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Not every bank massively grew by taking in billions of dollars of deposits that they didn't know what to do with in just a couple years. Banks were only techni
by maxerickson 4y ago
Not every bank massively grew by taking in billions of dollars of deposits that they didn't know what to do with in just a couple years.
Banks were only technically solvent before all of this, it isn't a big deal if they are now only technically solvent.
- nemo44x 4y agohttps://finance.yahoo.com/news/study-finds-186-banks-vulnerable-011442518.html?ref=biztoc.com https://finance.yahoo.com/news/study-finds-186-banks-vulnera... The FDIC wound run out of money. It’s likely more than enough of these funds should be in higher interest accounts. Even if it’s loans these bangs wrote, those loans are under water right now.