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Sheila Bair on banking sector turmoil

A U.S. bank just collapsed — the first bank failure of 2026 — and here’s what should really get your attention: The market saw it coming before regulators said a word. Before the FDIC stepped in… Before the headlines dropped… Before the public was told everything was “fine”… Prediction traders on Polymarket were already betting on a U.S. bank failure — and the odds surged past 99%. Someone made a bet. Someone got paid. Then the bank shut down. Yes, depositors were protected by the Federal Deposi