alt Hacker NewsAll the more reason to make them fail. FDIC should pay insurance and otherwise fail the banks. Capitalism cannot work if there isn't feedback that not watching for things like this will hurt you.
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JumpCrisscross • yesterday at 1:03 PM
> FDIC should pay insurance and otherwise fail the banks
That’s what happened in 2023.
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I actually liked the approach that happened with several large companies in 2008 - the stockholders get wiped out, the senior management is gone, but the depositors get protected.