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An Update On The "March Banking Panic" | Weekly Round Up

Inflection Point

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The Viral Cycle of Western Alliance Bank Corporation's Stock Collapse

The stock fell, then depositors with true money. And the stock fell more, deposits with me, right? It was a vicious cycle. I generally think that when CEOs blame short sellers on their performance, I think it's a totally lame excuse. But this is kind of par for the course for what we've seen out of many banks. The deposit story is looking a lot better on regional banks.

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