Submitted by Powerpuff_Rangers t3_11t0ty4 in news
Mr_Mouthbreather t1_jci714l wrote
Is there any way we can get away from the massive "too big to fail" banks? Isn't that the more major problem?
Draker-X t1_jcmijoq wrote
The issue right now is that we don't know where the "too big to fail" line is.
Right now that would go to banks that have "greater than X" percentage of their depositors be businesses with deposits over $250K.
People could probably figure out the number of businesses, but how would anyone solve for "x"?
HildemarTendler t1_jcj3lwo wrote
Right now those are the organizations making sure the smaller banks don't fail. So while I agree with your sentiment, now isn't a good time to be going after them.
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