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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 to 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 a Bitcoin.
Welcome to On the Brink. I'm Matt Walsh. And
I'm Nick Carter.
So the strategic reserve happened, I guess the Friday that we released the podcast. We have clear direction on the strategic reserve, and I for one think we ended up in a pretty good spot there.
Yeah. Why does news always break the day after we record? What's up with that?
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