Replies to post #30394 on Cycle Trading

[No-Quarter]

Janet and Steve are playing a game. Possibly to help Jerome on his day before Congress house committee?

https://finance.yahoo.com/news/steven-mnuchin-leads-1-billion-attempt-to-rescue-nycb-181312393.html




$1B cash 'rescue' for NYCB today was a distraction. Need to put 2 more zeros behind that number to actually rescue NYCB, and this is just one bank. Dozens more similar banks lining up like dominos.

Once the March 11th event(s) come to pass, I believe bank failures will be a daily occurrence. Bumpy road ahead.




More banking bumps coming from this too. GLTY