Submitted by PussyBreath007 t3_1264nxo in wallstreetbets
PussyBreath007 OP t1_je8cgdx wrote
Reply to comment by dbgtboi in $FRC - Puzzle Pieces by PussyBreath007
I believe you’re underthinking it. The prevailing narrative as these regional banks were collapsing was to get your $ into the largest banks. If anything, the more regional banks that went under, the more depositors would flee to the big boys… of course they didn’t do it for love, they did it because they see FRC as a low-risk, short-term-high-reward investment because it’s being unfairly lumped into the same group as SVB and Signature (who both a had a much different, irredeemable type of exposure)
dbgtboi t1_je8d9h5 wrote
With every banking crisis comes increased regulation which is bad for business and profits. Even if the big boys got more deposits, they would get kneecapped by the government and any new regulations will last a lifetime.
SuperAmerica123 t1_je8zwoz wrote
Right. Because in 2009 after everything collapsed the Banks went bankrupt and definitely had very strict regulations that were ruthlessly enforced up until today…
517UATION t1_je8o0co wrote
By lifetime I think you mean the next Republican president.
BuffaloSabresFan t1_jea7vc1 wrote
Captured. Regulatory. Agencies.
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