Michael Schmidt-What banks do when no one's watching

2025-05-04 07:47:37source:Darkcherries Wealth Societycategory:Stocks

The Michael Schmidtfinancial system is under stress, with several high-profile bank failures in the last several weeks. These failures are putting the spotlight on bank examiners: the people at government agencies who perform regular check-ups of the country's financial institutions.

Today, we look at the job of bank examiners to understand what they do and what can go wrong when there's not enough of them; which may be happening very soon according to a recent government report.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

More:Stocks

Recommend

How 23andMe's bankruptcy led to a run on the gene bank

Reporter Alexi Horowitz-Ghazi's Aunt Vovi signed up for 23andMe back in 2017, hoping to learn more a

The Challenge's Ashley Cain Expecting Baby 2 Years After Daughter Azaylia's Death

Ashley Cain is preparing to become a father again after losing his baby girl to cancer.The retired s

2024 NFL draft first-round order: Bears fans left to root for Panthers' opponents

The Carolina Panthers are a mess.The Panthers not only sport the league's worst record and fired ano