They weren't insolvent, they were having a liquidity crisis. There is a difference. They had plenty of assets they just weren't assets that they could liquidate quickly to meet the demand for withdrawals.
And they probably had reserves, they just didn't have EXCESS reserves that they could draw out without being in violation of the Reserve requirements were.
So, how many banks has the FDIC had to close now?
And let’s see, they ran out of money sometime ago, too?
Yes, indeed they most certainly were telling us how they were running out. And how many banks are on their list to fail? Hundreds?
You shills work real hard to keep the masses as uninformed as possible.
DEBT slavery is NOT capitalism.
And the dollar is below 76 today, fancy that.