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Lyn Alden: Banking Crisis Explained, Is This Start of a Systemic Financial Bust? Plus, Bank Consolidations and Bitcoin

Coin Stories

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Is the Fed Trying to Backstop the Banking System?

Many more banks have these unrealized losses on their balance sheets. Many of them took the same risks with those long duration bonds that SBB did. So what are you watching for next? And could this become very systemic? I would hesitate to compare it to 2008 in most ways or compare it to a similar magnitude because it's more of a liquidity problem than a solvency problem.

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