Barings Bank organization
also: Baring Brothers, Barron brothers, Bering brothers, bearing bank
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Related entities (most co-mentioned)
Rothschild familyfamily · 3Argentinacountry · 2Bank of Englandorganization · 2Panic of 1907event · 1Lazard Frèresorganization · 1Arthur Wellesley, 1st Duke of Wellingtonperson · 1Morgan Grenfellorganization · 1Schrodersorganization · 1Federal Reserveorganization · 1Kleinwort Sonsorganization · 1J.P. Morganperson · 1Lloyd's of Londonorganization · 1
Claims (2)
Barings Bank financed_via
Argentina documented
“Eventually it collapses. We've seen it happen dozens of times. Well, the Barron brothers were deeply involved in that debt. Argentina had political instability, inflation, one bad harvest, and it triggered a huge debt crisis. And Argentina …”
▶ The Shadow State 67 The City of London @ 44:39
Bank of England provided_bridge_financing_for
Barings Bank documented
“had funded his position with a bunch of short-term notes from the other banks. And they realized what's going on. They said, you know what, we're not going to roll over your loans anymore. So now Barron's sitting there and says, I've got no…”
▶ The Shadow State 67 The City of London @ 45:08
Mentions (8)
▶ 41:37
So some of the other major banking houses were, of course, very famous, the Baring Brothers, which was co-founded in 1762. Ambrose Bank, Kleinwert & Sons, Schroeder's, Lazard Brothers, Morgan Grenfell. These are all the City of London great…
▶ 43:35
They went from about the third biggest bank to probably the largest in asset holdings. And that would ebb and flow, you know, over the years with the Bering brothers. And of course the rest of the Rothschild houses were always lending money…
▶ 44:07
The Bering brothers have a really interesting story. Have you ever heard of the 1890 Bering crisis? I have. It's interesting. I guess it set the stage for something we're living with today. In the 1880s, Argentina is going through a huge sp…
▶ 44:39
Eventually it collapses. We've seen it happen dozens of times. Well, the Barron brothers were deeply involved in that debt. Argentina had political instability, inflation, one bad harvest, and it triggered a huge debt crisis. And Argentina …
▶ 45:08
had funded his position with a bunch of short-term notes from the other banks. And they realized what's going on. They said, you know what, we're not going to roll over your loans anymore. So now Barron's sitting there and says, I've got no…
▶ 45:38
puts in eight million pounds and it stabilizes the bearing bank too big to fail first time that ever happened and what they did is they set up the good bank and the bad bank restructuring so all the bad debt got spun off and the good stuff …
▶ 47:16
and their stocks look like it's going to be insolvent. Everyone panics, and everyone's worried that Olive Wall Street is going to be running all the banks. J.P. Morgan steps in, gets all the other bankers together, and says, look, we've got…
▶ 48:38
you know the rothschilds had already began their fall they didn't fall completely but they were well past their peak when that happened so sorry about busting your myths on the rothschilds people but uh by the late 19th century there's a ri…