POPULARITY
#SmallBusinessAmerica: The Fed and small business. @GeneMarks @Guardian @PhillyInquirer https://www.cnbc.com/2024/08/23/fed-chair-powell-indicates-interest-rate-cuts-ahead-the-time-has-come-for-policy-to-adjust.html 1931 BANK FAILURE
Brian Pillmore, Founder & CEO, VisbankingVisualized information on banks and credit unions in the US such as metrics, performance, and regulations can help consumers and stakeholders to make informed analyses and decisions by providing actionable insights. Just how significant this data is provides the topic for this conversation between Robin Amlôt of IBS Intelligence and Brian Pillmore, Founder and CEO of Visbanking,.
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Is a US bank failure a weekly event coming soon? This update dives into rising gold & silver prices, potential bank failures, and why investors are rushing to precious metals. Learn why gold could potentially DOUBLE and how to protect yourself.
*NEW ITEM!* Purchase my newest book! "15 Conversations with Real Estate Millionaires" https://amzn.to/3CGOWOU
*NEW ITEM!* Purchase my newest book! "15 Conversations with Real Estate Millionaires" https://amzn.to/3CGOWOU
Protect your investments with And We Know http://andweknow.com/gold Or call 720-605-3900, Tell them “LT” sent you. ————————————————————— *Our AWK Website: https://www.andweknow.com/ *Our 24/7 NEWS SITE: https://thepatriotlight.com/ *DONATIONS SITE: https://bit.ly/2Lgdrh5 *Mail your gift to: And We Know 30650 Rancho California Rd STE D406-123 (or D406-126) Temecula, CA 92591 ➜ AWK Shirts and gifts: https://shop.andweknow.com/ ➜ Audio Bible https://www.biblegateway.com/audio/mclean/kjv/1John.3.16 Connect with us in the following ways:
It's happening! Listen to find out the first bank failure and how can you protect yourself from it. Physical gold and silver are universal assets and they will protect your wealth against any market circumstance. For more information call 1.855.906.6381 or visit https://guildhallwealth.com/
How to Trade Stocks and Options Podcast by 10minutestocktrader.com
Welcome, outliers, to another riveting edition of OVTLYR Live, your go-to source for the latest headlines and deep AI-driven insights into the financial world! Today, we're delving into the ominous signs of the first bank failure of 2024 and the unsettling truths behind Wall Street's voracious appetite for real estate. Strap in for a rollercoaster ride of analysis and predictions that'll leave you on the edge of your seat! In our top story, we dissect the alarming news of the Republic First Bank's collapse, sending shockwaves through the financial sector. But this isn't just an isolated incident – it's a harbinger of more bank failures looming on the horizon. Buckle up as we uncover the grim realities facing financial institutions teetering on the brink of collapse.
In Today's recap, Marcello talks about the collapse of Republic First Bank as it served as a stark reminder of the vulnerabilities within the financial sector. Tesla's shares surged by a remarkable 12.06%, propelling Nasdaq to its third consecutive day of gains. However, concerns loomed over the US economy as growth slowed to a sluggish 1.6% in the first quarter, the weakest pace since 2022. The median U.S. home sale price hit a record $383,725 in the 4 weeks ended April 21, [...] The post April 28: Another Bank Failure, Tesla Drops Prices (again), US economy weakening (Recap ep275) appeared first on Investing & Day Trading Education: Day Trading Academy.
Today on America in the Morning A Weekend Of Protests & Arrests There were numerous clashes and arrests on college campuses over the weekend during pro-Palestinian protests over the Israel-Hamas war. Jim Roope reports that depending on the school, involved students may or may not face any consequences for their actions, even those that violate school policies. Tornadoes Pulverize Parts Of The Midwest Deadly tornadoes ripped through parts of the Midwest over the weekend. Correspondent Clayton Neville reports there was severe damage in several states including Oklahoma. Noem's Dog Death Response South Dakota Governor Kristi Noem, who is considered a potential running mate for GOP frontrunner Donald Trump, is pushing back against criticism over the revelation that she shot her 14-month old puppy years ago, Pamela Furr has more details. From The Court To A Hospital Soon after disgraced Hollywood producer Harvey Weinstein's rape convictions were overturned in a New York court, he was rushed to a Manhattan hospital where he's still undergoing tests. Correspondent Julie Walker reports. Bank Failure Republic First Bank has been closed by Pennsylvania state regulators, in what the FDIC said was the first US bank failure this year. Correspondent Norman Hall reports. Ending Flu Season It appears the worst of the flu season may now be behind us. Correspondent Haya Panjwani reports. Correspondents Dinner Recap President Biden was the deliverer, and the butt of jokes during the annual White House Correspondent's Dinner over the weekend. Correspondent Clayton Neville reports. Biden Jokes More About Trump President Biden lobbed one-liners at Donald Trump at the annual White House Correspondent's Dinner, but as Washington correspondent Sagar Meghani reports, the current president appears that he will continue using humor to attack the former president in a bid to get under his opponent's skin in an attempt to score some votes. More Polls Favor Trump Even as Donald Trump faces four sets of unprecedented criminal charges, his favor among some Americans has continued to rise. Latest Elijah McClain Case A paramedic in Aurora, Colorado who was found guilty of criminal negligent homicide has avoided jail time, closing out the last of the three trials surrounding the 2019 death of Elijah McClain. Correspondent Norman Hall has the story. Blinken To The Middle East Secretary of State Antony Blinken is heading to Saudi Arabia to try to restart ceasefire negotiations in Gaza, as a delegation from Hamas is in Cairo in parallel talks to the Saudi meeting. As correspondent Karen Chammas reports, Qatar, which has been in the center of the talks and also hosts the Hamas leadership, is still hoping to broker a peace deal and hostage release between the terror group and Israel. Trump-DeSantis Summit Governor Ron DeSantis and former President Donald Trump seem ready to put their feud from the Republican presidential primary aside. The Washington Post is reporting that the pair met in Miami on Sunday to discuss how they can work together during the general election. Farmworker Benefits Temporary farmworkers are getting more legal protections against employer retaliation, unsafe working conditions, illegal recruitment and other abuses. Lisa Dwyer reports. Flight Attendant Behaving Badly An indictment has been handed up against a former flight attendant, accused of using a cellphone to record images of youngsters in airplane lavatories. Correspondent Jackie Quinn reports. Tech News The Big Three Tech giants have all posted stock gains this year, with major new data centers being announced. Here's Chuck Palm with today's tech news. Finally Actress Nicole Kidman received an honor over the weekend for her work on the big screen. Entertainment correspondent Margie Szaroleta reports. Learn more about your ad choices. Visit podcastchoices.com/adchoices
AP correspondent Norman Hall reports on the shutdown of Philadelphia-based Republic First Bank.
