
Deposit-Based Bailout Is "Bad Policy"-
• https://www.zerohedge.com by Tyler Durden- Regional Banks Continue Slump After Ackman Warns Of "False Sense Of Confidence"
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- Regional Banks Continue Slump After Ackman Warns Of "False Sense Of Confidence"
You Are VULNERABLE And Should EXIT BANKING NOW!!!
-But Who Is Going To Bail Out The Big Banks When They Start Failing?
The Federal Reserve has announced a timeline for the launch of its long-awaited FedNow payment service that will let banks offer customers instantly available funds and execute real-time payments, with critics flagging concerns like lack of cross-bor
Welcome to New World Next Week – the video series from Corbett Report and Media Monarchy that covers some of the most important developments in open source intelligence news. This week:
After the implosion of the FTX crypto exchange run by Sam Bankman Fried, questions of due diligence and competency immediately arose, suggesting that perhaps the company mishandled assets "accidentally" and that Fried was naive and "in over his
Despite a $30 billion deposit injection from the 'big banks' yesterday, First Republic Bank shares are tumbling once again this morning prompting many of the institutions involved to consider a purchase of the beleaguered bank.
Very few seem to think a CBDC could be imposed within the next few weeks. Two days ago, I awoke, maybe after a nightmare, with a very plausible and disturbing answer to this question, "how could the cabal of criminally insane technocratic tyrants i
Another bank just failed....Government is in panic...Will try anything to head off a bank run.
Update (21:00ET): And so, the "bailout" arrives just a few hours before the Europe open, Credit Suisse said it's planning to borrow from the Swiss National Bank up to CHF50 billion ($54 billion) under a covered loan facility which is "fully collate
PLANNED DEMOLITION? Biden and FDIC BLOCKED efforts by private buyers to take over Silicon Valley Bank before it collapsed
High inflation. Fear of recession. Disruptions, like the collapse of Silicon Valley Bank. How did the U.S. economy get here?
'Net Zero', what does it mean? Does anyone know? Who dreamt up this slogan?
Move over China Joe. Comrade Joe has made his appearance on the national stage, declaring, "That's how capitalism works," a reference to the banking "crisis" he created and his people knew was coming.
Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907.
James Corbett (Corbett Report) on the banking collapse(s), The Weaponization of Psychology, Decentralized Communication, #Solutions, world news, etc...
The disinformation service, Bloomberg, takes the lead. Bloomberg points its finger at Donald Trump and "Trump era deregulation."
Shares of embattled bank Credit Suisse hit another all-time low for a second consecutive day.
Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment'
President Biden's attempt to reassure Americans that the US banking sector is doing just fine had the opposite effect: banking stocks plunged after he spoke.
Biden Admin. Bank Bailout Effectively "Guaranteed the Entire Deposit Base of the US Financial System"
Israeli firms managed to transfer $1 billion out of Silicon Valley Bank to accounts in Israel just before the bank was seized by the feds, the Times of Israel reports.
They censored social media to prevent the public from learning the truth about COVID, vaccines, and accompanying mandates.
I was planning on publishing a different piece on something else this morning, but given the news over the last half hour I figured I would pen a quick note about the impending Credit Suisse mess.
-related social justice groups before it collapsed - while failed Signature Bank gave $850,000
In contrast to billionaire Bill Ackman's praise for the federal government's bailout of SVB depositors, Citadel founder Bill Griffin is not impressed, telling The FT that this action by US regulators shows American capitalism is "breaking down befo
Imagine that for the last 100 years, the federal government's policy was to bail out every business that was in danger of going under.
Strange things are happening in the calm before the storm…
Strange things are happening in the calm before the storm…
There has been an avalanche of information and numerous theories circulating the past few days about the fate of a bank in California know as SVB (Silicon Valley Bank).