Weekly Roundup 03/17/23 feat. Alex Thorn (Bank crisis, Fed makes $2T available, Signature mysteries) (EP.406)
On The Brink with Castle Island
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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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