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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by 331c8c71 on Monday March 13, 2023 @03:11AM (#35132192)
Doesn't matter. The rules are the rules.
[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by 331c8c71 on Monday March 13, 2023 @06:00AM (#35133480)
There should have been

1) repayment of the insured amounts

2) liquidation of assets

3) repayment of the rest (likely with a haircut).

4) (optionally) a legislative reform (if the current system seems not adequate anymore)

[ Parent | on HN ]