5 ms·
Would be fine (an excellent outcome) and under the original ownership and leadership (arguably an undesirable outcome). I say undesirable because if you believ
by sokoloff 4y ago
Would be fine (an excellent outcome) and under the original ownership and leadership (arguably an undesirable outcome).
I say undesirable because if you believe they had financial troubles that cast genuine doubt on their ability to meet all withdrawals if they were spaced out over a reasonable period (say 24 months), then their management’s ability to run a bank is in question (and the owners who put that management in place should have that ownership at risk).
I don’t know with certainty that the “could meet all withdrawals” test was failed, but it seems that many people who know more finance than I do do believe that.
- kragen 4y agofair point