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by monodeldiablo 1193 days ago
Depositors will get their insured money back. Is there a commitment from the FDIC to make all depositors whole? If so, that's not typical.
1 comments
morelisp 1193 days ago
The FDIC insurance won’t make the rest whole, the bankruptcy process will. The assets are not fundamentally toxic and someone will buy them, with a haircut.

Play stupid games, win 70 cents on your dollar.

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