"I'm starting to nibble on some of these common situations," he says. "New York Community Bank, I think, is very interesting because they just bought all those assets from Signature" Chris: JP Morgan, City, Goldman, B of A. They're fine? Yeah. But you know what? It pains me."
Chris Whalen, Institutional Risk Analyst and Chairman of Whalen Global Advisors, discusses the continuing turmoil in the banking sector and the role the Fed has played in the chaos. Thomas Kralow, CEO at Kralow Enterprises, explains how banking uncertainty is impacting cryptocurrencies. And we Drive to the Close with Dana D’Auria, Co-CIO of Envestnet PMC.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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