Fear vs Greed - Standoff between hedge fund vs Yellen & Powell
To drag out the “mini banking crisis” actually help to Powell/Yellen to address and reduce the ample liquidity & slow down the inflation rate.
Time to Win big or go home. 😎
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Loyalniceguy OP : JPMORGAN bought the bank after FDIC seized the failed bank.
Loyalniceguy OP : JPMorgan won big with one time $2.6B gain, and accumulated profit of $500M yearly with the acquisition. Yellen inept handling of the FRC situation resulted in more regional banks to be in turmoil with pacwest-27.78%; Western Alliance-15.12%; with the next 10 regional banks easy target for hedge funds to short and crash USA equites easily. Time to exit.