Submitted by Powerpuff_Rangers t3_11t0ty4 in news
Draker-X t1_jcmijoq wrote
Reply to comment by Mr_Mouthbreather in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers
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"?
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