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It was a very close call, all because the banks were so reckless. Are you sure next time they will have enough money to bail them out again?
by koonsolo 5y ago
It was a very close call, all because the banks were so reckless. Are you sure next time they will have enough money to bail them out again?
- blacksmith_tb 5y agoOf course, "too big to fail" - some of them almost certainly should have, though I would have expected the FDIC to work as intended then (instead of using public funds to prop up the banks themselves, it could have covered our deposits).