A number of people are missing the big picture here. Given todays modern era of communications a regional bank run could happen in minutes via twitter as in this case. If the government does not buy the outstanding positions at par and make depositors whole…
Many regional banks will experience similar issues. They can’t half ass this and give depositors 50% that would be a mistake they need to instill trust in banking and beforemonday morning. #yellendontfckthisup