Bank runs are contagious
Pacific West Bank had to change the frontpage of its website to clarify that it has no relation to PacWest Bancorp, which is down 44% today. We live in a simulation. pic.twitter.com/omekxBlqgm — Genevieve Roch-Decter, CFA (@GRDecter) May 4, 2023 *MONEY MARKET HOLDINGS HIT RECORD $5.31T IN WEEK ENDED MAY 3:ICI Up $47BN in one … Read more