Surveillance: Flashing Red with Donald
Bloomberg Surveillance
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The Contagion Effect of SVB and the Alphabet Soup That Gets You to FRC
French Hill is a Republican banker from Arkansas. He says the mark to market accounting has been harmful here, no different than 2008 and 2009. The lack of understanding about when banks would see either sales of their securities or simply just the natural amortization "has been one of the challenges"
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Transcript
