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Michael Burry bought up millions worth of troubled regional bank stock last quarter including First Republic
Finance
Michael Burry bought up millions worth of troubled regional bank stock last quarter including First Republic
By Hema Parmar and BloombergMay 15, 2023
Ex-CEO of Silicon Valley Bank’s parent blames its collapse partly on ‘rumors and misconceptions’ spread through social media
Finance
Ex-CEO of Silicon Valley Bank’s parent blames its collapse partly on ‘rumors and misconceptions’ spread through social media
By Max Reyes and BloombergMay 15, 2023
hands open an envelope to reveal a $100 bill.
Personal Finance
Why people are making TikToks of themselves stuffing cash into envelopes, like Granny used to do
By Chloe BergerMay 12, 2023
Jamie Dimon says he won’t be buying any more failed banks: ‘It’s a lot of work’
Finance
Jamie Dimon says he won’t be buying any more failed banks: ‘It’s a lot of work’
By Will DanielMay 11, 2023
Mercury has attracted over $2 billion in deposits since SVB fell. Now its CEO is trying to convince startups to stick around
Newsletters
Mercury has attracted over $2 billion in deposits since SVB fell. Now its CEO is trying to convince startups to stick around
By Lucy BrewsterMay 11, 2023
Shark Tank’s Kevin O’Leary says failing regional banks should be allowed to collapse: ‘Let the ones run by idiots go to zero’
Finance
Shark Tank’s Kevin O’Leary says failing regional banks should be allowed to collapse: ‘Let the ones run by idiots go to zero’
By Chloe TaylorMay 10, 2023
America is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money
Commentary
America is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money
By Alvaro Vargas LlosaMay 9, 2023
Goldman Sachs
Finance
Goldman Sachs is paying $215 million to 2,800 women who accused it of sexism in the workplace
By Michelle Chapman and The Associated PressMay 9, 2023
Banks are getting tighter with lending after three banks collapsed and they could get even tougher in the future
Finance
Banks are getting tighter with lending after three banks collapsed and they could get even tougher in the future
By Christopher Rugaber and The Associated PressMay 8, 2023
Investors pose next to a likeness of Berkshire Hathaway CEO Warren Buffett.
Finance
Warren Buffett wants to lock them up, saying bank execs should face ‘punishment’ when lenders fail: ‘The CEO and directors should suffer’
By Christiaan HetznerMay 8, 2023
A Pacific Western Bank sign is seen on May 4, 2023 in Los Angeles
Finance
Bank shares nearing crisis-era threshold sparks alarm: ‘You can’t have a bull market if bank stocks are falling’
By Jessica Menton, Elena Popina, Bre Bradham and BloombergMay 7, 2023
Shares in beleaguered PacWest soar up to 96% as regional bank stocks comes roaring back to life and investors try catching ‘a falling knife’
Finance
Shares in beleaguered PacWest soar up to 96% as regional bank stocks comes roaring back to life and investors try catching ‘a falling knife’
By Kit Rees, Rick Green and BloombergMay 5, 2023
First Republic
Finance
Who’s next? Investors ravage regional bank stocks as Darwinian search for ‘the weakest’ grips Wall Street.
By Ken Sweet, Michelle Chapman and The Associated PressMay 4, 2023
Billionaire investing royalty is scared about more bank failures: ‘We are running out of time to fix this problem’
Finance
Billionaire investing royalty is scared about more bank failures: ‘We are running out of time to fix this problem’
By Will DanielMay 4, 2023
Feds probe Goldman Sachs role in failed SVB fundraising deal that helped push U.S. regional banking system into turmoil
Finance
Feds probe Goldman Sachs role in failed SVB fundraising deal that helped push U.S. regional banking system into turmoil
By Sridhar Natarajan and BloombergMay 4, 2023
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Success
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers—‘or you’re neurodivergent’placeholder alt text
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Big Tech
Nvidia built a $5 trillion company while making employees pay for their own lunch—but they get far more lucrative perks like stock discountsplaceholder alt text
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