Over at In Debt, @kennybauf.bsky.social explains how the lower courts are a key problem in the battle to hold companies accountable.

indebt.substack.com/p/if-courts-...

Cc: @carterd.bsky.social

A new Fed report on SVB is fodder for opponents of bank supervision. The recent failure of a wild California bank shows what happens if they win (hint: it's bad). indebt.substack.com/p/nano-banc-...