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Why would doing the exact same thing as many, many previous times - here's a list https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/ htt
by PeterisP 4y ago
Why would doing the exact same thing as many, many previous times - here's a list https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/ https://www.fdic.gov/resources/resolutions/bank-failures/fai... - suddenly make people and companies all over the world lose trust in US banks and eventually US dollar, if that didn't happen in all the many previous times when depositors weren't made whole (beyond the limits insured by FDIC) after a bank failed?
- a13n 4y agoThis time is different in so many ways. Top 20 bank. 2nd biggest bank failure in US history. $200B+ assets. You don't want wealthy people and companies thinking their money isn't 100% safe in a top 20 US bank.