I'm Melissa Lee and this is Fast Money.

Tonight's Trader lineup, Guy Dami,

Tim Seymour, Karen Feinerman, and Dan Nathan.

Tonight on Fast, a wake up call for banks,

former FDIC chair Sheila Baer,

sounding the alarm in the wake of the arcticost implosion,

while she says it's not a matter of it,

but when something like this happens again,

plus hitting the jackpot,

New York State giving the green light

for online sports betting.

So should you go all in on this trade

and later Elon Musk, Kathy Wood,

and the Buffett indicator.

What two of the most captivating figures in the market

tweeted that got our attention.

When we start off with new developments

in the aftermath of the arcticost implosion,

we've got exclusive new reporting

on how one big bank dodged a major bullet just hours

before the hedge fund went bust.

C-A-B-C dot com's Hugh Sahn

...