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A comment on Big Banks Agree to Historic $30B Deposit Injection in First Republic. Parent comment

Re:Big Banks Agree to Historic $30B Deposit Injection in Fir... by naasking on Friday March 17, 2023 @09:14AM (#35196656)
> I don't think these organizations, not exactly known for their civic-mindedness or charity, would risk any of their own precious liquidity without assurances or incentives from the government.

The spectre of more regulation given all of the recent failures from 2008 to today has them spooked I bet.

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Re:Big Banks Agree to Historic $30B Deposit Injection in Fir... by tablespoon on Friday March 17, 2023 @09:28AM (#35196807)
> The spectre of more regulation given all of the recent failures from 2008 to today has them spooked I bet.

Exactly. Also probably the fear of a wider contagion contained by a government response that leaves the shareholders and executives high and dry (rather than the comfortable 2008-style bailouts). It's not in anyone interest for this to blow up further, which could spur fundamentally selfish organizations into seemingly altruistic action.

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