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The point is not covering the banks though. The point is covering the people that deposited money with them. In this case the bank shareholders should take the
by _trackno5 4y ago
The point is not covering the banks though. The point is covering the people that deposited money with them.
In this case the bank shareholders should take the hit and not be bailed out at all.
I'm on the side that the depositors got screwed here and they are the ones that need help, not the bank.