2 ms·
> FDIC insurance is essentially unlimited, as long as you can threaten wider disruption to the economy. I think you misunderstand. Unlike bailout, FDIC insura
by nabla9 4y ago
> FDIC insurance is essentially unlimited, as long as you can threaten wider disruption to the economy.
I think you misunderstand. Unlike bailout, FDIC insurance means that
1. Shareholders owners are wiped out,
2. Senior management is removed.
3. Unsecured debtholders *will not be protected*. They are made whole only when it's possible using banks assets.