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Steve Eisman on Banks, AI and His Next Big Bet
Odd Lots
The Banking Drama Reminds You of 2008
The recent banking drama reminded you of 2008, or was it just completely different? Totally different. The problem with what you're hearing about is the regulators raising capital requirements by 10%, 20%. This wasn't a capital problem, this was a liquidity problem. No matter how much liquidity you might have, you don't have enough if there's a run on the bank.
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