Interesting take, especially in light of what Bill Ackman tweeted...
Pitfall Harry
@JKD_ff
Replying to
@GhostFroman
and
@hkuppy
Fintwit is on absolute fire w/ these bailout junkies. Do they not realize that the very people begging for bailouts are the ones hyping bank runs??
SVB had a very unique balance sheet & highly concentrated deposit base. W/o hype from bailout beggars there is no contagion
12:34 AM ยท Mar 12, 2023