4min chapter

Hedgeye Podcasts cover image

The Mother of All Bubbles is Popping [PART 2]: Bank Failures, Contagion Risk & Coming Credit Event

Hedgeye Podcasts

CHAPTER

The Fall of the Knickerbocker Trust Company

The collapse of two brokerage firms and then depositors in financial institutions that were deemed to be related to these insurgents began to run on those banks. The runs spread to the very large trust companies of New York. JP Morgan, who was attending a church conference in Richmond, Virginia, is urged by his firm to commence deliberations about what could be done to quell the crisis.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode