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Sure, though it wasn't an ominous attempt to shut them down, which is what the commenter was replying to.
by vinay427 8y ago
Sure, though it wasn't an ominous attempt to shut them down, which is what the commenter was replying to.
- fastball 8y agoI don't know. This line from the SIPC CEO ...I have serious concerns about this. This has gigantic ramifications for the banking industry. makes me thing that this is precisely what it is. "We don't want to let you do this easily because the other banks can't compete."
- jakebasile 8y agoUninsured deposit accounts in a fractional reserve system are extremely risky to the banking system as a whole. Perhaps he meant that?