I would say that I trust the Federal Reserve's oversight, but the SF Fed has proven itself completely hopeless.

FRC should have been dealt with straight after SIVB. It was a big psychological hit to smaller banks that they let it die.

I find it ironic that the same people crying about bank consolidation didn't approve of a bailout to keep FRC going.

This will get worse if PACW goes down, because they were financially stable after the SIVB crisis. Investors will run from regional banks and the financial sector in general.