3 ms·

what are the implications of a bank that cannot fail no matter how reckless it is with everyones money?

• skwirl 4y ago
  The bank is already shut down, dead, gone, past tense. It's shareholders are wiped out, as they should be. Nobody is calling to save a bank that doesn't exist anymore. We're talking about the depositors. I think this has been confusing to a lot of people.
  • corbulo 4y ago
    you're calling for the state to insure 100% of all deposits?
    • mtlmtlmtlmtl 4y ago
      Only when the depositors have lobbyists on their payroll ;)