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> Whoever is buying it is doing so to get the customer list. And to prevent contagion, I'd guess? Or do you not see it that way?
by furyofantares 4y ago
> Whoever is buying it is doing so to get the customer list.
And to prevent contagion, I'd guess? Or do you not see it that way?
- jedberg 4y agoYes, to an extent it's in the big bank's best interests to restore faith in the banking system. But mostly that's up to the government. If Treasury comes in and says "we will make all depositors whole", that pretty much ends the contagion right there.