Too bad I don't do Twitter

So am I missing something or did they just essentially bail out the bond market?

$25BN? They think $25BN will stop this bank run??? "With approval of the Treasury Secretary, the Department of the Treasury will make available up to $25 billion from the Exchange Stabilization Fund as a backstop for the BTFP."

cryptos

More than 3,500 CEOs and founders representing some 220,000 workers signed a petition started by Y Combinator appealing directly to Yellen and others to backstop depositors, warning that more than 100,000 jobs could be at risk: RTRS

GM to prepare for the fall of fiat read or listen to 1) The Sovereign Individual 2) Mandibles.

Oh boy

Launchpad's Ryan Gilbert on CNBC: "Hopefully JPMorgan is too big to fail" Yes, let's hope so. Let's also hope depositors don't pull their money from all regional banks.