SEC Chair Gary Gensler: “Though I’m not suggesting that such individual funds areas large as today’s largest banks, as noted in the Federal Reserve’s recent Financial Stability Report, the largest hedge funds by gross asset value have at times on average exceeded 20-to-1 leverage.

by Dismal-Jellyfish https://www.sec.gov/news/speech/gensler-honest-unbiased-investment-management-05192023#_ftn10 SEC Chair Gary Gensler in speech “Honest and Unbiased Investment Management”: Remarks before the Inaugural Conference on Emerging Trends in Asset Management Highlights Private Funds: Today, nearly 75 years later, the private fund industry has grown to …

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John P. Hussman: ‘Why do cash reserves, not new loans, dominate the increase in M2 over the past decade? Why were banks enticed into accumulating Treasury securities that have led to massive balance sheet losses?’

Why do banks have $8 trillion in uninsured deposits? Why do cash reserves, not new loans, dominate the increase in M2 over the past decade? Why were banks enticed into accumulating Treasury securities that have led to massive balance sheet …

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What banks need is a recession and lower interest rates ASAP. Because they can’t make money borrowing at a Fed rate of 5% against a bond portfolio yielding 2%. But, rates won’t come down until banks implode

by BoatSurfer600 Zen Second Life In this chart we see that every small cap death cross since 2009 has led to S&P 500 crash. Four out of five times were due to either fiscal or monetary tightening. This time, we …

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Senator John Kennedy: Banks are just … sophisticated ponzi schemes…. Mohamed El-Elrian: We’re making the big banks bigger… We have increased moral hazard.

Senator John Kennedy: "Banks are just … sophisticated ponzi schemes. pic.twitter.com/tBaOIBOsbi — unusual_whales (@unusual_whales) May 6, 2023 "We're making the big banks bigger," says Mohamed El-Elrian on $JPM buying $FRC. "We're changing the conventional wisdom about what is a safe …

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The FDIC admits to being asleep at the wheel regulating Signature Bank! How many more banks should the FDIC escalated supervisory actions sooner on? At what point should supervisory action be escalated for First Republic?

by Dismal-Jellyfish Source: https://www.fdic.gov/news/press-releases/2023/pr23033a.pdf   Regulators Knew Silicon Valley Bank Was in Trouble Since 2021, Did Not Step In A closer look at the months leading up to the collapse of Silicon Valley Bank, the second-largest bank collapse in history, shows …

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