The truth is, the vast bulk of banks were perfectly healthy and responsible. Almost all the trouble came from a few gigantic ones, and the reasons for their behavior were many.
You're way too optimistic, IMO. 21 US banks have failed so far this year, and many more are going to fail. Many commercial real estate and development loans are going to default in the next couple of years, mostly provided by many small and medium local and regional banks.
You're way too optimistic, IMO. 21 US banks have failed so far this year, and many more are going to fail. Many commercial real estate and development loans are going to default in the next couple of years, mostly provided by many small and medium local and regional banks.