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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Where this surprising third goal came from, I have no idea, but Ben Bernanke added it in August during a recorded speech for a Cambridge, Massachusetts conference. Much uncertainty still exists as to whether Congress will extend the tax cuts that are set to expire on January 1, 2013. So stay tuned! Thanks for reading.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.