Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish
Jeff For Banks
JUNE 2, 2023
Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? In many respects, community banks were caught in the cross-fire through the purchase of those mbs instruments – and subsequent trial through public sentiment. We took a serious reputational hit.
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