RE: How Banks Played Financial Judo But in the End, Got Rekt by the Fed

Great reporting, Khal. Btw, I was calling out the banks' financial engineering on their balance sheets back in 2017, just after the election, around January of that year. I noticed how much debt the banks were holding, and how they couldn't pay it down even with ZIRP. That was a huge redflag to me. Just don't mention who OWNS Wells Fargo. He doesn't like being called out for being a criminal, nor does he appreciate being singled out as one of the biggest contributors to the pathetic state of the US financial system and the overall economy. And that isn't a conspiracy theory, Berkshire Hathaway is one of the largest owners of bank stocks in the United States, among lots of other things...

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