brosako

brosako OP t1_jdbmpr4 wrote

I mean comparing to other stonks, FRC has real customers, they are super happy.

Ok, some cashed out, but still deposits on sheet are huge. Gap is filled by Fed. I can not see how these guys are going out of business…

Something similar with BAC years ago when Buffet backed them

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brosako OP t1_jdbmjv5 wrote

But what’s point to back bank and send to foreclosure? They must have problems with taking those billions later.

I just have a feelings big 4 looked into their sheets and like dude these guys haven’t done anything wrong besides placing funds in safe bonds, their customers are super attached to them, even after bank run holding 100B$ that’s still good amount. Basically they need couple years to make money back.

I just can’t see how these guys are going out of business.

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