I don’t understand how could the government not bail out FRC.
If they decide to let it go under then no big bank will ever step on for the next region bank that’s in trouble.
It just set a bad example plus more fear for the depositors of all other troubled bank. Say of PACW or ZION had some negative rumour and public will have another bank run that collapse the stock and the company. Then the vicious cycle begin again with the greedy big bank on the sideline wanting the bargain without any responsibility o and risk.
FDIC should bring couple of big banks together and broker a. Deal