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The problem with trading bans is that they effectively kill the bank, or a substantial chunk - which then causes all the knock on effects of a bank failing whic
by cmdkeen 11y ago
The problem with trading bans is that they effectively kill the bank, or a substantial chunk - which then causes all the knock on effects of a bank failing which might very well be more expensive to the Government / society in the long run.
It all comes back to "too big to fail".
- rorykoehler 11y agoThey could be forced to split off the culpable area of the business and sell it at a below market value or even free price.
- ryanlol 11y agoThat's probably a good solution if your intention is to destroy any trust that's left in the banking system.
- rorykoehler 11y agoI have zero trust in the banking system or even the monetary system as it stands. I only partake because I have no other viable choice. The system is so flawed that it's doomed to fail. It's not a question of if but when.