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It's not really a bailout. Upper management was removed and the bank's assets are being auctioned off. Investors know they're taking a risk, but depositors sho
by sp332 4y ago
It's not really a bailout. Upper management was removed and the bank's assets are being auctioned off.
Investors know they're taking a risk, but depositors should be protected. Without that assurance, people would stop putting their money in banks.