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Michael Ramirez Cartoon: Who’s Holding the Bag?
First Republic becomes the third bank to fail in two months and the second biggest bank failure in U.S. history.
Published in Economics
Note:
To win a the coveted Like Award for Topical Humor (a so-called “Likey”) a work must be Topical, and it must be Humor.
This one passed both criteria with plenty of room to spare.
Congratulations to Melissa and Michael, and to your friends and elementary school teachers and parents, and all the little people who made this award possible.
Love this cartoonist – so much talent -!
Pacific West may be next so don’t put away the colored pencils yet……..
Why all this turmoil all of a sudden on the west coast financial establishments?
https://www.cnbc.com/2023/05/03/pacwest-falls-40percent-after-hours-on-report-bank-is-weighing-sale.html