Expect the Whitehouse press Secretary to announce that bank runs are healthy and that president Biden believes more banks should run.
I missed this last week.
High profile suicide from private equity investor Thomas Lee a week before SVB blew up.
No idea what’s going on here, but I’m worried we’re about to spin the block on the GFC.
Buckle up. https://www.thecrimson.com/article/2023/2/27/thomas-lee-death/
Expect the Whitehouse press Secretary to announce that bank runs are healthy and that president Biden believes more banks should run.
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