Re:What does Silicon Valley Bank’s collapse mean for the fin...
by cm2187 on Friday March 10, 2023 @08:32PM
(#35104106)
Well Bear Sterns never went bust, it was bailed out.
The issue in 2008 is rather that institutional investors (mostly money market funds) ceased to lend to banks, or only overnight. I am not saying that the banking system is as fragile as in 2008, it is clearly not. But it only takes a panic to cause another post-Lehman contagion across the financial system.
The issue in 2008 is rather that institutional investors (mostly money market funds) ceased to lend to banks, or only overnight. I am not saying that the banking system is as fragile as in 2008, it is clearly not. But it only takes a panic to cause another post-Lehman contagion across the financial system.