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