Enjoy!
(i) Credit Slips: Oops. How the FDIC Guaranteed the Deposits of SVB Financial Group
Seems like the price of the holdco bonds reflects this, but will be interesting to watch what happens. A lot of good stuff on Credit Slips this week, e.g. Credit Slips: Why Weren't Silicon Valley Bank Depositors Using CDARS?. And, not banking but bankruptcy related: What Can the Past Teach Today’s Bankruptcy Law Students, Lawyers, Judges, and Restructuring Professionals?: An Annotated Bibliography of Histories of Debt and Bankruptcy
Self-explanatory.
(iii) The New Library of Mistakes
Love this! Looking forward to visiting the next time I’m in Edinburgh.
(iv) 'Bizarro World'
Reporter finds out his wife is one of the best Tetris players in the world. “When Mickey Mantle heard the crack off the bat, he got an extra step. That's what your wife has.”
“Retracing the route of the original Orient Express, 140 years after it first rolled out of Paris” A bit too-Instagrammy but still pretty cool.