[toss1]

NO, risk does NOT apply equally to depositors vs stockholders

There is a very well-legislated and well-litigated priority of claims agains a business that goes bankrupt.

It's roughly: first pay 100% of employee's payroll, then apply what's left to secured creditors (for a bank, I'd expect depositors to fall here), then what's left goes to unsecured creditors, then, preferred shareholders, then common shareholders.

Moreover, for all kinds of debt and equity, there are slices of the slices of different risks that can be setup to provide greater return (w/greater risk) or greater security (with lesser return).

Expecting the common shareholders to have anything resembling "equal" risk as the depositors is pure ignorance.