FRC
First Republic Bank
stock NYSE

There's no trade brother, not unless the absolute top level people decide to push junk bonds onto national banks not part of the big boys table and let them die on purpose. Because just like 2008, they all know what's happening and it's crime all over, but the administration and the Feds refuse to let the sky fall.
I'm not THAT terminally online, but online enough that I remember seeing you post since at least 2022. You should remember the Q1 2023 bank run; people found the SVB short play because those idiots loaned money to FTX. Their collapse led to a bank run hunting, that's when CMBS came into the spotlight. FRC collapse was suppose to be the first of many, and was suppose to cause an '08 level recession. But they just dissected the assets(aka the toxic debt problem) and have different banks each take one part of the asset to equally share the problem and made it all disappear.
I'm guessing with the recent renewed interest in CMBS again, we may or may not see at least one bank get pushed out to be the scapegoat for the year. [Check the latest list for banks with most CMBS exposure](https://www.americanbanker.com/list/20-u-s-banks-with-the-largest-commercial-real-estate-loan-volume), then focus only on the national banks because they have the least amount of ways to escape from bank runs(no foreign assets for them to draw from). EWBC and OZK almost got pulled down by FRC crash, who knows if they can survive this time round when their names are on the list.

There's no trade brother, not unless the absolute top level people decide to push junk bonds onto national banks not part of the big boys table and let them die on purpose. Because just like 2008, they all know what's happening and it's crime all over, but the administration and the Feds refuse to let the sky fall.
I'm not THAT terminally online, but online enough that I remember seeing you post since at least 2022. You should remember the Q1 2023 bank run; people found the SVB short play because those idiots loaned money to FTX. Their collapse led to a bank run hunting, that's when CMBS came into the spotlight. FRC collapse was suppose to be the first of many, and was suppose to cause an '08 level recession. But they just dissected the assets(aka the toxic debt problem) and have different banks each take one part of the asset to equally share the problem and made it all disappear.
I'm guessing with the recent renewed interest in CMBS again, we may or may not see at least one bank get pushed out to be the scapegoat for the year. [Check the latest list for banks with most CMBS exposure](https://www.americanbanker.com/list/20-u-s-banks-with-the-largest-commercial-real-estate-loan-volume), then focus only on the national banks because they have the least amount of ways to escape from bank runs(no foreign assets for them to draw from). EWBC and OZK almost got pulled down by FRC crash, who knows if they can survive this time round when their names are on the list.