U names Ettinger interim president

[WindyCityGopher]

 

[A_Slab_of_Bacon]

Hormel


New stadium sponsorship incoming…. Spam Stadium

/s

 

[The SF Rock]

This is Spam Country!

 

[GopherRock]

So will the Hormel Row of Fame be migrating to the New Brickhouse?

 

[proudgopher]

Gabel was in over her head. Hope this works out.

 

[Word]

Gabel was in over her head. Hope this works out.

He's in interim president, so either way, it won't be for very long.

 

[fmlizard]

This is Spam Country!

With regional banks like Huntington teetering on the brink, we could be closer to Your Minnesota Golden Gophers running into SPAM Stadium than you think.

 

[fmlizard]

Hormel


New stadium sponsorship incoming…. Spam Stadium

/s

Gopher Fans welcome to the Hormel Chili Bowl...IS YOUR CHILI HOT!?!?!?!

 

[The SF Rock]

With regional banks like Huntington teetering on the brink, we could be closer to Your Minnesota Golden Gophers running into SPAM Stadium than you think.

Few people know or understand how true that issue is. Someone wants to consolidate the banks into a few national mega banks. Needs to be tOTB fodder.

 

[fmlizard]

Few people know or understand how true that issue is. Someone wants to consolidate the banks into a few national mega banks. Needs to be tOTB fodder.

Both Huntington (HBAN) and US Bancorp (USB) are among the banks with the worst exposure to the duration / deposit base risk that have toppled 3 major regional banks already. Some new venue names could be coming to town.

 

[Holy Man]

Gopher Fans welcome to the Hormel Chili Bowl...IS YOUR CHILI HOT!?!?!?!

Horm’l or Horm-el?

 

[WAGopher]

Horm’l or Horm-el?

Only the people in Austin know for sure!

 

[GoldenUMNGopher]

Both Huntington (HBAN) and US Bancorp (USB) are among the banks with the worst exposure to the duration / deposit base risk that have toppled 3 major regional banks already. Some new venue names could be coming to town.

Uh no...Huntington is a small fry compared to USB. USB is 5th largest bank they are going no where.

 

[Gophers_4life]

Unless this guy has a legit chance to become the permanent replacement, I'm not sure this is worthwhile news?

Maybe he does and should?

 

[The SF Rock]

I’ve been with Wells Fargo since the early 80’s. I don’t like the moves they are making.

 

[hungan1]

Heavenly Meat Stadium.

 

[fmlizard]

Uh no...Huntington is a small fry compared to USB. USB is 5th largest bank they are going no where.

US Bank is roughly the same size ($650B assets) as Wachovia Bank was in 2008 when they went under and were absorbed by Wells Fargo. Figuring for inflation Wachovia was bigger then. I'm not saying it's likely, but US Bank isn't too big to fail, or too big to be bought out. USB is in an ugly place on the "Michael Burry Chart"

 

[Gophers_4life]

US Bank is roughly the same size ($650B assets) as Wachovia Bank was in 2008 when they went under and were absorbed by Wells Fargo. Figuring for inflation Wachovia was bigger then. I'm not saying it's likely, but US Bank isn't too big to fail, or too big to be bought out. USB is in an ugly place on the "Michael Burry Chart"

Something was happening around 2008 that is still much, much worse than what is currently happening, wouldn't you say?

 

[PMWinSTP]

Unless this guy has a legit chance to become the permanent replacement, I'm not sure this is worthwhile news?

Maybe he does and should?

Not worthwhile...really?

 

[PMWinSTP]

Hormel has a bunch of brands. Skippy Stadium?

 

[fmlizard]

Something was happening around 2008 that is still much, much worse than what is currently happening, wouldn't you say?

Yes, it was worse back then. Nobody's saying it's likely for US Bank to fold, but it could happen. The irony is that the better the economy gets (keeping rates elevated for longer) the more risk US Bank is under.

A recession is the relief a lot of these exposed banks need, but that's not happening with 3.4% unemployment.

Anyway, back to football and the U pres

 

[60's Guy]

Do we know how big of a basketball fan he is? 🫣

 

[rowdaboat]

Maybe each 10 yard section of the field can get branded as a different Hormel product like the Case IH Red one

 

[HoustonTXGopher]

Maybe Hormel could make bacon out of Floyd.

 

[hungan1]

Hormel's Pink Floyd Stadium. That's it!

 

[Ski U Mah Gopher]

Hormel has a bunch of brands. Skippy Stadium?

Isn't there already Skippy Field in St. Louis Park?

 

[60's Guy]

Isn't there already Skippy Field in St. Louis Park?

There certainly was....no idea if it is still there.

 

[Hates Monikers]

Gopher Fans welcome to the Hormel Chili Bowl...IS YOUR CHILI HOT!?!?!?!

The Hormel Chili Bowl is a great name for a stadium in Minnesota, trailing only the Wheaties Bowl and DQ Blizzard ... something.

 

[PMWinSTP]

Isn't there already Skippy Field in St. Louis Park?

Well, we have a Target Center and a Target Field so I think it works.

 

[A_Slab_of_Bacon]