seeing happened with other small, regional banks. that don t have the type o exposure that svb did, because guess what, if you re just a average american and you hea all this happening, you ar like, i m gonna play it safe i m gonna go to one of the big banks. i m gonna go to one of the big four and remember, that s not wha the government once. they don t want the bigges banks that were too big to fai to now be even too bigger to fail and that s where we are. heavily-concentrated in those forbearance. dean, talk to us about tha struggle perspective here. how does this situation compar or differ from 2008? are the circumstances even similar? it s a radically differen situation, i think it important for people t understand 2008, the banks really were in
get your money out now, an that s what happened and now, that s what you r seeing happened with other small, regional banks. that don t have the type o exposure that svb did, because guess what, if you re just a average american and you hea all this happening, you ar like, i m gonna play it safe i m gonna go to one of the big banks. i m gonna go to one of the big four and remember, that s not wha the government once. they don t want the bigges banks that were too big to fai to now be even too bigger to fail and that s where we are. heavily-concentrated in those forbearance. dean, talk to us about tha struggle perspective here. how does this situation compar or differ from 2008? are the circumstances even similar? it s a radically differen situation, i think it important for people t understand 2008, the banks really were in trouble. they had invested a huge amoun of money and mortgages mortgage backed securities tha had really lost a very large portion of their value, an that was