3 ms·
A bank cannot afford to loose half of its capital base without creating a panic. I'd rather not think what a market scare on BoA would look like.
by cm2187 4y ago
A bank cannot afford to loose half of its capital base without creating a panic. I'd rather not think what a market scare on BoA would look like.
- collegeburner 4y agoit would suck ass for a few weeks but would actually be pretty simple: ppl withdraw deposits 80% of them go to JPMC JPMC buys BofA