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I've talked to a number of bankers over the last week and most of them don't seem to think so. The counter-argument to crisis is that most banks structured thei
by coderintherye 4y ago
I've talked to a number of bankers over the last week and most of them don't seem to think so. The counter-argument to crisis is that most banks structured their investments differently (soundly) vs. how some banks (e.g. Silicon Valley Bank) structured theirs. There will be some more shakeout of banks with bad investments but not a broader crisis. Of course, take that how you will, but certainly doesn't feel like 2008.
- philipwhiuk 4y agoMost bankers probably didn't think Lehman Brothers would fail a week before it did. Not exactly ironclad.