CA bank taken over today!

A rather large CA bank was seized by the Fed because depositors were demanding their money, now.
The bank said that they could have maybe 5% since they had loaned the rest.
It is called a run on the bank!
Same as 1929 except now taxpayers bail them out.
Why do bank examiners let crooked bankers do it to start with anyway?

Does anyone know the status of our dozens of local banks here who may have sold those bad loans?
Any that may go broke? How many pilots own them yet?

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