Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish
Jeff For Banks
JUNE 2, 2023
Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” And quite frankly, I did not know there were so many tranches to mortgage-backed securities. My lesson learned to the regulators, read your past lessons learned.
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