Weekly Roundup 08/09/24 (Japan chaos, Ripple settles for $125m, Customers bank) (EP.551)
Episode publishedPodcast: On The Brink with Castle Islan...On The Brink with Castle Island
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Matt: 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.
Matt: Put down by bad mortgage investments, Lehman, which has 25 1,000 employees, will be liquidated.
Nic: The federal government loans American International Group, AIG, $85,000,000,000.
Matt: This is a different kind of market, and the Fed is asleep.
Nic: The federal government is stepping it to stabilize Fannie Mae and Freddie Mac, the 2 mortgage giants that have been threatened by the housing crisis.
Nic: The Bank of England has pumped 70 £5,000,000,000 more into Britain's ailing economy with a new round of constant easing.
Nic: You print a couple $1,000,000,000,000 and all of a sudden people start to worry. So out of this worry, we have something called the Bitcoin. Bitcoin.
Matt: Welcome to On the Brink. I'm Matt Walsh. And I'm Nick Carter. And this episode is brought to you by Withum. If you are a regular listener to the show, you know we are serious about tax accounting and auditing, and so are most of the startups in the digital asset ecosystem.
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