is I like stocks
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
jhd51, I believe the big monies shorts (not the $50, shorts who play 1/4% moves and close out end of day) know when they smell fear in the streets cuz that’s what they do/bank on ,in our case we know who’s doing it with the big number shs , or should I say friends of friends with large to barrow shs., now if you believe the 30-28 pps short this paper,, as for me noooo and I have shs ,but nooooo , also Remeber what % retail holds lol. Remeber what COOP does and especially Remeber NSM/COOPS past hmmm? AIMHO let’s see how she closes EOD.
Normally I would say TGIF but my winter diet don’t end till April
Anyhow have a great weekend
GoGooooooCOOP
GLTA-Ts
Split, The writing was on the wall and predicted ,just exactly when was the question ,it’s all up and down the line there’s no favs , we just sit for awhile and go out and get ready to play in the yard,garden, verandah, whatever as the weather in ur area permits until 3- 4 Q life is good it’s all part of the game ( I might even kick start the hot tub next week
GoGooooooCOOP
GLTA-Ts
Good morning people , Well I’m finally in the red on my last purchase of COOP oh well I got time I really love the Monday, oh wait Saturday morning QB’s, better yet the ones that say, I’m not putting monies in the markets, It’s always easy predicting with no skin in the game, Me I luv playing in this game and put my chips down on the table lol if you never take the bad with the good how would you ever know the diff,
GoGooooooCOOP has been great to me and will continue to
GLTA-Ts
DB4D- Ur welcome I usually post the early info when I catch them in my flash reading after the gym when I’m watching the markets although with what is going with my Fi’s they are kicking my arsh but Thanxs to the two utilities funds I picked up last year it makes it a little less painful heheh
GLTA-Ts
Good morning people-Existing-Home Sales Surged 14.5% in February, Ending 12-Month Streak of Declines
Largest monthly percentage increase since July 2020
Existing-home sales jumped 14.5% in February to a seasonally adjusted annual rate of 4.58 million, snapping a 12-month slide and representing the largest monthly percentage increase since July 2020 (+22.4%). Compared to one year ago, however, sales retreated 22.6%.
The median existing-home sales price decreased 0.2% from the previous year to $363,000.
The inventory of unsold existing homes was unchanged from the prior month at 980,000 at the end of February, or the equivalent of 2.6 months' supply at the current monthly sales pace.
https://www.nar.realtor/newsroom/existing-home-sales-surged-14-5-in-february-ending-12-month-streak-of-declines
GLTA-Ts
Hey ole Cactus ya done added an xxxx x the last time ther was only xxxx what the hey lol
GLTA-Ts
Fed hikes interest rate 0.25 point to curb inflation despite banking turmoil:
March 22, 2:05 PM.
WASHINGTON—The Federal Reserve raised its key short-term interest rate by a quarter percentage point Wednesday, pushing ahead with its aggressive campaign to tame inflation despite financial turmoil following Silicon Valley Bank’s collapse.
Fed officials forecast another quarter point in rate increases this year to a peak range of 5% to 5.25%, in line with its December estimate and lower than the level markets anticipated before SVB’s meltdown.
In a statement after a two-day meeting, the Fed acknowledged recent strains in the nation’s banks and said they will soften the economy but added the financial system is stable.
“The U.S. banking system is sound and resilient,” the Fed said. “Recent developments are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring and inflation. The extent of these effects is uncertain.”
https://www.usatoday.com/story/money/economy/2023/03/22/fed-meeting-rate-hike-live-updates/11509144002/
GLTA-Ts
Well ,well I see ole Cactus came out to play the same ole, same ole, May the force be with xxxx
Just doing a drive by to see how COOP was doing
Have a great day people GLTA-Ts
(This mofo is full of it )Jamie Dimon regretted saving Bear Stearns and Washington Mutual in 2008. Now the JPMorgan CEO is leading an attempt to rescue another flailing bank
Jamie Dimon is getting involved in rescuing banks again.
https://finance.yahoo.com/news/jamie-dimon-regretted-saving-bear-083529786.html
The JPMorgan CEO is taking the lead in discussions on how to save First Republic Bank, reports the Wall Street Journal.
