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Author Topic: U.S. FDIC restricts interest rates at weak banks  (Read 5333 times)

Strings

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Re: U.S. FDIC restricts interest rates at weak banks
« Reply #25 on: June 02, 2009, 08:43:59 PM »
What're y'all arguing about? We all know the truth: it's fistful's fault! :P

Seriously though: LOTS of different things went into the stew that we're in now. Can't really point a finger at any one in particular...

Oh, Mike?

>I have such an urge to throw crackers.<

Can has saltines now? Kthanksbai!
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No Child Should Live In Fear

What was that about a pearl handled revolver and someone from New Orleans again?

Screw it: just autoclave the planet (thanks Birdman)

richyoung

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Re: U.S. FDIC restricts interest rates at weak banks
« Reply #26 on: June 03, 2009, 02:21:03 PM »
Quote from: Mike Irwin on June 01, 2009, 03:16:37 PM
So, what are you actually for there, Microbalrog?

A bank that fails with, say, 50,000 investors and $10 billion in investments, or one that's allowed to offer ridiculous carrot rates and which ultimately fails with 100,000 investors and $25 billion in investments?

Which one of those sounds so much more wonderful?

Fact is, both scenarios suck.

But one sucks far less.


Why should me and my tax dollar be on the hook for either one?  I thought the WHOLE POINT of government regulation and the FedRes was to "prevent the boom and bust business cycle and the next great depression".  If so, its not working.  The emporer has no clothes on....
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Those who beat their swords into plowshares will plow for those who don't...
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