Don't call it what it is.... Circa 2008/2009? The Federal Government is seeking to' bail out 'the banks depossits IN WHOLE...... The 'crisis' mode has dropped from the headlines but things ain't normal for the industry which has tried to prop up things on it's own with … [Read more...] about Fed’s setting up more money to back up the banks…..
Bailing out the Banks
Uh, Oh….Swiss Bank possibe trouble’s drives the Market down 500 points….
11:00 DST NY 3/15/2023..... Stocks tumble as Credit Suisse woes add to banking sector jitters Shares of the Swiss banking giant fell nearly 20 percent in early trading, creating new uncertainty in the wake of Silicon Valley Bank’s collapse... More... Did we say late … [Read more...] about Uh, Oh….Swiss Bank possibe trouble’s drives the Market down 500 points….
Walkig thru the minefield of US banking this week…
President Joe Biden took no question after his short comments today... He's NOT a happy camper..... Right now? He's sitting on his hands waiting to see what is going to happen with the American banking system.... Two banks went under in the last few days.... Biden … [Read more...] about Walkig thru the minefield of US banking this week…
Nobody REALLY knows if the Feds will have to bail out* banks….
The media reports have some saying the Federal Reserve WILL NOT supply the money tho bail out the Silicon Valley banks failure.... Don't take that as gospel.... The answer will become more clearer this coming week.... The SVB has all it's accounts at $250,000 and under … [Read more...] about Nobody REALLY knows if the Feds will have to bail out* banks….