Fed’s Powell Is Telegraphing More Bank Failures – Ep 9

2 months ago
16

The chairman of the federal reserve, Jerome Powell, seems to be comfortable with the idea that some banks will fail in the near term. He uses words like manageable. We have been working with them for a long time. We are in conversations with them. please let me remind you missed the chairman. You oversee all these banks and they should not have got into a position of failure unless of course you did this by design.

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Porticoes Capital (Porticoes Financial)
https://www.pymnts.com/news/banking/2024/blank-check-firm-porticoes-plans-to-snap-up-fallen-banks/
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What is a “shelf charter”?
https://www.occ.gov/news-issuances/news-releases/2010/nr-occ-2010-8.html

Porticoes - Private Equity Funds
https://www.aurigininc.com/c/Porticoes-Capital-Corp/United-States-of-America/dWQbTP
What is a SPAC or “blank check company”
https://en.wikipedia.org/wiki/Special-purpose_acquisition_company
Fed Chairman Jerome Powell telegraphing there will be more opportunity will failing banks and these limited SPACs
https://youtu.be/XP4Ri8QcB10?si=hRj0cc0LtwFdmfA8
Michael Gayed on Daniela Carbone Show -
“Everything else is sucking wind” and “don’t let FOMO takeover”. “Risk on with large caps…no where else to turn.”

https://youtu.be/_SNpD7HPhYU?si=NIymLG99O1nYo5-

CNBC - Banks are in limbo….
https://www.cnbc.com/amp/2024/03/19/where-cracks-in-the-banking-sector-may-appear-without-more-ma.html
The Great Taking - Final Chapter Review from Vocational Science of Freedom
https://youtu.be/mk6RIC7fdjw?si=Q4Hzlp4oswVdaGdB
Mike Maloney video on TGT and holding stock certificates- The brokerage houses are so unfamiliar with someone requesting them that they needed to be trained by the investor, so he could receive them in hand.
https://youtu.be/QLT-DU-buvc?si=HhN72_W77-AsPFYJ

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