Why did Signature get shut down?
“There is no publicly available information on why Signature Bank was shut down by NYDFS.
The press release cites New York Banking Law Section 606, which is a laundry list of conditions under which the superintendent may seize possession of the bank.
What exactly happened?
Barney Frank, author of the eponymous Dodd-Frank bill that reshaped the financial industry in the wake of the GFC, sat on the Board of Signature.
Even he doesn’t know why they got shut down.”
“There is no publicly available information on why Signature Bank was shut down by NYDFS.
The press release cites New York Banking Law Section 606, which is a laundry list of conditions under which the superintendent may seize possession of the bank.
What exactly happened?
Barney Frank, author of the eponymous Dodd-Frank bill that reshaped the financial industry in the wake of the GFC, sat on the Board of Signature.
Even he doesn’t know why they got shut down.”
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me after janet yellen restarted the bull market
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inactive crypto influencer accounts when the bull market comes back
😁11
Bitcoin Archive Twitter reveals its wokeness
instantly shredded in the replies
instantly shredded in the replies
💯9🤣4