News: Breaking: Another Bank Just Failed...Here's What We Know So Far
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 31 July 2023
⏱️ 5 minutes
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Summary
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Transcript
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| 0:00.0 | Hello, fellow Robo capitalists, hope you're well. |
| 0:02.0 | So quick news here. |
| 0:03.2 | Just got back from the gym, looked at my phone, |
| 0:05.0 | and saw that we had another bank fail. |
| 0:07.6 | And it's not being taken over. |
| 0:10.2 | This one absolutely failed. |
| 0:11.7 | The regulators just closed it. They usually do this on a Friday |
| 0:14.8 | So that would be the fifth bank this year to go bust. Let's get right over to Twitter. |
| 0:21.8 | I think this is the only place that's actually |
| 0:24.0 | picked this up. It just happened maybe 10-15 minutes ago or they announced this. |
| 0:28.1 | So let me do a quick screen share and hop over there to give you guys all the |
| 0:31.4 | details that I have. |
| 0:32.8 | We see from Bitcoin magazine, U.S. Bank Heartland Tri-State. |
| 0:39.2 | I believe this is a Kansas bank out of Elkhart, Kansas. |
| 0:44.4 | So you scroll down here if I can. |
| 0:47.1 | Same thing here from Insider Paper. |
| 0:50.1 | Heartland Tri-State Bank of Elkhirt, Kansas becomes fifth bank, a fifth U.S. Bank to fail |
| 0:58.0 | this year just closed by regulators. |
| 1:00.0 | We got it in Spanish. |
| 1:01.0 | It's pretty much just kind of press releases that we see right now. |
| 1:05.8 | It's from a lot of different sources, so I'm pretty confident in saying this is accurate. |
| 1:12.6 | Let's go ahead and shoot over to Google really quick here to double check |
... |
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