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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by btilly on Sunday March 12, 2023 @10:28PM (#35130111)
That article is already out of date. Signature Bank also failed today.

I suspect that Signature Bank's failure is tied to their crypto activity. But the sight of 2 banks failing while there was an ongoing run on at least one more bank does seem like the kind of thing that could start a panic.

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Re:Joint Statement by the Department of the Treasury, Federa... by BlueTemplar on Monday March 13, 2023 @10:42AM (#35136328)
I thought Signature bank failed even before that ?

Bank Runs! What's Going On? – Patrick Boyle :

https://www.youtube.com/watch?v=kxcwn7xoXhU

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