[PierceJoy]

You will lose far far more if the public loses faith in banks. Not wanting depositors to get backstopped is cutting off your nose to spite your face.

[ahelwer]

Nobody in "the public" is losing faith in banks. FDIC covers everybody up to $250k. If you have more money than that and can't be arsed to split it up into multiple accounts that's on you.

[dmm]

> You will lose far far more if the public loses faith in banks

Maybe so. But I think we should be honest about what this is: a bailout of the banking industry.