$517,000,000,000 in unrealized loses hits US Banking System as FDIC warns 63 lenders on brink of insolvency - The Great Awakening

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$517,000,000,000 in unrealized loses hits US Banking System as FDIC warns 63 lenders on brink of insolvency (twitter.com) ECON & BANK COLLAPSE 💸

posted 166 days ago by Shalimar 166 days ago by Shalimar +208 / -0

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– nakedjay 2 points 166 days ago +2 / -0

Most are diverse funds, even if they get raked on their GME positions. There will be sell offs to cover. Their investors will lose their asses and those managers will get fired.

Insert "And its gone!" Meme.

Also...if it actually wrecked the bank, don't be surprised if the feds do another bank bailout.

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