I Don’t Have Much to Say about the Recent Bank Failures, but They Give Me an Opportunity to Rant a Little
It’s funny, when I first heard about Silicon Valley Bank’s failure, my initial reaction was, “Good.” Then, when Signature Bank failed, I also thought to myself, “Good.” And, when it looked like Credit Suisse was about to fail, I said, “Good.” Of course, the Swiss arranged for Credit Suisse to be absorbed by UBS creating…
