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To: z3n

Big financial institutions?

**************

Prolly safe to invest in an industry that the government goes to great lengths to protect. Big financial institutions have their people deeply embedded in the Swamp. Just saying.


23 posted on 02/12/2021 8:20:28 AM PST by Starboard
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To: Starboard
Prolly safe to invest in an industry that the government goes to great lengths to protect. Big financial institutions have their people deeply embedded in the Swamp. Just saying.

Maybe. But in a SHTF situation where the banks implode the Feds will have to offer up some sort of sacrifice to show the public that they are bailing out the banking system and not the bank owners. Like say holders of the banks’ common stock, unsecured debt and junior in priority debt. The preferred stock and senior debt will get a haircut and the small investors will be beheaded.

58 posted on 02/12/2021 7:11:41 PM PST by Pilsner
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