Do You Think Barney Frank Is the Frank and Dodd Frank?

After Barney Frank retired from the Senate he wound up on the board of this bank Signature Bank which got a lot of its deposits from the crypto industry. He was complaining about the takeover because he says the DFS New York's regulatory authority didn't actually say that Signature was insolvent and he also argues that they didn't have that many crypto depositors but that seems disingenuous when crypto was 30% of their deposit base. So even if it was two or three what does it matter? What do you think about the insolvency argument? I don't think it matters. One of the important parts of what we're talking about with this very close relationship between banks and regulators is necessary in