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Yes, 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 a
by jedberg 4y ago
Yes, 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.