The Banking Crisis is A LOT Worse than Reported Earlier

Now you can panic. Just about 3 hours ago, I reported on the letter from the mid-sized banks to the FDCI basically asking for a […]

FDIC Fridays are Back Baby: Silicon Valley Bank Seized by the FDIC for Liquidation

Ah, the classics and good old days always come back. Yeah, I think we can call this a “deathburger” event like we used to in […]

Silvergate Bank Goes Tango Uniform

There are times when you can say “see I told you so” and there are times you can say “by God you people are effing […]

Today’s Oil Market: America, We’ve Lost Texas

20.04.20 23:10 ET Pardon my oldness, but the Bloodhound Gang said it best: Yeah, this isn’t and did not end well. The United States of […]

The 2nd Bank Failure of 2020 Happened Last Friday

07.04.20 23:00 ET A sign of problems past appears again this past Friday as the CoronaCrash begins to accelerate. Is this the beginning of this […]