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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble. High-tech employment fell from 12.1

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The 2024 GonzoBanker Awards

Gonzobanker

And here we thought that Check21 was going to kill kiting in 2002. The FDIC’s Rule Proposal would end a common banking-as-a-service practice that allows banks to count deposits originated by financial technology partners as core and require them to classify the funds as brokered.

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The Mother List of All Banking Books

Jeff For Banks

Guardians of Prosperity: Why America Needs Big Banks 2013 John F. Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. History of the Eighties: An Examination of the Banking Crises of the 1980s and Early 1990s (Volumes 1 & 2) 1997 Federal Deposit Insurance Corp.

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