Blake and David start with a discussion on Federal Reserve Chairman Jerome Powell's testimony regarding the failure of small and mid-sized banks due to exposure to the commercial real estate sector. They also get into Minnesota's CPA licensure bill for 150-hour requirement alternatives and KPMG's audit findings on the Department of Education and the cost of the federal student loan program. Rounding out the episode, they answer listener questions and comments on topics including the psychological challenges of CPA firm employment, NASBA's lack of customer service, and the high fees for taking the CPA exam internationally.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowKeeper - http://accountingpodcast.promo/keeperClient Hub - http://accountingpodcast.promo/clienthubChapters(00:28) - Welcome to the show, how much trouble are small banks in? (06:49) - Minnesota CPA Society's Pathways CPA Licensure Bill advances in Senate (10:08) - Our listener plugs a security hole in tax client portal software (14:03) - The cultural issues that plague the accounting profession (20:57) - Fortune magazine article that CPAs need to tell their stories (24:39) - Should we have a federal CPA license? (27:45) - The government doesn't know the costs of student loans (34:54) - Christy shares a positive message (36:12) - Does starting your career at Big 4 lead to better industry jobs? (40:33) - Alex writes in about problems they had scheduling their CPA exam (45:46) - IRS inviting biggest ERC filers to learn the correct way to file them (50:25) - Tax preparer using basic Word doc to collect information (51:55) - Listener replies to Blake's Accounting Today article (54:18) - The international costs to take the CPA exam (57:36) - The firm and work culture issue (58:43) - Why students don't want to major in accounting (59:30) - Thanks for listening! The new Earmark app is coming soon! Show NotesCould CPAs telling their stories be the key to attracting Gen Zers to accounting? A PwC vice chair thinks so https://fortune.com/2023/11/15/cpa-attracting-gen-z-accounting-pwc/ Senate File 1660, the MNCPA-backed bill to broaden the pathways to CPA licensure, advanced in the Minnesota Senate on Thursday. https://www.mncpa.org/about/press/releases/pathways-cpa-senate-bill-hearing/ Powell: ‘There will be bank failures' caused by commercial real estate losseshttps://thehill.com/business/4516758-powell-there-will-be-bank-failures-caused-by-commercial-real-estate-losses/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsFutureFirm - https://futurefirmaccelerate.com/capRoyalwise - https://royalwise.com/partnerForwardly - https://www.forwardly.com/ClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Episode number 459! Thanks for supporting the show so far!For exclusive shows every week head to zedmedia.substack.com Order my book here: https://www.amazon.com/Trailer-Park-Parable-Brothers-Forgiveness/dp/B0C7P7S8VL?ref_=ast_author_dp
2024 Financials Outlook: In this episode, Research Analyst and Portfolio Manager John Jordan shares where he sees the best risk/reward trade-offs in the financials sector.
Uncover the truth behind misleading healthcare statistics, stock market optimism, and the surging demand for precious metals. Discover the impact of global silver industrial demand and India's significant silver and gold imports. Stay informed on the US banking system concerns, with a closer look at the FDIC's challenges and recent bank failures. Gain valuable insights on why owning bullion is increasingly crucial in a world exposed to economic uncertainties.
