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The Return Of Bank Runs | Sheila Bair, Former FDIC Chair
Forward Guidance
The Media's Role in the Bank Run
I think there's been a lot of hyperbole around this. I did criticize the decisions used to bail out uninsured depositors in Silicon Valley and signature bank. They didn't really show their work that there was instability with uninsured deposits. This was two banks, 4100 banks, 300 billion in assets and a $23 trillion system. We should acknowledge that they really did fail. It's just we didn't run through the FDIC process.
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