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To: Pelham

I believe the subject was about banks, which the FED has a habit of bailing them out.


55 posted on 01/14/2015 6:42:47 PM PST by Karl Spooner
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To: Karl Spooner

Individual banks in the oil patch could go under. That will wipe out their stockholders and any depositors unlucky enough to be above the FDIC limit. Won’t hurt the Fed. They’ll find some other bank willing to take over what’s left of the first bank’s business.


67 posted on 01/14/2015 7:01:40 PM PST by Pelham (WWIII. Islam vs the West)
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