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Re:Joint Statement by the Department of the Treasury, Federa... by belter on Sunday March 12, 2023 @07:03PM (#35127708)
Ok. Lets say next week a larger bank, is shown to have made some other risky bets...Are you still in to make all depositors whole? Let's say JP Morgan or Goldman Sachs?
Re:Joint Statement by the Department of the Treasury, Federa... by jnwatson on Sunday March 12, 2023 @07:06PM (#35127771)
Large banks have different rules and are scrutinized more carefully.
Re:Joint Statement by the Department of the Treasury, Federa... by belter on Sunday March 12, 2023 @07:15PM (#35127917)
But would still love to know, what the course of action in that case should be...
Re:Joint Statement by the Department of the Treasury, Federa... by blackoil on Sunday March 12, 2023 @08:50PM (#35129005)
That will break the economy, so Congress and Fed will have to jump in to provide the liquidity required. Like in 2008