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The World After Capital (with Albert Wenger)

Newcomer Podcast

CHAPTER

The Bank Run on SBB

SBB's holdings would have been enough to cover everybody without the bailout. Government had one of two options, like bailout SBB or face a background on some like 300 bags in the US. I think there's still a very live argument about whether the bank run itself was what created a contagion fear for all these banks.

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