$29 billion deposited to commercial banks in the last week (May 10th-17th). $1,006 billion in deposits has been pulled since the all time hit 4/13/22. Since the run picked up momentum 2/22/2023, $538 billion in deposits have been pulled. A transitory break before accelerating again? May 27, 2023 4:11 pm
If Billion Dollar Brands Want to Commit Suicide, Let’s Help Them! Move Over Disney and Bud Light. Here’s the New #1 Target. May 27, 2023 8:17 am
Target’s internal employee email reports $9 billion loss in ONE WEEK after Pride month store promotion disaster May 27, 2023 8:07 am
Hedge funds record biggest outflows of year in April as investors pull $11.57 billion May 26, 2023 10:32 amMay 25, 2023 7:15 pm
DailyMail: “Anheuser-Busch has lost a staggering $15.7 BILLION in value since Bud Light controversy began – as rivals add $3.2b to their value and experts warn of beer SHORTAGE” May 24, 2023 8:07 pm
Has China awoken? “Carl Icahn’s wealth has plunged by $15 billion since a short-seller targeted him – but the activist investor says he’s ready to fight back” May 24, 2023 5:29 pm
Treasury could run out of cash by Friday… If spending continues at current elevated pace, the balance will be NEGATIVE $18 billion by Friday. May 23, 2023 10:07 pm
-$167.2 billion! From March 2023 to April 2023, M2 (U.S. money stock–currency and coins held by the non-bank public, checkable deposits, and travelers’ checks, plus savings deposits, small time deposits under 100k, and shares in retail money market funds) DECREASED by $167.2 billion. May 24, 2023 2:13 pmMay 23, 2023 9:14 pm
Trump Social Media Company Seeks Nearly $4 Billion in Damages From Newspaper Publication May 22, 2023 1:46 pm
Mark Zuckerberg and META Fined A RECORD $1.3 Billion by the EU for Violating Privacy Laws. May 22, 2023 9:35 am
Customers that banked at SVB’s offshore tax heaven Cayman Islands branch had their funds (13.9 Billion) seized by the FDIC May 21, 2023 8:12 am
$57 billion withdrawn from commercial banks in the last week (May 3rd-10th). Since 2/22/2023, $590 billion in deposits have been pulled. $1,058 billion in deposits has been pulled since the all time hit 4/13/22. The bank run continues and picks up speed! May 22, 2023 7:52 amMay 20, 2023 7:32 am
Federal Deposit Insurance Corporation (FDIC) Alert! FDIC is seeking PUBLIC comment on the proposed rule that would impose special assessments to recover the loss to the Deposit Insurance Fund arising from the protection of uninsured depositors in connection with SVB & Signature Bank–$15.8 billion. May 19, 2023 1:19 pm
Theft Is Now Costing Retailers In The United States About 100 BILLION Dollars A Year May 19, 2023 6:37 pmMay 18, 2023 10:17 pm
Genevieve Roch-Decter: The FDIC took a $13 billion loss on the deal, while JP Morgan will gain $2.6 billion Does the government really need to subsidize the largest bank in the world? May 18, 2023 5:58 pm
CVS and Walgreens agree to $10 billion in tentative deals on opioid cases. Walmart will also reportedly settle May 17, 2023 9:38 pm