4 ms·
Depositor get a bail out, additionally every other small bank depositors with over $250k are now backstopped with promise of bailouts. Funding for bailouts is c
by simple-thoughts 4y ago
Depositor get a bail out, additionally every other small bank depositors with over $250k are now backstopped with promise of bailouts. Funding for bailouts is coming from an additional tax on banks.
- andrewinardeer 4y agoAn additional tax on banks that will be passed onto consumers, surely? Banks do not have a reputation of absorbing costs.