The Bizarre Bankruptcy At The Heart Of This Week's Regional Bank Meltdown
The Bizarre Bankruptcy At The Heart Of This Week’s Regional Bank Meltdown As we highlighted in our regional bank meltdown summary post, there was a common theme between the two banks that got hammered yesterday, ZION and WAL: a single bankrupt counterparty that led to bad debt impairments at both banks. Now, thanks to Bloomberg, […]
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