3 ms·
this is the ultimate cause, but they also used loopholes to avoid reporting obligations other banks complete, and did not highlight the liquidity issues or stre
by skeeter2020 4y ago
this is the ultimate cause, but they also used loopholes to avoid reporting obligations other banks complete, and did not highlight the liquidity issues or stress-test that say... increased withdrawals might highlight. These aspects should be investigated deeper.
- ianbotham 4y agoagree. it's always such systemic / procedural lapses that allow problems to go unnoticed