First Republic Bank has been pressured by depositor outflows since the collapse of Silicon Valley Bank earlier this month. Banking heads, including Dimon, are now considering investing directly into First Republic Bank, after a $30 billion deposit from 11 banks before the weekend failed to calm nerves. The Journal reports that the banks might convert their deposits into a capital infusion.
Dimon also helped corral his fellow banking CEOs to agree to the multi-billion dollar deposit, suggested by U.S. Treasury Secretary Janet Yellen earlier in the week, according to Bloomberg. First Republic tapped JPMorgan for liquidity as early as March 12, just a few days after Silicon Valley Bank was taken over by federal regulators.
A spokesperson from JPMorgan declined to comment.
First Republic Bank is the latest U.S. bank to stumble since the banking crisis began earlier this month, following the collapse of Silvergate, Silicon Valley Bank and Signature Bank of New York in the U.S., and the hastily agreed deal for UBS to buy its fellow Swiss bank Credit Suisse for $3.2 billion.
Not the first time
Both JPMorgan and Jamie Dimon have stepped in to rescue failing and failed banks before—and it didn’t work out so well.
JPMorgan bought the failed investment bank Bear Stearns in March 2008 for $1.4 billion, in a deal shepherded by the U.S. Federal Reserve. The Wall Street Bank later bought the banking subsidiaries of Washington Mutual later that year for $1.9 billion, after the savings and loans association failed in what is still the largest bank failure in U.S. history.
JPMorgan’s deal to buy Bear Stearns was backed by the U.S. Federal Reserve, which offered $30 billion to support the deal. The Federal Reserve also took over Bear Stearns’ most toxic assets, which JPMorgan refused to take. Still, buying the two banks put JPMorgan on the hook for all of their problems, and Dimon publicly grumbled that U.S. regulators were suing his bank for misdeeds at Bear Stearns before the acquisition. Eventually, JPMorgan had to pay a total of $19 billion to settle disputes with regulators stemming from its purchases of Bear Stearns and Washington Mutual.
“No, we would not do something like Bear Stearns again,” Dimon wrote in a 2015 letter to shareholders. “I don’t think our board would let me take the call.”
First Republic Bank
JPMorgan, along with 10 other banks, deposited $30 billion into First Republic Bank on Thursday, in a bid to give the struggling regional bank needed liquidity to get through the crisis. The consortium of banks reportedly pledged to keep the money in First Republic Bank for at least three months, giving the bank more runway to find a solution.
At the time, First Republic Bank said the deposit “reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire U.S. banking system.”
It doesn’t seem to have convinced everyone. Rating agencies downgraded First Republic Bank to junk status, citing continued concerns about funding despite the rescue effort from the nation’s biggest banks.
Customers have pulled $70 billion in deposits from the bank, or about 40% of its total, reports the Wall Street Journal, though outflows have slowed since the $30 billion deposit on Thursday.
Shares in First Republic Bank crashed 47.1% on Monday, the first day of trading following the UBS rescue of Credit Suisse. First Republic Bank’s shares are now down 90% for the year, with almost the entire decline happening since the collapse of Silicon Valley Bank.
Update, March 21, 2023: This article has been updated with a response from JPMorgan.
&$&;:%&($# Ts
Good morning people, It’s another lovely day on COOP avenue I still need two more block$ to get over to freebie street lol.hope all have a great day, me I’m going out on this beautiful spring day as it’s to nice outside to be inside,
GoGooooooCOOP
GLTA-Ts
Geeeee An increase in the total capital stock showing on a company's balance sheet is usually bad news for stockholders because it represents the issuance of additional stock shares, which dilute the value of investors' existing shares. However, the additional capital stock may benefit investors in the form of increased returns on equity through capital gains, higher dividend payouts, or both.
