Saturday, March 18, 2023

Addendum to "SVB was not a typical bank run"

Turns out that I could have saved my words on Wednesday, and rather than write a blog post, I could have shared a link to interview with Douglas Diamond of the Diamond-Dybvig fame:


https://finance.yahoo.com/news/economist-won-nobel-bank-runs-160025143.html


Huge credit to him for avoid the natural inclination to say "it is all in my models". This was far from DD bank run!


 

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