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What the fdic just did was insure 100% at a "systematically important" bank while charging a special assessment to all the banks, even if the same designation a
by notch898a 4y ago
What the fdic just did was insure 100% at a "systematically important" bank while charging a special assessment to all the banks, even if the same designation and thus extended insurance did not apply to them. It's the worst of both worlds.