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1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion

 
Anonymous Coward
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03/06/2024 01:58 PM
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1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
This bank is on end of life support in the Bank ICU. This will be a very large failure and will be the first of many due to the horrendous banking environment with Commercial Real Estate being a dead man walking and all the other known lending problems. March 11th will kick off more challenges as the Emergency Lending Facility is expiring at the Fed.

New York Community Bancorp tumbles 40% and is halted as troubled bank reportedly seeking cash infusion.

[link to www.cnbc.com (secure)]
70dimensions
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03/06/2024 01:59 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
CARSH
:glasseoff:
Anonymous Coward
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03/06/2024 02:01 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
7 days before bank crisis begins on march 11

Anonymous Coward
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03/06/2024 02:01 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Anonymous Coward
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03/06/2024 02:02 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
This could be real doom if it spreads to BofA and Wells Fargo.
70dimensions
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03/06/2024 02:04 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
This could be real doom if it spreads to BofA and Wells Fargo.
 Quoting: Anonymous Coward 78819425

Those are politically connected

The smaller banks are fucked. If they aren't gobbled up quickly enough by the big ones, they will drag down the rest of the system.
Anonymous Coward
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03/06/2024 02:04 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
AND SO IT BEGINS...

I gave your thread FIVE STARS!
Anonymous Coward
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03/06/2024 02:07 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
AND SO IT BEGINS...

I gave your thread FIVE STARS!
 Quoting: Anonymous Coward 86016648


Me to.
Anonymous Coward
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03/06/2024 02:07 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion

 Quoting: Anonymous Coward 86885838


Thirteen Days Before The Bank Crisis Begins...

7 days ago
Anonymous Coward (OP)
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03/06/2024 02:09 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
I have to believe that depositors of all sizes are looking to withdraw their money asap. The bank run is what will sink them fast.
Anonymous Coward
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03/06/2024 02:16 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Isn’t March 13 when the Fed will stop bailing out failed banks?
Anonymous Coward
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03/06/2024 02:18 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Isn’t March 13 when the Fed will stop bailing out failed banks?
 Quoting: Anonymous Coward 85518209


Can you link us up on that?

Thank you!
Anonymous Coward
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03/06/2024 02:19 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Here’s your 1 STAR! Steve Mnuchin’s PE and two other firms are in for $900 mil plus board seats. No failure.what a tard!!!!!!
Anonymous Ninja
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03/06/2024 02:20 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Consolidation before bringing in CBDC. The Petro dollar is coming down.
Anonymous Coward
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Ukraine
03/06/2024 02:22 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
America is bankrupt, 1933 will be a walk in the park compared to upcoming processes
Mental Case
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03/06/2024 02:23 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
And gold just keeps marching upward!
Anonymous Coward
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03/06/2024 02:24 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Thread: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Anonymous Coward
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03/06/2024 02:24 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
America is bankrupt, 1933 will be a walk in the park compared to upcoming processes
 Quoting: Anonymous Coward 86921315


hesright
Anonymous Coward
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03/06/2024 02:25 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Thread: 2023 is the year the money failed - update last page (Page 13)
Anonymous Coward
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03/06/2024 02:25 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
$1 billion infusion just announced. Doom over!
Anonymous Coward
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03/06/2024 02:25 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Also selling combo common and pref stock $2, proceeds $1.05 billion. I would NOT take financial advice from OP fyi. This is another example of how WRONG some clown can be so FAST, within minutes, WRONG!!!!!!! LOL
Anonymous Coward
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03/06/2024 02:29 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
7 days before bank crisis begins on march 11


 Quoting: Anonymous Coward 86885838


March 11 is five days away, not seven.
Anonymous Coward (OP)
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03/06/2024 02:31 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Also selling combo common and pref stock $2, proceeds $1.05 billion. I would NOT take financial advice from OP fyi. This is another example of how WRONG some clown can be so FAST, within minutes, WRONG!!!!!!! LOL
 Quoting: Anonymous Coward 75858584


Goldman Sachs to the rescue via a proxy. Why didn't they bail out the three monster banks that failed last year? They were much more important banks than this NYCB.
Anonymous Coward
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03/06/2024 02:32 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Isn’t March 13 when the Fed will stop bailing out failed banks?
 Quoting: Anonymous Coward 85518209


Can you link us up on that?

Thank you!
 Quoting: Anonymous Coward 86016648


It's March 11. There is a video above in the comments that explains what it means.
Anonymous Coward
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03/06/2024 02:32 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Nonsense

bsflag
Anonymous Coward
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03/06/2024 02:33 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion

bump
70dimensions
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03/06/2024 02:35 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
The horrible part about this is that this bank bailed out the previously bankrupt one in trouble.

So it will continue into infinity, bailout, bailout the bailouter etc. In theory at least.
Anonymous Coward
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Finland
03/06/2024 02:35 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
BS, they just print even more dollars which they sell to the rest of the world as everything is ran on dollar.
US will never collapse before rest of the world does as long as the petrodollar exist and to buy stocks you first have to buy dollar.
Anonymous Coward
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03/06/2024 02:36 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
Lol.

Someone opened a big bank account in my name at New York community Bank.

They stole checks from someone, and they were signing them and running it through the bank account.

The detectives on the case could never find the guy.

New York community Bank give you the money in the account.

Three grand bitch!

Thanks New York community Bank!

cruise
Anonymous Coward
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03/06/2024 02:48 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
7 days before bank crisis begins on march 11


 Quoting: Anonymous Coward 86885838


i wonder if that tweet are true?
Anonymous Coward (OP)
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03/06/2024 02:48 PM
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Re: 1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion
They announce they need a cash infusion and viola, one billion dollars shows up in hours. There is something fishy going on here.





GLP