Ian Carroll @Cancelcloco - We might have our first bank failure of 2024 incoming.

Ian Carroll
@Cancelcloco
We might have our first bank failure of 2024 incoming.
And the OCC proposing a new rule to wave margin requirements for big banks in periods of “high volatility”
Wonder what they’re worried might cause high volatility 🤔
I’m sure their hundreds of trillions of dollars of derivatives will be fine…
7:07 PM · Feb 1, 2024
https://twitter.com/Cancelcloco/status/1753208502653440366