The Death Spiral of Bank Liquidity

Mike McCleum: I think what's happening now is we're going to that what we saw in happened commodities is going to show up in banks. He says a year from now, we'll be looking back and say, yeah, that was kind of obvious. The government's just trying to pick off a few that went down," he said. "I would not be remotely surprised if first Republic is the moral equivalent of Bear Stearns"

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