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11 results for “banking”
Topic3 mentions across episodes
banking
real estate lending, and small business lending is done by these smaller banks. The big money center banks are not good at real estate lending. They've gotten out of that business. But commercial real estate is a major part of our economy, and you ha
27:54 / 29:37
from transcript27:54 – 29:37
94% of their deposits sat uninsured while the solution gathered dust. That failure revealed something bigger. America has nearly 10,000 banks and credit unions, an order of magnitude more than any other country. This fragmented system is either our g
0:43 / 1:48
from transcript0:43 – 1:48
deposits. That meant that everyone would be made whole in the case of the failure, and it was a tough decision. I think there was a question. I was arguing and questioning, should we be maybe raising the limit dramatically, perhaps to 25 or $50,000,0
24:00 / 25:00
from transcript24:00 – 25:00
straightforward mortgage or a straightforward small business loan. So when you have particularly a bank that doesn't have experience in a product that may pose some real risks to them, I don't think it's unreasonable for a bank regulator to kick the
33:43 / 34:56
from transcript33:43 – 34:56
access to more deposit insurance to their customers. Mhmm. So you're a community bank. You wanna bank a business. They have 10,000,000 of deposits. Normally, that's insured up to 250,000. With a deposit network through these exchange mechanisms, by p
14:12 / 15:20
from transcript14:12 – 15:20
If investors are gonna invest, they have to feel that this is a safe investment, so maybe they keep tightening. On the other hand, they're in the business of making loans. Maybe the volume of loans, the absolute volume of loans is more important than
26:56 / 28:00
from transcript26:56 – 28:00
and they had home loan lines. They didn't have any discount window lines. Now the discount window will lend against treasuries and agencies pretty simply because it's basically settled electronically through effectively the Fedwire system. If you're
45:45 / 46:53
from transcript45:45 – 46:53
Okay. Because they're got a full faith and credit guarantee on deposits. And they're trying to apparently, they're saying they're open for business. They're making loans. They're doing whatever. That's now a quasi governmental institution. I think th
29:01 / 30:30
from transcript29:01 – 30:30
It's an important understanding when you're dealing with banks what their regulatory scheme is. State chartered banks, credit unions, federally chartered banks, they all have slightly different ways they operate and how they're regulated. Because at
39:34 / 40:48
from transcript39:34 – 40:48
That gave rise to all these excess reserves. Fed fund market is basically dead. The Fed sets that rate. Nobody trades on that rate. It's as dead as LIBOR. It's gone. I don't even know why they caught talk about it anymore. Now you have they basically
44:59 / 46:01
from transcript44:59 – 46:01
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