[dragontamer]

> First Republic Bank was collapsing for more than a month. If anyone still kept uninsured money there, it's mostly on them.

The big banks deposited 30-billion dollars uninsured to try to rescue FRC. Are you saying that you don't want big-banks trying to rescue smaller banks anymore?

Moral hazards, all the way down. We like the deposit they made, but they did so because FDIC seemed to offer assurances to cover even uninsured deposits. We're back to SIVB questions and just delayed by a month.

[justapassenger]

Big banks and small banks are businesses. I don’t want big bank to “rescue” smaller bank if it doesn’t make economical sense to them.