the assets the bank held are worth some % less than the amount they took in deposits but its not 90% less, its something like 20%. so on average, people will ge

the assets the bank held are worth some % less than the amount they took in deposits but its not 90% less, its something like 20%. so on average, people will get something like 80% of their money back. I dont think the asset price declines were catastrophic.