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The FDIC stepped in this one time, where's the guarantee they will step in every time to cover uninsured deposits?
by dahfizz 4y ago
The FDIC stepped in this one time, where's the guarantee they will step in every time to cover uninsured deposits?
- VagueMag 4y agoThe implication of the above is that they will not step in every time, but only when they decide (in what is surely a very transparent, consistent, and fair process) that the failing bank in question is "systemically important."