Botching the Coverage of a Bank Run / Dean Baker
This Is Hell!
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Is the FDIC Going to Make a Payment Nearly Instantly?
The idea that all these businesses won't be able to meet their payroll, it was literally nonsense. So again, I don't need to pick on just the times because you'd find the same thing with Washington Post, CNN, whoever NPR did the same sort of thing. It still seems likely to me that if the Fed was applying the strict scrutiny on or to Silicon Valley Bank that had been required before the passage of the 2018 law weakening Dodd-Frank, it would have caught the bank's vulnerabilities.
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