5 ms·
It makes sense in theory, but how is this not a license for further similar schemes? Surely $25B is a rounding error for all major players here, given a noisy
by hypothesis 4y ago
It makes sense in theory, but how is this not a license for further similar schemes?
Surely $25B is a rounding error for all major players here, given a noisy constituency, but it looks like this sets up lack of accountability...
Also, some articles are claiming that Fed is now covering all uninsured deposits, just like overnight.
[0] https://twitter.com/colbyLsmith/status/1635061613920395264 https://twitter.com/colbyLsmith/status/1635061613920395264