Post #1185 by Beginner on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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I think the government stepped in to stem the risk of runs at other banks, which would have created a much bigger problem. The moral hazard was collateral damage and insignificant compared with what could have been an immediate nation and world-wide banking crisis.

Hopefully, with the time bought, people will wake up and get their acts together. It certainly threw light on a lot of issues about the regional banks that have been hiding in plain sight.

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