[OC] There are a few other Banks sitting on large unrealized securities losses. Compared that to their stock price return month-to-date to see what the rest of the market thinks of their situation.zortlord t1_jc3ef6o wrote
Reply to comment by Square_Tea4916 in [OC] There are a few other Banks sitting on large unrealized securities losses. Compared that to their stock price return month-to-date to see what the rest of the market thinks of their situation. by Square_Tea4916
FDIC does not keep enough money on hand to fully insure all banks, you know... they really only have about $128b which is < 2% on the entire US banking industry.
MadtownV t1_jc3qieo wrote
Good thing money isn’t real
Square_Tea4916 OP t1_jc3epls wrote
If it got to that, then you have to add whatever they print out as a bailout “to restore faith in the American banking system.”
Acrobatic-Event2721 t1_jc52fwy wrote
They’ll sell bank assets before they use their cash reserves.
putalotoftussinonit t1_jc4ddow wrote
Hope they enjoy all of my debt.
shinshit t1_jc65tlw wrote
Yup. They're struggling to even keep 1.35% in reserves.
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