Peter Morici
By
Peter Morici
Raise the cap on deposit insurance and train more competent bank examiners
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Silicon Valley Bank’s failure rattled confidence in small- and mid-sized banks across the U.S. and once again ignited cries to more tightly regulate banks.
That’s wrong-headed. We need to step back and examine how non-money center banks, which are essentially depositories, get into trouble and better apply the tools we have.
Ever since invented…
