> This is about as strong as a signal they could put out to stop a possible run. Or a desperation signal, which might actually trigger a run. Like what happene

> This is about as strong as a signal they could put out to stop a possible run. Or a desperation signal, which might actually trigger a run. Like what happened with SVB. The minute the CEO of SVB tried to reassure investors and told them everything would be ok if they just kept their deposits with them, immediately everyone started withdrawing. Are the “safe” banks all putting out statements about the strength of their financials? They probably don’t feel like they really need to say anything. They feel safe, and that’s what keeps them safe. The moment they panic, their clients panic. I guess we’ll see what happens.