Hellooooo
Never fall in love with a stock without divs, wake up
GoGooooooCOOP
GLTA-Ts
Hi Split , You need the bang before you can split the wealth,otherwise it’s history repeating its self (NSM ) I hold all profit shs till end of year, profit issss profit some more some less, BUT! STILL never fall in love with a stock without divs
GoGooooooCOOP where’s the BANG ?
GLTA-Ts
Yes green again , “also possession is nine-tenths of the law”, I posted a few times back when,Big monies don’t part with big numbers that easily ,you have to pry it from their dead cold hands IFFEN,how long has it been hmmm?
GoGooooooCOOP
GLTA-Ts
CWG lol, Gee I thought I posted that article , I did post it, did I not
GoGooooooCOOP-Ts
FYI.Democrats defend deregulation vote amid banking blame game
03/18/23 5:00 PM ET
https://thehill.com/business/banking-financial-institutions/3905108-democrats-defend-deregulation-vote-amid-banking-blame-game/
Democrats on Capitol Hill are defending their vote for a 2018 banking deregulation bill that President Biden and other members of the party are blaming for last week’s stunning collapse of Silicon Valley Bank and Signature Bank.
Forty-nine Democrats — 33 in the House and 16 in the Senate — plus Sen. Angus King (I-Maine), who caucuses with Democrats, joined Republicans in 2018 to pass the deregulation bill.
Nineteen of them are still in the House, all of whom will have to face voters next year, and 12 are in the Senate, five of whom are up for reelection in 2024. Sen. Kyrsten Sinema (I-Ariz.), who was in the House as a Democrat in 2018 and voted for the deregulation bill, is also up for reelection next year.
Proponents of the legislation, which former President Trump signed into law, saw it as a way to provide relief to small and midsize banks that were struggling with rigorous regulations put in place under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, which was enacted after the 2008 financial crisis.
But a number of Democrats are now blaming that rollback for the failure of Silicon Valley Bank and Signature Bank — which were exempted from the regulations in 2018 — putting the measure’s Democratic supporters on the defensive as the banking blame game heats up on Capitol Hill.
Asked if she regretted her vote for the bill, Sen. Debbie Stabenow (Mich.), a member of Democratic leadership who is retiring next year, told The Hill, “Not at all.”
“It was very important to me to make sure that our small banks, community banks and credit unions, who did not cause the financial crisis in 2008, were given some flexibility,” she said.
Rep. Josh Gottheimer (D-N.J.) also said he does not regret his vote for the rollback, calling the Dodd-Frank regulations “impossible” for small, medium-sized and regional banks.
You had a set of rules that literally applied to the largest few institutions in the country and also to our small and medium-size and regional banks. It was impossible, and they were all actually merging and selling to the larger banks and you had no community banks left in this country,” he said during an interview with CNN on Tuesday.
The 2018 bill — formally known as the Economic Growth, Regulatory Relief and Consumer Protection Act — exempted some banks from stricter Federal Reserve oversight and stress tests mandated under the Dodd-Frank Act by raising the asset threshold for those regulations from $50 billion to $250 billion.
Silicon Valley Bank and Signature Bank both fell within that range.
Let’s be clear. The failure of Silicon Valley Bank is a direct result of an absurd 2018 bank deregulation bill signed by Donald Trump that I strongly opposed,” Sen. Bernie Sanders (I-Vt.) wrote in a statement.
Sen. Elizabeth Warren (D-Mass.), who voted against the 2018 bill and is now leading an effort to undo the legislation, said Silicon Valley Bank (SVB) and Signature Bank “would have been subject to stronger liquidity and capital requirements to withstand financial shocks” if Congress and the Federal Reserve had not rolled back stricter oversight.
