But didn’t the financial crisis of 2008 illustrate the grave dangers of allowing a large bank to go into bankruptcy? Much depends on whether the customers and creditors of the failing bank yank their money, intensifying the run and spreading fear through the system. Advertisement Continue reading the main storyEarlier this week analysts at Citi became the latest to downgrade the stock over the negative reaction. Advertisement Continue reading the main story— Michael de la MercedAre the risks of a recession rising? (WSJ)Advertisement Continue reading the main story• Amazon’s Alexa could be the next great consumer computing platform, says Farhad Manjoo.

Source: New York Times February 22, 2018 12:37 UTC