#427: Killer Whale Liquidity Crisis with John Titus
TFTC: A Bitcoin Podcast
00:00
The Consequences of the Bank Crisis in North Carolina
The odds of three random banks being in the top 47 or one on 100 times is less than one in a million. The next rung down, the two big to fail banks are the ones that are failing because they're protected by the Prince of Darkness on high. Goldman Sachs and Morgan Stanley get their commercial banking licenses overnight from the Fed. If you pay back TARP and you pay back your bailout, how come JP Morgan still have its commercial banking licenses?
Transcript
Play full episode
