3 ms·
If the FDIC didn’t decide to retroactively insure uninsured depositors, and/or had done their job in the first place then there wouldn’t have been any losses th
by balderdash 3y ago
If the FDIC didn’t decide to retroactively insure uninsured depositors, and/or had done their job in the first place then there wouldn’t have been any losses that needs to be socialized and hence no discussion about changing the funding structure of some banks
- downrightmike 3y agoThe law was changed and went from $50b to $250b for stress tests. This is on congress.
- balderdash 3y agoYou could stress test this bank on the back of a napkin, and both of my previous comments still stand.