Weekly Roundup 02/07/25 (FDIC Files, House & Senate Hearings, SEC crypto priorities) (EP.594)
Episode publishedPodcast: On The Brink with Castle Islan...On The Brink with Castle Island
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Matt Walsh and Nick Carter are partners at Castle Island Ventures. All of these expressed by them or the guests on this podcast are solely their opinions and do not reflect the opinions of Castle Island Ventures. Guests and those may maintain positions in the assets discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their personal opinion. This podcast is for informational purposes only. Brought
down by Bad Mortgage Investments, Lehman, which has 25,000 employees, will be liquidated. The federal government loans American International Group, AIG, eighty five billion dollars. This is a different kind of market, and the Fed is asleep. The
federal government is stepping it to stabilize Fannie Mae and Freddie Mac, the two mortgage giants that have been threatened by the housing crisis. The Bank of England has
pumped £75,000,000,000 more into Britain's ailing economy with a new round of quantitative easing. You
print a couple trillion dollars and all of a sudden people start to worry. So out of this worry, we have something called Welcome
to On the Brink. I'm Matt Walsh. And I'm Nick Carter. And we are recording this in person with one microphone. This is a dumpster fire right now.
We're the this is the most under duress we've ever been recording apocalypse episode. We're in Vermont. We're close to Canada right now. There's a blizzard outside. We're actually trapped here in the lodge because the shuttle is gone missing. I feel like we're in a Stephen King novel.
We're we're actually recording this in a ski lodge where we just had our off-site and we're trying to get back to our hotel so that we can actually enjoy some skiing. But we are snowed in literally in a blizzard right now.
We did do something fun last night though. We went up the mountain and well, it was also kinda busted too, frankly. So we were meant to go up in this big, like, tank thing, and then the tank broke. So then we had to go up in the groomers.
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