3 ms·

Deposit insurance? https://en.wikipedia.org/wiki/Deposit_insurance https://en.wikipedia.org/wiki/Deposit_insurance It seems like most countries have an equiva

• imtringued 5y ago
  In my opinion the deposit insurance programs are ok but the way they are financed basically begs banks to be insolvent because eventually the government chips in and that's where they end up making their guaranteed profits.
  • pjc50 5y ago
    You can't make a profit and be insolvent at the same time.
    • razius 5y ago
      Did you try telling that to Lehman?