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The Moneywise Radio Show + Podcast Monday, November 6th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Guys" podcast call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management instagram: MoneywiseWealthManagement linkedin: MoneywiseWealthManagement
Protect your investments with And We Know http://andweknow.com/gold Or call 720-605-3900, Tell them “LT” sent you. ————————————————————— *Our AWK Website: https://www.andweknow.com/ *Our 24/7 NEWS SITE: https://thepatriotlight.com/ ————————————————— The Western World Is About To Deliver Some Very Bad News To Its Young Adults https://www.zerohedge.com/markets/western-world-about-deliver-some-very-bad-news-its-young-adults “There is no doubt we are starting another outbreak of COVID-19” – Dr. Peter McCullough. How to be Prepared. | ZeroHedge https://twitter.com/simon_simon666/status/1696779535629402197?s=20 ————————————————— *DONATIONS SITE: https://bit.ly/2Lgdrh5 *Mail your gift to: And We Know 30650 Rancho California Rd STE D406-123 (or D406-126) Temecula, CA 92591 ➜ AWK Shirts and gifts: https://shop.andweknow.com/ ➜ And We Know Challenge Coins & Patriot Pins https://andweknow.com/ThePatriotPin/ ➜ Audio Bible https://www.biblegateway.com/audio/mclean/kjv/1John.3.16 Connect with us in the following ways:
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We're back to the digital mailbag to answer your questions!For this week:How has my lifestyle evolved since achieving financial independence and how do I spend my time?Updated thoughts on money and marketsAre we putting too much faith in institutions like Vanguard?Can and should life insurance policies be used for retirement savings?Tax avoidance versus accepting higher tax ratesWhat is a Simple IRA and how does it differ from a 401(k)? Can I still do Roth conversions?Savings rates are great! Should I pay less on my loans to maximize my savings?Big picture: Where do I start on getting my financial life together?Outreach and presentationsSo much more! Support this project: Buy Me a CoffeeSubscribe to the website: SUBSCRIBE ME!Show Notes and Links at Clippingchains.com Q1: How has my lifestyle evolved since achieving financial independence and how do I spend my time? (00:02:49) Q2: Updated thoughts on money and markets (00:05:01) Q3: What if Vanguard failed?! (00:07:53) Q4: Can and should life insurance policies be used for retirement savings? (00:11:56) Q5: When do I stop trying to optimize my tax bracket and just let go? (00:15:30) Q6: What is a Simple IRA and how does it differ from a 401(k)? Can I still do Roth conversions? (00:18:56) Q7: Savings rates are great right now! Should I pay less on my loans to maximize my savings? (00:22:39) Q8: Big picture: Where do I start on getting my financial life together?(00:26:26) Q9: How was your presentation at the climbing gym? Can you record it? (00:34:51) Q10: Can you supply podcast transcripts? (00:40:27)
On this day in 1874, all branches of the Freedmen's Bank closed their doors for good. See omnystudio.com/listener for privacy information.
Episode number 287! Thanks for supporting the show so far!Become a member and support the show today at zedmedia.substack.com!
In this episode of Millionaire Mindcast, Matty A talks about the largest bank failure since 2008 that shocks the market, as well as this past week's updates on world news, finance, and other market updates. So tune in, and enjoy! Enter giveaway @ Go.MillionaireMindcast.com Text us at @ 844.447.1555 Episode Sponsored By: Indochino: Get 10% off of any purchase on $399 or more with the promo code: MINDCAST BetterHelp: Click the link to get 10% off your first month or use the promo code: MINDCAST Factor75: Use the code MINDCAST50 to get 50% off your FIRST box! Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com
May 3, 2023 | Your weekly dose of weekly business briefs in under 1 Minute.Start your real estate investing journey with Premier Ridge Capital! Our highly skilled team is here to assist you during the hassle-free process.Contact Us Now!EMAIL: team@premierridgecapital.comWEBSITE: https://www.premierridgecapital.com/ We're interested in buying your apartment building from you! Our highly skilled team is here to assist you during the hassle-free process.Contact Us Now!EMAIL: team@premierridgecapital.comWEBSITE: https://www.premierridgecapital.com/
The Rich Zeoli Show- Hour 1: 3:05pm- According to The Wall Street Journal Editorial Board, the Biden Administration is seeking to implement a new rule which “will raise mortgage fees for borrowers with good credit to subsidize higher-risk borrowers. Under the rule, which goes into effect May 1, home buyers with a good credit score over 680 will pay about $40 more each month on a $400,000 loan, and upward depending on the size of the loan. Those who make down payments of 20% on their homes will pay the highest fees. Those payments will then be used to subsidize higher-risk borrowers through lower fees.” You can read the full editorial here: https://www.wsj.com/articles/upside-down-mortgage-policy-212fd736 3:15pm- In response to the expiration of Title 42, President Joe Biden announced that he will dispatch 1,500 active-duty military personnel to the U.S. Southern Border to help prevent illegal border crossings from surging. 3:30pm- Flashback: During an interview with Ezra Klein in 2015, Senator Bernie Sanders (D-VT) said he vehemently opposed “open-borders” and claimed it was a right-wing proposal being supported by the Koch brothers—alleging that Republicans wanted relaxed border security in order to drive down the cost of labor and, subsequently, enhance the profits of large corporations. How has the Democrat party changed its stance on border security so drastically in just 8 years? 3:50pm- Flashback: In 2018, in response to the Trump Administration's decision to send troops to the U.S. Southern Border, then-Senator Kamala Harris claimed the act was “inappropriate” and “political”—so, then why is the Biden Administration doing the very same thing now? Was Harris simply attempting to politicize the issue in 2018? 