SF-Based First Republic Bank downgrade is latest black eye to banking industry

Growing anxiety about the banking system spurred a roller-coaster ride on Wall Street Wednesday, with San Francisco-based First Republic getting its credit rating downgraded.

[Thadopeera]

I’ve learned to never trust three types of people.. Car Salesman, Politicians and BANKERS

[tomsullivan-kcfb]

the bank robbers wear suits these days

[jamesbroomfield]

Shits crazy. If you have millions and deposit in a bank. They can run off with all your money except 250k? Smh. Fck that

[ryanbosak]

This depression is caused by congressional greed.

[MrChris]

No bail outs for the billionaires. This needs to stop. If it failed it failed. Bye bye.

[mikecampbell]

Iceland did it right when they put ceos in prison following the 2008 crash. Maybe we should try that once and see if it works here. Seeing a ceo in genpop for 4 years might do some good for the rest

[nicholaslandrum]

She said “it’s not a sign of financial collapse, it depends on how people act.”
Lmao that like saying “Joe Biden won’t stumble on stairs as long as no one is watching him”

[aprilmoore]

Usually, "spiraling" is used to describe something out of control entirely - he says it may "spiral A BIT..." OK... out of control - but just "a bit?" I'm thinking this "ripple" IS the spiraling happening before our eyes...

[jimlongino]

Those with uninsured deposits should lose their money instead of all of us.

[bradmanusa]

Everyone pull everything out! Down with the empire!!

[jackmehoff]

If these bankers were sentenced for 20-life, they would start doing their jobs better.

[eyeskyoob]

“It’s not a financial crisis banks are just collapsing nothing to see here”

[dishish]

Terrifying to think that only 10% of the actual 'money' in the world lives in paper form

[cobra]

Banks failing.
This is what build back better looks like

[noneofyourbiz]

I’m the government and I’m here to help 😂

[davidpaulk]

Just prepping us for the cashless society mark of the Beast revelation 13

[jimdoe]

Choose equality and skin color for hiring people. Not skills when it comes to peoples money... great idea

[JoeyJoJoJr]

But the Puppet in Chief woke up before 9am, to tell us everything is fine!

[Foodstamp]

Always pullout when there's no protection

[soundesignerlowekey]

I own a company that has a 27 trillion dollar debt, anyone want to invest???
- Think about how bad our Govt are at running things, not one single person would hop on board... That is why they take it from us instead every payday