5/1/23 UPDATE 0426 ET: The financial world was saved from rampant speculation overnight as the rumors began to swirl around midnight on the savior of…
Posts tagged as “FDIC”
Europe is getting smoked this morning. Yesterday was a disastrous intraday reversal on meh volume. And the charts below indicate that Petula Clark will be…
There has been a lot of speculation as to why the second and third largest bank failures in US history occurred in the last ten…
I think I’ll just leave this here… Lines were seen outside a First Republic Bank branch in California, with worried customers wanting to withdraw funds…
Despite the extraordinary actions by the Federal Reserve and FDIC last night, the idea that shareholders and bondholders will be wiped out due to this…
The State of NY in coordination with the New York Federal Reserve has closed Signature Bank, the once free-wheeling crypto bank. From CNBC: Regulators close…
Apparently, the chicken has spoken: Never doubt the chicken. In reality there are some hints that something is happening: CNBC reports the following a little…
The headlines from the “financial” media were screaming loud and hot yesterday creating the type of panic and hyperbole unseen since the latter days of…
I don’t want to say this is bad, but just after 7:30 ET tonight, the stock was trading down, about 70%! Ouch. Then I saw…
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…
Congrats taxpayers of America! We’re all buying an insolvent crypto bank because someone said something to someone and look squirrel! The story from Bloomberg via…
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…