BofA's Moynihan Says the Banking System Is in Good Shape

"Crisis is too strong of a word," Bank of America Chair and CEO Brian Moynihan says while discussing the takeaways from the recent bank issues with David Westin at the Bloomberg Sell-Side Leaders Forum.
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[@PhoneStandChannel]

Watched the segment on Bloomberg TV and I really enjoyed listening to Mr Moynihan.

[@75blackviking]

What a relief! Now if I go ask the fox how well-guarded his henhouse is, I can sleep at night...

[@xxyyzz8464]

It would have been a crisis with contagion had the Fed not bailed everyone out and they raised the FDIC Insurance from $250k to $Infinity. 😅

[@palmettoblizzard2694]

still is my friend they can't cover everyones deposits

[@randyosborne3971]

Bernie Madoff had very close relations with the regulators. And Bernie said you can't get anything past the regulators. Then it happened....

[@lilgbop7942]

The eyes never lie

[@thatonesaiyan6309]

BOFA DEEZ NUTS LMAO GOTEEM!!!!

[@Dr-dikhead]

We just had the second biggest bank failure ever happen and you guys come out with a video named "BofA's Moynihan Says the Banking System Is in Good Shape". You guys are being painfully obvious with the manipulation this time......

[@randyosborne3971]

Uh ho ...