“They would have been required to conduct regular stress tests to expose their vulnerabilities and shore up their businesses,” she wrote in a New York Times op-ed. “But because those requirements were repealed, when an old-fashioned bank run hit S.V.B?., the? bank couldn’t withstand the pressure — and Signature’s collapse was close behind.
Silicon Valley Bank, a California-based institution that mainly catered to startups, was taken over by federal regulators last Friday after a massive run on the bank amid liquidity issues. Days later, state regulations seized Signature Bank, a New York-based establishment that largely did business with real estate companies and law firms, following another rush by customers to withdraw deposits.
The Signature Valley Bank collapse is now the second-largest bank failure in American history, and the Signature Bank break down is the third-largest.
Sen. Tim Kaine (D-Va.), who stood by his vote for the 2018 deregulation bill, told The Hill that the Old Dominion lost a chunk of its banks between 2010 and 2018 because small banks, faced with having to hire compliance departments, decided to sell to larger institutions, which led to branches closing and employees being laid off.
My community banks, as you get a few years into implementation, kind of laid this issue down. They said, hey look, a law that was designed to stop too big to fail is also accelerating too small to succeed,” Kaine, who is up for reelection in 2024, said.
“Community banks, when the [2018] banking bill was put together, they’re like, we strongly support this. They were strongly supportive and they still are, and they’ve done well in Virginia in the last few years,” he added.
Sen. Gary Peters (D-Mich.) also said he does not regret his 2018 vote in support of the deregulation bill, and cautioned against jumping to conclusions about the cause of the collapses.
“I don’t know all the facts,” Peters said. “Right now we got an investigation going on; the feds are gonna look at exactly what happened. I don’t think we should jump to any conclusions, so we actually investigate and look at the facts.”
The Justice Department and Securities and Exchange Commission are both investigating Silicon Valley Bank’s collapse, and the Federal Reserve has launched its own probe. The central bank said a review of the probe, which is being led by Vice Chair for Supervision Michael Barr, will be released publicly on May 1.
Sen. Chris Coons (D-Del.), who voted for the 2018 bill, said it is “premature” to connect the five-year-old bill to last week’s collapse
I think it’s premature to say we know that this action by regulators under the previous administration — or this action legislatively under the previous administration — made the difference,” he told The Hill. “We don’t know that.”
The senator cited other factors that may have led to the bank’s crumbling, including management failure, a failure to plan for inflation risk and regulatory oversight failure.
Warren and Rep. Katie Porter (D-Calif.), however, are drawing a direct line between the faltering banks and the 2018 bill. The progressive pair, along with dozens of other Democrats, introduced a bill on Tuesday that would repeal the 2018 Dodd-Frank rollback by restoring the regulation threshold to $50 billion.
The legislation comes after Biden this week called on Congress and banking regulators “to strengthen the rules for banks to make it less likely that this kind of bank failure will happen again and to protect American jobs and small businesses.”
Stabenow said she has concerns with the threshold under the Warren-Porter bill.
“My reason to support the bill originally was because I felt the $50 billion threshold was too low. And so she moves it all the way back down to that. And so that’s the question of mine,” she said.
“And I think we need to look at, you know, what really happened here? I mean, there’s total incompetence of this bank, certainly. And the question is what would make a difference? That’s what I’m interested in,” she added, later saying “I think it’s just looking at, you know, what can we do to address this situation without going back to hurting small banks.”
Coons said it was “premature” to consider “specific solutions” when the cause of the bank failure remains unknown, and Kaine said he first wants to review Barr’s analysis before making a decision on Warren’s bill.
One proponent of Warren’s bill could be Rep. André Carson (D-Ind.), who supported the 2018 rollback. Asked about his vote, the congressman told The Hill in a statement that, in light of the bank closures, it is time to move standards back in the direction of Dodd-Frank.
“In light of recent events, I believe it’s time to review and update those changes to bring the requirements closer in line to our original Dodd-Frank standards, which I was proud to vote to establish,” he told The Hill. “This will help strengthen our financial system to keep it resilient and reliable as economic tides ebb and flow.”
