Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again
UVA Darden
MARCH 20, 2023
The federal takeover has fueled fear among some that the failures are precursors to something akin to the Great Recession, when 450 banks failed between 2008 and 2012. You can’t lose any savings as long as your savings or checking account doesn’t exceed $250,000. Bruner: Management heads up the rogue’s gallery.
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