Oh, yeah. The S is definitely hitting the F in the options and futures world. This could lead to a broad lack of confidence in banks and other financial institutions. The FDIC does not have the money to cover everyone’s deposits.
"The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette."