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by altairprime
1192 days ago
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By ‘afloat’, do you mean, “keep the depositors whole” or “keep the bank operating” or both? A lot of confusion centers around the assumption that any bailout will be for the bank’s operations, not for the depositor’s deposits. That’s perfectly valid confusion - historically it’s been the latter! - and the FDIC isn’t willing to talk about deposits yet, either. |
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