Every day when I read the headlines in the Wall Street Journal I find myself thinking, ‘yep, Peter Nayland Kust is right again!’ What still mystifies me is how so many MBA Finance grads could mess up so many common-sense banking fundamentals. So, my next question: do you think this latest bank failure will placate everyone into thinking …
Every day when I read the headlines in the Wall Street Journal I find myself thinking, ‘yep, Peter Nayland Kust is right again!’ What still mystifies me is how so many MBA Finance grads could mess up so many common-sense banking fundamentals. So, my next question: do you think this latest bank failure will placate everyone into thinking the banking crisis is over, or do you think it will spark the nervous herd into a stampede to get their deposits out of Dodge?
The bank runs are generally independent of each other, although driven by a common set of factors.
There are small banks that are likely to tumble in the near future. Western Alliance and Pac West are two leading candidates for the next domino. When or if they actually do fail is still a tale yet to be told.
Every day when I read the headlines in the Wall Street Journal I find myself thinking, ‘yep, Peter Nayland Kust is right again!’ What still mystifies me is how so many MBA Finance grads could mess up so many common-sense banking fundamentals. So, my next question: do you think this latest bank failure will placate everyone into thinking the banking crisis is over, or do you think it will spark the nervous herd into a stampede to get their deposits out of Dodge?
The bank runs are generally independent of each other, although driven by a common set of factors.
There are small banks that are likely to tumble in the near future. Western Alliance and Pac West are two leading candidates for the next domino. When or if they actually do fail is still a tale yet to be told.