I hope this bank PacWest makes it. It is sad to see these banks being shorted to their death. Like how abt shorters can u all up your game n go short jpmorgan etc? That will make the Fed sit up right stop picking on small banks.
PacWest Says Deposits Are Rising and It's Holding Talks With Partners, Investors -- Barrons.com
I must say cnbc is disappointing. They should know better than to report rumours. Makes them no better than social media. if anyone killed FRC its cnbc. And i shd cancel my subscription non factual rumoursis free to read everywhere. Have the conscience to make things right.
They could have made it. If not for this stupid article that speculated they going into receivership. Now it looks like they dont have a chance anymore. Its sad.