Page 41 - Backstop News Today

>> the central theme of my book is that the fed has these emergency powers that can do very broad, very crazy things that really have very few limits when you come to think about it. they can do pretty extreme things with them. i think we actually saw the realization of that last night. this facility that the fed has unrolled in order to sort of backstop the banking system is really sweeping, really broad. i think something that we havent ever seen before. they have basically agreed to take a lo...

Going to back them up. >> 100%. >> but theyre only backing up the depositors so does it deinsenty vise taking the risk >> no. >> theyre all of our jobs. >> before they lost their jobs today they made millions and millions now the government said im going to be a permanent backstop banks could say im going to keep rolling the dice -- >> but bonuses are going to get clawed back, right >> right or the government claws back the bonuses, people lose their jobs, theres stricter consequences and then m...

So, in a semi—... a kind of semi—moved to work this through. is that enough? because they are still concerns in terms of getting a grip on the situation.— concerns in terms of getting a grip on the situation. there doesnt seem to be uuite on the situation. there doesnt seem to be quite a — on the situation. there doesnt seem to be quite a grip _ on the situation. there doesnt seem to be quite a grip on _ on the situation. there doesnt seem to be quite a grip on the _ on the situation. th...

That was a great sigh of relief on wall street the government also implied that ul aof the other banks might get some backstop as well although they didnt spell it out that way, but thats the implication and the president said your deposits at banks around the united states are safe there is a little bit of confusion about whether there is any other deposit risk in any other banks that are out there even though the government has provided plenty of assurances that everything is going to be fine ...

And it was important and it was not just symbolic but it certainly was a dramatic backstop here both for lenders who are in trouble to some degree or on the verge of being in trouble as well as those depositors who were concerned about making payroll. that said theyre watching the market and realize it will be a bumpy couple of days. theyre hoping they did enough but they know perception is just as important as reality sometimes, john. >> phil mattingly, thanks for getting us started. with me in...

Of one of the things tokeville said about the good part of american culture, which is that the traditions of the courtroom done right, facts and our peers as the backstop, not elites, not the rich, not a monarch. our peers are the courtroom backstop in the jury, and the facts are what were all supposed to work on. 12 very different people can come together. theyll be asked to do that if this case goes to trial. at a time of so many problems that might be some silver lining. andrew, love having y...

Stand. the minute he stepped on the stand and admitted he committing crimes he sealed his fate under the state financial crimes, and federal government, a backstop. but really what was shocking to me was the admission he lied from the start about being at the kennels, and the drop the mic moment is last question they asked he set him up, saying i distrust sled, i like local law enforcement but i lied because of sled, and they played initial officer who came on scene, green, he said to him, went ...

Stand. the minute he stepped on the stand and admitted he committing crimes he sealed his fate under the state financial crimes, and federal government, a backstop. but really what was shocking to me was the admission he lied from the start about being at the kennels, and the drop the mic moment is last question they asked he set him up, saying i distrust sled, i like local law enforcement but i lied because of sled, and they played initial officer who came on scene, green, he said to him, went ...

Important event going on in the world. it will save us under enormous amount of money down the road if ukrainians can succeed. we are not accepting for any personnel but they are asking us for financial help. this should be a bipartisan support for this. >> im here to tell you the weapons will continue to flow from the united states. the economic assistance that ukraine needs to stay in this fight will be there. i am a republican. i promise you that there will be bipartisan resolve,, to keep the...

Broader holistic approach. thats what people are talking about when they talk about police reform. its not just give more funding to the police department. it is actually providing funding to social services, and communities, to do earlier interventions on violence. and the police officers cant be the backstop to prevent crime a community. >> when that thing about the pursuit syndrome. when you pull people over for whatever -- thats a taillight thats not just a pretense. if they run, why are you...