4:05pm- During the Senate Judiciary Committee's hearing on Supreme Court Ethics Reform, Sen. Ted Cruz (R-TX) stated that the hearing's primary intention was to destroy the reputation of ideologically conservative Justices—specifically Justice Clarence Thomas. Sen. Cruz also condemned Senate Democrats for attempting to reduce funding for Justice security even after the attempted assassination of Justice Brett Kavanaugh following the release of a leaked draft of the court's decision in Dobbs v. Jackson Women's Health Organization, which ultimately upended Roe v. Wade. 4:15pm- The Wall Street Journal's Editorial Board writes, “Senate Democrats are holding another hearing on ‘Supreme Court Ethics Reform'…and it's important to understand that this isn't about ethics at all. This is another front in the political campaign to delegitimize the Supreme Court, with a goal of tarnishing its rulings and subjecting it to more political control.” You can read the full editorial here: https://www.wsj.com/articles/supreme-court-ethics-reform-hearing-senate-democrats-john-roberts-clarence-thomas-ketanji-brown-jackson-sonia-sotomayor-d0304d65?mod=opinion_lead_pos1 4:30pm- Nicholas Tomaino—Assistant Editorial Features Editor at The Wall Street Journal—joins The Rich Zeoli Show to discuss his latest editorial, “Politico Aims at Gorsuch and Misses.” Politico's Heidi Przybyla alleges that the sale of a property linked to Neil Gorsuch amounts to an ethics problem for the Supreme Court Justice. But as Tomaino points out, Justice Gorsuch disclosed the transaction and “didn't own the property directly. Rather, he held a 20% share in Walden Group LLC, a company he and two partners formed when they bought the house in 2005, before Mr. Gorsuch was a judge. The company listed the property for sale in 2015, asking $2.495 million, and sold it to Mr. Duffy two years later for $1.825 million.” So where is the ethics problem? You can read Tomaino's full editorial here: https://www.wsj.com/articles/politico-aims-at-gorsuch-and-misses-disclosure-colorado-ethics-reform-durbin-87a4fc50?mod=opinion_lead_pos7 4:55pm- During a recent episode of his podcast, Joe Rogan suggested that former Fox News host Tucker Carlson should appear on the online video platform Rumble. 5:05pm- The Drive at 5: President of Thomas Jefferson University Dr. Mark Tykocinski was reprimanded via email by the institution's Chief Executive Officer Joseph Cacchione for “liked” Tweets that questioned the efficacy of gender affirming surgeries for children. Should Dr. Tykocinski have been forced to apologize? Zeoli notes that it appears academia now only accepts dangerous versions of “group think.” 5:20pm- The Mystery Movie Clip: Rich forgets to ask caller twelve for the name of the film… 5:40pm- According to a new poll from the Harvard Kennedy School of Government, young Democrats are abnormally depressed. 6:05pm- According to a report from channel 8 WISH-TV in Indiana, Councilmember Ryan Webb has announced that he will now be identifying as a “lesbian woman of color.” Webb appeared on Fox News with Jesse Kelly to explain his decision to be his “true self” publicly for the first time. 6:30pm- In response to the collapse of First Republic Bank, White House Press Secretary Karine Jean Pierre stated the Biden Administration is very confident there will be no more banking failures. Rachel Louise Ensign and Ben Eisen of The Wall Street Journal write, “[r]egulators seized First Republic Bank and struck a deal to sell the bulk of its operations to JPMorgan Chase Co., heading off a chaotic collapse that threatened to reignite the recent banking crisis. JPMorgan said it will assume all of First Republic's $92 billion in deposits—insured and uninsured. It is also buying most of the bank's assets, including about $173 billion in loans and $30 billion in securities.” You can read Ensign and Eisen's full report here: https://www.wsj.com/articles/first-republic-bank-is-seized-sold-to-jpmorgan-in-second-largest-u-s-bank-failure-5cec723 6:45pm- On Tuesday, Interior Secretary Deb Haaland testified at a Senate Energy and Natural Resources Committee hearing where she seemingly claimed there were too many jobs in America for “blue collar workers.” Senator Josh Hawley (R-MO) questioned Sec. Haaland about the Biden Administration's “clean energy” agenda and its habit of promoting reliance upon foreign nations for the mining of precious metals and minerals necessary for the development of batteries used in electric cars.
Krystal and Saagar discuss First Republic bank being seized by regulators and sold to JPMorgan Chase, Charlie Munger's dire banking system warning, leaked documents showing Epstein met multiple times with the CIA Director, Noam Chomsky, and others, Wall Street bankers joking about Epstein's Child Trafficking, a Biden voter is speechless on 2024 support, Charlmagne trashes the DNC for not hosting debates between candidates, Chief Justice Roberts' Wife cashes in on SCOTUS connections, Krystal and Saagar react to the White House Correspondents Dinner, Saagar looks into how Fox News ratings have plunged after Tucker's departure, Krystal looks into how Biden is set to lose New Hampshire to RFK, Marianne, and we're joined by Seth Hettena to discuss his reporting on how the FBI suspects 9/11 Hijackers were CIA assets.(Seth's article: https://www.spytalk.co/p/exclusive-fbi-agents-accuse-cia-of)To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/To listen to Breaking Points as a podcast, check them out on Apple and SpotifyApple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Merch: https://breaking-points.myshopify.com/ Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.
Krystal and Saagar discuss First Republic bank being seized by regulators and sold to JPMorgan Chase, Charlie Munger's dire banking system warning, leaked documents showing Epstein met multiple times with the CIA Director, Noam Chomsky, and others, Wall Street bankers joking about Epstein's Child Trafficking, a Biden voter is speechless on 2024 support, Charlmagne trashes the DNC for not hosting debates between candidates, Chief Justice Roberts' Wife cashes in on SCOTUS connections, Krystal and Saagar react to the White House Correspondents Dinner, Saagar looks into how Fox News ratings have plunged after Tucker's departure, Krystal looks into how Biden is set to lose New Hampshire to RFK, Marianne, and we're joined by Seth Hettena to discuss his reporting on how the FBI suspects 9/11 Hijackers were CIA assets. (Seth's article: https://www.spytalk.co/p/exclusive-fbi-agents-accuse-cia-of) To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/ To listen to Breaking Points as a podcast, check them out on Apple and Spotify Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Merch: https://breaking-points.myshopify.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
The embattled First Republic Bank, one of the institutions caught in the wake of Silicon Valley Bank’s collapse, was acquired overnight by federal regulators and sold to JPMorgan Chase. It’s a massive, multi-billion dollar deal that makes America’s largest bank even larger. Erik Gordon, professor at the University of Michigan, explains what the collapse says about the financial industry. Plus, we look at how the construction industry is dealing with an ever-present shortage of workers.
