The Federal Reserve’s system that allows financial institutions, such as banks, to send money to and fro electronically went down for several hours February 24, 2021, but appeared to be coming back online later that afternoon.

The “operational error,” as the Fed Reserve described it, impacted multiple services, including the pivotal automated clearinghouse system, which connects depository and related institutions sending electronic credit and debt transfers.

There were no initial indications that foul play was suspected.

Along with the Fed ACH service, other systems impacted included Check 21, FedCash, Fedwire and the national settlement service.

Meanwhile, GME and AMC shares increased at record rates.

Jake Mammal and Oliver Cuttle, neither of whom are financial advisors, discuss the conspiracy behind the big financial institutions and GameStop and AMC shares. Jake and Oliver also discuss the legendary Houstonian, Mattress Mack.