sriram97

3 ms·

1. 1.▲
   by sriram97 4y ago

   As pointed out a totally avoidable problem. Glad Fed backstopped. Also dont like calling this a bailout - it's not.
2. 2.▲
   by sriram97 4y ago

   Shareholders are lowest in the totempole. They get zero. Debt and deposits take priority
3. 3.▲
   by sriram97 4y ago

   It depends. A larger bank may not be allowed to do so if they are a g-sib.