I was skeptical. Then I did some research. This bank does not have near the footprint that the screenshot suggests. it seems, from looking at a snapshot of their numbers, smaller than the banks that just failed. Therefore, it was also untethered from the regulations that keep much larger institutions from doing stupid things.

I am skeptical. This is a bank that has MUCH more money than the small regional banks that just failed. These small banks did not have the same regulatory tethers that larger banks with more than 250B have. If this IS true, then there was some serious fraud happening and somehow regulatory oversite didn't see it?