Dismal's Smacks

🌙 ☀️

Sign in Subscribe

Sunshine meeting notice for meting that the public interest did not require consideration & already occurred today at 11:16a.m., considered RESOLUTION activities. Bank fail?

r/Superstonk - FDIC Alert! Sunshine meeting notice for meting that the public interest did not require consideration of & already occurred today at 11:16a.m., & considered supervision, corporate, and RESOLUTION activities, with the paperwork for the meeting that already occurred, filed today at …

https://public-inspection.federalregister.gov/2023-16306.pdf

r/Superstonk - FDIC Alert! Sunshine meeting notice for meting that the public interest did not require consideration of & already occurred today at 11:16a.m., & considered supervision, corporate, and RESOLUTION activities, with the paperwork for the meeting that already occurred, filed today at …

A bank resolution occurs when authorities determine that a failing bank cannot go through normal insolvency proceedings without harming public interest

Resolution is a way to manage the failure of a bank, building society, or central counterparty.

TLDRS:

Sunshine meeting notice for meting that the public interest did not require consideration of and already occurred today at 11:16 a.m., and considered supervision, corporate, and resolution activities, with the paperwork for the meeting that already occurred, filed today at 4:15 p.m.
Fresh bank failure incoming!?!?!??!!?!?

r/Superstonk - FDIC Alert! Sunshine meeting notice for meting that the public interest did not require consideration of & already occurred today at 11:16a.m., & considered supervision, corporate, and RESOLUTION activities, with the paperwork for the meeting that already occurred, filed today at …

Read next

CFTC submits special filing to consider litigation matters

CFTC submits a special filing at 4:15 p.m. for a CLOSED meeting that occurred today at 4:00 p.m. to consider litigation matters.

The Commodity Futures Trading Commission (CFTC) held a closed meeting today at 4:00 p.m. to address litigation matters. A special filing regarding the meeting was submitted at 4:15 p.m. No further details about the litigation matters discussed were provided but it is always curious when they

The vast majority of community banks (96.7%) reported unrealized losses on securities.

FDIC Second Quarter Quarterly Banking Profile: "The vast majority of community banks (96.7%) reported unrealized losses on securities."

Today the FDIC released second quarter financial results in its latest Quarterly Banking Profile published today. U.S. commercial banks and savings institutions insured by the FDIC reported $71.5 billion in net income for Q2 2024, a $7.3 billion (11.4%) increase from the previous quarter, driven by

SEC Charges 6 Credit Rating Agencies with significant recordkeeping failures.

SEC Charges 6 Credit Rating Agencies with significant recordkeeping failures. The Firms admit to wrongdoing and agree to pay penalties totaling more than $49 million to settle SEC charges.

The Securities and Exchange Commission (SEC) announced charges against six nationally recognized statistical rating organizations (NRSROs) for failing to maintain and preserve electronic communications as required by federal securities laws. The firms admitted to the violations, agreed to pay over $49 million in combined civil penalties, and have begun implementing