{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Avoid Crisis","title":"Hoodwinked by FDIC Hood Robin","html":"","width":"100%","height":180,"duration":1662,"description":"May 4, 2023 - Avoid Crisis hosts Reynaldo Arellano and Allen Plyler get strapped in for a Marathon Man reminder and question listeners with \"Is it Safe”? The pleas for the Biden Administration to recognize the banking crisis is turning into a political crisis fall on deaf ears as the FDIC Hoodwinks the public by stealing from the poor regional banks, then in Hood Robin style, auctions off a give to a rich bank JP Morgan Chase. One bank, two bank, three bank, four. Four is a bunch and count on more.Key Points from Rey:Is it safe out there? First Republic Bank is taken over.The Fed is so fixated on inflation. They were oblivious to the collateral damage. Silicon Valley Bank was a fatality. The Fed is saying the FDIC is an antidote. No. We called it here before. We need to stop the shorting on the regional banks, and to change the rules on banks.Let’s keep trying to get the word out the best we can. Let’s see if people can catch up and see what is going to happen. Our banking system was never designed to handle the money in and money out that is happening today.Social media can collude with short sellers to tank a bank, and they can keep doing that.The deal gave a good set of assets to JP Morgan Chase with the sale of First Republic Bank forpennies on the dollar.The consumers and investors are not protected here. The banking system is too volatile. The deposit flight is taking money away from regional banks, and some of that is going to bigger banks.The investor is in the chair and wondering if it safe. It is a mess. All we can say is adjust your portfolio if you feel you have exposures.The bank balance sheet needs to be fixed and the Federal Reserve needs to lend against devaluation of bonds based on interest rates.How far will this go before people understand this is pervasive in the system.Pension funds are investors as well. The Fed doesn’t realize the impact here. There is international exposure.Credit Unions have the same issues on the balance sheet as the...","thumbnail_url":"https://img.transistorcdn.com/_AOfILLyaGP4Yslw8CtAqNgEfnClfxGgQ3-mzMqbkv0/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQwMjc2LzE2ODAy/Nzg3ODgtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}