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That's actually quite concerning, if you read between the lines. What they're saying is: "JPM is just as insolvent as SIVB. The only difference is that JPM's c
by runeks 4y ago
That's actually quite concerning, if you read between the lines.
What they're saying is: "JPM is just as insolvent as SIVB. The only difference is that JPM's customers are less likely to withdraw their funds."
- jcalvinowens 4y agoNo, what they're saying is a far greater portion of their deposits are from depositors below $250K who have no rational motivation to participate in a bank run.
- belter 4y agoYou got it :-)