[bduerst]

Banks are not more risky because there is corporate governance to curtail moral hazard.

I'm sorry for assuming you knew this, but as you say, it isn't simple for some.

[thisIsNotMikey]

The moral hazard is introduced by the insurance. So yes they are more risky. Corporate governance, as you said, helps curtail the moral hazard, but without the insurance, the moral hazard would not exist in the first place. Go troll somewhere else. Your just wrong!

[bduerst]

Glad you finally agree about the FDIC. Maybe I'll create an account for each thread on HN and start calling people names, since that seems to be popular now.