Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much of the trouble.
Jeffrey Harding
Jeffrey Harding is a real estate investor in Santa Barbara, California. He currently writes at An Independent Mind. His articles have beencited, republished, or linked to by popular investor sites such as Zero Hedge, Seeking Alpha, and Minyanville, as well as media sites such as Huffington Post, Real Clear Politics, Real Clear Markets, Wall Street Journal, MarketWatch, Business Insider, Yahoo! Finance, The Street, and Forbes.com. He has also appeared on Fox Business News and NPR’s Marketplace Money. He currently is an adjunct professor at Santa Barbara City College where he teaches real estate investment.
Latest work
Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much of the trouble. Original Article: "Why Do Banks Still Fail?"
As we know, Silicon Valley Bank (SVB) was taken over by the Feds after a bank run. Despite assurances from SVB that they were sound, they obviously failed to understand their precarious situation...
