I'm not following you. I never said they were liabilities to themselves? The depositors are liabilities of the bank, as the bank is obligated to return the mo

I'm not following you. I never said they were liabilities to themselves? The depositors are liabilities of the bank, as the bank is obligated to return the money. I can remove all pronouns from what I wrote. "The depositors, to be clear, NEVER held the assets under question. The depositors deposited money into the bank that let the bank purchase the assets. At that point, the depositors are not assets of the bank, but liabilities. Now, the bank's assets dropped in value so that the bank could not cover the banks obligations to their depositors. The bank was dissolved accordingly, with the banks assets sold to another bank. You are wanting to also have the banks liabilities dissolved, such that the depositors are also somehow punished?"