They aren't saving the financial system. They're buying the banks time to unload their positions. https://t.co/VJwzpZ471r pic.twitter.com/M3nl4eQEuB
— Financelot (@FinanceLancelot) March 28, 2023
‘Current unrealized losses in the US banking system is -$1.8 trillion out of only $2.2 trillion capital
With corporate taxes due Sep 15 & possible gov shutdown Oct 2, the general public has no idea the banks are already insolvent entering a nightmare liquidity scenario in October’
Current unrealized losses in the US banking system is -$1.8 trillion out of only $2.2 trillion capital
With corporate taxes due Sep 15 & possible gov shutdown Oct 2, the general public has no idea the banks are already insolvent entering a nightmare liquidity scenario in October https://t.co/aS0GoAomoI pic.twitter.com/rNttNxd7jB
— Financelot (@FinanceLancelot) August 29, 2023
Don't forget, $140 billion in OCE loans by these banks are required to be paid back to the Fed over the next 4 months.
So the FDIC is changing capital requirements exactly when they know these banks are going to be out of liquidity 🤣 https://t.co/WU3CpzOtty
— Financelot (@FinanceLancelot) August 29, 2023
🚨FDIC unveils new capital requirements for regional banks below $700 billion, requiring them issue new debt in a high interest rate environment 🤣
Why the sudden panic?
Wonder what they're worried about 🤫 https://t.co/S94qKp1SJV pic.twitter.com/7RvG3ue0lA— Financelot (@FinanceLancelot) August 29, 2023
Commercial real estate prices prices are down sharply this year with offices building prices down ~30%.
On top of declining prices, there are nearly $1.4 TRILLION of commercial real estate loans coming due by 2025.
Rates on the commercial real estate loans have more than… pic.twitter.com/8eKj3DAmua
— The Kobeissi Letter (@KobeissiLetter) August 29, 2023
Deja Vu. pic.twitter.com/PjzifKxYeR
— Mac10 (@SuburbanDrone) August 29, 2023