Ts
(The rumore mill)Bank of America said to buy Signature Bank, tweets Ackman
March 17 (Reuters) - Bill Ackman in a tweet on Friday said Bank of America (BAC.N) is going to acquire Signature Bank (SBNY.O) on Monday, without citing the source of information.
"I am hearing that @BankofAmerica is going to buy Signature Bank on Monday. Unless and until we can protect uninsured deposits, the cost of capital is going to rise for smaller banks pushing them to merge or be acquired by the SIBs. I don’t think this is good for America," he tweeted.
However, a source familiar with the matter told Reuters that Bank of America is not interested in buying Signature Bank.
Signature Bank did not immediately respond to a Reuters request for comment. Bank of America declined to comment.
State regulators closed New York-based Signature Bank on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered Silicon Valley Bank in a collapse that stranded billions in deposits.
Ts
FYI.Charles Schwab Corp. saw $8.8 billion in net outflows from its prime money market funds this week as investors rattled by turmoil at US banks plowed even more money into the brokerage’s other portfolios that favor assets with government backing.
Clients moved money from two Schwab Value Advantage Money funds, which had a combined $195 billion of assets as of March 15, representing the largest redemptions in at least six months, according to company data compiled by Bloomberg. The data cover the three days through March 15.
Amid wild gyrations in financial markets, the shift in client assets isn’t likely to jeopardize Schwab. The firm’s own government and Treasury funds had inflows in each of the same three days totaling about $14 billion, according to the company’s data.
The shifts represent clients focused on safety who are moving from prime money funds to government money funds – “all within Schwab,” Mike Peterson, a company spokesman, said via email. “Those shifts from one category to the other happen all the time. This one is larger, but is part of a broader industry trend and is not unique to Schwab.”
Wider Trend
The flows at Schwab match the pattern in data from the Investment Company Institute, which show prime fund assets decreased by $18 billion industrywide for the week ending March 15, while total money market fund assets increased by $121 billion.
Ts
What heck! I go out yesterday for a little wearing of the green, I open my notepad and I’m down .11 a share from my last purchase what the hay. I also said Thursday the banks are circling their wagons lol
GoGooooooCOOP
Have a great weekend people-Ts
Good morning people, A quick sinopes imo. 1) beliefs are not lies, 2)banks are circling the wagons, reason being ,WHO’s next? 3) CS will not fall. neither will Republic 4) the Banks have a 30 day struggle still 5) This decline in COOP isssss BS. because even if ,somebody will purchase the notes and jobs employment are increasing month by month,again imho.AND A VERY HAPPY AND SAFE ST.PATTYS DAY ,ERIN GO BRAGH SLAINTE-I’m outta here-Ts
CWC Dude after alllll the years here, you should know better
GoGooooooCOOP
Life issss Good Erin Go Bragh Slainte Ts
YOU evidently with the amount of times you replied about the underwriters and how they were somehow duped NBD to me cuzzzz I’m an IFFEN and don’t get into this thanggggg I’m done with you on this topic
GoGooooooCOOP
Life is Good-Erin Go Bragh Salinger-Ts
European Central Bank hikes rates .50%despite market mayhem, pledges support if needed
PUBLISHED THU, MAR 16 20239:17 AM EDTUPDATED 9 MIN AGO
https://www.cnbc.com/2023/03/16/ecb-rate-decision-march-meeting-lagarde-announces-new-rate-hike.html
The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to supply liquidity to banks if needed, amid recent turmoil in the banking sector.
The ECB had signaled for several weeks that it would be raising rates again at its March meeting, as inflation across the 20-member region remains sharply above the targeted level. In February, preliminary data showed headline inflation of 8.5%, well above the central bank’s target of 2%.
