The *Trillion Dollar Banking Crisis* | Worse than 2008 - Do this NOW.

1 year ago
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00:00 What the Hell is Happening
03:09 Worse than 2008 | The Trillion Dollar Crisis.
05:40 PacWest Bank Failure & Lending. $PACW
10:45 Western Alliance Bank. $WAL
11:55 Goldman Sachs Sandbagging & Bailout
16:24 Maximize your Productivity with AI.
17:24 Auditor Failure.
19:00 Real Estate Crisis.
21:21 Impact to You.

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⚠️⚠️⚠️#pacwest #westernalliance #bankingcrisis ⚠️⚠️⚠️

With bank failures on the rise, the global economy is facing a trillion-dollar crisis. Here's what you need to know to protect your finances.

Works Cited
Bradham, Breanna. “Regional Banks Extend Rout as PacWest, Western Alliance Sink.” Bloomberg.com, Bloomberg, 4 May 2023, www.bloomberg.com/news/articles/2023-05-04/pacwest-first-horizon-slump-reigniting-regional-bank-jitters?sref=UigVPtjG. Accessed 4 May 2023.

“First-Citizens Bank & Trust Company, Raleigh, NC, to Assume All Deposits and Loans of Silicon Valley Bridge Bank, N.A., from the FDIC.” Fdic.gov, 2023, www.fdic.gov/news/press-releases/2023/pr23023.html. Accessed 3 May 2023.

Foley, Stephen. “Three Failed US Banks Had One Thing in Common: KPMG.” @FinancialTimes, Financial Times, 3 May 2023, www.ft.com/content/feb33914-493e-467c-b67e-28fcd1b3814d. Accessed 3 May 2023.

Fontanella-Khan, James. “Western Alliance Becomes Latest US Bank to Explore Potential Sale.” @FinancialTimes, Financial Times, 4 May 2023, www.ft.com/content/bf2bd5af-1e55-4be3-b29d-f5cae9533b29. Accessed 4 May 2023.

Franklin, Joshua, et al. “PacWest Plummets 40% as It Explores Potential Sale.” @FinancialTimes, Financial Times, 4 May 2023, www.ft.com/content/1f4550dd-9409-4307-bc4e-a97da6364c8c. Accessed 4 May 2023.

---. “PacWest Plummets 40% as It Explores Potential Sale.” @FinancialTimes, Financial Times, 4 May 2023, www.ft.com/content/1f4550dd-9409-4307-bc4e-a97da6364c8c. Accessed 4 May 2023.

“Here We Go Again: Troubled California Bank PacWest Craters 60% on Report It Is Seeking Buyers or Capital Raise | ZeroHedge.” Zerohedge.com, ZeroHedge, 2023, www.zerohedge.com/markets/here-we-go-again-troubled-california-bank-pacwest-craters-60-report-it-seeking-buyers-or. Accessed 3 May 2023.

Levitt, Hannah, et al. “First Republic’s Jumbo Mortgages Brought on Bank’s Failure.” Bloomberg.com, Bloomberg, May 2023, www.bloomberg.com/news/articles/2023-05-01/first-republic-s-history-of-jumbo-mortgages-led-bank-to-failure-sale. Accessed 3 May 2023.

Monks, Matthew. “PacWest Is Weighing Strategic Options, Including Possible Sale.” Bloomberg.com, Bloomberg, 3 May 2023, www.bloomberg.com/news/articles/2023-05-03/pacwest-said-to-weigh-strategic-options-including-possible-sale?srnd=premium. Accessed 3 May 2023.

“Subsidiary of New York Community Bancorp, Inc., to Assume Deposits of Signature Bridge Bank, N.A., from the FDIC.” Fdic.gov, 2023, www.fdic.gov/news/press-releases/2023/pr23021.html. Accessed 3 May 2023.

Tan, Gillian. “FDIC’s McKernan Says Failed-Bank Auctions Aren’t Competitive.” @BLaw, 3 May 2023, news.bloomberglaw.com/banking-law/fdics-mckernan-says-failed-bank-auctions-arent-competitive. Accessed 3 May 2023.

“The Banking Collapse of 2023 Is Now Officially Bigger than the Banking Collapse of 2008 | ZeroHedge.” Zerohedge.com, ZeroHedge, 2023, www.zerohedge.com/markets/banking-collapse-2023-now-officially-bigger-banking-collapse-2008. Accessed 3 May 2023.

“The US Banking System Is Sound? | ZeroHedge.” Zerohedge.com, ZeroHedge, 2023, www.zerohedge.com/markets/us-banking-system-sound. Accessed 3 May 2023.

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