Weekly Roundup 03/17/23 feat. Alex Thorn (Bank crisis, Fed makes $2T available, Signature mysteries) (EP.406)
On The Brink with Castle Island
The FDIC Auction for Signet
The FDIC has begun the auction for Signature Bank, which was shut down last week. The bank's post-trade settlement piece, their crypto business, is not up for sale. This just feels way too fishy to me," says John Defterios. "I'm inclined to believe it"
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