The Fed, Banks, and Credit Suisse
Bloomberg Intelligence
00:00
JP Morgan and the Morgan Library
There are a couple of instances in history that we can look at. I think the LTCM rescue is another one where banks got together and did not require the feds. Archagos is another example of this, where they kind of just had to figure it out. That's a lot of credit for life. 2008 overwhelmed everybody. It was really the government. Hank Paulson. And those folks that literally every weekend.
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