Thursday, April 27, 2023 10:22:05 AM
if frc goes down, the big boy banks will lose 30 billion. if they don't ante up more, the fdic will take over and they will have to pay more to them. it's a lose-lose situation. liquidity keeps going down and there ain't nothing they can do about it, except maybe calling in notes.
https://finance.yahoo.com/news/30-billion-reason-wall-street-005325694.html
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