‘Occupy Wall Street’ Redux ZeroHedge
Negative Carry Borrowing short and lending long works mostly well most of the time. This is how modern banking works. ...
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“True Stories… Could Fuel Hesitancy”: Stanford Project Worked To Censor Even True Stories On Social Media ZeroHedge
While lost in the explosive news about Donald Trump's expected arrest, journalist Matt Taibbi released new details on previously undisclosed...
Fed Announces Launch Of ‘FedNow’ Real-Time Payment System, Sparking Debate ZeroHedge
The Federal Reserve has announced a timeline for the launch of its long-awaited FedNow payment service that will let banks...
Get Woke, Go Broke? It’s Time To Talk About SVB’s Ties To The World Economic Forum ZeroHedge
After the implosion of the FTX crypto exchange run by Sam Bankman Fried, questions of due diligence and competency immediately...
The Bank Crisis Has Democrats Scrambling Behind The Scenes To Find A Scapegoat ZeroHedge
Democratic representatives are scrambling in the wake of the potentially contagious Silicon Valley Bank implosion, looking for a way to...
Fed Panics: Signature Bank Closed By Regulators; Fed, TSY, FDIC Announce Another Banking System Bailout ZeroHedge
6:20pm ET Update: On Friday, we said that the Fed will have to make an announcement before the Monday open,...
Fatal Distraction? Senior SVB Risk Manager Oversaw Woke LGBT Programs ZeroHedge
While Silicon Valley Bank careened toward its spectacular collapse, the bank's head of risk management for Europe, Africa and the Middle East...
“Never Seen In Over 40 Years” – SVB Collapse Sparks Bank Runs As People Wait In Lines ZeroHedge
Friday morning's seizure of Silicon Valley Bank by the Federal Deposit Insurance Corporation (FDIC) underscores the banking sector's vulnerability, exposing...
Yellen Says Government Will Help SVB Depositors But “No Bailout” As Fed, FDIC “Hope” Talk Of Special Vehicle Prevents More Bank Runs ZeroHedge
With just hours left until futures open for trading late on Sunday afternoon, the situation remains extremely fluid and for...
USDC ‘Stablecoin’ Breaks Peg As Circle Admits Billions Stuck With SVB ZeroHedge
Yesterday afternoon, after the equity market close, USD Coin (USDC) issuer Circle revealed that $3.3 billion of its $40 billion...