[BostonCard]

Some additional questions for those who know this field:

--Does it appear that regulators have learned enough from the events in 2023 to be able to prevent a repeat?  

Oh, you sweet summer child. No regulator will ever be able to learn enough to avoid a repeat, and even if they do, the regulated banks will always push back against government regulation that pushes down profits and creates a lot of paperwork.

As long as deposit-taking banks exist, there will consistently be pressure to increase profits from those deposits, with an accompanying increase in risk to those banks… especially after a period of relative calm.

As Warren Buffet is quoted as saying, you never know who is out there swimming naked until the tide recedes.  Undoubtably there are going to be some banks swimming naked out there.

BC

[BostonCard]

Some additional questions for those who know this field:

--Does it appear that regulators have learned enough from the events in 2023 to be able to prevent a repeat?  

Oh, you sweet summer child. No regulator will ever be able to learn enough to avoid a repeat, and even if they do, the regulated banks will always push back against government regulation that pushes down profits and creates a lot of paperwork.

As long as deposit-taking banks exist, there will consistently be pressure to increase profits from those deposits, with an accompanying increase in risk to those banks… especially after a period of relative calm.

As Warren Buffet is quoted as saying, you never know who is out there swimming naked until the tide recedes.  Undoubtably there are going to be some banks swimming naked out there.

BC