The Latest Domino to Fall
Plus: Sculptor Capital Management, Goldman Sachs, Retail Trading
Banks go bust more often than you might think. In the five years between 2016 and 2020, 21 of them went bankrupt in the US. The most recent was Almena State Bank of Kansas, which collapsed at the end of October, 2020. The surprise is that there have been no bank failures since. We’re now tracking 749 days since the last bank in the US collapsed – the se…