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Collapse of New York Community Bank


Title: Unraveling the Collapse of New York Community Bank: Lessons and Implications

Introduction

The collapse of a financial institution is always a cause for concern, with ripple effects that can impact the economy and the individuals who rely on its services. In recent years, New York Community Bank (NYCB) experienced a major setback, ultimately resulting in its collapse. This article aims to shed light on the circumstances surrounding NYCB’s collapse, the lessons learned, and the broader implications for the banking industry.

The Background

User Comments

Ah, this ZH article is not choke-full of trash links, for once!
...or, an IPO is a cash grab. It's free money - somebody will *buy* the stock, and the monies will go to the stock issuer. The valuation doesn't matter, disconnect from reality doesn't matter - let's slap a number on it, and public-offer it, so that the public can spend their money on it.

Nobody is complaining that a company with zero revenue, or a company with zero profit, should be trading at zero value. Thousands of zombie companies don't mind. They just incur more debt, and keep chugging along, often at astronomical valuations.

In fact, Anthropic would be foolish to not do the same. So the only guestion from this article is the valuation: it says, $2T? Well... The price action doesn't have to be connected to reality, there are many mechanics that allows powers that be to influence the price. Which is to say, even if the price is not justified, doesn't mean that the price will fall.

And even if it does fall - who would lose? Not the stock issuer! You would lose, if you buy in at an unfortunate time. Or you would gain, if you are fortunate.

Valuations drive inflation. If a valuation of a centrail piece of intrastructure/enterprise is astonomical, you can expect prices of everything to soon catch up. We have seen inflation jump in Biden years, and we can see it again.
...or, an IPO is a cash grab. It's free money - somebody will *buy* the stock, and the monies will go to the stock issuer. The valuation doesn't matter, disconnect from reality doesn't matter - let's slap a number on it, and public-offer it, so that the public can spend their money on it.

Nobody is complaining that a company with zero revenue, or a company with zero profit, should be trading at zero value. Thousands of zombie companies don't mind. They just incur more debt, and keep chugging along, often at astronomical valuations.

In fact, Anthropic would be foolish to not do the same. So the only guestion from this article is the valuation: it says, $2T? Well... The price action doesn't have to be connected to reality, there are many mechanics that allows powers that be to influence the price. Which is to say, even if the price is not justified, doesn't mean that the price will fall.

And even if it does fall - who would lose? Not the stock issuer! You would lose, if you buy in at an unfortunate time. Or you would gain, if you are fortunate.

Valuations drive inflation. If a valuation of a centrail piece of intrastructure/enterprise is astonomical, you can expect prices of everything to soon catch up. We have seen inflation jump in Biden years, and we can see it again.
...or, an IPO is a cash grab. It's free money - somebody will *buy* the stock, and the monies will go to the stock issuer. The valuation doesn't matter, disconnect from reality doesn't matter - let's slap a number on it, and public-offer it, so that the public can spend their money on it.

Nobody is complaining that a company with zero revenue, or a company with zero profit, should be trading at zero value. Thousands of zombie companies don't mind. They just incur more debt, and keep chugging along, often at astronomical valuations.

In fact, Anthropic would be foolish to not do the same. So the only guestion from this article is the valuation: it says, $2T? Well... The price action doesn't have to be connected to reality, there are many mechanics that allows powers that be to influence the price. Which is to say, even if the price is not justified, doesn't mean that the price will fall.

And even if it does fall - who would lose? Not the stock issuer! You would lose, if you buy in at an unfortunate time. Or you would gain, if you are fortunate.

Valuations drive inflation. If a valuation of a centrail piece of intrastructure/enterprise is astonomical, you can expect prices of everything to soon catch up. We have seen inflation jump in Biden years, and we can see it again.
...or, an IPO is a cash grab. It's free money - somebody will *buy* the stock, and the monies will go to the stock issuer. The valuation doesn't matter, disconnect from reality doesn't matter - let's slap a number on it, and public-offer it, so that the public can spend their money on it.

Nobody is complaining that a company with zero revenue, or a company with zero profit, should be trading at zero value. Thousands of zombie companies don't mind. They just incur more debt, and keep chugging along, often at astronomical valuations.

In fact, Anthropic would be foolish to not do the same. So the only guestion from this article is the valuation: it says, $2T? Well... The price action doesn't have to be connected to reality, there are many mechanics that allows powers that be to influence the price. Which is to say, even if the price is not justified, doesn't mean that the price will fall.

And even if it does fall - who would lose? Not the stock issuer! You would lose, if you buy in at an unfortunate time. Or you would gain, if you are fortunate.

Valuations drive inflation. If a valuation of a centrail piece of intrastructure/enterprise is astonomical, you can expect prices of everything to soon catch up. We have seen inflation jump in Biden years, and we can see it again.
...or, an IPO is a cash grab. It's free money - somebody will *buy* the stock, and the monies will go to the stock issuer. The valuation doesn't matter, disconnect from reality doesn't matter - let's slap a number on it, and public-offer it, so that the public can spend their money on it.

