Re:Bill Ackman: The gov't has about 48h to fix a-soon-to-be-...
by DennisP on Saturday March 11, 2023 @11:43AM
(#35109994)
You said "What about all the people who lost what to them was a lot of money in 2008, did the Gov protect them? I do not think so."
My claim is that the bank accounts of regular people in 2008 were in fact protected, since anything under $250K is automatically protected, in exactly the same way proposed here.
Investors certainly lost a lot of money in 2008. And investors in this bank will lose all their money too, since bailing out the bank's investors, or the bank as a business, is not being proposed by anyone.
My claim is that the bank accounts of regular people in 2008 were in fact protected, since anything under $250K is automatically protected, in exactly the same way proposed here.
Investors certainly lost a lot of money in 2008. And investors in this bank will lose all their money too, since bailing out the bank's investors, or the bank as a business, is not being proposed by anyone.