Signature Financial institution, as soon as upon a time, was assured they would not go below — however now that that is occurred … their outdated skits and music movies are being seen as a crystal ball.
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Two totally different filmed initiatives that the failed NY-based financial institution produced years in the past are below a microscope of irony within the wake of the feds stepping in after their infrastructure collapsed this weekend … the identical approach Silicon Valley Financial institution did, and that others could do too.
The clips — one being a sketch, one other being a Broadway-style music video — are oozing with cringe-worthy conviction … however additionally they seem to incorporate some predictionary strains.
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Signature Financial institution
For example, in a single sketch the place everybody’s sitting round and brainstorming methods to start out Signature Financial institution … you hear them discuss in regards to the dangers of their shared enterprise, and so they say (with some fear) that it might “diminish and fail.” Additionally they focus on constructing Signature from “scratch” … and riff that they may want a ‘ Construct a Financial institution for Dummies?’ e-book.
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Clearly, that sort of instruction handbook would’ve turn out to be useful contemplating how every little thing’s gone since then. The musical quantity they did is simply as embarrassing although. It is a enjoyable. parody of ‘Some Nights’ … and so they’re simply as righteous/loud as these fellas have been.
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The vibe … let’s deal with banking like a startup that may run on perception and enthusiasm. In gentle of all that is occurred, although, that philosophy clearly wasn’t sufficient to maintain ’em afloat.
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Because it seems … boring bankers who observe typical monetary knowledge are a secure guess! 😅