The Fed's Moral Hazard in the Banking System

This would give short sellers no incentive to cover any regional shorts. I don't know how this gets resolved other than just through the passage of time and investors really figuring out where there is value within the banking system. And I still think it's early innings until we get a better solution from either the government or some sort of coordination with the Fed. So this is an FDIC Fed thing at some point where they're going to have to come and a treasury.