Something's Wrong: Stock Sell-Off Exposes Weak Links In Financial System
The worry is that bankers, traders and big funds might suddenly find themselves out of cash. Such a scenario could create an ugly spiral throughout the economy.
The stunning, rapid plunge in stock prices over the spreading coronavirus pandemic has understandably captured headlines for days.
But there's a parallel story that has received much less attention: the health of the underlying financial plumbing that allows banks and markets to operate smoothly.
That system,
