Submitted by PussyBreath007 t3_1264nxo in wallstreetbets
PussyBreath007 OP t1_je9m6eo wrote
Reply to comment by Halforthechump in $FRC - Puzzle Pieces by PussyBreath007
I fundamentally disagree with you. I stand by my assertion that big banks would have no problem with many regional banks going under. In fact, a banking system where even more money was centralized with a dozen big banks would be their ultimate preference. I don’t believe the biggest banks deposited $30B to prevent regional bank failure contagion. Not at all. They have a different relationship with FRC, clearly.
Viewing a single comment thread. View all comments