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Re:In 1980s Los Angeles, a bank was robbed every hour by wavemode on Saturday October 21, 2023 @02:27PM (#37969293)
That's being rather generous re: the average consumer. Grandma with her retirement savings doesn't want to hear that her bank got robbed. You can try to explain to people that their money is safe by law but it doesn't mean public trust doesn't somewhat erode.
Re:In 1980s Los Angeles, a bank was robbed every hour by kortilla on Saturday October 21, 2023 @07:13PM (#37971340)
It’s not, it’s the only reason a huge chunk of the population that lived through the financial crisis trusts banks at all.