'None of the banks in the Top 100 by assets would have negative tangible equity after adjusting for FV (fair value) marks on both the asset and liability sides of the b/s assuming a 5% reduction in loan and securities marks from 4Q to 1Q,' the equity analysts wrote in a May 8 note. D.Wells Fargo analyst Jared Shaw and team came to the conclusion that failed lenders Silicon Valley Bank ( OTC:SIVBQ) and First Republic Bank ( OTCPK:FRCB) 'were outliers,' as other top-100 banks maintained robust fundamentals based on fair value analysis. Wilczek is the Herman Feshbach Professor of Physics at the Massachusetts Institute of Technology, founding director of the T. His 'Wilczek's Universe' column appears regularly in the Wall Street Journal. He is the author of A Beautiful Question, The Lightness of Being, Fantastic Realities, Longing for the Harmonies, and hundreds of articles in leading scientific journals. He was among the earliest MacArthur fellows, and has won many awards both for his scientific work and his writing. Author Bio: Frank Wilczek won the Nobel Prize in Physics in 2004 for work he did as a graduate student. Readers will emerge with an expanded vision of our universe. Through an exploration of space, time, matter, and ideas-and equipped with facts, questions, and brilliant speculations-Wilczek guides us through the past, present, and future of fundamental science. This 'born again' world is in many ways larger, fuller, and much stranger than it appears. To do that, we must look at the world anew, combining clear thinking with an openness to wonder. Nobel Prize winner Frank Wilczek's Fundamentals is built around a simple but profound idea: the models of the world we construct as children are practical and adequate for everyday life, but they do not bring in the surprising and mind-expanding revelations of modern science. 'One of our great contemporary scientists presents ten insights that illuminate what every thinking person needs to know about what the world is and how it works.Through an exploration of space, time, matter, and ideas-and equipped with facts, questions, and speculations-Wilczek guides us through the past, present, and future of fundamental science.

Fundamentals is built around a simple but profound idea: the models of the world we construct as children are practical and adequate for everyday life, but they do not bring in the surprising and mind-expanding revelations of modern science. Nobel laureate Wilczek presents ten insights that illuminate what the world is and how it works.

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