That's just ensuring anyone over the insured limits participates in a bank run on every bank that isn't too big to fail (and the first to do so get rewarded by getting to keep their money).
No, that's ensuring that we follow FDIC rules. Change the rules, and be upfront about the cost, not relay on one-off precedences.
SV bank bailout was a scam. They said taxpayers won't pay for and it'll be paid by banks. Which means customers. I won't pay for it as a taxpayer, I'll just pay it as a bank customer - lovely.
SV bank bailout was a scam. They said taxpayers won't pay for and it'll be paid by banks. Which means customers. I won't pay for it as a taxpayer, I'll just pay it as a bank customer - lovely.