ECB 50-basis-point hike in March a done deal, May and June undecided
https://www.reuters.com/markets/rates-bonds/ecb-50-basis-point-hike-march-done-deal-may-june-undecided-2023-02-16/#:~:text=ECB%20President%20Christine%20Lagarde%20said,at%20the%20March%2016%20meeting.
LONDON, Feb 16 (Reuters) - The European Central Bank will raise its deposit rate at least twice more, taking the terminal rate to 3.25% in the second quarter, with a vast majority of economists polled by Reuters saying the greater risk is it goes even higher.
ECB President Christine Lagarde said at a news conference this month that the euro zone's central bank would add 50 basis points to the deposit rate. Economists took her at her word, with all 57 of them polled in the Feb. 10-15 period expecting a deposit rate hike to 3.00% at the March 16 meeting.
GoGooooooCOOP
Life issss Good-Erin Go Bragh-Slainte-Ts
Picks , Really, yeh, sure, ok , so the underwriters came up with this black ops plan to get more of nothing from a lower position than nothing from a higher position, ,,instead of just sitting on the dock of the bay watching time roll away while saving time and monies instead yeah that’s the tick in alllll business endeavors, throwing good$ after bad$, now I am of the group of IFFENS as most here know ,but if I was a gambling person ,Oh wait I am,as I have been playing this trilogy hehehe I would have to put a little on the black ops long shot thanggg just incase,just like them,those,whomever AIMHO.
GoGooooooCOOP
Life isss Good-Erin Go Bragh-Slainte-Ts
Good morning people, Hi Split I did what I could @38.59 COOP as the norm it dropped lower as it does always to me lol.But happy at this price, I was almost out for some fast freebies BUT! , I would have bought a little more but had to shore up my BAC shs as it continues to be kicking my arsh otherwise I would have picked up some CS yesterday for a quickie roll of the dice as I just knew they would work something out and the pps was worth the gamble with some play monies but I was am dry of play monies oh well I’m not worried at all about BAC as it’s also one of the boyzzzz off springs not its fav but up there, and the price issss ripe for buying anyhow COOP issssss @ a great price for a quickie also AIMHO.for now all I can do is play the day after QB and join the others YUCK !
Well on another note tomorrow is ST.PADDY’S day and as the norm I will take a day off from my winter diet lol and endure the festivities and pay for it on Saturday
Have a great day
GoGooooooCOOP
Life issss Good -Erin Go Bragh -Slainte-Ts
Spit screw the gap lol look at the vol hehehe—1,133,562
Date Close/Last Volume Open High Low
03/14/2023 $40.97 963,562 $41.53 $42.15 $40.44
03/13/2023 $39.88 1,391,715 $40.23 $40.70 $38.01
03/10/2023 $41.80 1,126,632 $43.02 $43.73 $41.36
03/09/2023 $43.59 839,810 $45.03 $45.35 $43.51
GoGoooooooCOOP
Life Is Good Erin Go Bragh-Ts
BofA deposits, Bank of America mopped up more than $15 billion in new deposits in a matter of days, as customers fearful of a spreading crisis from the failure of three smaller lenders sought refuge in the firms seen as too big to fail. That’s a sharp contrast from the end of last year, when deposits at the second-largest US bank were down $8 billion compared with the end of the third quarter. Other banks like JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. also raked in billions in new deposits, though the figures have not been disclosed yet.
—————
The funny or not thanggggg is it’s not effecting the still downward trend of these banks pps ,, I should know cuzzzzz BAC PPS ISSSSS KICKING MY ARSH LOL and MY COOP SHS IS DOING BETTER as of
GoGooooooCOOP
Life issssss Good,Erin Go Bragh-Ts
Edit
Hold on people it looks as of this post it’s going to get really ruff trading session
Dow futures fall 500 points as Credit Suisse shares drop more than 20%: Live updates
Stock futures fell on Wednesday as pressure on the financial sector increased with shares of Credit Suisse, a Swiss Bank with large U.S. operations, tumbling more than 20%.
