CNN CNN This Morning June 4, 2024 10:16:00
Insulated bank. a big bank, nonetheless. sort of focusing on a specific sector of the economy. very important part of the economy. but a secular insulated part of the economy. i think the reason why the fed stepped up as quickly as they did is to prevent the risk to people like everyone watching at home. right? to protect other regional banks. so that we have confidence in the banking system and that's why we saw the type of response we did. >> i don't know, justin. i mean, you point first they were down 30%. we have images of the long lines of people going to first republic over the weekend t...