Oh boy…. Here we go

https://www.zerohedge.com/markets/pacwest-plunges-wsj-report-it-will-be-bought-far-smaller-peer-bank-california

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I've seen worse

Absolutely. PacWest taken out behind the the garden shed and shot in the head.

Yellen signalled M&A phase ahead likely a few weeks ago.

They want the rot hidden.

The central planers must conglomerate to a singular blob. It's they only solution to the threat of counterparties blowing up.

The blob will continue to grow consuming its victims infected with the debt virus… 🦠

The rot has only begun to be exposed ...