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Fed Downplays Bank Crisis As Another Bank Teeters | Jim Bianco
Forward Guidance
The Fed and Silicon Valley Bank Leaks Out
Jay Parini: It is unusual for the Fed to basically name an organization like that. He says it can be a self-fulfilling prophecy if people start reading this and thinking, Holy crap, there's a problem with Silicon Valley bank. And all I'm saying is look at what it's stock started doing February 15th, the day after it started going straight down," he said. "It seems to me that this is pretty clear that you flew in a guy from Kansas City, and you had a DC staffer put together this" - Parini.
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