Nobody is complaining that a company with zero revenue, or a company with zero profit, should be trading at zero value. Thousands of zombie companies don't mind. They just incur more debt, and keep chugging along, often at astronomical valuations.

In fact, Anthropic would be foolish to not do the same. So the only guestion from this article is the valuation: it says, $2T? Well... The price action doesn't have to be connected to reality, there are many mechanics that allows powers that be to influence the price. Which is to say, even if the price is not justified, doesn't mean that the price will fall.

And even if it does fall - who would lose? Not the stock issuer! You would lose, if you buy in at an unfortunate time. Or you would gain, if you are fortunate.

Valuations drive inflation. If a valuation of a centrail piece of intrastructure/enterprise is astonomical, you can expect prices of everything to soon catch up. We have seen inflation jump in Biden years, and we can see it again.
...or, an IPO is a cash grab. It's free money - somebody will *buy* the stock, and the monies will go to the stock issuer. The valuation doesn't matter, disconnect from reality doesn't matter - let's slap a number on it, and public-offer it, so that the public can spend their money on it.

Nobody is complaining that a company with zero revenue, or a company with zero profit, should be trading at zero value. Thousands of zombie companies don't mind. They just incur more debt, and keep chugging along, often at astronomical valuations.

In fact, Anthropic would be foolish to not do the same. So the only guestion from this article is the valuation: it says, $2T? Well... The price action doesn't have to be connected to reality, there are many mechanics that allows powers that be to influence the price. Which is to say, even if the price is not justified, doesn't mean that the price will fall.

And even if it does fall - who would lose? Not the stock issuer! You would lose, if you buy in at an unfortunate time. Or you would gain, if you are fortunate.

Valuations drive inflation. If a valuation of a centrail piece of intrastructure/enterprise is astonomical, you can expect prices of everything to soon catch up. We have seen inflation jump in Biden years, and we can see it again.
...or, an IPO is a cash grab. It's free money - somebody will *buy* the stock, and the monies will go to the stock issuer. The valuation doesn't matter, disconnect from reality doesn't matter - let's slap a number on it, and public-offer it, so that the public can spend their money on it.

Nobody is complaining that a company with zero revenue, or a company with zero profit, should be trading at zero value. Thousands of zombie companies don't mind. They just incur more debt, and keep chugging along, often at astronomical valuations.

In fact, Anthropic would be foolish to not do the same. So the only guestion from this article is the valuation: it says, $2T? Well... The price action doesn't have to be connected to reality, there are many mechanics that allows powers that be to influence the price. Which is to say, even if the price is not justified, doesn't mean that the price will fall.

And even if it does fall - who would lose? Not the stock issuer! You would lose, if you buy in at an unfortunate time. Or you would gain, if you are fortunate.

Valuations drive inflation. If a valuation of a centrail piece of intrastructure/enterprise is astonomical, you can expect prices of everything to soon catch up. We have seen inflation jump in Biden years, and we can see it again.
...or, an IPO is a cash grab. It's free money - somebody will *buy* the stock, and the monies will go to the stock issuer. The valuation doesn't matter, disconnect from reality doesn't matter - let's slap a number on it, and public-offer it, so that the public can spend their money on it.

Nobody is complaining that a company with zero revenue, or a company with zero profit, should be trading at zero value. Thousands of zombie companies don't mind. They just incur more debt, and keep chugging along, often at astronomical valuations.

In fact, Anthropic would be foolish to not do the same. So the only guestion from this article is the valuation: it says, $2T? Well... The price action doesn't have to be connected to reality, there are many mechanics that allows powers that be to influence the price. Which is to say, even if the price is not justified, doesn't mean that the price will fall.

And even if it does fall - who would lose? Not the stock issuer! You would lose, if you buy in at an unfortunate time. Or you would gain, if you are fortunate.

Valuations drive inflation. If a valuation of a centrail piece of intrastructure/enterprise is astonomical, you can expect prices of everything to soon catch up. We have seen inflation jump in Biden years, and we can see it again.
...or, an IPO is a cash grab. It's free money - somebody will *buy* the stock, and the monies will go to the stock issuer. The valuation doesn't matter, disconnect from reality doesn't matter - let's slap a number on it, and public-offer it, so that the public can spend their money on it.

Nobody is complaining that a company with zero revenue, or a company with zero profit, should be trading at zero value. Thousands of zombie companies don't mind. They just incur more debt, and keep chugging along, often at astronomical valuations.

In fact, Anthropic would be foolish to not do the same. So the only guestion from this article is the valuation: it says, $2T? Well... The price action doesn't have to be connected to reality, there are many mechanics that allows powers that be to influence the price. Which is to say, even if the price is not justified, doesn't mean that the price will fall.

And even if it does fall - who would lose? Not the stock issuer! You would lose, if you buy in at an unfortunate time. Or you would gain, if you are fortunate.

Valuations drive inflation. If a valuation of a centrail piece of intrastructure/enterprise is astonomical, you can expect prices of everything to soon catch up. We have seen inflation jump in Biden years, and we can see it again.