New York Community Bancorp: Just The Tip Of The Upcoming Banking Crisis Iceberg

shut up with your conspiracies.

You can’t be this dumb.


Pricechange said:
Yea...the data doesnt add up. And the data is self reported...lol

above quote from the article: "But it's taking a while for banks to decide how to handle situations in which the building is worth less than the loan — some banks want to delay realizing losses for as long as they can, says one real estate investor."

We know that the WeWork collapse was an early indicator...and that happened years ago. So, the reason the banks have delayed is probably because they wanted to wait until the election year and put Biden into a situation where he would bail them out without hesitation to keep his re-election without a huge public financial distraction (Black Mail).

So, im looking for a few more dominos (regional commercial lenders) to fall...and then a quick- quiet across the board bailout. The buildings begin to get sold quickly for updated market values and Black Rock buys a portfolio of them for pennies on the dollar. Its basically a transfer of losses from the banking sector to the US tax payer. Then, Black Rock hires many of higher executives from the failed lenders and has them analyze, value and manage the internal commercial portfolio as a reward.
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newwurldmn said:
shut up with your conspiracies.

You can’t be this dumb.
More...
wow..I struck a Nerve. Let me guess...you are in the banking industry?
I must be hitting pretty close to the truth to have triggered you this much. Well...If I am that close ...I will drop the subject. We can move on to other wall street news.
 
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Pricechange said:
wow..I struck a Nerve. Let me guess...you are in the banking industry?
I must be hitting pretty close to the truth to have triggered you this much. Well...If I am that close ...I will drop the subject. We can move on to other wall street news.
More...

the nerve you struck was with your stupid conspiracy theories.

Let me guess. You are the crazy trump loving uncle not invited to thanksgiving at your family’s houses anymore.
 
Pricechange said:
wow..I struck a Nerve. Let me guess...you are in the banking industry?
I must be hitting pretty close to the truth to have triggered you this much. Well...If I am that close ...I will drop the subject. We can move on to other wall street news.
More...
%%
I'M not in the banking sector;
but that \sub $5 NYCB bank stock stuck a close nerve :D:D:caution::caution:
At least they are consistent= 5.55%on CDs.
OUR sunbelt county seems to be in pretty good shape;
the 2 empty bank buildings got bought by other banks.
There are 2 commercial buildings empty, but one has no windows .
 
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