
Market Sell-off: Credit Suisse Woes Reignite Banking Worries 3/15/23
Squawk on the Street
00:00
We're in Trouble, We Can't Count on an Unnamed CFO
Goldman Sachs says actions by the government likely do stem deposit outflows and they don't expect Congress to make any changes to deposit insurance caps. Will it continue? Yesterday was a positive day, positive for the stock prices, positive for sort of confidence. But then we're real day, it may be a little more damaging because our friends in Europe are having a rough go of it.
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