Executives at the doomed Signature Bank produced a Broadway-style musical video to launch the firm in the early 2000s — and its song branded the bank “the stupidest idea I ever heard” and even quipped that it could “diminish and fail.”
Clips of the musical number — now dripping with irony after regulators stepped in over the weekend and took control of the New York-based firm in a bid to stave off a US banking crisis — resurfaced online and went viral this week.
This is a video that Signature Bank made before they collapsed
Kind of in awe pic.twitter.com/C6iS7FT0Xz
— No Bailouts Poso 🚫💰 (@JackPosobiec) March 14, 2023
