Bank Runs In The US, FDIC Says Knock It Off, Caught Insider Trading Telecommuting Stocks In January
Beschreibung
We have a rush of articles that have been everywhere discussing the bank runs in the US and the FDIC has asked people to stop taking out large sums of cash because the banking system in the US is strong. A number of different banks have reported a large increase of customers including one couple who withdrew $250,000 according to the Wall Street Journal. Several large banks had executives attempt to assure the public there is no problem in the US banking sector and there is no issue with bank liquidity. They say there is no need for people to take out more cash than they usually do was the message. We also 4 senators were caught insider trading after realizing the US economy was in for a shock. Several purchased stock in telecommuting companies suggesting they understood the value in owning companies that are used in working from home. This happened in January and I don't know why they are allowed to own equities at all it seems like everything ends up being a conflict of interest.
