Yeppp another bailout today, as you can see banks can fu,*k up all they want and still get billions and bailouts. ....what a beautiful world we live in. Imagine being a bank and taking risk knowing it doesn't matter at the end....
Just a billion bucks and I'm sure they will make goobers of profits off this bailout like jp .organ did with first republic in 2023.
Word is commercial real estate is next....the banks all tied to those beautiful loans but no worries, buy the bank etfs sit back and collect free money as they will all be bailed out the next 3 years or so. This will only be bullish for equities .....
NYCB shares rebound after troubled regional bank announces $1 billion capital raise
PUBLISHED WED, MAR 6 2024 12:42 PM EST
https://www.cnbc.com/amp/2024/03/06/new-york-community-bancorp-tumbles-40percent-and-is-halted-as-troubled-bank-reportedly-seeking-cash-infusion.html#amp_tf=From %1$s&aoh=17097632670405&referrer=https://www.google.com
Just a billion bucks and I'm sure they will make goobers of profits off this bailout like jp .organ did with first republic in 2023.
Word is commercial real estate is next....the banks all tied to those beautiful loans but no worries, buy the bank etfs sit back and collect free money as they will all be bailed out the next 3 years or so. This will only be bullish for equities .....
NYCB shares rebound after troubled regional bank announces $1 billion capital raise
PUBLISHED WED, MAR 6 2024 12:42 PM EST
https://www.cnbc.com/amp/2024/03/06/new-york-community-bancorp-tumbles-40percent-and-is-halted-as-troubled-bank-reportedly-seeking-cash-infusion.html#amp_tf=From %1$s&aoh=17097632670405&referrer=https://www.google.com

