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How Bank Oversight Failed: The Economy Changed, Regulators Didn’t
Wall Street Journal, Mar. 24, 2023–Andrew Ackerman, Angel Au-Yeung, Hannah Miao (subscription)
Overseers paid insufficient heed to risks of falling bond values and fleeing deposits. Social media and selling by smartphone made that worse.
https://www.wsj.com/articles/how-bank-oversight-failed-the-economy-changed-regulators-didnt-7dbb842d?mod=hp_lead_pos7