Hope Springs Eternal
RiskReversal Pod
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The Risk Award of Meredith Whitney in the Financial Crisis
Danny Cevallos: What about a run on the banks assets by its depositors or its investors? Right. You could look at one of two ways. I mean, you could say, well, that'd be great for Morgan Stanley vis-a-vis E-Trade because theoretically, if something were to happen to Schwab, that money has to find a home. The flip side of that is they're not going to be impervious either Morgan Stanley E-Trade to this. So it does matter where it comes from. There was nothing in this report that was alarming. This is just fundamental. And that's really all this is.
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