Twitter fueled run on Silicon Valley Bank, new paper finds
An ASU finance expert found evidence that tweets exacerbated the bank run.
In this story published April 24, 2023, on Axios:
In the past, experts studying bank runs often discussed what would happen if depositors could truly coordinate. Christoph Schiller, a finance professor at Arizona State University, who coauthored the paper, told Axios. Previously, 'that was a difficult thing to do.'
– Christoph Schiller, assistant professor of finance
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