In a harsh blow to an already-reeling sector, Moody’s Investors Service on Monday cut its view on the entire banking system to negative from stable.
The firm, part of the big-three rating services, said it was making the move in light of key bank failures that prompted regulators to step in Sunday with a dramatic rescue plan for depositors and other institutions impacted by the crisis.
“We have changed to negative from stable our outlook on the US banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and the failures of SVB and SNY,” Moody’s said in a report.
The move followed action late Monday, when Moody’s warned that it either was downgrading or placing on review for downgrade seven individual institutions.
The moves are important because they could impact credit ratings and thus borrowing costs for the sector.
In its downgrade of the entire sector, the ratings agencies noted the extraordinary actions taken to shore up impacted banks. But it said other institutions with unrealized losses or uninsured depositors still could be at risk.
Paranoia strikes deep
Into your life it will creep
It starts when you’re always afraid
Step out of line, the men come and take you away
We better stop
Hey, what’s that sound?
Everybody look, what’s going down?
Buffalo Springfield. History and songs repeat themselves.
This is not paranoia or fear. It is a report from a respected financial company grading the US banking system. No opinions concerning this report were offered. Everyone is able to take information like this report and decide if any intelligence can be gathered from it.
I’m, not meaning to offend. It causes me both paranoia and fear. I am 9 months from retirement and this crap is making me very nervous.
I hope this advice helps you as much as it helped me. I was told by a wise soldier that if I cannot change an issue or problem, do not waste any time on it. The Bible says fear of the Lord is the beginning of wisdom. We must trust in the Lord with all of our heart including the path that He has for His people. If you have fear or are afraid, it is a sin against God because you do not trust in His plan.
I know we live in a critical juncture of time. I take peace in seeing the multitude of blessings that the Lord has given me and my family. This allows me to sleep well at night and devote my time to things that are important to His plan and our future.
Thank you, I did need reminding today.
My meager interpretation is the big valley bank didn’t have the assets to cover all, or at least, part of its money. The FDIC only covers $250,000 per depositor, and those depositors had much more.
As for The Silicon Vally Bank (SVB), for focus….
This is the PHARISEES, SADUCEES and SANHEDRIN group ACTING OUT their OUTRIGHT THEFT, thieving, stealing, robbing and financially raping people into destitution, devastation and demoralization.
This is the SAME group of absolutely, egregious criminal, diabolical and evil behavior that these Pharisees, Saducees, Sanhedrin practiced upon the people in the temples and ALWAYS CHEATED the people by stealing and not practicing fair weights and just measures.
The Gospel According to Matthew: Chapter 21 beginning with Verse 12:
12 “ And Jesus
(Yeshua, the Aramaic name for Jesus and Yahoshua/ Yahshua, the Hebrew name for Jesus- please, once again, the meaning of the word Hebrew means to cross-over and stop the worship of the Fallen Angels-Entities-Beings, pagan worship, idolatry…. The meaning of the word Hebrew does not mean Jew. The Adamic race was being deceived and lead astray from worshipping Yahweh God in the name of Christ Jesus/Christ Yahoshua-Yahshua/ Christ Yeshua and Abraham whom was an Adamic Race Israelite genetic creation and a covenant was made. The story continues to unfold like chapters in a book with Yahweh God’s promises being fulfilled).
(Scripture continued)
(Jesus) entered the temple of (Yahweh) God and drove out all who sold and bought in the temple, and he overturned the tables of the money-changers and the seats of those who sold the pigeons. 13. He said to them, “It is written, ‘My house shall be called a house of prayer;’ but you make it a den of robbers.”
So, the MONEY-CHANGERS have deemed it time to collect on this branch/bank.
Silicon Valley Bank:
Jeffrey Leerink, CEO of Silicon Valley Bank Securities
Michael Zuckert , General Counsel of Silicon Valley Bank
Eric Benhamou and Joel Friedman, Directors of the Silicon Valley Bank.
They’re top cheerleader and handsomely paid, and very much watched on the tele-programming-vision-do-as-they-tell-you-because!!! They truly believe that they are gods, little ‘g,’ Cramer said a month or six to eight weeks ago, to buy Silicon Valley Bankstock.
Furthermore, the number of the address is 3003.
This is important in regards that they covertly signal to one another.
There are two messages to be gleaned here: the number 33.
The second is the mirror imaging: 30 03.
Oh, how they love utilizing mirror imaging in their Q abbalistic ritual magic/black magic & Zohar.
Just as we are in the year 2023. When one drops the zero, we have the mirror image of 322.
Genesis Chapter 3 Verse 22:
22”Then the Lord God said, “Behold, the man has become like one of us, knowing good and evil; and now, lest he put forth his hand and take also of the tree (think seed-line, family tree, mingling with the seed of the fallen angels-entities-beings…)of life, and eat, and live for ever”—
Thank you for you time.