The embattled First Republic Bank, one of the institutions caught in the wake of Silicon Valley Bank’s collapse, was acquired overnight by federal regulators and sold to JPMorgan Chase. It’s a massive, multi-billion dollar deal that makes America’s largest bank even larger. Erik Gordon, professor at the University of Michigan, explains what the collapse says about the financial industry. Plus, we look at how the construction industry is dealing with an ever-present shortage of workers.
Families grieve after a 28-year-old shooter killed three students and three adults at a Nashville school, Israel delays plans for a judicial overhaul and a U.S. Senate panel examines what went wrong at Silicon Valley Bank.
Larry Kudlow - We are not out of the bank failure woods. by John Catsimatidis
Krystal and Saagar discuss Trump planning a big show around his potential arrest, Desantis sinking in polls after Trump attacks, MAGA declares war on Desantis, Fed risks bank failure with Rate Hikes, Markets in chaos over Yellen and Powell Incompetence, Putin and Xi meet and pledge a new bond between Russia and China, Rolling Stone covers for alleged Pedophile Reporter, Biden prosecutes anti-Hillary meme poster, Vivek's fake anti-elitism exposed in Jordan Peterson interview, and Waco Survivor and author David Thibodeau joins us to talk about his personal experience in the Waco, Texas tragedy 30 years later.To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/To listen to Breaking Points as a podcast, check them out on Apple and SpotifyApple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Merch: https://breaking-points.myshopify.com/ Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.
Krystal and Saagar discuss Trump planning a big show around his potential arrest, Desantis sinking in polls after Trump attacks, MAGA declares war on Desantis, Fed risks bank failure with Rate Hikes, Markets in chaos over Yellen and Powell Incompetence, Putin and Xi meet and pledge a new bond between Russia and China, Rolling Stone covers for alleged Pedophile Reporter, Biden prosecutes anti-Hillary meme poster, Vivek's fake anti-elitism exposed in Jordan Peterson interview, and Waco Survivor and author David Thibodeau joins us to talk about his personal experience in the Waco, Texas tragedy 30 years later. To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/ To listen to Breaking Points as a podcast, check them out on Apple and Spotify Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623 Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl Merch: https://breaking-points.myshopify.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Panic has turned to confusion in the wake of the SVB failure. Clark summarizes how we got here, how it differs from 15 years ago, and how the moral hazard in the system should be fixed. Clark breaks it down to 2 key points, and what individuals and businesses with funds greater than the quarter million FDIC limit should do going forward to secure their funds. Also, Clark tells you what's behind the big streaming service increases and your alternatives. With market changes come new opportunities. If you're willing to adapt and experiment you can save so much money - with more content than you can watch. Bank Failure Update: Segment 1 Ask Clark: Segment 2 SAVE on Streaming TV: Segment 3 Ask Clark: Segment 4 Mentioned on the show Midmarket Firms Re-Evaluate Regional Bank Risk Following Crisis NYTimes.com: Two Big Ideas for Preventing Another Banking Crisis Experts, banks look for ideas to stop next bank failure The forgotten rescue plan that could prevent another SVB-like collapse Fed to Consider Tougher Rules for Midsize Banks After SVB, Signature Failures - WSJ. SVB is the first social media bank run in history. Banks Trade Relief Now for Regulation Later - The Wall Street Journal. Yellen Says U.S. Ready to Protect Smaller Banks if Necessary Certificate of Deposit Account Registry Service CDARS How To Open a Roth IRA Custodial Roth IRA: How And Why To Start A Roth IRA For Kids Turbocharge your child's retirement with a Roth IRA for Kids Clark.com: YouTube TV Raises Monthly Rate for First Time Since 2020 Clark.com: 5 Cheaper Streaming Alternatives to YouTube TV Best Free Streaming Services in 2023: Movies and TV for Cord Cutters Clark.com - STREAMING TV 4 Things To Know Before You Buy a Digital TV Antenna Submit a complaint | Consumer Financial Protection Bureau Automatic Bill Pay: How It Works and How To Do It Safely Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices
How do we change generational wealth within Black & Brown communities? Earn Your Leisure's Market Mondays & stock expert Ian Dunlap sits down with Ebro in the Morning for an educational conversation on investing in the stock market, the ramifications of the Silicon Valley Bank Failure. He also breaks down NFT's, Cryptocurrencies, the issues with Music Deals, and shares some tips on making money and more. Check out Market Mondays every Monday at 8PM EST. See omnystudio.com/listener for privacy information.
The debacles that engulfed Silicon Valley Bank and other precarious financial institutions have sparked debates over who dropped the ball. Was it a regulatory failure, a supervisory failure, or both? On today’s show, we’ll parse out the answer. We’ll also explore what comes next for Swiss banking, what a Supreme Court case means for Navajo water rights and what small banks are doing to address liquidity concerns.
The debacles that engulfed Silicon Valley Bank and other precarious financial institutions have sparked debates over who dropped the ball. Was it a regulatory failure, a supervisory failure, or both? On today’s show, we’ll parse out the answer. We’ll also explore what comes next for Swiss banking, what a Supreme Court case means for Navajo water rights and what small banks are doing to address liquidity concerns.
