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.
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.