Quotes from the news wire:
I think you’re able to rely on it, but there is a tail risk in that lack of absolute certainty.
Found on CNN 1 year ago
Do we want to make it the duty of depositors to do that kind of forensic accounting analysis on banks? we don’t make people do analysis of airplanes when we board them. We rely on the FAA. If it’s certified, we get on them.
Found on CNN 1 year ago
Is it a virtue that America has well over 4,000 banks? Most big countries have a few big banks with branches, i wouldn’t necessarily want to experiment and withdraw that.
Found on CNN 1 year ago
There are a lot of people who feel that this is in some way a bailout, and this is in some way one more example of capitalism for the poor and socialism for the rich.
Found on CNN 1 year ago
I wouldn’t necessarily want to experiment and withdraw that.
Found on CNN 1 year ago
But if we incentivize people to only go to the biggest banks, then the sector will consolidate beyond what people think is an attractive thing.
Found on CNN 1 year ago
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