The 'mother of all moral hazards': economist Nouriel Roubini cheers the demise of banks with ties to the crypto industry

• Economist Nouriel Roubini isn't mourning the flurry of bank failures in the last week. 
• In a series of tweets, he described the government's decision to backstop losses for depositors of Signature as "sickening." 
• "Good riddance," the famed crypto skeptic and market bull proclaimed on Twitter. 

There's at least one pundit who won't be losing any sleep over the biggest bank failure since the 2008 financial crisis. 

Silicon Valley Bank, Silvergate, and Signature have all closed in quick succession, with the cryptocurrency industry facing the loss of three of its most important banking partners.