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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment
> Why would any bank ever conduct risk assessment if their potential failure will be paid by the industry as a whole.
So the bank doesn’t go under, causing them to lose their jobs and equity.
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> Why would any bank ever conduct risk assessment if their potential failure will be paid by the industry as a whole.
So the bank doesn’t go under, causing them to lose their jobs and equity.