13 March 2023

It's Bank Failure Friday, Monday Edition!

Normally, I would hold off until Friday, but 2 banks in 3 days cannot wait, and another half bank in the prior week, it bears notice.

This time it's Signature Bank of New York, NY.

This feels a lot like the run-up to the collapse of  Bear Stearns, hopefully it won't feel like the collapse of Lehman Brothers in a few monghs.

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