TEK2day

Operating at the Intersection of Technology and the Capital Markets

    Tag: Bailouts

    • Weekly Update: Bank Term Funding Program

      This week’s BTFP activity: FEDERAL RESERVE statistical release: https://www.federalreserve.gov/releases/h41/current/

    • When Will American Airlines Be Bailed Out Next?

      With $34 Billion in outstanding debt, it is only a matter of time before American Airlines (ticker: AAL), comes calling hat in hand for a bailout. AAL will require financial aid (a bailout or a very large equity offering), before 2026 debt maturities occur.

    • Credit Spreads Will Widen The Longer The Fed Maintains Elevated Rates

      If you plan to run the credit risk exercise that I mentioned at a high level last week (HERE), the exercise is not a simple one. For example, if Company ABC issued a 5-Year note in August 2020 when the 5-Year Treasury was at 0.19% and credit spreads where at “Y”, it would be incorrect…

    • Weekly Update: Bank Term Funding Program

      Here is our weekly update on the Fed’s back door QE program, also known as the Bank Term Funding Program (BTFP), also known as a bank bailout program. FEDERAL RESERVE statistical release: https://www.federalreserve.gov/releases/h41/current/

    • Weekly Update: Bank Term Funding Program

      Here is our weekly update on the Fed’s back door QE program, also known as the Bank Term Funding Program (BTFP), also known as a bank bailout program. FEDERAL RESERVE statistical release: https://www.federalreserve.gov/releases/h41/current/

    • Friday Marks The End of LIBOR and The Fed Is A Perma-Dove

    • Weekly Update: Bank Term Funding Program

      With or without further rate hikes by the Fed more bank failures are coming as is more consolidation. In a free market economy I would fully expect non-bank acquirers such as Apple and Amazon to step into the breach and build a financial services powerhouse. However, this FTC won’t allow the large Tech players to…

    • Weekly Update: Bank Term Funding Program

      The banking system is hardly strong despite Fed Chair Powell’s comments this week to that end. When the Fed lifts its Fed Funds Rate in July (our guess), and again in August or September, we will very likely see a new rash of bank failures. Many will fail even if the Fed takes no rate…

    • Weekly Update: Bank Term Funding Program

      FEDERAL RESERVE statistical release: https://www.federalreserve.gov/releases/h41/current/

    • A Common Sense Approach to Crisis Management. Leveraging A 6-Step Plan.

      During a crisis (bookings down by as much as 80% for some Enterprise Technology companies), leaders act with imperfect information. A reactionary approach is never the optimal approach. We offer a 6-step plan. Vilfredo Pareto was an Italian engineer, sociologist, economist, political scientist, and philosopher. The “Pareto principle” – better known as the 80/20 rule…