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This week on Taking Stock, Chives was joined by Hoose to talk about the term meme stocks, GameStop’s credit card provided through Comenity bank, the banking sector at large, JPMorgan Chase’s plurality of customer deposits, and NYC Bancorp’s needing to be rescued by private equity.
Many sources to be found at the bottom of the show notes today.
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Twitter/X Link:
https://twitter.com/i/spaces/1MnGnMXWZWVKO
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Join the Community:
Join us on Discord - https://mee6.xyz/en/i/vYJSX1ghMl
Join us on Lemmy - https://lemmy.whynotdrs.org/
Visit https://www.drsgme.org and https://www.whydrs.org
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Links and Resources:
GameStop's Credit Card
https://d.comenity.net/ac/gamestop/public/home
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JP Morgan & First Republic Bank Articles
https://www.cbsnews.com/news/first-republic-bank-fdic-jpmorgan-chase-control/
https://www.nytimes.com/2023/05/01/business/first-republic-jpmorgan-fdic.html
https://www.npr.org/2023/05/02/1173247344/with-a-recent-takeover-there-are-worries-jpmorgan-chase-has-grown-too-large
https://www.reuters.com/business/finance/jpmorgans-deal-collapsed-first-republic-explained-2023-05-01/
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NPR on the FDIC
https://www.npr.org/2023/03/13/1163138002/the-fdic-insurance-limit-was-last-raised-in-2008-heres-how-it-works
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Forbes on US Dollar Death Spiral
https://www.forbes.com/sites/digital-assets/2024/03/04/us-dollar-collapse-bank-of-america-issues-shocking-1-trillion-every-100-days-warning-amid-huge-bitcoin-ethereum-xrp-and-crypto-price-boom-to-rival-gold/amp/
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MarketWatch on NYCB
https://www.marketwatch.com/story/nycb-raises-more-than-1-billion-in-equity-investment-anchored-by-former-treasury-secretary-steven-mnuchins-firm-afdd2363
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Wall Street on Parade on NYCB
https://wallstreetonparade.com/2024/03/new-york-community-bancorp-was-jpmorgans-top-regional-bank-pick-for-2024-its-lost-73-percent-y-t-d-and-had-its-deposit-rating-downgraded-to-junk/
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Special Thanks to:
Craiyon.com for help with the logo design
Wooch for the intro & outro music
By WhyDRS.orgThis week on Taking Stock, Chives was joined by Hoose to talk about the term meme stocks, GameStop’s credit card provided through Comenity bank, the banking sector at large, JPMorgan Chase’s plurality of customer deposits, and NYC Bancorp’s needing to be rescued by private equity.
Many sources to be found at the bottom of the show notes today.
-
Twitter/X Link:
https://twitter.com/i/spaces/1MnGnMXWZWVKO
-
Join the Community:
Join us on Discord - https://mee6.xyz/en/i/vYJSX1ghMl
Join us on Lemmy - https://lemmy.whynotdrs.org/
Visit https://www.drsgme.org and https://www.whydrs.org
-
Links and Resources:
GameStop's Credit Card
https://d.comenity.net/ac/gamestop/public/home
-
JP Morgan & First Republic Bank Articles
https://www.cbsnews.com/news/first-republic-bank-fdic-jpmorgan-chase-control/
https://www.nytimes.com/2023/05/01/business/first-republic-jpmorgan-fdic.html
https://www.npr.org/2023/05/02/1173247344/with-a-recent-takeover-there-are-worries-jpmorgan-chase-has-grown-too-large
https://www.reuters.com/business/finance/jpmorgans-deal-collapsed-first-republic-explained-2023-05-01/
-
NPR on the FDIC
https://www.npr.org/2023/03/13/1163138002/the-fdic-insurance-limit-was-last-raised-in-2008-heres-how-it-works
-
Forbes on US Dollar Death Spiral
https://www.forbes.com/sites/digital-assets/2024/03/04/us-dollar-collapse-bank-of-america-issues-shocking-1-trillion-every-100-days-warning-amid-huge-bitcoin-ethereum-xrp-and-crypto-price-boom-to-rival-gold/amp/
-
MarketWatch on NYCB
https://www.marketwatch.com/story/nycb-raises-more-than-1-billion-in-equity-investment-anchored-by-former-treasury-secretary-steven-mnuchins-firm-afdd2363
-
Wall Street on Parade on NYCB
https://wallstreetonparade.com/2024/03/new-york-community-bancorp-was-jpmorgans-top-regional-bank-pick-for-2024-its-lost-73-percent-y-t-d-and-had-its-deposit-rating-downgraded-to-junk/
-
Special Thanks to:
Craiyon.com for help with the logo design
Wooch for the intro & outro music