Hornberger's Blog

A Positive and Hopeful Sign in the Banking Crisis

Throughout the time during which Silicon Valley Bank and Signature Bank were going under, U.S. officials were steadfastly assuring the American people that the U.S. banking system “remains sound and resilient.” The purpose of the assurances was to discourage people from withdrawing or transfering their deposits from smaller, regional banks. An article at CNN Business this past Saturday pointed out that ...

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