37 () posted 3 years ago by Wizard18 3 years ago by Wizard18 +37 / -0 25 comments share 25 comments share save hide report block hide replies
While I'm sure the media didn't help it much, I think its problems were far more than just that
How do you square that with it having been First Republic that asked for the bailout? If they actually had the cash, or even the assets, they wouldn't have went running to the feds.
If they had the cash like they say they did, a run would not kill them. That only happens when you can't cover your deposits.
Shouldn't a bank be able to handle a bank run?