Bank Failure Friday: Tioga-Franklin Savings Bank Philadelphia, PA Seized by FDIC

And here we go boys and girls, once again. Is this the start of the 13 plus per month like we saw in the teeth […]

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 […]