by FordShareholder Ok logically it makes little sense for the FDIC to seize a bank for deposit flight since it is the deposits that they are insuring. 100 billion in deposits leaving the bank LOWERS the risk to the insurance fund. Secondly, most of the potential bidders for the bank were just involved in the effort … Read more
by Dismal-Jellyfish Source: https://home.treasury.gov/system/files/136/Debt_Limit_Letter_Congress_Members_05012023.pdf Dear Mr. Speaker: I am writing to follow up on my previous letters regarding the debt limit and to provide additional information regarding the Treasury Department’s ability to continue to finance the operations of the federal government. In my January 13 letter, I noted that it was unlikely that cash and extraordinary … Read more
by TonyLiberty Banks never have the full amount of cash on hand to cover all deposits, they use deposits to make loans or investments
https://t.co/j1eJJ5YCLG — Win Smart, CFA (@WinfieldSmart) May 1, 2023 DIMON: WE SUPPORT COMMUNITY BANKS, BANKS WILL CONSOLIDATE Translation: we will wait for the bank run (thanks Fed for the hike to 5.25%) to cripple them all, then buy them all for cents on the dollar with the FDIC keeping the toxic crap — zerohedge (@zerohedge) … Read more
View post on imgur.com https://twitter.com/MalesInDisguise/status/1652336588305625088 https://twitter.com/MalesInDisguise/status/1652336792366993411 Two teachers from Rincon Middle School in Escondido filed a lawsuit today challenging school district policies regarding what information can be shared with parents of transgender and gender-nonconforming students. The lawsuit filed in San Diego federal court alleges the Escondido Union School District’s policies prohibits teachers from discussing students’ … Read more
Credit conditions in Europe are tightening at the fastest pace since 2009. via Bloomberg pic.twitter.com/QEQEEgK9lm — Daniel Lacalle (@dlacalle_IA) May 1, 2023 The banking crisis is just beginningWe have called it right for months The worst is yet to come (just wait for the office building bust)History Before it Happens:https://t.co/Lz05ySOZUa#FirstRepublic — Gerald Celente (@geraldcelente) May … Read more
This article strongly suggests that the Murdochs talked to Zelensky, and Tucker's opposition to the US proxy war in Ukraine was a major factor in his firing. I'll await confirmation, but one thing is for sure: his removal eliminated the most influential anti-war voice from TV: https://t.co/eZ8DODnsLk — Glenn Greenwald (@ggreenwald) May 1, 2023 Here's … Read more
by BoatSurfer600 More than 12 hospitality venues have shut each day in Britain over the past year amid the pressure of soaring energy costs, according to figures. High inflation and the cost-of-living crisis have resulted in the closure of 4,593 licensed hospitality premises over the year to March, according to the latest hospitality market monitor … Read more
by TappyDev First Republic seized and sold to highest bidder Regulators took possession of First Republic on Monday, resulting in the third failure of an American bank since March, after a last-ditch effort to persuade rival lenders to keep the ailing bank afloat failed. JPMorgan Chase , already the largest U.S. bank by several measures, … Read more
BREAKING: NEW EPSTEIN REVELATIONS Wall Street Journal (paywall) > CIA Director Burns> Goldman Sachs (Federal Reserve) Top Attorney> Top Rothschild's Banking Exec> Henry Kissinger's top man pic.twitter.com/wvL0Xn3Smg — Stew Peters (@realstewpeters) April 30, 2023 pic.twitter.com/aiCGV8ePc8 — Stew Peters (@realstewpeters) April 30, 2023 BREAKING: Jeffrey Epstein’s private calendar leaked Epstein met with: – current CIA Director, … Read more