The Basis Point - Page 2 of 548 - Money, Banking, Housing, Fintech

‘Bailout Nation’ author Barry Ritholtz answers: What is a Bailout?

Jamie Dimon leads next steps on First Republic rescue. Other key regional banks holding up.

‘The Fed knows what it’s doing’ and it gets its role as lender of last resort

Will U.S. regulators broker a First Republic sale like Swiss did with Credit Suisse?

UBS buying Credit Suisse for $3.25b with Swiss help ‘is no bailout’

This is no bailout. This is a commercial solution. [Credit Suisse] bankruptcy would have had huge collateral damage on the Swiss financial market and with a risk of contagion internationally. The US and UK were very grateful for this solution.

If Credit Suisse rejects ‘up to $1b’ UBS offer, Switzerland may take it over

Of course techy libertarians expect government to cover their SVB losses

What UBS Wants If It Takes Over Credit Suisse – via FT

The role of financial media in a crisis & how it’s different in social era

Credit Suisse & First Republic post-rescue strain remained. Now UBS mulls Credit Suisse takeover with gov’t help.

U.S. needs half a million construction workers, but nobody seems interested

Mortgage rates end bank crisis week at 6.5%. Will they go lower after March 22 Fed?

ESSAY: Creative agency owner and Silicon Valley Bank client blames VCs for bank’s failure

First Republic drops despite rescue by 11 big banks. Dividend cut or sale rumors?

Every word ‘Big Short’ bank genius Steve Eisman says about 2023 crisis is important