHICH COMPOUND WHEN BANKS SELL DEBT SECUITIES,TO MEET INVESTOR REDEMPTIONS ! SO IT IS A PLANNED ASSET LIABILITY MISMATCH BY SIGNATURE BANK ! THEY KNEW THAT RATES WILL BE UPPED BY US FED - BUT THE PACE OF INVESTOR REDEMPTIONS SWAMPED THEM ! FDIC INSURANCE IS OF NO USE,TO COPORATE INVESTORS,AS THE CAP IS LOW ! BUT THERE IS NO CONTANGION HERE ! IN ANY CASE,,US INFLATION HAS DIPPED ! THIS IS NO SUBPRIME ! ASSET LIABILITY MISMATCH IS A BUSINESS MODEL,WHICH BLOWS UP WHEN PACE OF REDEMPTIONS CAUSES BANKS, TO SELL SECURITIES, AT LOSSES ! THAT IS Y FDIC HAS STEPPED IN,TO SMOOTHEN OUT,THE CASH FLOWS ! THE BACK STOP OF FDIC,WILL BY ITSELF,SMOOTHEN THE CASH REDEMPTIONS ! SAMIR SARDANA