A number of people are missing the big picture here. Given todays modern era of communications a regional bank run could happen in minutes via twitter as in this case. If the government does not buy the outstanding positions at par and make depositors whole…
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Many regional banks will experience similar issues. They can’t half ass this and give depositors 50% that would be a mistake they need to instill trust in banking and beforemonday morning. #yellendontfckthisup
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