The occurrence of bank failures seems to have resurfaced as an issue of concern. Deposits for PacWest ($PACW) are being withdrawn at an increasing rate, resulting in a pre-market drop of 23% in their stock price.
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BTC India
Didnt the FDIC already blow their load on SVB, which leaves every other person from every other failed bank with no insurance?
Hows that for moral hazard if thats the case?