Futures tied to the Dow Jones Industrial Average fell 534 points, or 1.6%, while S&P 500 futures and Nasdaq-100 futures lost 1.8% and 1.6%, respectively.
In recent days, a crisis in the financial sector has centered around regional banks as Silicon Valley Bank and Signature Bank collapsed, both casualties of poor management in the face of eight interest rate hikes by the Federal Reserve in the last 12 months. Wednesday morning attention turned to the big banks with shares of Credit Suisse hitting an all-time low.
Saudi National Bank, Credit Suisse's largest investor, said Wednesday it could not provide any more funding, according to a Reuters report. This comes after the Swiss lender said Tuesday it had found "certain material weaknesses in our internal control over financial reporting" for the years 2021 and 2022.
As Credit Suisse dragged down the European Bank sector, U.S. big bank shares declined in sympathy. Citigroup and Wells Fargo shed 3%, while Goldman Sachs and Bank of America fell 2%. The Financial Select Sector SPDR Fund lost 2.9% in premarket trading, giving up its 2% pop on Tuesday.
Regional Banks, whose rebounded helped lift sentiment for the broader market on Tuesday, fell back into the red again. The SPDR S&P Regional Banking ETF (KRE) was down 3% in the premarket, led by losses in Old National Bancorp, Zions Bancorp and Fifth Third Bancorp. To be sure, shares of First Republic Bank were clinging to gains.
GLTA
Good morning people All three banks spent big to defeat President Donald Trump in 2020, collectively giving $198,926 to Joe Biden’s presidential campaign.
SVB, Signature Bank and Credit Suisse jointly gave just $17,597 to Trump in 2020 and $5,516 to his upstart run in 2016.
Senate Majority Leader Chuck Schumer (D-NY).
Since 2016, the banks have donated tens of thousands to Senate Majority Leader Chuck Schumer (D-NY).
Rod Lamkey – CNP / MEGA
Since 2016, the banks have also donated $89,322 to the Democratic National Committee, as well as tens of thousands to the individual Senate campaigns of Majority Leader Chuck Schumer (D-NY), Joe Manchin (D-WV), Mark Warner (D-Va.), Jon Tester (D-Mont.) and Mark Kelly (D-Ariz.), among others.
Tester was seen Monday night rubbing elbows with a partner at SVB’s law firm during a posh Palo Alto fundraiser. And Kelly reportedly asked on an emergency congressional call Sunday evening if “misinformation” about the banks’ failures could be censored to prevent a run on other financial institutions.
SVB’s board of directors also included a Hillary Clinton mega-donor, a former aide to President Barack Obama, and a major donor to former House Speaker Nancy Pelosi (D-Calif.).
Brad Sherman
Rep. Brad Sherman (D-Calif.) received donations from the failed banks.
The Democratic Congressional Campaign Committee and its affiliated House members also received thousands through the banks’ political generosity, which included donations to Reps. Gregory Meeks (D-NY), Seth Moulton (D-Mass.), Brad Sherman (D-Calif.) and former New York Congressman and DCCC chair Sean Patrick Maloney.
Rep. Patrick McHenry (R-NC), chair of the powerful House Financial Services Committee, has taken $203,850 from the banks over the past six years — the most of any Republican congressman.
Failed Pennsylvania Senate candidate David McCormick also took in $19,892 from the institutions during his 2022 Republican primary run.
SVB and Signature Bank failed within days of each other this weekend — two of the three biggest financial institution collapses in US history.
