Episode 52: Neal and Toby discuss the future of regional banks amidst the failure of First Republic and stock free fall of Western Alliance and PacWest. They also breakdown the Hindenburg report on Icahn Enterprises that erased a fifth of the company's value. Plus, why Pornhub blocked access to it's site in Utah and why the US Surgeon General is declaring loneliness the new epidemic. And finally, Forbes released the list of the highest paid athletes in 2023, why a surprising number of them have a connection with... the Middle East.
#banks #hindenburgreport #socialmedia #loneliness
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00:00 - Introduction
1:35 - Regional Bank Stock Falling
6:30 - Hindenburg report on Icahn
11:00 - Pornhub shuts down site in Utah
16:00 - US Surgeon General warns of Loneliness
20:00 - World’s Richest Athletes
22:30 - Employers building houses for employees
Regional Bank Stocks in Free Fall & Hindenburg Targets IcahnRegional Bank Stocks in Free Fall & Hindenburg Targets Icahn