Friends and patriots, watch the movie “The Big Short”.
Hmmmm, today is the 13th, "Black Monday"?
Regulators close crypto-focused Signature Bank,
https://www.cnbc.com/2023/03/12/regulators-close-new-yorks-signature-bank-citing-systemic-risk.html
US government moves to stop potential banking crisis
The Silicon Valley Bank Bailout
The bill
for bad policy comes due
SVB
Fallout Spreads Around World From London to Singapore
https://news.yahoo.com/svb-fallout-spreads-around-world-154331383.html
Panic and partying reign at SXSW amid Silicon
Valley Bank’s collapse
https://www.nbcnews.com/tech/tech-news/svb-sxsw-panic-partying-reign-rcna74559
US
Regional Banks Remain Under Pressure as First Republic Sinks
https://finance.yahoo.com/news/us-regional-banks-remain-under-092829687.html
First Republic drops 60%,
https://www.cnbc.com/2023/03/13/first-republic-drops-bank-stocks-decline.html
Fed’s New
Backstop Shields Banks From $300 Billion of Losses
https://finance.yahoo.com/news/us-says-svb-deposits-safe-230714841.html
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