A person walks into the lobby of the Signature Bank headquarters, in New York City, U.S., March 13, 2023. REUTERS/David 'Dee' Delgado
March 13 - Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based Signature Bank deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade. Moody's, which rated Signature Bank's subordinate debt 'C', said it was also withdrawing future ratings for the collapsed bank.
Don’t forget that MoodysInvSvc MoodysAnalytics had an “A” grade on SVB a week before it collapsed. They are the Jim Cramer of ratings and anything they say should be treated as potential propaganda! Don’t let them manipulate the system.
Moodys & ratings agencies ‘ratings’ are world scale Weapons of Mass Destruction WMD and the govt needs to treat these firms as such. TheBigShort
Doesn't excuse MoodysCorp's abysmal and profound financial malpractice of giving SVB an 'A' rating just days before it failed.
Why is moodys not down grading the dollar? Such double standards.
Inspite of concentrating on US Economy Sleepy Joe is fuelling Russia/Ukraine war
Theses rating agencies are a joke.
cavalierepadano Queste società di rating che si svegliano sempre DOPO sono imbarazzanti 🤣🤣🤣
Horses, comma, barn doors.
Moody's should be a meme at this point. Little late to the party huh guys?
Guess it's time to move your money to a big bank
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Crypto-friendly Signature Bank shut down by regulators, after collapses of Silicon Valley Bank, SilvergateState authorities closed Signature Bank Sunday, after Silicon Valley Bank was shut down by regulators on Friday in the biggest bank failure since the 2008...
Source: MarketWatch - 🏆 3. / 97 Read more »
Signature Bank is closed by regulators, the third US bank failure in a weekWe’re suddenly running a little low on crypto-friendly US banks What next ? CreditSuisse ? Big greedy fuks gambling like they did in 08’. These money addicts are hoping for a tax payer funded bailout. Deny them everything. Let them fail.
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U.S. Treasury says Silicon Valley Bank, Signature Bank 'not being bailed out'New policies adopted on Sunday by U.S. banking regulators will 'wipe out' equity and bondholders in Silicon Valley Bank and Signature Bank of New York while protecting all customer deposits, a senior U.S. Treasury official said. Still a BAIL OUT no matter how you word it, are they redefining the meaning of BAIL OUT now! What? Is it or not? After the bankruptcy of the SVB bank, Americans began to queue in front of other banks to withdraw their money. It is thought that there will be a second economic crisis after the 2008 Lehman Brothers crisis. Is America sinking?
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Regulators close New York's Signature Bank following Silicon Valley Bank collapseThe New York Department of Financial Services announced on Sunday that it has taken possession of Signature Bank and appointed the Federal Deposit Insurance Corporation (FDIC) as the bank's receiver. Impeach Biden and arrest Dr Fauci Thank you for sharing this update. It's important to stay informed about changes in the banking industry and how they may impact individuals and businesses. I appreciate the work of the New York Department of Financial Services and the FDIC in addressing this situation.
Source: CBSNews - 🏆 87. / 68 Read more »
Regulators shut down Signature Bank two days after Silicon Valley Bank collapseFederal and state banking regulators announced Sunday that Signature Bank, one of the main financial institutions for cryptocurrency firms, had been shut down. Lol
Source: dcexaminer - 🏆 6. / 94 Read more »
Signature Bank shut down in connection with Silicon Valley Bank collapseFederal regulators said Sunday Signature Bank has been shuttered, marking the second massive bank failure after the collapse of Silicon Valley Bank last week. Is it normal to stay in the hospital for over a month for depression Bank back better 🤣 This is sad 😔
Source: FoxNews - 🏆 9. / 87 Read more »