In 2008, no. "No depositor in an American bank lost a penny to a bank failure." [1] But they were bailed-out by larger banks, and eventually the taxpayer. Next

In 2008, no. "No depositor in an American bank lost a penny to a bank failure." [1] But they were bailed-out by larger banks, and eventually the taxpayer. Next time, there might be bail-ins instead. [2] [1] - https://www.investopedia.com/articles/economics/09/financial-crisis-review.asp#toc-what-is-a-mortgage-backed-security https://www.investopedia.com/articles/economics/09/financial... [2] - https://www.investopedia.com/articles/markets-economy/090716/why-bank-bailins-will-be-new-bailouts.asp https://www.investopedia.com/articles/markets-economy/090716...