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[quote=Anonymous][quote=Anonymous]Seems like the regulators were asleep on the wheel with this bank. How could you allow customer deposits to be used to loan out in risky venture debt or long term duration MBS that dont need to marked to market to conceal losses? There's got to be alot of collateral damage if they dont come up with a mechanism to give company's deposits back in a timely manner so they can make payroll. The equity and debt holders of the bank should be wiped out for their incompetence for risk management. [/quote] How do you think fractional reserve banking works?[/quote]
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