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2 Banking Blowups: Why Today Isn’t 2008

Por: MarketWatch Business March 15, 2023

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At the epicenter of the banking crisis 15 years ago was a meltdown of the housing market and the various loans banks held on their books attached to that beleaguered sector. In short, it was a story about deteriorating credit quality. So far at least, fears of a wider contagion linked to the Silicon Valley Bank (SIVB) blowup haven’t come to fruition—thanks to some aggressive actions by Federal banking officials. In a press release Sunday,... + full article



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