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers dive into the drama in the banking world. They discuss the fallout of the collapse of Silicon Valley Bank and its subsequent government takeover. They also take some listener questions about SVB! Felix, Emily and Elizabeth also discuss Credit Suisse, and how government policy may change for banks that are “too big to fail”. In the Plus segment: What was it like to have an SVB bank account in the last week? Podcast production by Anna Phillips and Patrick Fort. Learn more about your ad choices. Visit megaphone.fm/adchoices
Zach Abraham is back with a follow-up on you being forced to bail out millionaires and billionaires, including Gavin Newsome who illegally lobbied to the forced bailout. We also discuss the make-up of the Board of SVBand Barney Frank's “job” at Signature Bank. More importantly, Zach tells us “the only thing that matters right now” in the economy. He also tells us how to make sure this never happens again. What does God say? Matthew 19:23-2623 Then Jesus said to his disciples, “Truly I tell you, it is hard for someone who is rich to enter the kingdom of heaven. 24 Again I tell you, it is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.”25 When the disciples heard this, they were greatly astonished and asked, “Who then can be saved?”26 Jesus looked at them and said, “With man this is impossible, but with God all things are possible.”REVEALED: Only ONE member of failed SVB's board had a career in investment banking - and the rest were Obama, Clinton mega-donors who 'grieved' when Trump won including one who went to Shinto shrine 'to pray. BREAKING: Newsom Under Fire For Failing to Disclose Personal Ties to Silicon Valley Bank While Lobbying for BailoutShareholder Liability and Bank Failure; the authors propose doing what Zach suggested and bring back liability for bankers who make grossly negligent decisions with their depositor's money. Kevin Hassett reveals "there were buyers who were willing to step in & buy [SVB, but] the radicals at the @FDICgov basically weren't going to allow that to happen ... the Biden Admin had a whitelist of companies that were allowed to buy the failed bank & companies that weren't." 4Patriotshttps://4patriots.comNever be in the dark with the Patriot Power Solar Generator. Use code TODD to save 10% on your first order.Alan's Soapshttps://alanssoaps.com/TODDUse coupon code ‘TODD' to save an additional 10% off the bundle price. Bonefroghttps://bonefrog.usEnter promo code TODD at checkout to receive 5% off your subscription. Bulwark Capitalhttps://knowyourriskradio.comGet your free copy of “Common Cents Investing” Call 866-779-RISK or visit the website. Healthycellhttps://healthycell.com/toddJourney to better health and save 20% off your first order with promo code TODD.My Pillowhttps://mypillow.comUse code TODD for BOGO free on the new MyPillow 2.0RuffGreenshttps://ruffgreens/toddGet your FREE Jumpstart Trial Bag of Ruff Greens, simply cover shipping. SOTA Weight Losshttps://sotaweightloss.comSOTA Weight Loss is, say it with me now, STATE OF THE ART!GreenHaven Interactivehttps://greenhaveninteractive.comGet more business from Google and your website!Texas Superfoodshttps://texassuperfoods.comTexas Super Foods is whole food nutrition at its best.
I did national radio this week and, as a consequence, I heard much more talk radio that I normally get to enjoy. There was a lot of coverage of Silicon Valley Bank. None of it got anywhere close to what I learned talking to Zach Abraham, CIO of Bulwark Capital Management and my friend, great supporter of the ‘Cast and weekly guest. Hopefully, you will agree. I learned:A $1 billion offset against SVB's $88 billion investment in mortgages could have neutralized their loss! Zach explained what instrument they should have purchased the moment they bought the mortgages and then, when things were blowing up, what even a marginally good risk manager would have done. Bankers used to be personally liable for losses of this size when the errors were so basic; Zach explained when that changedWe can protect out cash in our accounts when it is over $250,000 (like when we sell a house or are getting read to buy one), simply by using a specific type of accountThe Book of the Bible Zach turns to when he wants to remind himself how God views returns on investment and the stewardship of what the Lord grants us to manage. What does God say? 1 Samuel 2:1-10Hannah's Prayer2 Then Hannah prayed and said:“My heart rejoices in the Lord; in the Lord my horn] is lifted high.My mouth boasts over my enemies, for I delight in your deliverance.2 “There is no one holy like the Lord; there is no one besides you; there is no Rock like our God.3 “Do not keep talking so proudly or let your mouth speak such arrogance,for the Lord is a God who knows, and by him deeds are weighed.4 “The bows of the warriors are broken, but those who stumbled are armed with strength.5 Those who were full hire themselves out for food, but those who were hungry are hungry no more.She who was barren has borne seven children, but she who has had many sons pines away.6 “The Lord brings death and makes alive; he brings down to the grave and raises up.7 The Lord sends poverty and wealth; he humbles and he exalts.8 He raises the poor from the dust and lifts the needy from the ash heap;he seats them with princes and has them inherit a throne of honor.“For the foundations of the earth are the Lord's; on them he has set the world.9 He will guard the feet of his faithful servants, but the wicked will be silenced in the place of darkness.“It is not by strength that one prevails;10 those who oppose the Lord will be broken.The Most High will thunder from heaven; the Lord will judge the ends of the earth.“He will give strength to his king and exalt the horn of his anointed.” BREAKING: Newsom Under Fire For Failing to Disclose Personal Ties to Silicon Valley Bank While Lobbying for BailoutShareholder Liability and Bank Failure; the authors propose doing what Zach suggested and bring back liability for bankers who make grossly negligent decisions with their depositor's money. Kevin Hassett reveals "there were buyers who were willing to step in & buy [SVB, but] the radicals at the @FDICgov basically weren't going to allow that to happen ... the Biden Admin had a whitelist of companies that were allowed to buy the failed bank & companies that weren't." 4Patriotshttps://4patriots.comNever be in the dark with the Patriot Power Solar Generator. Use code TODD to save 10% on your first order.Alan's Soapshttps://alanssoaps.com/TODDUse coupon code ‘TODD' to save an additional 10% off the bundle price. Bonefroghttps://bonefrog.usEnter promo code TODD at checkout to receive 5% off your subscription. Bulwark Capitalhttps://knowyourriskradio.comGet your free copy of “Common Cents Investing” Call 866-779-RISK or visit the website. Healthycellhttps://healthycell.com/toddJourney to better health and save 20% off your first order with promo code TODD.My Pillowhttps://mypillow.comUse code TODD for BOGO free on the new MyPillow 2.0RuffGreenshttps://ruffgreens/toddGet your FREE Jumpstart Trial Bag of Ruff Greens, simply cover shipping. SOTA Weight Losshttps://sotaweightloss.comSOTA Weight Loss is, say it with me now, STATE OF THE ART!GreenHaven Interactivehttps://greenhaveninteractive.comGet more business from Google and your website!Texas Superfoodshttps://texassuperfoods.comTexas Super Foods is whole food nutrition at its best.
