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The ever increasing CBIT “Omnibus” account. $1.2 billion and climbing?
As opposed to the last post, this post will be much more technical in nature. It still involves a mysterious, rapid increase of money. Which I think is pretty interesting. That said, one can’t always sizzle with gun smuggling and fake Harvard MBAs! Keeping this as brief and digestible as possible, the majority of this…
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Fake Harvard MBAs, Gun Smuggling, Bombs for Vietnam, and the Last (publicly traded) Crypto Bank Standing. Meet Customers Bancorp.
I don’t have a Harvard MBA, and neither does Jay Sidhu! I’ve been poking around Customers Bancorp ($CUBI) for a long time. There is very little information on this bank. It’s big, but not huge. $21.3 billion in assets. You should be familiar with what happened to Signature Bank, and Silvergate Bank. They were both…