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Dark To Light with Frank & Beanz

Dark To Light: As the Banks Fail

Dark To Light with Frank & Beanz

Tracy Beanz

4.71.6K Ratings

🗓️ 13 March 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

Today we do our best with the bank failure that struck on Friday after we finished recording. We have Adam Carter to start the show and give some background and expertise, and then Beanz takes it to run down what she thinks may be going on in this pretty crazy and fluid situation. What is the tie to crypto? If someone can answer, that would be great!
Links Mentioned In This Episode
Zeitgeist: Addendum: https://www.youtube.com/watch?v=m6KqpG1xCrw
CFP has ALL the headlines you need today: https://citizenfreepress.com/
Also check Unusual Whales on Twitter: https://twitter.com/unusual_whales?s=20
Follow Frank on Twitter, subscribe to his YouTube channel, and follow his solo podcast, Quite Frankly! Click here if you’d like to support Quite Frankly!
Join our Locals Community for the pre-show at http://UncoverDC.locals.com and check the show notes for links.
Click here if you’d like to support UncoverDC.com!
Also, don’t forget to check out and follow the Dark To Light Telegram Room! (https://t.me/DarktoLightPodcast)
Subscribe to Dark To Light With Frank & Beanz on Apple Podcasts, Stitcher, TuneIn Radio, Google Play, the iHeartRadio app, and now on Spotify!

Transcript

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0:00.0

radioinfluenced.com

0:15.0

Good afternoon everyone and welcome to the Monday edition of the Dark Delight Podcast with Spring Forward Val and...

0:22.0

Beans!

0:24.0

Why do they have to keep screwing with us with this time change? I'm a mess!

0:29.0

Oh well I'm well yes the first week of Spring Forward blows.

0:34.0

Like what the hell I'm like okay it's really actually 5.30, it's really actually 4.30 like that hour?

0:42.0

It takes a couple of days for me with Spring Forward fall back I'm fine I'm fine with everything.

0:47.0

But I thought I thought that this already went through Congress I thought that this was our last Spring Forward and then people said no no no no no no it's not official yet.

0:57.0

I thought that it passed. They can't even pass the Spring Forward bill let alone do anything else with themselves.

1:02.0

But today given the tumultuous state we find ourselves in in the financial area we've brought on a quasi expert.

1:11.0

His name is Carter Adam Carter Adam would you give everybody a little background on where you're coming from just so they know like where to rank your commentary for themselves?

1:26.0

So I am a accountant by trade I am a CPA I worked for one of the major investment banks for probably two or three years.

1:38.0

Oh so it's your fault?

1:40.0

Yeah well my fault so I was one of the guys sitting there booking journal entries so I wasn't on the actual side of the business where they were actually trading money and doing deals and you know managing bank accounts

1:55.0

I was just one of the guys booking debts and credits in the on the back end so if you compare it to let's say a manufacturer.

2:06.0

You know the traders out on the floor those are the factory workers and I was in the back office you know just doing the account.

2:13.0

But you have to know something about something to be able to do that correct.

2:18.0

But it waltz in there and be like I'm going to do this job.

2:22.0

But part of that is I was you know my job to comply with all the regulations that were being passed.

2:29.0

Sarveen's oxley dot Frank that type of stuff.

2:32.0

Okay so you were a compliance and okay all right so as in case anybody didn't know on Friday SVB bank silicone valley bank was taken over by the FDIC correct.

2:47.0

Or the Fed who took it over the FDIC I think it was the FDIC.

...

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