Michael_Taylor
1.4K posts
Michael_Taylor
@Michael_Taylor
Author https://t.co/AXYEsyiAi8 Columnist https://t.co/ON64kNBVRf podcast: https://t.co/ARjjaciSiY
San Antonio Katılım Temmuz 2008
660 Takip Edilen491 Takipçiler
“As it has been applied, [it] is an artifact of an era of exclusionary land use and redlining. … Placing a supermajority threshold for the purposes of giving some members of the community an outsized voice to exclude people is, in my view, anti-democratic.” - @Ron_Nirenberg
Jon Taylor@ProfJonTaylor
How a 100-year-old, 'anti-democratic' law is killing Texas housing projects -- @viviris @SAReport sanantonioreport.org/how-a-100-year…
English
Me getting excited about $DJT
Taylor: My excitement over Trump Media and its Truth Social has me channeling the ex-president expressnews.com/business/colum…
English
Michael_Taylor retweetledi
Taylor: Texas thwarts a scientific approach to poverty reduction, offers a misleading reason for it -- @Michael_Taylor @expressnews
expressnews.com/business/colum…
English
In which I once again attempt to write up the nerdiest bank regulatory stuff I can, for a generalist audience. Why am I so boring???
Taylor: Is Basel III Endgame the next hot video game? No, but pull up a chair and I'll explain. expressnews.com/business/colum… via @expressnews
English
Michael_Taylor retweetledi
3 subsidiary banks of Texas-based Industry Bancshares fighting allegations leveled by regulator trib.al/bMSEaqX
English
Who could have predicted this from the mayor who wanted to make Miami a crypto hub and the leading proponent of "MiamiCoin?"
Investigators are looking into Miami Mayor Francis Suarez’s lucrative side jobs news.yahoo.com/investigators-… via @YahooNews
English
Another article worth sharing: Someone sent me @Michael_Taylor's September 2023 column explaining the financial deterioration of Industry Bancshares' subs to the general news readers of the @ExpressNews in a concise and understandable manner.
expressnews.com/business/colum…
Kiah Lau Haslett is a bank reporter (she/her)@khaslett
The @USOCC has given 3 subs of Industry Bancshares C&Ds for their long-term securities concentration that has led to "excessive interest rate risk without sufficient sources of contingency funding and contingency capital." The @WSJ profiled the bank in December.
English
Michael_Taylor retweetledi
C&D 1: occ.gov/static/enforce…
2: occ.gov/static/enforce…
3: occ.gov/static/enforce…
WSJ article: wsj.com/finance/bankin…
English
My latest: Few banks in the country are as upside-down today as Industry Bancshares. But that isn't stopping the Texas company from fighting one of its regulators for what it called "regulatory overreach." americanbanker.com/news/fight-bet…
English
@polorocha18 Just to add some background from a November story expressnews.com/business/colum…
English
Regulators today went after a Texas chain of rural banks for putting itself in treacherous waters. It bought a bunch of ultra-safe bonds that...aren't so safe when interest rates rise.
The bank was top-of-the-list in my March analysis of the issue.
americanbanker.com/news/how-inter…
English
English
@khaslett @polorocha18 @USOCC Hi Kiah, just to add some context to the story of these banks, here’s a piece I wrote about them in September:
expressnews.com/business/colum…
English
OK my pal @polorocha18 dropped everything to figure out why these C&Ds were SO BRUTAL (I mean read them).
Article here: americanbanker.com/news/fight-bet…
Interesting tidbits below, here we go:
Kiah Lau Haslett is a bank reporter (she/her)@khaslett
The @USOCC has given 3 subs of Industry Bancshares C&Ds for their long-term securities concentration that has led to "excessive interest rate risk without sufficient sources of contingency funding and contingency capital." The @WSJ profiled the bank in December.
English
English
@Michael_Taylor @ExpressNews Let’s go ahead and repost your article from Feb 2022…I think it’s time for a follow up story
English
Oh, 🤔
DeLorean CEO steps down; customers who paid to reserve 'Back to the Future' car push for information expressnews.com/business/artic… via @expressnews
English
Michael_Taylor retweetledi
@DaveCBenoit @ginaheeb For an earlier story on this bank, not behind a paywall.
bankers-anonymous.com/texas-2/troubl…
English
@ginaheeb which was a follow-up from my September original article on their deep AOCI negative number.
expressnews.com/business/colum…
English
@ginaheeb Hi Gina, I enjoyed your story. That particular bank has been very interesting to watch in TX. I wonder if the CEO and board chair mentioned exactly why their customers and shareholder ask about the meaning of "negative net worth?" My story from November: expressnews.com/business/colum…
English
Crunched by the Fed's rapid interest-rate increases, hometown banks across rural America now reckoning with decisions they made when money was abundant and rates were low.
In Industry, Texas, population 200-something, the local lender is underwater. on.wsj.com/3RFxmE8
English
Well well well, look who noticed a small-town TX banking company….
wsj.com/finance/bankin…
English