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A comment on Why America will soon see a wave of bank mergers. Parent comment

Re:Why America will soon see a wave of bank mergers by aqme28 on Tuesday May 02, 2023 @07:06AM (#35785762)
Yeah it seems obviously risky. A small bank gets a little insolvent and so it gets absorbed by a larger bank. This system works fine when there’s a larger bank to absorb them, but it’s obviously untenable. What happens when the largest bank needs saving?
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Re:Why America will soon see a wave of bank mergers by worldsayshi on Tuesday May 02, 2023 @07:14AM (#35785840)
It gets absorbed by the government?
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Re:Why America will soon see a wave of bank mergers by ImHereToVote on Tuesday May 02, 2023 @07:15AM (#35785850)
Robin Williams had a fairly accurate depiction of what happens.

https://www.youtube.com/watch?v=etQeFJ2lbbo

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Re:Why America will soon see a wave of bank mergers by aqme28 on Tuesday May 02, 2023 @09:27AM (#35787105)
Feels more like this Futurama bit: https://youtu.be/0SYpUSjSgFg?t=66
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Re:Why America will soon see a wave of bank mergers by bullfightonmars on Tuesday May 02, 2023 @11:51AM (#35789453)
> Just like daddy puts in his drink every morning ... and then he gets mad.
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Re:Why America will soon see a wave of bank mergers by __MatrixMan__ on Tuesday May 02, 2023 @09:03AM (#35786757)
People stop accepting dollars. It's about time for something new anyway.
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Re:Why America will soon see a wave of bank mergers by ant6n on Tuesday May 02, 2023 @12:44PM (#35790336)
But if theres only one bank left and theres a bank run, where would people panic-transfer their money? It cannot go anywhere else!

…see, the one big bank cannot fail.

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