The biggest issues? Unrealized losses on bond investments and an outflow of customer deposits are creating a crisis of confidence. But also, sometimes the stock market just gets weird. My colleague Matt Levine has a great explainer here.
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Introduction: My name is Otha Schamberger, I am a vast, good, healthy, cheerful, energetic, gorgeous, magnificent person who loves writing and wants to share my knowledge and understanding with you.
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