Big Banks Are Feeding Like Parasites on the Government's Money
safety net provided by government deposit insurance; -an implicit safety net provided by "too big to fail"; * a special privilege of being the only untaxed casino; * an open invitation to raid... Depression was federal deposit insurance under the supervision of the Federal Deposit Insurance... will be out of luck, as the bank's reserves will be depleted. Thus, before federal deposit insurance, runs... customers, who are covered by deposit insurance, have no reason to be concerned about the soundness
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