The Fifth Comorbidity: Publicly Traded Banks

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All of these bank failure cases, they were all publicly traded. So that sets up the vicious feedback loop. Stock price declines on some fear. Corporate treasure looks at the stock price declining and make a decision to wire funds out to another bank. That causes other corporate treasures to do a bank run. This actually produces some sort of defense for banks that are not publicly traded. How many banks are publicly traded? Good question. There's 4,000 banks across the United States. And the vast majority of them are small community banks. The orange boxes have had stock price pressure the last one or two weeks. But it creates some comfort in that there's a finite set of banks that have these

Ram Ahluwalia, CEO of Lumida Wealth Management, joins us for his second time on Bankless to discuss the latest bank failure and what it means for the rest of the traditional finance system.

Are there more failures to come? Can crypto save the banks? Why are politicians being quiet this time around? What will Powell do next? Answers to these questions and much more in the episode.

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------ Timestamps:

0:00 Intro 8:30 Season Two of the Banking Crisis 10:38 First Republic Bank 13:00 Politicians Being Quiet? 15:13 Ram's Slide Agenda 16:10 Co-Morbidities of Bank Failures 23:40 Negative Equitites 24:40 Publicly Traded Banks 30:27 The Walls Preventing a Collapse 35:40 The Banks' Mycelium Network 39:26 What's the Problem? 45:50 Commercial Real Estate 47:10 The Next 2008? 50:10 CRE Risk 53:07 Arthur Hayes Take 56:40 Balaji Take 1:01:13 Will Powell Blink? 1:03:20 How to Fix the Banks 1:09:35 How Crypto Saves the Banks? 1:12:55 Closing & Disclaimers

------ Resources:

Ram Ahluwalia https://twitter.com/ramahluwalia

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