The FDIC is not on the hook because one bank ordered (funny idea by the way) one hedge fund to fail.
and we are the FDIC.
Banks are the FDIC.
What could possibly go wrong ,, if they win they win , if they lose WE pay them...
What could go wrong with your silly scenario? LOL!
You need to re-read what the changes inserted in the budget bill mean.. if you didn’t understand the original here’s a follow up.. http://www.zerohedge.com/news/2014-12-14/fed-vice-chairman-shocked-wall-street-influence-after-jamie-dimon-whips-cromnibus-vo