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July 7, 2024
fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. thats a hit. on the other hand, those banks still exist. you cant say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. ...
June 27, 2024
On twitter and facebook. We will get to these stories this morning in the morning he news sites as well. News this morning of a horrific plane crash in the black sea near sochi in russia. Russian military plane carrying performers scratches off of sochi. That is the site of the 2014 winter olympics. 92lane carrying 19 people people crashed. The the news crash report from bloomberg this morning. Open phones here on washington journal this morning. Some of these stories closer to home in the Washi...
March 11, 2023
Of the national economic council is also fixated on, another genius. when he was at the fed in 2021, she wasnt too concerned about future bank collapses due to the insane and reckless fed policy. she was overseeing. no, why worry about that? because theres climate change. thats what she was worried about. as part of the prudential and financial responsibilities, were developing scenario analysis to model the possible financial risks associated with the climate change and assess the resilience of...