https://bilyonaryo.com/2023/06/18/bsps-first-quarter-results-show-p1-4-billion-net-loss-amid-revenue-decline/money/
Yet politicians and regulators were chastising executives of failed banks for wrong investment decisions resulting in losses. Fed raised intererst x times. Cost of currebt borrowing increased. Market value of long term low yield Treasuries were heavily discounted resulting in deep discounts and redder P n l
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