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Just to reinforce one point: the bank in question could even have MORE of a cushion than other banks, but if the rumor mill hits them instead of other banks, th
by rossdavidh 7y ago
Just to reinforce one point: the bank in question could even have MORE of a cushion than other banks, but if the rumor mill hits them instead of other banks, they are the one who goes under. So, it's not even a case of rough justice from the market, it's death by rumor mill. Of all the stupid laws and regulations regarding finance, this is not one of them.