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July 7, 2024
without power and commuters facing a travel nightmare. >> i think people thought that w winter was going to be done and over with and now were getting hit. >> this is new england it is about time >> well, on the west, more catastrophic flooding in the forecast in the wake of weeks of unrelenting rain thousands now under evacuation orders, rescue teams already deployed to save people trapped in those deadly floodwaters. were timing out both of these systems. and the gloves are off for...
March 14, 2023
Fistefist sophisticated hedge funds saw it, they took their money out. the previous largest bank run was $16 billion and took ten days this was money flowing out over a million dollars a second because they knew the bank was in trouble and that transparency was in the end what they could not escape it is very different than 2008 big management errors, there is an open question which the fed is trying to to address. this is an econ 101 mistake and it shouldnt have happened both on the supervision...