Los Angeles’s Far East Bank is about to get a large, unscheduled withdrawal (Heat, 1995).
(more…)Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
The Last Days Of First Republic
SNAP, Crackle Pop
Note: SNAP just released earnings and is trading below $8.70 after hours now. Assuming SNAP stays below $9.50 tomorrow, as seems likely, we will collect the maximum gain on this trade.
(more…)Profiting From First Republic’s Fall
“You’re thinking of this place all wrong, as if I had the money back in a safe. Your money’s in Web3 innovations, it’s in startups empowering women” —Delicious Tacos,riffing on the bank run scene in “It’s a Wonderful Life”.
(more…)Why Extending Deposit Insurance Won’t Save The Banks
