That precedent was set at least as far back in the early 90's when they made depositors of Bank of New England Bank whole after it failed in 1991. This isn't s

That precedent was set at least as far back in the early 90's when they made depositors of Bank of New England Bank whole after it failed in 1991. This isn't something that started with the financial crisis of '08 https://www.nytimes.com/1991/01/07/business/us-is-taking-over-a-group-of-banks-to-head-off-a-run.html https://www.nytimes.com/1991/01/07/business/us-is-taking-ove...