Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC

Re:Joint Statement by the Department of the Treasury, Federa... by Retric on Sunday March 12, 2023 @10:17PM (#35129990)

They suggested you should normalize for the size of the bank but didn’t support it. They even used non inflation adjusted numbers.

Maximum assets under control don’t correlate with actual losses especially when people pulled money out before the collapse. It’s a completely meaningless number.

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Re:Joint Statement by the Department of the Treasury, Federa... by phil21 on Sunday March 12, 2023 @10:33PM (#35130166)

Certainly very valid criticisms. To be fair, I specifically was trying to ballpark it and this graph does not contain the Signature failure yet so I think it is a fair representation of this particular metric.

I also think it's a good point that a dollar is not necessarily equal to another dollar in this context. But the same can be said for individual banks as well.

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Re:Joint Statement by the Department of the Treasury, Federa... by Retric on Monday March 13, 2023 @08:17AM (#35134661)

That’s fair, I do think it’s reasonable to compare losses or the size of bailouts. But we just don’t have that info yet.

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