Bankruptcies Are Part of the System, Right?

CNN's John Defterios says the U.S. government has come in and said enough, right? And that's what you're seeing is bank stocks all over the world are being sold, he says. People are saying, it's never really one bad egg; if this is happening in this bank, jitters and ripples all over the place, writes Defterios. The question now is whether some other bank will emerge next month as a perilous situation, which is precisely why the financial markets have acted so quickly to bail out Silicon Valley Bank.