05/10/2025
https://www.commondreams.org...
"Ninety-nine of these banks have failed so far, as you know, and we have more than 400 on the watch list."
"The financial sector that we talked about a year ago as too consolidated, too big to fail, is more consolidated than it was back then."
"I worry not only because of where we are in this crisis, but that the factors that led us to this crisis have not yet changed."
"There is little to inspire confidence in the balance sheets of the banks, and the health of small and mid-sized banks remains a very serious concern."