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[quote=Anonymous][quote=Anonymous]I think we can let the 18th largest bank, which is primarily a commercial bank, in the US fail. The moral hazard of not letting it fail is worse. Also, this will be an organized collapse. Equity and debt holders will be wiped out, as they should be. Customers will end up with 90%+ on the dollar, a very small haircut. The only issue is the time, payouts will rollout quickly but some companies may get hit because they don’t have the cushion to handle it. Some weak startups will likely fail, most would have anyways but just a bit quicker now.[/quote] You have no idea what you’re talking about. Luckily no one is trusting you to make decisions.[/quote]
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