The exterior of the Peter B Lewis Building under a clear sky
Peter B Lewis Building, home of the Weatherhead School of Management at Case Western Reserve University

Weatherhead’s Jonathan Ernest talks about FDIC backing investments in failed banks

The next financial crisis? How safe is the money in Cleveland’s banks? What to know in the wake of 2 big bank failures (subscription required): Jonathan Ernest, assistant professor of economics at Weatherhead School of Management, said the FDIC backing investments in failed banks should give the public some assurances—meaning customers are less likely to rush to their own banks to get money out.