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Comment by yunwal

> The other good news is that it will probably net out to costing little to nothing in the long term

If it cost nothing with no risk, surely a larger banking institution would have been willing to step in to solve it.

> Seems very much relevant to what the FDIC was created for

The FDIC was created to be an insurance corporation, not to bail out banks at their discretion.

parent yunwal 3 years ago

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