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mvw2 t1_jbxxgku wrote

By fail, you mean what exactly?

Like the bank just closed?

Or like an entire company failed and no longer exists?

I'm trying to figure out what "failure" means here as it's defined on the graph.

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AdvisedWang t1_jby8bc7 wrote

As the source is FDIC "failed" would mean "couldn't get the cash to pay withdrawals", which means the FDIC takes over, pays out insured balances, sells remaining assets, and then closes the bank.

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