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Uhhh, are they next? Their balance sheets says $17B assets more than liabilities, but $120B of those assets are in consumer loans and only $4B in cash... What
by reducesuffering 4y ago
Uhhh, are they next?
Their balance sheets says $17B assets more than liabilities, but $120B of those assets are in consumer loans and only $4B in cash... What kind of liquidity is that? $42B was just pulled from SVB. What are these banks doing?
https://www.cnbc.com/quotes/FRC?tab=financials https://www.cnbc.com/quotes/FRC?tab=financials
- dannyw 4y agoThe balance sheets of banks are very weird. They have a lot of special rules and exemptions.