A second bank fails and bank stocks fall, Texas clamps down on illegal border crossers, and college enrollment falls drastically. Get the facts first on Morning Wire.Cynch: "First tank exchange for $10! Download the Cynch app and use promo code ‘WIRE'”ExpressVPN: "Get 3 Months FREE! EXPRESSVPN.com/WIRE"Genucel: "Save 70% off the Most Popular Package plus a FREE Beauty Box! Genucel.com/WIRE"
The Silicon Valley Bank collapse is a scandalous story that will affect all of us at our kitchen tables. Today, Liz investigates what factors played a roll in this collapse—from COVID policies to woke ESG to a fundamentally flawed business model—in order to explain the impact. Plus, will there be a ripple effect and how can we prevent this from happening again? This is The Liz Wheeler Show. -- Get 10% off at 4Patriots when you use the promo code LIZ: https://4Patriots.com. -- Cozy Earth provides the softest, most luxurious sheets on the planet. Save 35% on Cozy Earth bamboo bedding at https://cozyearth.com/liz35. -- See why tens of thousands of business owners trust Patriot Software. Try the accounting and payroll software for FREE for 60 days using promo code LIZ: https://patriotsoftware.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Fellas discuss Silicon Valley Bank, Baboon aggression and the March Madness vasectomy trend. Congressional candidate Riley Moore joins for an interview about his campaign from West Virginia. Bethany Mandel and Karol Markowicz talk about their new book, "Stolen Youth."
Silicon Valley Bank is one of the worst bank collapses in U.S. history. But is it also the start of a wider economic panic? And is the Biden Administration's response necessary, or just laying the groundwork for an even bigger meltdown later? Charlie walks through the facts with finance expert Dave Bahnsen.Support the show: http://www.charliekirk.com/supportSee omnystudio.com/listener for privacy information.
Glenn breaks down the shutdown of Silicon Valley Bank, the bank's missteps that led to its collapse, and what this means for the economy moving forward. Glenn and Pat Gray discuss the origins of strange green lights and feminist Naomi Wolf's apology to conservatives for believing the lies surrounding Jan. 6. South Dakota Governor Kristi Noem joins to explain why she vetoed a bill that would alter the definition of "money" to pave the way for a central bank digital currency. West Virginia state Treasurer Riley Moore joins to celebrate the GOP win that got Visa and Mastercard to pause the tracking of gun purchases. 2024 presidential candidate Vivek Ramaswamy joins to discuss the fall of Silicon Valley Bank and its repercussions. Rep. Thomas Massie joins to discuss the possible collaboration to censor information regarding Silicon Valley Bank's shutdown to avoid a run on banks. Learn more about your ad choices. Visit megaphone.fm/adchoices
On Legal Docket, what counts as medical identity theft; on Moneybeat, the reasons behind America's second biggest bank failure; and on History Book, significant events from the past. Plus: an update from the World Journalism Institute mid-career course, and the Monday morning news.Support The World and Everything in It today at wng.org/donate. Additional support comes from Africa Inland Mission – partnering with churches for gospel outreach among Africa's unreached peoples. More at aimus.org. And from Dordt University. See for yourself why Dordt offers outstanding academic programs and a Christ-centered community. More at Dordt.edu/visit Join WORLD's multimedia training for college students and recent graduates. See how reporting from the field is engaging in the mission field. Apply to the World Journalism Institute College course at wji.world.
