bank stocks
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Mar 24, 2023 by Chamath Palihapitiya · across every show →
Everything said about bank stocks, oldest first
Mar 24, 2023 bearish
Palihapitiya: Guaranteeing 100% of deposits would crash large bank stocks
“Is it viable for large G-SIBs to guarantee a hundred percent of their deposits? Absolutely. The implication of that will be an enormous hit to their short-term profitability and their return on invested capital. It would just take a massive hit. And so as a re…”