Eastern Bankshares Untenable Holdings and the Veil of Financial Absurdity

In the actual process-I mean, the process that qualifies as such within the sprawling, opaque bureaucratic hive-the filing with the Securities and Exchange Commission (SEC) on a day marked by the meaningless chronology of November 13 reveals nothing more than the continued inflation of a shadowy figure-HoldCo, now holding a stake valued at approximately $116.32 million-though whether this figure meaningfully represents something tangible, or merely a fragment of the endless, recursive game, remains open to question. It is, after all, the third quarter, a period that mirrors the cyclical rise and inevitable fall, yet also a testament to the insatiable appetite for accumulating holdings, as if such acts could somehow alter the relentless, creeping entropy of the financial universe.




