[patriot torch]

I have read that there was legislation passed following the housing bubble collapse in 2008 which calls for a bank bail out, but instead of tax payers bailing out the insolvent collapse of a bank, it would instead be the members of the bank:

Bail-ins allow banks to convert debt into equity to increase their capital requirements. They shift the risk to unsecured creditors, including depositors whose account balances exceed the FDIC limit of $250,000.

I do believe this will happen in the not to distant future.

I learned first of this watching a daily podcast on YouTube known as Iallegedly.

[V K Lee]

“Iallegedly”

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We’ve been watching Dan on a daily basis. His info consists
of ww input.

[scrabblehack]

So what, big depositors could end up having to repossess houses of delinquent borrowers?