The Banker Next Door

Episode 93: Inflation continues to run hot!

This episode examines the current inflation data from this past week and the impact that inflation is having on the overall economy. Dollar Family is closing 1,000 stores! Restaurants are struggling to stay afloat.  

Episode 92: Binance in trouble, Blackrock in love? (Crypto Series Part VII)

This episode continues the crypto series with a look at two executives from Binance that were detained in Nigeria and accused of crashing the country’s currency! We also look at Blackrock’s newfound love affair with Bitcoin and ask why now?
Links to Wall Street Journal Articles:
How Bitcoin Made a Believer Out of BlackRock - WSJ
Crypto Gets Blamed for a Real-Life Currency Crisis in Nigeria - WSJ

Episode 91: Confusion and chaos in the college admissions season!

This episode examines the current situation with college admissions including the revised FAFSA forms, SCOTUS decision, and optional tests such as ACT and SAT. Understanding your financial aid package is going to be very difficult right now. Please share this with anyone that you know is currently applying to college.
Link to Wall Street Journal Article: The Most Confusing, Chaotic College Admissions Season in Years - WSJ

Episode 90: The Lords of Easy Money Part 6

In this episode we continue to review the book The Lords of Easy Money by Christopher Leonard. This book is about the Federal Reserve’s actions from 2008-2021.  The author provides the reader a behind the scenes view on the discussions inside the Fed and ultimately, we see how their eventual actions played out in the larger economy. Did the Fed save the day or permanently destroy our economy? In this episode we review chapter 5. This is a multi-part series.  

Episode 89: The Lords of Easy Money Part 5

In this episode we continue to review the book The Lords of Easy Money by Christopher Leonard. This book is about the Federal Reserve’s actions from 2008-2021.  The author provides the reader a behind the scenes view on the discussions inside the Fed and ultimately, we see how their eventual actions played out in the larger economy. Did the Fed save the day or permanently destroy our economy? In this episode we review chapter 4. This is a multi-part series.  

Episode 88: Banking Update 3-10-2024

This episode provides a weekly update on U.S. banking industry news.

Episode 87: NYCB rollercoaster continues!

This episode examines the continuing roller coaster ride for New York Community Bancorp. NYCB was rescued this week after investors replaced the CEO and injected over $1 Billion in fresh capital. NYCB’s stock has plummeted recently as they have announced revisions to their financial statements, replaced their CEO and other executives, disclosed a lack of internal controls, in addition to stating that 40% of their office loan portfolio is currently labelled as “criticized.” Will the new CEO and injection of capital be enough to save this bank?
Link to episode 63: NYCB in trouble - https://youtu.be/U7Qci7xdrns

Episode 86: Review of FDIC Quarterly Banking Profile (Q4 2023)

This episode reviews the 4th quarter of 2023 FDIC quarterly banking profile report. We run through the highlights and break down what is included in the report. This is a very important report that gets released quarterly by the FDIC. It reviews the overall performance of the U.S. banking industry.
Link to FDIC Quarterly Banking Profile - Fourth Quarter 2023

Episode 85: Beneficial Ownership Information (BOI) Update!

This episode provides an update on Beneficial Ownership Information (BOI) through the Corporate Transparency Act (CTA). Major court ruling this week!
Link to FinCen BOI website - https://www.fincen.gov/boi
Link to episode 40: Beneficial Ownership Information - https://youtu.be/LgNY199MNo0

Episode 84: Financial Tips for Gen Z with Alex Blom Creates

This episode is an Interview with Alex Blomstrom owner of Alex Blom Creates to address financial questions she has received from social media followers. We focus on things to do, things not to do, good financial habits and building a team. We then go through specific items including credit cards, credit reports, budgeting, student loans, insurance, and getting your first apartment. Be sure to check out Alex’s website at:  
www.alexblomcreates.com