Signature Bank (SBNY)

[freddie me]

Barney Frank: NY "never said we were insolvent."
https://nymag.com/intelligencer/2023/03/barney-frank-says-more-shuttering-signature-bank.html MAR. 15, 2023

"I’m very disappointed to learn, apparently, the Department of Financial Services in New York, which did the closing, hasn’t said we were insolvent! They said, well, they had a problem, because they couldn’t get sufficient data. I mean, I was disappointed when they closed it, and sort of vindicated — they have not argued that we were insolvent. And I think it’s very clear if we had the benefit of those two announcements, we’d still be an ongoing bank."