Bank Reg Blog What happens to intrafi valuation if this passes?

The $NVDA CoreWeave fraud just hit a new milestone. On September 9, $CRWV signed a $6.3 billion deal with Nvidia. Per the deal terms, Nvidia is obligated to purchase any spare capacity that CW is unable to sell to end customers. This seems to be a clever way to skirt

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Will $APP be this cycle’s Enron?

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As promised yesterday, today we'll be taking a look at Carvana's prime auto receivables trust 2025-P3. Unlike non-prime (N), prime (P) packaged loans consist of borrowers with higher FICO scores. Here are the key points: - An average car is around $25,000 (slightly more

Is $APP going to be this cycle’s Enron?

Banks have couple hundred million in exposure to recent issues. NDFIs, a couple billion. But sure, let’s blame banks Bloomberg

It’s called “The Wall Street Journal” and not “The Main Street Journal” for a reason: the The Wall Street Journal Editorial Board has a built-in bias towards big banks. That bias was on full display this month in an editorial that shrugged off the damage Dodd-Frank has inflicted on small and

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A banker at a small, inefficient private bank is pressing French Hill not to increase deposit insurance, because banking is built on trust. True - customers trust the mega banks, and businesses convert their underinsured business deposit to $JPM…

Final thought as Intrafi cheers on this banker - banks don’t get started anymore. Fintechs and private funds do. Why is that? And her bank is “trusted” but barely earns its cost of capital. US Banks are slowly dying off under the current regime.

Isn’t it amazing how the only company (IntraFi) in America who benefits from keeping FDIC limits low is the loudest cheerleader for today’s testimony from Jill Castilla. It almost seems like she’s trying to keep their business intact I’m sure I don’t even have to look to see

Jill Castilla French Hill In a panic, perception > reality. Without deposit insurance reform, this will happen again. Yes, you benefit from being private but a functioning capital market system is necessary to facilitate to the growth of the sector and the economy. I do know what I am talking about here.

Jill Castilla French Hill What I am saying is that in a panic people shoot first and ask questions later - many publicly traded banks made the same case you make but still saw their valuations eviscerated with many yet to recover - capital has left the small bank sector and won't come back without reform

Jill Castilla French Hill It is evident to me that despite the rhetoric in DC we are still in a "rich get richer" mindset where the largest banks will attract the most capital, enabling them to spend the most money and enabling them to hoover up the most market share

After this administration, we can pass a law making it illegal for the President and his family to raise a billion dollars, or any dollars, selling crypto investments. Or paintings, book deals, insider trades etc. Just pay politicians more and incent honest people.

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