2 ms·
I didn't say the US should bail the bank out. The USG should act to ensure the depositors of the bank are made whole because otherwise the market would get even
by ianai 4y ago
I didn't say the US should bail the bank out. The USG should act to ensure the depositors of the bank are made whole because otherwise the market would get even more concentrated. The quip about buying the startup banking sector underscores the 'cheapness' of the purchase for any bank or entrant. All the USG need do is act as a matchmaker and maybe some kind of clearing house.