Locator: 44560BANKS.
US banking crisis: added as a theme for 2022. Will be tracked here.
Pondering. See link below.
Dow falls 300 points on report of likely third California bank failure. [Add a fourth regional bank: Phoenix-based. #13 on Forbe’s list of America’s Best Banks.]
[Read the political and financial history of California, 2000 - 2010. Link here: https://themilliondollarway.blogspot.com/2023/05/pondering-may-3-2023.html.]
With this "run on banks," where will Gens X, Y, and Z put their money? In AppleSavings and earn 4.5%?
This "Apple" money is actually held in GS which has regulatory reserve requirements, but beyond that, how much doe Apple get to tap?
Pondering.
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