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re: Main Street is bailing out risky banks again; this time it's Menlo Park instead of Wall St

Posted on 3/13/23 at 9:03 am to
Posted by chinhoyang
Member since Jun 2011
23628 posts
Posted on 3/13/23 at 9:03 am to
I seem to recall some pundit (years ago) warning about these giant banks and the problems that will occur when one fails.

Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423378 posts
Posted on 3/13/23 at 9:05 am to
quote:

I seem to recall some pundit (years ago) warning about these giant banks and the problems that will occur when one fails.

One of the major issues of this potential crisis is making the giant banks the only banks.

I don't think that solution is what you are hoping for.
This post was edited on 3/13/23 at 9:06 am
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