Replies to post #26854 on GOOD TRADERS FORUM

[powerbattles]

BREAKING NEWS!
Approximately $60 billion loan portfolio retained in receivership.

The key word is the FDIC "MARKETING" of the retained loan portfolio. That clearly indicated, $60 billion belong to Signature Bank.

"The FDIC expects to begin its MARKETING of the RETAINED loan portfolio of the former Signature Bank later this summer.

$60 billion loan portfolio if only a small portion of the loan portfolio REMAIN that amount should belong to the stakeholders. Do the math. The market cap now is 11 million dollars.

https://www.fdic.gov/news/press-releases/2023/pr23026.html#:~:text=The%20FDIC%20expects%20to%20begin%20its%20marketing%20of,of%20the%20former%20Signature%20Bank%20later%20this%20summer