Prologue Journal

The FDIC Guarantees Instability

• prologu5
• 05/10/202305/10/2023

Wall Street Journal

The ‘system-wide’ deposit backing only kicks in once a bank fails, so potential buyers wait for the subsidy.

https://www.wsj.com/articles/the-fdic-guarantees-instability-inflation-deposit-insurance-first-republic-jp-215adaba