GoGooooooCOOP
Life isssss Good, Erin Go Bragh- Ts
So not counting today 3.8m COOPS SHS .exchanged wherever darn you retailers, where did you get aaaalllllll those shs lol
On another note SVB seems to be unsellable as of this post because of it none diversity investments Geeee how did that go unnoticed allll this time no wonder sleepy said alllllll depositors will be covered the other day, hooray for the green woked rich, and us peons will pay for it along allll lineslol
Edit
today 963,510+3.8m= 4.7m +/- they must be printing again heheh
GoGooooooCOOP
Life issss Good,Erin Go Bragh-Ts
Well, well gotta love the honest swings in the markets heheh, mannn it is a joke but fun to also watch the boyzzzzz swing the numbers anywhichway they want , can’t wait to watch the close, as I just got back to see it in action once again first hand and also watch where COOP EOD number
I’m very happy with my last purchase for sure, but as always I only hold the freebies and always pull my initial monies out , I was hoping for tomorrow but it seems I might have to wait a week or so
GoGooooooCOOP
Life isssss Great Erin Go Bragh-Ts
I’m already in and I’ll be busy tomorrow morning soooo 41.67 pps EOD Seya after lunch
GoGooooooCOOP
Life issss Good, Erin Go Bragh-Ts
Vol 1,391,615, wonder where they came from
I can’t wait till tomorrow lol
Have great evening people
Life issss good, Erin Go Bragh-Ts
Split , To tell ya the truth I was up late last night watching an old movie fav of mine with a lot of great actors in it , The longest day and I got up late this morning ,otherwise I would have been working in my gym and would have had my target buy kick in at 40.08 but was watching the live feed with juice and coffee before the bell and killed the target pps buy setup ,hence the lower price buy on COOP hehehe
Take care
GoGooooooCOOP
Life isssss good,Erin Go Bragh-Ts
Yeah ,it was the scent of ,that counts at times
Life issss good,Erin Go Bragh-Ts
https://www.nasdaq.com/market-activity/stocks/coop/institutional-holdings
But I’ll take my few shekel's/shs freebies here and there lol
Life issss good,Erin Bragh-Ts
Removed
Ts
I’m starting to worry about you ole Cactus , replying to ur self, kind of early out ur way for the peyote ,no but at ur age what the heck lol
Ts
Hey Strike, I could care less about the self proclaimed/chosen one’s or the Tuesdays morning QB’s nor the 8 ball told ya so’s, anybody throws enough darts at the barn doors sooner or later one’s going to hit some part of the BARN , me I’m here for the mo, mo, monies=shs in my case,
GOGOOOOOOCOOP & I believe in my opinions which I am wrong every now and than , but there’s still monies/ shs to made still here in these declines IMO.and I would also bet that COOP and its monies think /believes so too, Soooooo
I’m back at 38.59 lol let’s play & sweat, but I’m not gonna watch it today ,just going to hit the gym for a long day and a diff king of pain lololo
Edit:
Only 400 shs
Erin Go Bragh-T$
Good morning people , Signature Bank director Barney Frank ( wha happen?)
DIRECTOR, SIGNATURE BANK
Barney Frank Barney Frank has been a member of the Board since June 2015. Mr. Frank served as a U.S. Congressman representing the 4th District of Massachusetts from 1981-2013 and also was the Chairman of the House Financial Services Committee from 2007-2011. As Chair of the House Financial Services Committee, Mr. Frank was instrumental in crafting the short-term $550 billion rescue plan in response to the nation’s 2008-2009 financial crisis. Later, he cosponsored the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was signed into law in July 2010. 18 Prior to serving in Congress, Mr. Frank spent eight years as a state Representative in Massachusetts and, earlier, served as Chief of Staff to Congressman Michael Harrington and Chief Assistant to Mayor Kevin White of Boston. Mr. Frank’s extensive experience as a Congressman, and particularly as Chair of the House Financial Services Committee, led the Board to conclude that he should be a member of the Board
Will be looking closely today for a play here in COOP once again
Erin Go Bragh-Ts
BB What I believe issssss when one of them takes a crap the other knows it before the crapper can finish wiping his/her butt but there are things you can do and get away with and then there are things that can not be to obvious BUTTZZZZ LOL
I’m outta here
Erin Go Bragh-Ts