MSNBC Velshi June 4, 2024 16:33:00
Brought up jimmy stewart, it's a wonderful life, and the idea of a bank run. it's interesting to be that in 2023, nothing has changed. this was an old-fashioned bank run. if consumers of silicon valley bank didn't panic on wednesday and thursday and friday morning, that bank would still be around >> 100%. it's so interesting, right as you mentioned, it is an old-fashioned bank run, but it happened in such a different way. when we think about th historical bank run, you hav this image of lines of peopl standing outside the bank, waiting to get their money but this all happened remotely and virt...