It's hardly a rewrite, everyone knows that your deposits with the big 5 are already 100% "too big too fail" anyway. The only change is that some smaller organi

It's hardly a rewrite, everyone knows that your deposits with the big 5 are already 100% "too big too fail" anyway. The only change is that some smaller organizations might also get the same unspoken benefit that the big 5 already enjoy. This keeps them competitive, and as the US Gov and many folks noted, if they did not do this, everyone would flee to the Big 5 and regional/community banking would be wiped out.