The FDIC's Systemic Risk Exemption for Signature Banks

Was that a good call, Kate? I don't think we're going to be able to answer that question from the outside until we have the investigation. They were privy to a whole variety of information about what the collateral consequences might be. It's always easier to say hindsight 2020, we should have done things differently. But I do think it does create some interesting challenges going forward in that I think regional banks might face more problems.

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