Ahhh yes. History doesn’t repeat, it rhymes. And, this limerick reminders me of the post-1985 S&L crisis. But, no banksters go to jail anymore. Thing is, once it’s no longer politically tolerable through threats and fear mongering and some blackmail, eventually the government will bail them out again for another rinse - wash - repeat cycle. The schedule is likely as prior. Warnings. Government involvement. Followed by a market crash (a la 1987), and maybe even both a stock market and bank holiday for a time in the hopes back door dealings can paper over the concerns until they re-open. It’s either a cliche or a trope at this point. Not sure which. The FED knew what its rate increases would do to its member banks. If you don’t think the regulators have direct knowledge of balance sheets of its members, there’s this oceanfront property in Arizona you might be interested in purchasing. It also knew which banks could withstand it (either through no or private or public or both private and public assistance) and voted in favor of the chosen winners, result will be greater consolidation with the majors always coming out on top in the end and the smalls and mids either bellying up or taken over / bought out at pennies on the dollar. Double win for the majors. It’s an old playbook and publicly available script given the data (deemed mildly trustworthy). Good luck all.