ON AIR NOW
Click to Play
Bitcoin Cash: $ USD
After repeated laments by the likes of Bill Ackman, who most recently said that "I continue to believe that the best course of action is a temporary @FDICgov deposit guarantee until an updated insurance regime is introduced"
It's only appropriate that the day after the weekly dose of doom and gloom from Marko Kolanovic and Mike Wilson, that stocks soar to the highest level in almost two weeks.
The Federal Reserve has managed to aggressively raise interest rates and tighten financial conditions so much that it sparked a regional banking crisis and unleashed contagion in European banks.
The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history. Just two days following SVB's collapse, Signature Bank joined the record books as the third largest bank failure in US history.
I've been warning Bitcoiners that we needed to be the adults of finance for quite some years, and I'm pleased to say that we've come a long way in that direction. I still see more juvenille behavior than I'd like, but progress has clearly bee
- OVER 20 PRIVATE JETS LAND IN OMAHA ON SATURDAY
Swiss Bank Fails! Bail-ins Implemented as Seniors' Pensions Raided – Chaos in Europe as France Burns
ANOTHER Bank Collapse! - NO WONDER WHY! - Meet the Head of Investment!
They are desperately trying to plug one leak in the system after another, but what happens if the entire system suddenly comes crashing down all around them?
WILL GOLD RALLY? - Banking Crisis Could Lead To Opportunities!
WILL GOLD RALLY? - Banking Crisis Could Lead To Opportunities!
"The market stops panicking when central banks start panicking"
Typically, financial crises, as in the sort that might or actually do impair the banking system, are the result of leveraged speculation. Is this one of those rare instances when this time might actually be different, via rising wealth inequality cre
Host:
Ernest Hancock
Dr Phranq Tamburri (The Trump Report) on the banking collapse, solutions, prepping, surviving the collapse, education, communications, Trump, Ukraine/Russia mess, ChatGPT/Chatbots, AI Technology, #OccupyTheLand, etc...
Banking Collapse Explained for Dummies
Breaking News...Midsize banks are worried about a bank run...Asking FDIC for help
Treasury Secretary Janet Yellen's recently announced policy to safeguard all uninsured deposits at failing banks deemed to be a "systemic risk" to the U.S. economy would destroy smaller financial institutions while simultaneously bailing out C
Why would you throw-in the towel now? We are referring to the Fed's belated battle against inflation, which evidences few signs of having been successful.
What do you call it when an 80-year-old seeks the advice of a 92-year-old?
So much for Credit Suisse thinking it has leverage by balking at the proposed CHF0.25 offer from UBS.
An FDIC spokesperson has denied suggestions that any potential buyer of Signature Bank must agree to give up all cryptocurrency business as part of the sale.
First Republic Bank was rescued with $30 billion worth of deposits from 11 banks after it faced a falling stock price and fleeing depositors, the Treasury, Federal Reserve, Federal Deposit Insurance Corp., and the Office of the Comptroller of the Cur
Update (1345ET): At least four major banks including Societe Generale and Deutsche Bank have placed restrictions on their trades involving Credit Suisse or its securities, Reuters reports, citing five unidentified people with direct knowledge of the
Regional banks in the US have been outperforming their larger counterparts this month, but that is likely to soon reverse as their larger exposure to real-estate becomes a hindrance.
Banks borrowed a combined $164.8 billion from two Federal Reserve backstop facilities in the most recent week, a sign of escalated funding strains in the aftermath of Silicon Valley Bank's failure.
First Republic shares plunge 30% as $30B rescue deal fails to calm investor fears and Dow drops 380 points
Treasury Secretary Janet Yellen told senators that government refunds of uninsured deposits will not be extended to every bank that fails, only those that pose systemic risk to the financial system.
Treasury Secretary Janet Yellen told senators that government refunds of uninsured deposits will not be extended to every bank that fails, only those that pose systemic risk to the financial system.
The US Federal Reserve has increased its balance sheet by about $300 billion in the last week during the banking crisis.
In the past week, DoubleLine CEO and founder Jeffrey Gundlach has had a lot to say as the US banking system collapse and bailout enjoins Europe's banking crisis leaving central banks' inflation-fighting plans in question.
