4min chapter

The Compound and Friends cover image

Yes, This Is a Bailout of Credit Suisse

The Compound and Friends

CHAPTER

Would Small Businesses Be Pulling Their Money Out of Their Regional Bank?

I think there was like no good option here, Jesse. I wouldn't say are completely blameless because I haven't looked at ultra balance sheets. It just seems like they were in the wrong segment of the industry. And there could absolutely have been follow on bank runs. But my view is that if you had had a regional,. I mean, sort of a focus-specific type of rescue for Silicon Valley bank that was regionally focused and private sector drivenyou wouldn't necessarily have had to do the bailout that we saw.

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