The Rich Zeoli Show- Full Episode (03/13/2023): 3:05pm- Following the collapse of Silicon Valley Bank and Signature Bank, the Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation announced they will guarantee all customer deposits—even those exceeding the FDIC's standard $250,000 per depositor guarantee. According to The Wall Street Journal, “[a] senior Treasury official said the steps didn't constitute a bailout because stock and bondholders in SVB and Signature wouldn't be protected.” Silicon Valley Bank had been the 16th largest bank in America with an estimated $175 billion in deposits, but after losing billions investing in long-term assets, customers attempted to withdraw an estimated $42 billion in deposits resulting in the bank's ultimate collapse. Read more about SVB's collapse here: https://www.wsj.com/articles/federal-reserve-rolls-out-emergency-measures-to-prevent-banking-crisis-ba4d7f98 3:30pm- Reason's Elizabeth Nolan Brown critiques the U.S. government's decision to guarantee all deposits with no limit—writing, “[f]or one thing, banks are themselves taxpayers. And in situations like this, the many institutions who act responsibly must bear the burden of bank fees in order to inoculate less responsible actors. Besides, these fees assessed on banks don't exist in a vacuum that only burdens big businesses; banks pass on the costs of regulatory compliance to customers in a number of ways. So, the idea that the government's bailout funds come from some sort of magical pool of consequence-free money is silly.” You can read Brown's editorial here: https://reason.com/2023/03/13/everyone-is-learning-the-wrong-lessons-from-the-silicon-valley-bank-collapse/ 3:40pm- Who is to blame for the collapse of Silicon Valley Bank and Signature Bank? On Monday, President Joe Biden blamed the Trump Administration for “rolling back” the Dodd-Frank Wall Street Reform and Consumer Protection Act, a federal law designed to regulate the nation's financial services industry. However, The New York Post notes that Barney Frank—the former Congressman for whom the bill is named—was a member of the Board of Directors at Signature Bank when it collapsed over the weekend. 4:00pm- While appearing on Fox News with Maria Bartiromo, Congressman James Comer (R-KY) suggested that Silicon Valley Bank's “quest for ESG [Environment, Social, and Governance] policies” may have played a role in its collapse. 4:10pm- On Monday, President Joe Biden called the U.S. banking system “safe” and credited his administration's decisions—specifically guaranteeing all deposits at Silicon Valley Bank—for avoiding the contagion-like collapse of multiple banks. But didn't the Federal Reserve ultimately decide to bailout depositors? 4:30pm- During her acceptance speech at Sunday's 95th Annual Academy Awards, Best Actress in a Leading Role Michelle Yeoh took a shot at CNN's Don Lemon for his comments about women of a certain age being “past their prime.” 4:45pm- Dr. EJ Antoni—Research Fellow for Regional Economics in the Center for Data Analysis at The Heritage Foundation—joins The Rich Zeoli Show to explain the collapse of Silicon Valley Bank and Signature Bank. Dr. Antoni debunks the Biden Administration's narrative that the Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation are not bailing out depositors with taxpayer dollars. Will the decision to bailout SVB's “gross fiscal mismanagement” encourage other banks to take on risky investments, operating under the assumption that if things go wrong the federal government will step in and save the day? 5:00pm- The Drive at 5: Dave McCormick—Veteran and former Republican candidate for U.S. Senate in Pennsylvania—joins The Rich Zeoli Show to discuss his new book, “Superpower in Peril: A Battle Plan to Renew America.” How do we decouple from China and assure American hegemony? PLUS is McCormick planning to challenge three-term Senator Bob Casey Jr. (D-PA) in 2024? McCormick's book releases March 14th: https://www.amazon.com/Superpower-Peril-Battle-Renew-America/dp/1546001956 5:20pm- During his acceptance speech at Sunday's 95th Annual Academy Awards, Best Supporting Actor Ke Huy Quan told his amazing life story—from refugee to Hollywood star, exclaiming, “This is the American Dream!” 5:40pm- WHYY reporter Cherri Gregg accused Fox 29 reporter Steve Keely's crime coverage in Philadelphia of being “very harmful” and claims it “scares people.” Is even reporting on unmitigated violence now problematic? And with over 500 homicides in Philadelphia in 2022, isn't the city inherently scary? Read more about Victor Fiorillo's editorial here:https://www.phillymag.com/news/2023/03/10/steve-keeley-fox-29/ 6:05pm- Andy Bloom—President of Andy Bloom Communications—joins The Rich Zeoli Show to discuss his latest editorial at Broad + Liberty, “Biden Plays the Blame Game.” Bloom documents the Biden Administration's instance to fault Donald Trump for everything that goes wrong. Bloom writes, “Biden has consistently blamed Trump for Covid deaths…Although largely ignored now, the Afghanistan withdrawal is one of Biden's biggest and deadliest disasters. At the time, Biden explained it was Trump's fault for making a deal with the Taliban. For some reason, THIS was the one Trump policy Biden was bound to and couldn't change. Although the last troops withdrew after the negotiated date, Biden still blamed Trump…When the Biden administration had to acknowledge that a Chinese spy balloon had penetrated U.S. airspace, they were quick to add that three prior incidents happened when Trump was president.” You can read Bloom's article here: https://broadandliberty.com/2023/03/09/andy-bloom-biden-plays-the-blame-game/ 6:30pm- While appearing on Fox News with Larry Kudlow, former Chairman of the Council of Economic Advisers Kevin Hassett revealed that buyers were willing to “step in” and purchase Silicon Valley Bank. 6:35pm- While speaking with Senator Mark Warner (D-VA) on ABC''s This Week, host Martha Raddatz baselessly claimed the Trump Administration was responsible for the collapse of Silicon Valley Bank. 6:45pm- Rep. Eric Swalwell (D-CA), White House Press Secretary Karine Jean-Pierre, and MSNBC Commentator Jen Psaki have all publicly considered the idea of censoring Fox News.
Tonight on The Last Word: The Silicon Valley Bank closure marks the second biggest bank failure in U.S. history. Also, election officials face threats over Donald Trump's big lie. And some Republicans criticize the cost of defending Ukraine. Gene Sperling, Sheelah Kolhatkar, Barton Gellman, Ruth Ben-Ghiat, and Ret. Army Lt. Colonel Alexander Vindman join Ali Velshi.
P.M. Edition for March 10. Silicon Valley Bank collapsed on Friday, after a run on deposits. SVB dragged down other bank stocks and the broader market. Financial editor Charles Forelle explains what happened, and what could be next. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices