Re:Joint Statement by the Department of the Treasury, Federa...
by pmarreck on Sunday March 12, 2023 @08:43PM
(#35128934)
> Yellen has just broadcast that FDIC insurance is essentially unlimited, as long as you can threaten wider disruption to the economy
"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." - J. Paul Getty
(Or as I heard it more aptly paraphrased, "if you owe the bank a thousand dollars, the bank owns you. If you owe the bank a billion dollars, you own the bank.")
"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." - J. Paul Getty
(Or as I heard it more aptly paraphrased, "if you owe the bank a thousand dollars, the bank owns you. If you owe the bank a billion dollars, you own the bank.")