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If SVB depositors aren’t made whole. We will see a bank run come Monday. And there will be contagion as most banks likely also bought bonds/treasuries with redu
by bushbaba 4y ago
If SVB depositors aren’t made whole. We will see a bank run come Monday. And there will be contagion as most banks likely also bought bonds/treasuries with reduced face value from the fast rate hikes.
- postalrat 4y agoThat type of thinking didn't save svb and won't save other banks.